Ripple Eyes $20B Circle Takeover
Ripple’s M&A appetite is ballooning almost as fast as the stablecoin market it hopes to dominate. Bloomberg sources say the San Francisco‑based payments company has quietly upped its offer for Circle Internet Financial—issuer of USDC—from an initial $5 billion to north of $20 billion. If consummated, the deal would hand Ripple the keys to the industry’s second‑largest stablecoin […]
Google Wallet Rolls Out Zero‑Knowledge Age Checks
Google just too a decisive step toward mainstreaming privacy‑preserving cryptography. In a Wednesday update, the tech giant revealed that Google Wallet now supports zero‑knowledge proofs (ZKPs) for age verification, letting users confirm they’re over 18 without disclosing their name, birth date or any other identifying detail. The feature debuts in the United Kingdom and across an […]
Kuwait Pulls Plug on Crypto Mining
For years, Kuwait’s ultralow power prices—about $0.029 per kWh—made the desert state a sleeper paradise for proof‑of‑work miners. What began as hobby rigs humming in hot apartments soon grew into warehouse‑scale farms, drawing a steady stream of ASICs from China and Russia after those nations clamped down.Yet on 1 May, Kuwait’s Ministry of Interior flipped the script, sending inspection […]
Kazakhstan Plans Regulated Crypto Banks
Kazakhstan’s government is drafting legislation that could turn the country’s fledgling digital-asset hub into a full-scale banking laboratory for crypto. Prime Minister Olzhas Bektenov told lawmakers on Apr. 25 that the next round of amendments to the Digital Assets Law will open the door for “crypto banks”— regulated institutions authorised to custody, exchange and settle […]
US-Ukraine Minerals Pact Fuels Post-War Rebuild
When Treasury Secretary Scott Bessent and Ukraine’s First Deputy Prime Minister Yulia Svyrydenko put pen to paper in Washington this week, they did more than sign another bilateral memorandum. They unlocked a roadmap that could both bankroll Kyiv’s post-war recovery and recalibrate the global supply chain for critical minerals. Under the minerals-for-aid accord, the United […]
Base Hits Vitalik’s Stage-1 Decentralization Milestone
Base, the Ethereum layer-2 chain incubated by Coinbase, has crossed a symbolic but concrete threshold in its march toward trust-minimized scaling. In a blog post on April 29, the team confirmed that live fault-proof circuits and a newly minted, multi-jurisdictional Security Council have propelled the network into what Vitalik Buterin defines as “Stage 1 Decentralization.” […]
Mastercard Embraces Stablecoins for Global Settlements
Mastercard has taken its most decisive step yet into digital assets, announcing it will let merchants settle card payments in regulated stablecoins such as Circle’s USDC and Paxos’s USDP. The update, revealed on April 29, positions the 60-year-old network at the heart of a fast-forming bridge between traditional finance and on-chain money. Under the new […]
Ethereum Foundation Reshapes Governance and Strategy
The organization that funds and coordinates the second-largest blockchain just rewired its chain of command. In a move designed to sharpen execution and restore the network’s competitive edge, the Ethereum Foundation announced on Apr. 28 that it has split its board of directors from day-to-day management. The board—anchored by co-founder Vitalik Buterin, Foundation president Aya […]
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