Crypto News
Rideshare Company Lyft Taps Bee Maps for Decentralized Mapping Data
The Rideshare firm began sourcing map data from a Hivemapper-powered platform last year, Decrypt has learned.Source link
British Museum Puts Sculptures of Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain
Asprey Studio’s 11 sterling silver sculptures based on Albrecht Dürer’s 1514 print will be paired with Bitcoin Ordinals inscriptions.Source link
SEC Begins Proceedings on Blackrock Bitcoin ETF Over In-Kind Creation Model
The SEC has launched proceedings to assess Nasdaq’s proposed rule change that would allow in-kind creations and redemptions for Blackrock’s Bitcoin ETF. SEC Reviews Nasdaq’s In-Kind Rule Change for Blackrock Bitcoin ETF The U.S. Securities and Exchange Commission (SEC) issued an order on May 13 to commence proceedings that will determine whether to approve orSource link
Top Blockchain Projects of 2025: Binance, Sui, droppGroup, RECRD, and More According to CredibilityX
This content is provided by a sponsor. The blockchain space has seen immense growth over the years. The field continuously changes daily, but is only driven forward with the help of innovators in the space. It takes leadership, longevity, and transformation to stand out and keep up with the rapidly changing environment. The space isSource link
Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says
As the stablecoin competition is heating up with looming regulation in the U.S., traditional finance institutions are taking notice—largely out of fear of losing out to digital dollars, said Ben Reynolds, BitGo's managing director of stablecoins, at Consensus 2025 in Toronto.Speaking at a panel discussion, he said that BitGo's recently launched stablecoin-as-a-service has seen “incredible inbound” interest from U.S. and foreign banks wanting to tokenize deposits or issue stablecoins."A lot of banks are just being defensive—they’re afraid they’re going to lose their deposits,” Reynolds said. "They look at stablecoins and say: How do we not get left behind?"Yield-bearing versions of stablecoins and tokenized money market funds have seen rapid growth recently, but still make up only a fraction of the...