Wyoming's state-issued stablecoin, FRNT, has integrated Chainlink Proof of Reserve to provide automated, on-chain verification of its asset backing. This move enhances transparency by allowing third parties to independently confirm that the token's reserves match its circulating supply, which remains below 1 million units, indicating an early or controlled rollout. The adoption of this technology aims to build trust and credibility in the stablecoin by ensuring reserve transparency before wider distribution. This step aligns with Wyoming's broader efforts to establish robust digital asset infrastructure amid evolving U.S. regulatory landscapes for digital banking and stablecoins.
Litecoin (LTC) surged 7.17% within an hour, rising from $61.92 to $66.36 on Binance's LTC/USDT spot market on Sept. 23. This sharp price increase coincided with $170,000 worth of short liquidations across Binance, Bybit, and OKX, while no long liquid...
Ethereum Classic (ETC) experienced a sharp price increase of 4.72% within one hour, rising from $8.68 to $9.09 as of late September 23. This notable move occurred without any recorded liquidations on major exchanges Binance, Bybit, and OKX, indicatin...
Fortitude Mining Holdings has increased its credit facility from $26 million to $50 million to accelerate its expansion in Zcash mining. The company plans to purchase 9,000 Bitmain Antminer Z15 Pro ASIC miners and expand its data centers and power in...
Binance will suspend deposits and withdrawals of Injective (INJ) starting at 10 a.m. ET on September 24 to support a network upgrade and hard fork scheduled at block height 184,394,000. The upgrade is expected to complete by 11 a.m. ET, during which ...
Bitget has introduced a new USDT-settled perpetual contract linked to Polymarket's IPO pre-market activity. This derivative product allows traders to use up to 20x leverage and is available for trading 24/7. The contract uses USDT for settlement, mak...
