News Bytes – 5

Circle Launches SDK to Simplify USDC Stablecoin Integration for Businesses

Circle Launches SDK to Simplify USDC Stablecoin Integration for Businesses

Circle has announced the launch of USDCKit, a developer-friendly software development kit (SDK) designed to simplify the integration and automation of USDC transactions for businesses of all sizes. This new tool aims to streamline stablecoin payment infrastructure, which has traditionally been complex and burdensome due to custom development and compliance requirements. It provides pre-built, intuitive […]

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Binance Introduces Euro Deposits via Apple Pay and Google Pay

Binance Introduces Euro Deposits via Apple Pay and Google Pay

Binance has recently announced that users can now deposit euros (EUR) using Apple Pay or Google Pay, providing a seamless and secure method to fund their accounts. This feature is currently available through the Binance mobile app, either in Lite or Pro versions. Users are required to complete identity verification if they haven’t done so

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Deutsche Bank Warns of Significant De-Dollarization Risks Among US Allies

Deutsche Bank Warns of Significant De-Dollarization Risks Among US Allies

Deutsche Bank has issued a warning regarding the potential risks to the U.S. dollar’s status as a global reserve currency, citing concerns over the reliability of the Federal Reserve’s liquidity backstop, particularly its dollar swap lines. In light of informal discussions among European central banking officials about the Fed’s commitment to providing support during market

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Bitlayer Integrates BitVM Bridge With Xverse Wallet to Advance Bitcoin DeFi

Bitlayer Integrates BitVM Bridge With Xverse Wallet to Advance Bitcoin DeFi

Bitlayer has announced the integration of the BitVM Bridge with Xverse Wallet, a bitcoin wallet that supports customizable Bitcoin testnet configurations. This collaboration allows users to access the trust-minimized BitVM Bridge seamlessly through the Xverse Wallet, enhancing the adoption of BitVM technology in the Bitcoin decentralized finance (DeFi) space. As a member of the BitVM

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Netflix’s The Seven Deadly Sins NFT Collection Launches in Partnership With Sony

Netflix’s The Seven Deadly Sins NFT Collection Launches in Partnership With Sony

Sony is expanding its Web3 strategy by partnering with Yoake to launch officially licensed digital collectibles from one of Netflix’s top-performing anime series, The Seven Deadly Sins, which has sold over 55 million copies worldwide. This collaboration marks the first mainstream anime intellectual property to utilize Sony’s blockchain infrastructure through its platform, Soneium. The initial

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Geopolitical Shifts May Be Leading US to Establish Strategic Bitcoin Reserve and Boost Gold Holdings

Geopolitical Shifts May Be Leading US to Establish Strategic Bitcoin Reserve and Boost Gold Holdings

Matthew Pines, Executive Director at the Bitcoin Policy Institute, has addressed concerns about the fracturing global financial system and the reliability of U.S. Federal Reserve dollar swap lines. He notes that European banks are heavily reliant on dollar funding, with 17% of their financing in dollars, and highlights a shift in the U.S. Treasury market,

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Utila Secures  Million to Enhance Digital Asset Operations With Stablecoins and MPC Wallets

Utila Secures $18 Million to Enhance Digital Asset Operations With Stablecoins and MPC Wallets

Utila has announced the successful completion of an $18 million Series A funding round, led by Nyca Partners, to enhance its institutional digital asset operations platform. The company, which has processed $35 billion in digital asset transactions over the past 18 months, aims to scale its global operations and expand research and development efforts with

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Turkish Lira Hits Record Low Against the Dollar Amid Arrest of Opposition Leader

Turkish Lira Hits Record Low Against the Dollar Amid Arrest of Opposition Leader

The Turkish lira has fallen to a record low against the U.S. dollar, trading at 40.96 before recovering slightly to 38.74, following the surprise arrest of Istanbul Mayor Ekrem Imamoglu. The country’s benchmark stock index, the BIST 100, dropped by as much as 7% in response to the news, which has raised concerns about political

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Metaplanet Acquires Additional 150 Bitcoin, Total Holdings Reach 3,200

Metaplanet Acquires Additional 150 Bitcoin, Total Holdings Reach 3,200

Tokyo Stock Exchange-listed company Metaplanet Inc. has announced the acquisition of an additional 150 BTC as part of its ongoing Bitcoin Treasury operations, bringing its total bitcoin holdings to 3,200. The latest purchase was made at an average price of approximately $83,706 (12,526,226 yen) per bitcoin, totaling approximately $12.53 million (1.879 billion yen). The company

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