Bitcoin ETFs recorded their second-largest outflow on record with a stunning $870 million exit, while Ether ETFs shed another $260 million. Solana was the lone bright spot once again, managing a modest but positive inflow. Bitcoin ETFs Record Second-Largest Outflow Ever There are days when the crypto market feels like a steady tide. Then there […]
A draft introduced in the Brazilian Congress seeks to void the recently issued stablecoin rules, arguing they represent regulatory overreach by the central bank. The proposal also accuses the bank of effectively creating new taxes by classifying stablecoin movements as equivalent to foreign-currency transactions. New Draft Law States Brazil’s Central Bank Exceeded Its Authority With […]
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Federal Reserve Governor Stephen Miran described stablecoins as innovative tools that could provide users in jurisdictions with limited access to dollar assets. Miran estimates stablecoins could help satisfy about $3 trillion of foreign demand for dollar assets in the coming years. Fed’s Miran: Stablecoins Might Prop up Demand for Dollar Assets Globally The Facts Stephen […]
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Global LDS patent Patent available here: https://patents.google.com/patent/US12001334B2 It’s a radiating fabric paradigm. Does nearest neighbour searches first, then propagates out to other CUs further out. The patent is old so likely major tweaks since then (LDS instead of L0 etc…). But the … docs.google.com
Ecash, a cryptocurrency focused on payments, is on the verge of implementing Avalanche pre-consensus, a new development that brings almost instant finality to transactions using Ecash’s Nakamoto/Avalanche hybrid consensus. The development marks a milestone for Ecash, as it is the first time this has been implemented by a proof-of-work network. XEC Ready to Launch Avalanche […]
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Bitcoin tumbled to a six-month low of $95,919 in the early hours of Nov. 14, a move seemingly triggered by a $870 million net outflow from spot BTC ETFs the previous day. Market Impact and Liquidations In the early hours of Nov. 14, bitcoin ( BTC) briefly tumbled to $95,919, marking its lowest price point […]