IOG announced a significant upgrade to Cardano’s consensus protocol in a blog post published on April 11, 2025. The new protocol, called Ouroboros Peras, will replace the current Ouroboros Praos system and dramatically accelerate transaction settlement times on the Cardano blockchain. This improvement will reduce transaction finality from the current timeframe to approximately two minutes.
Author: Desk
Bank of America has launched a lobbying campaign aimed at influencing Congress to pass legislation that would give traditional banks an advantage in the stablecoin market. The financial giant, valued at $284 billion and classified as a Global Systemically Important Bank (G-SIB), is specifically targeting regulations that would limit non-banking institutions’ ability to create and…
A historic partnership between LIQI and XDC Network has elevated Brazil into one of the most visible markets for tokenized real-world assets (RWA). XDC Network provides the robust blockchain infrastructure necessary for the institutional market. They are based in Singapore and supports RWA tokenization in multiple markets.
The Bank for International Settlements (BIS), often called the central bank of central banks, has released a paper examining financial stability risks posed by cryptocurrencies and decentralized finance (DeFi). The study concludes that crypto markets have “reached critical mass” despite still having limited connections to traditional finance (TradFi). However, these links are growing through Bitcoin…
Osman Kabaloev, a Deputy Director at the Russian Finance Ministry, has proposed that Russia develop its own stablecoin to facilitate international trade payments while navigating around sanctions. The suggestion comes after Tether recently froze $28.5 million belonging to sanctioned Russian crypto exchange Garantex, forcing the platform to suspend operations, as western sanctions continue to limit…
Digital Currency Group CEO Barry Silbert admitted that holding onto his early Bitcoin purchases would have yielded better returns than his investments in crypto startups. During an April 17 appearance on the Journey Man podcast with Raoul Pal, Silbert revealed he first bought Bitcoin at $7-$8 per coin in 2011 before using his BTC to…
Solana’s price jumped more than 4% on Thursday, outpacing the broader cryptocurrency market as the CoinDesk 20 index rose only about 3%. Technical analysis reveals that SOL has established a critical support zone between $125-$127, which has successfully rejected multiple downside attempts, while facing resistance at the $133.50-$133.60 level.
The recent OM collapse at MANTRA has left the community confused. In a series of instant drops, $5.5 billion was erased. According to several analyses, the incident was caused by one trader manipulating two exchanges. This whole incident highlights the fragility of many token projects. Despite an ostensibly huge market cap, a comparatively tiny amount of liquidity triggered a complete collapse. Exploring the OM Crash When MANTRA’s OM token collapsed earlier this week, it left a huge number of unanswered questions. It sparked allegations of foul play, and rumors of insider activity have dogged the company since. According to a new analysis, the initial trigger of the OM crash was a single trader: “This was due to an entity(s) on Binance perpetuals market. That’s what triggered the entire cascade. The initial drop below $5 was triggered by a ~1 million USD short position being market sold. This caused over 5% of slippage in literal microseconds. That was the trigger. This seems intentional to me. They knew what
Despite regulatory hurdles and listing concerns, a new report from TokenInsight shows that Binance is comfortably leading the CEX market. Increasing competition from MEXC and Bitget saw Binance’s market share drop 1%, but it still dominates more than one-third of the CEX trades. The firm dominates in every metric that the report examined, from market share to public notoriety. It leads both in spot and derivatives trading volume and maintains the most stable ratio between the two of any CEX. Binance is Winning the CEX Race By a Mile Binance suffered a few setbacks in this period, but it still comfortably leads the CEX market in a few key areas. Its token listings are not performing like they used to, prompting community backlash, and its potential ties with the Trump family are also raising concerns. However, the exchange had a strong Q1 2025, as its trading volume continued to dominate one-third of the CEX market. “Binance maintained its market-leading position in both quarters, with a trading volume of $9.9
The European Central Bank (ECB) cut interest rates by another 25 basis points today, but the crypto market has hardly noticed. This highlights the European market’s declining influence over the crypto sector compared to the US. Meanwhile, the crypto community is praying for rate cuts in the US, and false tariff rumors caused a massive pump. These policies still matter, but Europe is losing its macro influence. The ECB Cuts Rates To Crypto Ambivalence Global recession fears are circulating throughout the crypto market, and regulation plays a key role in them. US investors have been desperate for a rate cut in the hopes that it could provide a bullish narrative. None has yet materialized. However, the ECB cut interest rates today for the sixth consecutive time, yet the crypto market barely reacted. “The outlook for growth has deteriorated owing to rising trade tensions. Increased uncertainty is likely to reduce confidence among households and firms, and the adverse and volatile market response to the trade tens