Billionaire Bill Ackman: Bitcoin Will Soar
Billionaire investor and CEO of Pershing Square Capital, Bill Ackman, expressed optimism towards the first cryptocurrency and suggested that the US dollar may weaken due to increasing inflation.
Grayscale and Coinbase Are Negotiating Ethereum ETF with SEC
Grayscale and Coinbase have met with the SEC to discuss a rule change for the launch of spot Ether ETFs.
MakerDAO Introduces Fee Adjustments Due to Volatility
MakerDAO has approved temporary fee adjustments through an “Executive Vote” to strengthen the protocol in response to increased market volatility.
Crypto Platforms Daily Trading Volume Approaches $100B
The average daily trading volume on centralized crypto exchanges has recently reached its highest point since November 2021.
Stablecoin Studio on Sui, S3, to Give Sui Developers Compliant Payment Processing Stablecoin Applications
Grand Cayman, Cayman Islands, March 8th, 2024, Chainwire Powered by Pravica, S3 will provide builders on the Sui blockchain with the opportunity to seamlessly launch native stablecoins without the complexities of smart contract development and currency management S3.MONEY (S3), a stablecoin studio developed on top of the Sui blockchain, was officially announced today by Cairo-based blockchain startup Pravica in collaboration […]
Conflux Network introduces AxHKD, Hong Kong Dollar-Backed Stablecoin
Toronto, Canada, March 8th, 2024, Chainwire Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar (HKD)-backed stablecoin, AxHKD. Built by local fintech company AnchorX, the stablecoin will be launched on Conflux Network initially, followed by Ethereum. Conflux will provide the underlying technology with its […]
Hong Kong Will Launch a New Wholesale CBDC Project
The central bank of Hong Kong has announced the initiation of a wholesale central bank digital currency (wCBDC) project with the aim of supporting the growth of the tokenization market.
