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Bitcoin’s latest governance clash escalated this week as the first block signaling support for a temporary soft fork designed to restrict arbitrary, non-monetary data in the blockchain’s transactions was produced by mining pool Ocean. The proposal, formally assigned BIP-110 after evolving from earlier drafts, aims to reinstate strict limits on transaction output sizes and arbitrary data fields for about a year. The idea is to curb what proponents see as “spam” uses of block space for non-financial data. They argue that unchecked data, including large inscriptions and so-called OP_RETURN payloads, threaten the original blockchain’s role as sound monetary infrastructure and…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As bearish pressure returns to the cryptocurrency market, the price of Ethereum has lost the $2,000 level. Despite the fact that volatility still lingers, conviction is building among investors again, as indicated by the steady inflows of capital into ETH accumulation wallet addresses. A Steady Stream Of Ethereum Flows Ethereum’s price may be struggling with ongoing volatility, causing it to revisit a key support level, but the activity of investors is painting a different story. A recent report indicates a persistent bullish sentiment and activity among ETH…

Australian Securities and Investments Commission grants AFSL to AUDD issuer, enabling regulated digital AUD payments.AUDD runs on XRP Ledger but remains a private stablecoin, not a CBDC.Banks in Australia can legally issue, hold, and transact AUDD under financial law.Australia is making a huge leap towards the digital currency world. The AUDD stablecoin enables banks and businesses in the country to legally issue and use a blockchain-based digital dollar. The country has an Australian Financial Services Licence (AFSL) issued by the financial regulator of the country, ASIC, to AusDD. This adoption has enabled institutions to securely trade in digital Australian dollars on…

The Nasdaq stock exchange wants to list binary options tied to its flagship stock indexes, a move that would let traders place yes-or-no bets on the direction of major equity benchmarks like the Nasdaq-100.In a Monday filing with the U.S. Securities and Exchange Commission (SEC), the exchange said it also plans to offer binary options on the Nasdaq-100 Micro Index. A binary option is a bet with only two outcomes. Either the condition is met, and the bettor walks away with a profit, or the option expires worthless. Nasdaq’s proposed contracts would be priced between 1 cent and $1, reflecting…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst has drawn a striking comparison between XRP and the Russell 2000 index, a US stock market index that tracks the performance of smaller publicly traded companies. Based on the similarities found between the two assets, the analyst has suggested that the altcoin could be setting up for an explosive move into price discovery.  XRP Chart Mirrors Russell 2000 Index Trend A new technical analysis by market analyst Austin compares XRP’s recent price action with historical price movements of the Russell 2000 index. In an X…

Sony Bank partners with JPYC Inc. to explore direct stablecoin integration, enabling real-time yen stablecoin purchases through bank accounts.Sony Bank is exploring deeper involvement in stablecoin technology through a new partnership in Japan. The bank signed a memorandum of understanding with JPYC Inc. The goal of the agreement is to look at research into direct integration between Sony Bank accounts and the JPYC stablecoin system.Sony Bank and JPYC Study Direct Stablecoin Payment IntegrationSony Bank announced a strategic partnership with JPYC Inc. looking into integrating the yen-backed stablecoin JPYC directly. The collaboration is focused on connecting bank deposits and stablecoin payments…

Crypto prices are rebounding from their worst weekend levels in early U.S. trading on Monday alongside a sizable bounce in U.S. equity indices.Roughly one hour into the session, the Nasdaq is down just 0.1% after futures at one point overnight had indicated a plunge of more than 2%. The S&P 500 and DJIA are also posting just very modest losses.Gold remains higher by 2% and crude oil by 7%. The U.S. dollar index is having one of its strongest sessions in weeks, gaining 1%.Bitcoin BTC$66,352.16 has moved up to $68,600, ahead 2.3% over the past 24 hours. Ether (ETH) is…

Wallet linked to Chun Wang deposits $240M stablecoins to Binance and withdraws $67.5M ETH, with $150M ETH moved to Aave.Large cryptocurrency transfers linked to Chun Wang have attracted attention after blockchain data showed $240 million in stablecoin deposits and $67.5 million in Ethereum withdrawals within weeks. The transactions were recorded on public ledgers and tracked by blockchain analytics platforms.Stablecoin Deposits and Exchange ActivityOn-chain records show that an address associated with Chun Wang deposited about $240 million in USD stablecoins to Binance over the past 1.5 months. The deposits were made through multiple transactions and were spread across different days, according…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1907.12, up 0.3% (+5.99) since 4 p.m. ET on Friday.Eight of the 20 assets are trading higher.Leaders: NEAR (+12.4%) and SOL (+2.1%).Laggards: DOT (-7.3%) and BCH (-4.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.#Protocol #jumps #weekend

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An on-chain developer has announced that a new wave of deceptive non-fungible token (NFT) scams is sweeping across the XRP Ledger (XRPL), putting wallet holders on high alert. The attacks, which rely entirely on human error, have prompted growing concern within the XRP community about the threat of social engineering in the crypto space.  Developer Sounds Alarm On New XRP Scam XRP wallet holders are facing new sophisticated scam attempts as fraudsters flood the XRP Ledger with fake NFT passes designed to trick users into surrendering control…