Indonesia Introduces Bullion Banking to Stabilize Foreign Exchange
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The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this bullion initiative could “help save the country’s foreign exchange.” Indonesia Launches Bullion Banking, Aims to Include Gold Savers Into the Country’s Formal System Indonesia is launching formal bullion-based banking, joining […]

Uniswap Wallet Integrates Transak Off-Ramp for Global Crypto-to-Fiat Conversions
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Uniswap Wallet has introduced off-ramp capabilities through a deepened partnership with Web3 payments provider Transak, enabling users worldwide to convert cryptocurrencies to fiat currencies directly within the app. Uniswap and Transak Expand Partnership The integration, announced Feb. 26 and effective Feb. 27, allows users to sell assets like ethereum (ETH) and stablecoins into local currencies […]

Bitcoin Price Clings to $84K Ahead of High-Stakes Weekend
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As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday’s opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration. Futures Expiry and Political Winds Fuel Speculation At […]

Ethereum Foundation Allocates $2M to Boost Academic Blockchain Research
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The Ethereum Foundation has announced $2 million in grants for Ethereum-related academic research, with proposals due by March 16, 2025. Ethereum Foundation Launches Third Annual Academic Grants Round The Ethereum Foundation is offering $2 million in grants to support academic research related to Ethereum, with applications accepted until 23:59 AoE on March 16, 2025. This […]

Bittensor Introduces $25M Onchain Coverage to Protect Network Participants
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Bittensor, a decentralized artificial intelligence (AI) protocol, has joined forces with digital asset insurer Native to unveil a $25 million onchain insurance program for its network users. $25M Onchain Coverage Now Available for Bittensor Stakers Designed by Native in partnership with Team Rizzo, a top-tier validator on Bittensor, the coverage combats smart contract vulnerabilities—from coding […]

Bitcoin Miner MARA Sees Revenue Soar 69% in 2024
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MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA’s Block Wins Rise 25% Bitcoin miner and publicly listed firm MARA (Nasdaq: MARA) said it registered a record-high revenue of $214.4 million in the fourth quarter of 2024, up 37% from $156.8 million […]

$63M Investment Fuels Raise’s Blockchain-Powered Smart Cards
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Raise, a Chicago-based gift card marketplace, secured $63 million in funding led by Haun Ventures and backed by Paypal to expand its blockchain-based Smart Cards system, the company announced this week. Paypal-Backed Raise Raises $63M; Aims to Revolutionize Gift Cards via Blockchain The funding round, which included Accel, New Enterprise Associates and others, brings Raise’s […]