Co-founder and new CEO Sandeep Nailwal opens up about dissolving Polygon’s board, closing zkEVM and why claiming sole leadership is the network’s best shot at relevance. Read More at https://cointelegraph.com/news/polygon-sandeep-nailwal-inside-decision?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Food fraud costs $50B yearly — Can blockchain stop it?
Blockchain has already played a role in protecting consumers against food fraud, but there are lessons to be learned before it starts to truly pay off. Read More at https://cointelegraph.com/news/blockchain-can-end-the-food-fraud-crisis-but-it-s-a-costly-battle?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The empire strikes out: Institutionalists failed to kill the stablecoin bill
Despite a relentless campaign from institutional powerbrokers like Senator Elizabeth Warren, the US Senate advanced the GENIUS Act, marking a watershed moment for stablecoin regulation and exposing the limits of establishment resistance. Read More at https://cointelegraph.com/news/institutionalists-stablecoin-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin eyes $105K pre-FOMC as Trump reveals Iran asked for dialogue
Trump offers light relief for Bitcoin price action while calling Fed Chair Jerome Powell a “stupid person” with interest-rate cut hopes absent. Read More at https://cointelegraph.com/news/bitcoin-eyes-105k-pre-fomc-trump-reveals-iran-asked-for-dialogue?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How a fake tweet from Paraguay pushed Bitcoin to $110K
A fake post from the Paraguayan president’s X account claimed Bitcoin was now legal tender, triggering a sharp 4% price spike. Read More at https://cointelegraph.com/explained/how-a-fake-tweet-from-paraguay-pushed-bitcoin-to-110k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle’s USDC to become eligible collateral for US futures trading
USDC, a US dollar-pegged stablecoin by Circle and Coinbase, is set to become a collateral for US futures trading as part of a joint effort by Coinbase Derivatives and Nodal Clear. Read More at https://cointelegraph.com/news/coinbase-nodal-circle-usdc-eligible-collateral-us-futures?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Senate passes GENIUS stablecoin bill amid concerns over systemic risk
The US Senate voted to pass the GENIUS Act, a bill regulating stablecoins, but observers believe lawmakers may have ignored stability concerns in Treasury markets. Read More at https://cointelegraph.com/news/senate-genius-stablecoin-bill-concerns-systemic-risk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pi Network migration problems: Users report KYC, 2FA and balance errors
As Pi Network prepares for its June 28 mainnet migration, several users are facing KYC failures and wallet errors, raising concerns about the platform’s readiness for open blockchain adoption. Read More at https://cointelegraph.com/explained/pi-network-migration-problems-users-report-kyc-2fa-and-balance-errors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Norwegian crypto firm K33 raising more funds to buy up to 1,000 BTC
Norwegian crypto broker K33 is raising at least 85 million Swedish krona ($8.9 million) through a share issue for its plan to purchase up to 1,000 Bitcoin for its treasury. Read More at https://cointelegraph.com/news/norwegian-crypto-firm-k33-raising-more-funds-to-buy-up-to-1-000-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pudgy Penguins debuts play-to-win game on TON
Telegram mini-games reached a zenith in 2024, but the TON blockchain still averages over 2.1 million active wallets. Read More at https://cointelegraph.com/news/pudgy-penguins-debuts-play-to-win-game-ton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound