Ripple unleashes a $25 million RLUSD initiative to uplift U.S. education, delivering digital asset-powered classroom support and driving transformative impact for students and educators nationwide. Ripple Pledges $25M in RLUSD to Support US Educators Ripple announced on May 5 a $25 million education initiative in collaboration with Donorschoose and Teach For America, pledging support for […] Source CryptoX Portal
Ethena’s USDe stablecoin is now live on Hyperliquid’s decentralized exchange and HyperEVM blockchain, enabling daily rewards for users and cross-chain DeFi integrations. Hyperliquid Users Earn Rewards via USDe Balances on Hypercore and HyperEVM The USDe stablecoin, developed by Ethena Labs, has launched on Hyperliquid’s exchange and HyperEVM network, marking its expansion within the Hyperliquid ecosystem. […] Source
Spark, a bitcoin L2 platform fully compatible with the Lightning Network, has launched on mainnet. Promoted as “the fastest, cheapest, most UX-friendly way to build financial apps and launch assets on bitcoin,” the network enables a series of use cases destined for monetary applications, such as issuing stablecoins on top of bitcoin or building hybrid […] Original
Key Notes Tether announced a new U.S.-based stablecoin at Token2049 Dubai. The stablecoin aims to meet U.S.regulatory standards and operate separately from USDT. CEO Paolo Ardoino is strengthening ties with U.S.lawmakers and regulators. . Stablecoin issuer Tether plans to launch a new dollar-pegged stablecoin based in the United States that will comply with domestic regulatory requirements. This new stablecoin is expected to operate independently from the existing USDT. Tether’s CEO, Paolo Ardoino, announced the development at Token2049 Dubai, revealing that the company is actively working with U.S. regulators to release…
This content is provided by a sponsor. PRESS RELEASE. Fastex has announced the launch of YoWallet, an upgraded version of its existing Fastex Wallet app. The migration process has already started, allowing users to transition smoothly to YoWallet to benefit from enhanced functionality and performance. YoWallet introduces several enhancements, including real-time notifications for wallet activities, […] Source CryptoX Portal
A new government relations firm that includes former administration officials started operations in Washington, D.C. to help crypto and artificial intelligence companies shape U.S. policy. NexusOne Consulting is led by Jeff Ifrah, a white-collar defense attorney; Jim Trusty, a former government lawyer who has represented the Trump administration; and Ross Branson, who served in the Commerce Department during President Donald Trump’s first term. “There’s a once-in-a-generation opportunity to shape the future of tech policy,” Ifrah said in a press release. “We’re here to make sure innovators don’t just react to…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin is hovering near $95K, but the real action is shifting elsewhere. A shiny metal ball of near-limitless power is soon coming to transform your life if you live…
Crypto exchange MEXC has announced a $300 million ecosystem development fund aimed at supporting Web3 projects over the next five years. The initiative, unveiled at Token2049 in Dubai, is designed to support early-stage blockchain technologies, public chains, wallets, and decentralized tools critical to shaping the future of crypto infrastructure, according to a press release shared with Cointelegraph. Selection criteria for projects looking to participate in the initiative will be announced soon. “We are committed to strategic investment, focusing not just on exciting ideas and talented developers, but on initiatives with…
Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy. According to the April 30 announcement, the ETF will provide exposure to companies across seven business sectors, including Bitcoin mining firms, automotive companies, and energy. Some of the most notable firms in the ETF include Michael Saylor’s Strategy, mining company MARA, automotive manufacturer Tesla, BTC treasury company Metaplanet, and aerospace energy firm KULR Technology Group. Grayscale’s Bitcoin Adopters ETF highlights the growing trend of Bitcoin…
Key Notes KuCoin commits $2 billion to its new Trust Project. The initiative aims to boost crypto security and transparency. KuCoin expands into Thailand and eyes EU growth. Popular crypto exchange KuCoin has announced its latest initiative, the “Trust Project,” pledging $2 billion to improve security and transparency across the crypto ecosystem. The project is expected to drive ongoing accountability and foster greater confidence in the digital asset market. The digital assets exchange’s CEO, BC Wong, made this announcement at the TOKEN2049 Dubai, and disclosed that the aim of the…