Crypto money

Phala Greenlights Full Ethereum L2 Switch, Exits Polkadot Parachain

Phala approved a full migration from the Polkadot parachain to its Ethereum L2. The team set the start before November 20. PHA token holders...

OKX founder promises change after token turmoil

In the unforgiving crypto jungle, OKX is scrambling to shake off some serious heat from its own community. The drama? A mix of murky...

Bank of France Demands ESMA Control, Tightens MiCA Stablecoin Rules

The Bank of France wants ESMA to directly supervise major crypto firms under MiCA and to restrict stablecoin multi-issuance. Governor François Villeroy de Galhau...

Uganda CBDC Backed by Treasury Bonds Launches as Kenya Crypto Bill Nears Law

Uganda CBDC pilot is live on a permissioned blockchain run by the Global Settlement Network (GSN). The Uganda CBDC mirrors the Ugandan shilling and...

Canary’s Litecoin, HBAR ETFs Hit “Go-Time” Status as Shutdown Stalls SEC Action

Canary Capital’s Litecoin ETF and HBAR ETF moved to final S-1 stages, with fees and tickers in place. Analysts, including Eric Balchunas, described the...

AFL-CIO says Senate crypto bill lacks safeguards for workers and pensions

The AFL-CIO criticized the Senate crypto bill, the Responsible Financial Innovation Act (RFIA), for lacking worker protections. In a letter, the AFL-CIO urged the...

UAE’s Digital Dirham and crypto moves win IMF applause

The IMF just walked into the UAE’s monetary living room and gave a thumbs-up to their shiny new Digital Dirham project. The IMF crew,...

Brutal math: S&P 500 trails Bitcoin by 88% since 2020

The S&P 500 has surged in dollar terms since 2020. Yet the S&P 500 fell about 88% when measured in Bitcoin. This frames a...

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