Regulation
Canadian Election Bill Advances With Cryptocurrency Donation Restrictions Intact
Canada’s proposed legislation to prohibit digital asset contributions to political campaigns moved forward on Friday after successfully passing its second parliamentary reading. The Strong and Free Elections Act, formally designated as Bill C-25, will now proceed to committee review for more detailed examination. The legislation represents a significant shift in how Canadian election financing will...
International B2B Transactions to Dominate Stablecoin Usage, Reaching $5T by 2035
Stablecoins are poised to become the backbone of global business payments, with cross-border business-to-business transactions projected to account for the overwhelming majority of stablecoin activity within the next decade, according to new research from Juniper Research. The research firm forecasts that international B2B payments will represent a staggering 85% of total stablecoin transaction volume by...
Bitcoin’s Recent Gains Face Fragility Amid Weak Trading Activity, Analyst Warns
Bitcoin’s latest upward momentum may be more precarious than it appears, according to analysis from Markus Thielen, who leads research at 10x Research. The concern centers on unusually light market participation accompanying the price appreciation, suggesting the rally lacks the robust foundation typically needed for sustained growth. Thielen’s assessment highlights two critical vulnerabilities in the...
Solana Core Teams Rally Around Falcon Signatures to Counter Quantum Computing Risks
Solana’s infrastructure is gearing up for the quantum computing era as two leading development teams have converged on a unified defense strategy. Anza and Firedancer, the latter backed by Jump Crypto, are both implementing Falcon—an advanced cryptographic signature scheme designed to withstand attacks from quantum computers. The coordinated approach marks a significant milestone for the...
MARA Holdings Launches Foundation to Address Bitcoin’s Quantum Computing Vulnerabilities
MARA Holdings is establishing a new foundation focused on protecting Bitcoin from potential quantum computing threats while strengthening overall network security, according to an announcement made by CEO Fred Thiel during the Bitcoin Conference in Las Vegas. Thiel emphasized that the long-term viability of Bitcoin cannot be taken for granted, signaling a proactive approach to...
Legacy Remittance Giant Western Union Plans Stablecoin and Crypto Payment Card
Western Union, the money transfer company with roots stretching back to 1851, is preparing to enter the digital asset space with its own stablecoin designed for cross-border payments that bypass traditional banking rails like SWIFT, according to CEO Devin McGranahan. The move represents a significant pivot for the remittance veteran as it adapts to blockchain-based...
Major Crypto Players Rally With Multi-Million Dollar Bailout Initiative Following Aave Protocol Exploit
Leading figures across the cryptocurrency sector are mobilizing significant capital to support affected users of Aave following a major security breach that has rocked the decentralized finance ecosystem. The relief effort has attracted hundreds of millions in commitments from prominent industry players seeking to restore confidence in DeFi protocols. What began as a targeted assistance...