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Kyrgyzstan’s Ministry of Finance releases details of gold-backed stablecoin USDKG to promote digital financial reform
Kyrgyzstan’s Ministry of Finance releases details of gold-backed stablecoin USDKG to promote digital financial reform
The Ministry of Finance of Kyrgyzstan announced the details of the gold stablecoin USDKG. USDKG will be strictly anchored to the physical gold reserves of the treasury, and each token will correspond to a certain amount of gold.
30 May 2025
Tether CEO: Holding 100,000 Bitcoins and 50 Tons of Gold, Pushing Stablecoin Diversification Strategy
Tether CEO: Holding 100,000 Bitcoins and 50 Tons of Gold, Pushing Stablecoin Diversification Strategy
Tether CEO revealed that the company currently holds more than 100,000 bitcoins and more than 50 tons of gold. Ardoino said: "Bitcoin is perfect, gold is imperfect." He emphasized that gold's competitor is not Bitcoin, but legal tender.
30 May 2025
Twenty One Capital Completes $100 Million Refinancing, Plans to Go Public as Bitcoin Reserve Company
Twenty One Capital Completes $100 Million Refinancing, Plans to Go Public as Bitcoin Reserve Company
Twenty One Capital recently raised another $100 million in convertible senior secured notes. The company is preparing to merge with Nasdaq-listed Cantor Equity Partners and plans to go public as Bitcoin Reserve.
30 May 2025
Vaulta and Fosun Wealth Holdings to build Hong Kong blockchain financial infrastructure project
Vaulta and Fosun Wealth Holdings to build Hong Kong blockchain financial infrastructure project
Vaulta (formerly EOS Network) announced a strategic partnership with Fosun Wealth Holdings, a subsidiary of Fosun International, to focus on the virtual asset platform "FinChain" launched by Fosun.
30 May 2025
Telegram raises $1.5 billion in bonds and reaches $300 million AI partnership with xAI
Telegram raises $1.5 billion in bonds and reaches $300 million AI partnership with xAI
Telegram reportedly plans to issue five-year bonds to raise $1.5 billion to repurchase debt issued in 2021 and due in March 2026.On the same day, Telegram announced a one-year strategic cooperation agreement with xAI.
29 May 2025
Bergen County, New Jersey, launches the largest real estate deed blockchain project in the United States
Bergen County, New Jersey, launches the largest real estate deed blockchain project in the United States
Recently, Bergen County, New Jersey, signed a five-year agreement with blockchain software company Balcony to migrate approximately 370,000 property deeds in the county to the Avalanche blockchain network, involving real estate assets with
29 May 2025
Introduction to blockchain
Introduction to blockchain
Blockchain is a decentralized database system that stores data securely and tamper-proof across multiple locations.Rather than a single entity controlling the database, blockchain uses a decentralized network of computers (also known as “no
29 May 2025
From oil fields to computing power: Saudi Arabia's roadmap to building an AI powerhouse, discussing cooperation with OpenAI and others
From oil fields to computing power: Saudi Arabia's roadmap to building an AI powerhouse, discussing cooperation with OpenAI and others
AI platform HUMAIN announced plans to set up a venture capital fund of up to $10 billion and develop data center capacity with a total value of $77 billion, aiming to consolidate its technological leadership in the Middle East.
29 May 2025
David Sacks, the White House's
David Sacks, the White House's "Crypto Tsar": Bitcoin, blockchain, and cryptocurrency will form the core of the future financial system
At the "Bitcoin 2025" conference, David Sacks, the White House's director of cryptocurrency and artificial intelligence policy and known as the "crypto czar", delivered an important speech, clearly stating that blockchain and Bitcoin will p
28 May 2025
Bitcoin 2025: Donald Trump Jr. talks about how his family went from skepticism to embracing cryptocurrency
Bitcoin 2025: Donald Trump Jr. talks about how his family went from skepticism to embracing cryptocurrency
At the Bitcoin 2025 conference held in Las Vegas this week, Donald Trump Jr. spoke publicly about his changing attitude towards cryptocurrency in a rare move, revealing the Trump family's gradual acceptance of blockchain technology.
28 May 2025