News list for "Initial application"

According to market news, Eigen Labs will launch Ethereum re-pledge protocol EigenCloud, which received $70 million from a16z.

Malaysia has launched the Digital Asset Innovation Hub programme, which will act as a regulatory sandbox to enable fintech and digital asset companies to test new technologies under the supervision of the country's central bank. Prime Minister Anwar Ibrahim announced the initiative at the Sasana 2025 Symposium in Kuala Lumpur on Tuesday. He described the hub as the "start of a new chapter" in Malaysia's digital economy. Ibrahim detailed that the sandbox will allow programmable payments, ringgit-...

Former OpenAI employee Joey Bertschler announced the creation of cryptocurrency payroll distribution platform Volante Chain at the German Blockchain and artificial intelligence Week, which has received $2 million in private investment. The platform uses blockchain technology to implement same-day payroll settlement, and is currently conducting MVP stage tests in Vietnam and Japan, covering thousands of users.

Bo Hines, White House policy adviser on digital assets, said in a post that he hoped to see the final passage of the GENIUS Stablecoin Act, a landmark piece of legislation that would: upgrade our payment channels for the digital age; establish US dominance in digital asset innovation; preserve the dollar's status as the world's reserve currency; provide regulatory clarity for stablecoins; and provide Americans with faster, cheaper and more reliable transactions. The future of finance has arrived...

Starknet announced that the stake migration is now complete, the staking operation has resumed, and the block proof and commission adjustment functions are now live on the mainnet. This upgrade improves the economics of STRK staking and brings greater transparency to validator behavior: allowing the principal to evaluate and compare the validator's active level and reliability before participating in the Starknet consensus in the future (with the goal of EOY). The implementation of the v2 versio...

According to on-chain analyst @ai_9684xtpa monitoring, due to the short-term decline of BTC, trader AguilaTrades' multi-order position has turned profit to loss. 2 minutes ago, he raised 5 million USDC from Bybit again, and then recharged into Hyperliquid as a margin. In the past 15 minutes, he has reduced his position by 632.64 BTC, reducing his 20 times BTC multiple position to $350 million. The current opening price is $106014.20, and the clearing price is $100650, with a floating loss of $1....

Israeli Defense Minister Katz said in a statement today (June 17) that the Israeli army has "destroyed the central area of Iran's Natanz nuclear facility" and plans to destroy all infrastructure of Iran's nuclear program. Israel will continue to target Iran's military leadership, nuclear program and missile systems. Katz also said that the Israeli army plans to attack "important targets" in Tehran tonight local time and that Israel will "respond to any attempt to restart Iran's nuclear program".

Eric Golden, founder and CEO of Canopy Capital, discussed the current state of cryptocurrencies, bitcoin price trends, and the future development of stablecoins in an interview with CNBC. He emphasized that stablecoins will become the primary transaction mechanism for all payments.

According to Bitcoin Magazine, the Thai cabinet has approved a five-year personal income tax exemption for profits from cryptocurrency sales.

Ubyx, a stablecoin startup founded by former Citigroup executive Tony McLaughlin, completed a $10 million seed round led by Galaxy Ventures, with participation from Founders Fund, Coinbase Ventures, Paxos, and VanEck. The company is dedicated to building a clearing system that connects stablecoin issuers with banks and fintech companies to address interoperability issues in payment scenarios.

According to the official announcement, Binance is expected to suspend the token deposit and withdrawal business of the THORChain (RUNE) network at 02:00 on June 18, 2025 (East 8th District time) to support its network upgrade. The project will upgrade the network at block height of 21,574,000 (estimated 03:00 East 8th District time on June 18, 2025).

The Luxembourg Ministry of Finance has used the HSBC Orion DLT platform to issue 50 million euros of digital government bonds. The bonds will be listed on the Luxembourg Stock Exchange using zero coupon notes, sold at a 99.03% discount to face value, but redeemable at face value after six months. This is the second European country to issue bonds using DLT technology, following Slovenia's issuance of 30 million Eurobonds last July. One of the biggest advantages of DLT is its faster and more effi...