Argentine President Javier Milei’s crypto-friendly party has won the midterm election, positioning him as a leading contender for the October 2027 presidential race and bolstering his continued push for free-market policies. Milei’s La Libertad Avanza party obtained 40.68% of nearly 99% of votes counted to secure the victory over the Peronist party, according to local … Read more
A new Bitcoin improvement proposal for a soft fork, created by core developer Luke Dashjr, has sparked outrage on X over a section that some claim is threatening legal consequences for those who reject the fork. The proposal, published on Friday, is the latest salvo in the recent Bitcoin Core vs Knots debate, which revolves … Read more
One of Iran’s largest private banks has fallen into bankruptcy, with the assets of more than 42 million customers being absorbed by the Iranian state-owned lender, Bank Melli. Ayandeh Bank declared bankruptcy on Thursday after it accumulated $5.1 billion in losses and nearly $3 billion in debt, local media outlet Iran International reported on Friday. The bankruptcy … Read more
One of Iran’s largest private banks has fallen into bankruptcy, with the assets of more than 42 million customers being absorbed by the Iranian state-owned lender, Bank Melli. Ayandeh Bank declared bankruptcy on Thursday after it accumulated $5.1 billion in losses and nearly $3 billion in debt, local media outlet Iran International reported on Friday. The bankruptcy … Read more
One of Iran’s largest private banks has fallen into bankruptcy, with the assets of more than 42 million customers being absorbed by the Iranian state-owned lender, Bank Melli. Ayandeh Bank declared bankruptcy on Thursday after it accumulated $5.1 billion in losses and nearly $3 billion in debt, local media outlet Iran International reported on Friday. The bankruptcy … Read more
Privacy-focused cryptocurrency Zcash has surged 30% in the last 24 hours after crypto entrepreneur Arthur Hayes predicted the token would eventually reach $10,000. Zcash rallied from $272 to a peak of $355 in the hours after Hayes’s “vibe check” post on X on Sunday with the bullish prediction, outperforming all other top 50 tokens by … Read more
Financial services company Western Union is set to pilot a stablecoin-based settlement system to modernize its remittance operations for its more than 150 million customers. During Western Union’s third-quarter earnings call on Thursday, CEO Devin McGranahan said the pilot is “focused on leveraging onchain settlement rails to reduce dependency on legacy correspondent banking systems, shorten … Read more
Financial services company Western Union is set to pilot a stablecoin-based settlement system to modernize its remittance operations for its more than 150 million customers. During Western Union’s third-quarter earnings call on Thursday, CEO Devin McGranahan said the pilot is “focused on leveraging onchain settlement rails to reduce dependency on legacy correspondent banking systems, shorten … Read more
Today in crypto, US Treasury Scott Bessent signals trade framework deal reached, CZ’s pardon by Trump followed a lobbying push that included $450,000 to Trump-linked lobbyists, and Kyrgyzstan launches a stablecoin and confirms CBDC rollout with the help of Changpeng Zhao. US Treasury secretary Scott Bessent signals trade deal framework between the US and China … Read more
Today in crypto, US Treasury Scott Bessent signals trade framework deal reached, CZ’s pardon by Trump followed a lobbying push that included $450,000 to Trump-linked lobbyists, and Kyrgyzstan launches a stablecoin and confirms CBDC rollout with the help of Changpeng Zhao. US Treasury secretary Scott Bessent signals trade deal framework between the US and China … Read more