Bermuda is pioneering a fully blockchain-based national economy through partnerships with Circle, Coinbase, and Stellar. The Bermuda Monetary Authority distributed $100 in USDC stablecoins to citizens in a pilot program, enabling real-world crypto transactions. The government will start accepting digital currency for services, beginning with the motor vehicle department, while developing the Bermuda Digital Dollar stablecoin on Stellar's blockchain. Legal reforms are underway to support smart contracts and blockchain assets, aiming to reduce transaction costs and modernize the economy.
Stellar aims to implement a proposal by Q1 2027 to fund user rewards using transaction fees it already collects, rather than issuing new tokens. This plan, currently under discussion, would link rewards to on-chain activity and account balances, bene...
Stellar Network announced a significant overhaul of its XLM tokenomics, aiming to increase token value and reduce supply. The plan involves using existing network transaction fees to reward users and holders, encouraging holding and on-chain activity...
Stellar Lumens (XLM) experienced a sharp decline of 3.40% within one hour, falling to $0.1449 on Binance's spot market. Over the past 24 hours, XLM dropped nearly 4%, reflecting broader selling pressure. During this period, $780,000 worth of long pos...
Lumens (XLM) futures open interest recently changed from about $94 million to $88 million, then rose slightly to $89.5 million. The positive funding rate was 0.0011%. The key event is the upcoming Bell upgrade for Stellar's protocol, which passed a t...
Bitcoin price remained under $76,000 during Sunday trading after a nearly 3% drop over the past week, pressured by $1.28 billion in withdrawals from U.S. spot Bitcoin ETFs and ongoing selling in altcoins like NEAR, Bitcoin Cash, and Stellar. Despite ...
