Month: April 2025

JPMorgan Adds GBP Support to Its Blockchain Payments Service Kinexys

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JPMorgan (JPM) has added support for British pound-denominated accounts to its blockchain-based payments network Kinexys, as the bank targets a gap left by the stablecoin market’s overwhelming focus on the U.S. dollar. Launched in 2019 under the name JPM Coin, Kinexys allows corporate clients to move funds between JPMorgan accounts and settle foreign exchange trades … Read more

Visa Is Joining the Paxos, Robinhood Stablecoin Consortium: Sources

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Visa is joining the Global Dollar Network (USDG), a stablecoin consortium convened by U.S. regulated digital asset firm Paxos, alongside cryptocurrency and fintech heavyweights like Robinhood, Kraken and Galaxy Digital, according to two people familiar with the plans. Visa is the first traditional finance incumbent known to be joining USDG, whose initial cohort of members … Read more

Kava Labs’ Scott Stuart: Decentralized AI Delivers Real Value, Not NFT Style-Hype

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Artificial Intelligence tokens have long-term staying power and won’t be another crypto fad like non-fungible tokens (NFTs), even though the industry has already seen its share of flops, Kava Labs co-founder Scott Stuart said in an interview with CoinDesk. “We had this first AI wave, but that wave was projects like Fetch saying, ‘We’re going … Read more

Michael Saylor’s Strategy buys $285M Bitcoin amid market uncertainty

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Michael Saylor’s digital asset firm, Strategy, has purchased an additional 3,459 Bitcoin for $285.5 million, signaling continued confidence in Bitcoin even as global markets face trade-related headwinds. Strategy has acquired 3,459 Bitcoin (BTC) for $285.5 million at an average price of $82,618 per BTC. The purchase brings Strategy’s total Bitcoin holdings to 531,644 BTC, acquired … Read more

Bybit integrates Avalon through CeFi to DeFi bridge for Bitcoin yield

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Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users. According to an April 14 X Avalon Labs announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon explains that it will allow the platform’s users to earn yield … Read more

Bitcoin Faces ‘Cloud Resistance’ at $85K, Neutralizes Risk-Reward for Bulls: Godbole

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This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. In markets, securing the best entry point is often half the battle, as timing and level significantly influence success by skewing the risk-reward ratio in traders’ favor. While bitcoin’s (BTC) near-term outlook may appear constructive with increased demand for bullish … Read more

Crypto investment products nearly wipe 2025 gains as outflows hit $7.2B

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Digital asset exchange-traded products (ETPs) saw almost $800 million in outflows last week, marking their third consecutive week, according to a report from crypto asset manager CoinShares.  On April 14, CoinShares reported that crypto ETPs saw $795 million in outflows last week, with Bitcoin (BTC)-based products accounting for $751 million, while Ether (ETH) products followed … Read more

This Detective Game Helps Beginners Master SQL and Database Logic

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Like many developers, I’ve always found traditional SQL tutorials to be tedious. Abstract examples, and little motivation made it hard to stay engaged. As someone who appreciates storytelling, I wondered if there was a better way. Could gamification make learning SQL genuinely enjoyable? This thought inspired my recent project: SQL Noir, a web-based detective game … Read more

How to read a stablecoin attestation report and why it matters

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Key takeaways Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys. Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence. Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations … Read more

Mantra investors deny dumping OM token before crash despite evidence

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Blockchain analysts have identified large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, raising questions about insider activity and the stability of the project. Laser Digital, a strategic Mantra investor, reportedly cashed out large portions of Mantra (OM) tokens before the cryptocurrency collapsed on … Read more

Google to enforce MiCA rules for crypto ads in Europe starting April 23

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Google will begin enforcing stricter advertising policies for cryptocurrency services in Europe under the Markets in Crypto-Assets (MiCA) framework, the company said in a recent policy update. The move could be a “double-edged sword” for regulation that may prevent initial coin offering (ICO) frauds, but risks further enforcement gaps, according to legal advisers. Starting April … Read more

Samsung pauses One UI 7 rollout worldwide

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Galaxy S24 owners will have to wait a little longer to get Android 15. Samsung has, by all accounts, halted the rollout of its long-awaited One UI 7 update following the discovery of a bug that prevented some Galaxy S24 owners from unlocking their phones.  The pause was first reported by leaker and tipster Ice Universe, … Read more