European Central Bank eyes digital Euro to counter Trump’s stablecoin push
In response to U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks. ECB board member Piero Cipollone expressed concerns to Reuters that the U.S. initiative could attract customers away from European banks, underscoring the urgency […]
Bitcoin miners tap billions in funding to counter energy challenges
Bitcoin mining firms are turning to billions in fresh funding as high energy prices squeeze profits. Facing soaring energy costs, Bitcoin (BTC) miners in the U.S. are building war chests worth billions as competition for resources intensifies and profitability following Bitcoin’s latest halving remains under pressure, the Financial Times reports. Companies like Marathon Digital, Riot […]
Aave launches proposal to counter MakerDAO DAI expansion risk
Aave proposes DAI risk changes to counter MakerDAO’s expansion. MakerDAO prepares for “Endgame” transformation in DeFi lending. Source link
