Author: 行政
KuCoin Pay expands crypto payments to Bangladesh, Mexico, and Zambia. Platform links stablecoins with local banks and mobile money rails. KuCoin targets real-world crypto use in high-growth emerging markets. KuCoin Pay, the cryptocurrency payment platform developed by KuCoin, has expanded its transfer-based payment capabilities across Bangladesh, Mexico, and Zambia. The move aims to connect digital assets with widely used local payment systems in high-growth markets. The rollout integrates cryptocurrencies and stablecoins with established banking and payment networks across the three markets. These include the bKash and Nagad mobile payment platforms in Bangladesh, SPEI-compatible bank transfer routes in Mexico, and…
Key takeaways The Ethereum Foundation has reduced its workforce by 20% following the completion of a major reorganization. ETH is up by 1% and is now trading above $1,650. The Ethereum Foundation (EF) has completed a broad organizational restructuring that includes reducing its workforce by approximately 20%, affecting 54 employees across multiple teams. In a blog post published Tuesday, the Foundation said the changes conclude a months-long reorganization process tied to the implementation of its updated mandate and treasury management strategy. Ethereum Foundation introduces new organizational structure As part of the overhaul, the EF has reorganized its operations into five…
On June 23, the US Treasury sanctioned nine individuals and 26 entities linked to the Prince Group transnational criminal organization and proposed expanding its Huione Group rule to include H-Pay Service PLC and any successor entity, tying both actions to Southeast Asia scam networks that cost Americans at least $10 billion in 2024.OPSeC, announced by the DeFi Education Fund in partnership with Security Alliance (SEAL) and Asymmetric Research, frames itself as the credible internal answer to that convergence.The same day, OPSeC went public with a pledge to harden the industry’s protocols, signing practices, and infrastructure.In Washington’s legislative vocabulary, crypto fraud,…
Key takeaways Risk sentiment across financial markets remained fragile following conflicting statements from US and Iranian officials. XRP risks dropping below $1.0 if the bearish trend persists. Ripple’s XRP remained under pressure on Wednesday, trading below $1.10 and maintaining a broader bearish outlook. The remittance-focused cryptocurrency failed to extend an early-week recovery attempt as investors reacted to renewed geopolitical uncertainty surrounding negotiations between the United States and Iran. Mixed US-Iran signals fuel market uncertainty Risk sentiment across financial markets remained fragile following conflicting statements from US and Iranian officials after the first round of peace negotiations held in Switzerland. US…
Senate Democrats are seeking hearings into a reported US$500 million (AU$710 million) UAE-backed investment in World Liberty Financial, a crypto venture linked to the Trump family. Lawmakers are examining whether the investment and subsequent US policy decisions involving AI chip exports to the UAE could present conflicts of interest or national security concerns. Donald Trump has denied involvement in the transaction, saying he was unaware of the investment and does not participate in the company’s daily operations. Senate Democrats are pressing Republican leaders to hold hearings into reported financial links between the Trump family’s crypto venture, World Liberty Financial (WLFI),…
The Ethereum Foundation has cut roughly 20% of its workforce and slashed its budget by roughly 40% as part of a broad reorganization, even as the blockchain it helps steward has seen its highest-ever levels of user activity and is attracting deeper participation from major financial institutions.On June 23, the nonprofit revealed that it dismissed 54 employees following a months-long review of its structure, spending, and long-term responsibilities.Speaking on this move, Vitalik Buterin, Ethereum co-founder, said:I respect my EF colleagues far too much to pretend that there was not much that is lost. They are brilliant people. They are dedicated…
Project Pangea brings together Chainlink, banking groups and digital asset firms from Europe and South Korea to explore blockchain-based FX settlement. The initiative will test direct atomic swaps between euro- and won-backed stablecoins using existing banking infrastructure and blockchain technology. Participants are evaluating whether stablecoins can help improve efficiency in cross-border settlement within the US$9.6 trillion (AU$13.92 trillion) daily FX market. Chainlink has partnered with banking and digital asset organisations from Europe and South Korea to launch Project Pangea, a collaborative initiative examining stablecoin-based foreign exchange settlement. The project includes FairSquareLab, UniKA and Qivalis and brings together more than 50…
Ethereum co-founder Vitalik Buterin said the Ethereum Foundation will cut its budget by roughly 40% and move to a long-term endowment model. The restructuring eliminates 54 roles, about 20% of the workforce, and reorganises remaining work into five divisions spanning protocol, access, users, community and institutional adoption. The Foundation aims to lower annual spending from about 15% of its treasury to around 5% after 2030, prioritising specialised client teams, formal verification and zero-knowledge research. Ethereum (ETH) co-founder Vitalik Buterin said the Ethereum Foundation will reduce its budget by roughly 40% and shift toward a leaner, endowment-style model, in a restructuring…
Bitcoin tested a two-week low near US$62,000 (AU$89,280) on Tuesday, down about 4%, as investors retreated from risk assets across global markets. Ether, XRP and Solana each fell at least 5%, while the Nasdaq slid and semiconductor stocks led equity losses, with Micron and SanDisk down 12% and 13%. The retreat followed a hawkish signal from new Federal Reserve Chair Kevin Warsh, whose pared-back policy statement pushed traders to price in more rate hikes. Bitcoin (BTC) tested a two-week low near US$62,000 (AU$89,280) on Tuesday, falling about 4% over the day, as a sharp selloff in technology stocks pulled risk…
Swell, a liquid staking and restaking protocol, is shutting down its Ethereum Layer 2 chain after deciding that slower restaking growth and cheaper Ethereum transactions had weakened the case for keeping it alive.The project told users to bridge assets off Swellchain by June 23 or risk leaving funds on a chain they may not be able to recover. The warning, posted by Swell on X on June 16 and echoed on its homepage, pushed the shutdown beyond a roadmap update and into a live user-recovery problem.Swell had already announced in April that it would shut down Swellchain, its Optimism Superchain…