Author: Admin-aX9d7

The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years.According to an April 29 announcement, the plan was jointly developed by the Beijing Municipal Science and Technology Commission, the Zhongguancun Administrative Committee, the Cyberspace Administration Office, the Bureau of Government Services and Data, the Bureau of Economy and Information Technology and the Bureau of Commerce. The implementation is expected to start this year and continue until 2027.The announcement. Source: Beijing governmentThe Beijing Blockchain Innovation and Application Development Action Plan recognizes blockchain as a “critical foundational technology for industrial digitalization and vital…

Economic uncertainty and a major crypto exchange hack pushed down the total value locked in decentralized finance (DeFi) protocols to $156 billion in the first quarter of 2025, but AI and social apps gained ground with a rise in network users, according to a crypto analytics firm.“Broader economic uncertainty and lingering aftershocks from the Bybit exploit” were the main contributing factors to the DeFi sector’s 27% quarter-on-quarter fall in TVL, according to an April 3 report from DappRadar, which noted that Ether (ETH) fell 45% to $1,820 over the same period.Change in DeFi total value locked between Jan. 2024 and…

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 2780.05, up 0.4% (+9.87) since 4 p.m. ET on Monday.Nine of 20 assets are trading higher.Leaders: BCH (+6.3%) and ETH (+1.8%).Laggards: SUI (-2.6%) and HBAR (-2.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

In brief The final ruling prevents the Treasury from reinstating sanctions on Tornado Cash. The judge rejected the government’s claim that voluntary delisting in March made the case moot. The ruling reinforces the Fifth Circuit’s November decision that smart contracts aren’t sanctionable property. A federal court has permanently barred the U.S. Treasury from reimposing sanctions on crypto mixer Tornado Cash, delivering a definitive victory for crypto privacy advocates.Judge Robert Pitman of the U.S. District Court for the Western District of Texas updated and finalized amendments on Monday, ruling that the Treasury’s actions were “unlawful” and placing an order that compels…

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…

The prospect of a bitcoin reaching $200,000 by the end of 2025 raises eyebrows. Standard Chartered asserts this trajectory. The scenario is based on various indicators. It combines returns, ETF flows, and whale movements. In short, the institution bets on a rapid surge. This article details the reasons. It highlights the key signals. L’article Standard Chartered: Bitcoin On Track For Unprecedented 2025 Peak est apparu en premier sur Cointribune.

The CEO of Duolingo has said the company plans to adopt an “AI-first” approach to work.This means the language learning app is going to “gradually stop using contractors to do work that AI can handle,” according to CEO Luis von Ahn.The message went out in an email to all staff before being posted to the Duolingo LinkedIn account.Despite this bold claim, von Ahn was clear to say that, “Duolingo will remain a company that cares deeply about its employees” and that “this isn’t about replacing Duos with AI.”The focus is to remove what he calls bottlenecks in order to allow…

USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29.The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the United Arab Emirates, the firm said in an official press release.Jeremy Allaire, Circle’s Co-Founder and CEO, said the approval “advances our strategy to establish deep roots in markets embracing the onchain economy.” He added:“It also underscores Circle’s enduring commitment to global stablecoin oversight—strengthening trust, compliance, and…

Bitcoin staking protocol Solv, which has over $2 billion worth of BTC locked on its platform, announced Tuesday the launch of a Shariah-compliant yield product called SolvBTC.core.The new offering, a liquid staking token for BTC, has been developed in collaboration with the Core ecosystem, which offers a range of DeFi applications, including lending, restaking, liquid staking and decentralized exchanges.Created with guidance from Nawa Finance and accredited by Amanie Advisors for Shariah compliance, SolvBTC.CORE generates yield by securing the Core blockchain network and engaging in on-chain DeFi activities while adhering to Islamic finance principles.Solv Protocol enables BTC holders to lend, stake, earn yields, and…

The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to a report by the Organized Crime and Corruption Reporting Project.The OCCRP reported on April 28, citing leaked company records and bank statements, that nearly half of the funds from Bankera’s 100 million euro ($114 million) ICO were transferred to a bank in the Pacific Island country of Vanuatu that was purchased by the project’s founders, Vytautas Karalevičius, Justas Dobiliauskas and Mantas Mockevičius.Soon after, the Vanuatu bank reportedly began issuing millions of euros in loans to companies…