Articles for tag: Aave, Bitcoin (BTC), Cryptocurrency, GHO stablecoin

Sadia Ali

Aave

Aave Ventures Into Bitcoin Mining to Strengthen GHO Stablecoin

Aave plans to enter Bitcoin mining to boost revenue and grow its stablecoin ecosystem. The initiative leverages mining profits and hardware appreciation for dual benefits. The timing aligns with a bear market, offering cost-effective mining and asset acquisition. Aave is exploring Bitcoin mining to strengthen its GHO stablecoin ecosystem and ... Read more

Bena Ilyas

Crypto

Trump Plans to Prioritize Crypto with New Executive Order

President-elect Donald Trump is reportedly ready to sign an executive order naming cryptocurrency a national priority in what could be a dramatic reshaping of the crypto landscape in the United States. The directive, expected as early as Jan. 20—Trump’s first day back in office—could chart a new regulatory course for ... Read more

Sadia Ali

Bitcoin

Oklahoma’s Bitcoin Bet: New Bill Eyes Financial Stability

Oklahoma introduced a bill to adopt Bitcoin as a strategic reserve asset. HB1203 aims to secure state funds against inflation through digital investments. The legislation showcases Oklahoma’s leadership in innovative fiscal policies. Oklahoma’s Representative Cody Maynard announced the Strategic Bitcoin Reserve Act on Jan. 15. This groundbreaking legislation seeks to ... Read more

Sadia Ali

Sony

Sony Enters Ethereum’s L2 Ecosystem: What It Means for Blockchain

Sony L2 adoption reflects Ethereum’s flexibility for centralized businesses. Cryptonatives challenge Sony’s partial decentralization approach. Ethereum’s L2 ecosystem is primed for rapid corporate adoption. Sony’s entry into Ethereum’s Layer-2 (L2) ecosystem via Soneium marks a strategic move. Ethereum community member and investor Ryan Berckmans sees this as a vital step ... Read more

Sadia Ali

Crypto

Senator Warren Questions Treasury Nominee on Crypto, and More

Senator Warren questions Treasury Secretary nominee Scott Bessent on crypto regulations and fintech risks. The IRS faces potential budget cuts, and banking failures highlight financial system vulnerabilities. Housing market challenges, including affordability, are also key issues raised in Warren’s letter. Senator Elizabeth Warren has sent a detailed letter to Scott ... Read more

Sadia Ali

Mudrex

Mudrex Halts Crypto Withdrawals: Update on INR & Compliance

Mudrex, a major cryptocurrency exchange in India, has temporarily stopped crypto withdrawals. It announced this move with a view to upgrading its compliance suite and providing a safer trading environment. The officials also clarified that the INR withdrawals would not be affected, and all funds were safe. Alankar Saxena, founder, ... Read more

Bena Ilyas

Ethereum

Ethereum Whale Dumps $33M in Major Selloff During 11% Price Drop

Ethereum, the world’s second-biggest cryptocurrency by market capitalization, came under considerable selling pressure throughout the weekend, extending the prolonged decline in its price. One of the most prominent whale investors sold a chunk of their holdings and booked a loss as Ethereum shed more than 11% of its value during ... Read more