Crypto News

After Attacking Monero, Qubic Sets Its Sights on Dogecoin—Here’s Why

Qubic is attempting to change Monero forever. In the meantime, the AI protocol is prepping for its next target: Dogecoin.Source link

Hashrate Rebounds to 966 EH/s, Edging Within Striking Distance of a New Peak

As bitcoin holds around $116,000 mark, the network’s hashrate is steadily pushing its way back toward record-breaking territory. Despite Revenue Loss, Bitcoin Miners Push Network Strength Back to Record-Breaking Levels After climbing to 976 exahash per second (EH/s), the network’s computing power slid back below the 900 EH/s threshold just four days later. As ofSource link

Stellar Development Foundation Invests in Archax, Aiming to Boost Tokenization

The Stellar Development Foundation (SDF), the organization supporting the Stellar (XLM) blockchain, invested in UK-based digital asset exchange and tokenization firm Archax as part of a broader partnership to boost tokenized real-world assets (RWAs), the firms said in a press release shared with CoinDesk.Archax has already started using Stellar, integrating the network into its in-house tokenization platform and launching a tokenized Aberdeen money market fund.The firms didn't disclose the size of the investment.The deal comes as tokenization of traditional financial instruments like bonds, funds and stocks, often dubbed real-world assets (RWA), is gathering speed. Global banks and asset managers are exploring this technology to cut settlement times, increase transparency and keep markets open around the clock. The tokenized RWA market...

Ethereum Treasury Aims to Foil Short Sellers With ‘Loyalty Payment’ as Shares Trade at Discount to...

The company’s shares were up nearly 9% in Monday trading.Source link

Bitcoin Is Down and Treasury Firms Are Buying the Dip

Institutions have remained surprisingly bullish on bitcoin, using their deep pockets to capitalize on buying opportunities every time the digital asset goes lower. Treasury Firms Seize the Opportunity as Bitcoin Price Dips Bitcoin treasury firms such as Strategy and Metaplanet went on a buying spree as the cryptocurrency fell by more than 2% on Monday.Source link