Crypto News

After concerns arose regarding a potential 51% attack by the Qubic mining pool, Monero announced on August 26 that the development of its Full-Chain Membership Proofs (FCMP) upgrade is advancing quickly, with a testnet launch expected soon. Codebase Improvements and Countermeasures Following the recent controversy over a purported 51% attack by the Qubic mining pool,Source link

Finastra, a London-based financial tech provider to some of the world's largest banks, said Wednesday it will connect its payments hub to Circle’s (CRCL) USDC stablecoin, giving banks an option to settle cross-border transfers with the token.The integration will begin with Finastra’s Global PAYplus (GPP), which processes more than $5 trillion in daily cross-border payment flows, the firms said in the press release.The move underlines how stablecoins, a group of cryptocurrencies with prices anchored predominantly to fiat currencies like the U.S. dollar, are increasingly being tested by major financial institutions as alternatives to traditional settlement channels. Payments giants Stripe and PayPal already have their own stablecoin infrastructure in place, while several major banks, large retailers reportedly explore having their own...

Hut 8 this week announced plans to grow its energy capacity across four U.S. sites.Source link

This content is provided by a sponsor. United States stands at a pivotal moment in the global race for digital asset leadership. President Donald J. Trump has announced bold initiatives including the creation of a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. These moves, unprecedented in scope, are intended to position America asSource link

Blueprynt CEO and Georgetown law professor Chris Brummer said counterfeit cryptocurrencies “hurt everyone involved.”Source link