Blockchain Development
Blockchain Development

Blockchain Development

A blog that covers everything that's happening in crypto world.


Europe Says Goodbye to USDT and USDC Takes Over

22 Dec 2024 2 minute read 1 comment Talha.Khalid

As of December 30, the European Union will fully implement the Market in Cryptoassets Regulation (MiCA), leaving one of the most widely used stablecoins globally out of the game: USDT. This change opens the door to USDC and EURC, issued by Circle, co...

Tether to Launch AI Platform in 2025

22 Dec 2024 1 minute read 0 comments Talha.Khalid

USDT stablecoin issuer Tether has taken a firm step into the tech sector with the announcement of its artificial intelligence (AI) platform, scheduled to launch by the end of Q1 2025. The company's CEO, Paolo Ardoino, revealed through X that he alrea...

SEC Approves Combined Bitcoin and Ethereum Funds

21 Dec 2024 1 minute read 1 comment Talha.Khalid

The US Securities and Exchange Commission (SEC) has approved the first exchange-traded funds (ETFs) that combine bitcoin (BTC) and ether (ETH), Ethereum's native cryptocurrency, the two main digital assets on the market. The new financial products we...

After Powell's Rebuff: Can Trump Still Build a Bitcoin Reserve?

20 Dec 2024 4 minute read 0 comments Talha.Khalid

Statements by Federal Reserve Chairman Jerome Powell regarding the project to incorporate bitcoin (BTC) into the country's reserve assets have raised a number of questions regarding the steps that the Donald Trump administration will need to take to...

Germany Sold Bitcoin, But Deutsche Bank Is Launching Its Own Ethereum Layer 2

18 Dec 2024 1 minute read 1 comment Talha.Khalid

Deutsche Bank, Germany's largest bank, has revealed its Ethereum Layer 2, dubbed Project Dama 2, which is currently in the pilot phase. This tool offers cheaper and more efficient transactions. This layer 2 was built using ZKsync technology, and its...

Mining Over Buying: How One Company Chose to Beat the Bitcoin Price Tag

18 Dec 2024 2 minute read 0 comments Talha.Khalid

Gary A. Vecchiarelli, Chief Financial Officer ( CFO ) of Bitcoin (BTC) mining company CleanSpark, explained on December 17 that the company prefers to allocate resources to increase its mining capacity, rather than to buy BTC above $100,000.  Accordi...

Trump and BRICS Looming Tariff War

16 Dec 2024 3 minute read 0 comments Talha.Khalid

Faced with threats from Donald Trump to impose tariffs on countries that try to abandon the dollar for international trade, the deputy speaker of the Russian State Duma, Alexander Babakov, said that such an application was “unlikely”.   Trump issued...

MicroStrategy Snagged 15,300 Bitcoin Before the ATH of 106k

16 Dec 2024 1 minute read 0 comments Talha.Khalid

MicroStrategy, the company led by Michael Saylor, announced on Monday the acquisition of an additional 15,300 bitcoin (BTC) for its treasury. The purchase was made hours before BTC reached a new all-time high of USD 106,000. As reported by Saylor on...

Redefining Bitcoin: A Proposal to Shift the Way We Calculate BTC

15 Dec 2024 2 minute read 0 comments Talha.Khalid

A new Bitcoin Improvement Proposal (BIP) created by Bitcoin maximalist John Carvallo is underway with the goal of redefining the primary unit of account for bitcoin (BTC). This initiative proposes that the smallest indivisible unit, ‘1 satoshi’, be d...

If the SEC and CFTC Merge, Would it be Good for Bitcoin?

15 Dec 2024 3 minute read 0 comments Talha.Khalid

On December 13, 2024, John E. Deaton, former candidate for United States Senator, explained through his X account why the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission) should merge into a single entity. ...