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China-led CBDC project mBridge tops $55B in cross-border payments

The China-led mBridge project has successfully processed over $55 billion in cross-border payments, showcasing its growing influence in the digital currency space. mBridge, which involves collaboration among central banks from China, Hong Kong, Thailand, and the UAE, aims to enhance the efficiency of international transactions. The project utilizes a central bank digital currency (CBDC) framework to facilitate these payments. This milestone highlights the potential of CBDCs in transforming global payment systems and reducing reliance on traditional banking methods.

Read the full article: Coin Telegraph

Bitcoin briefly tops $74,000 as ether, sol, ada gains as much as 6% in Monday surge

Bitcoin briefly surpassed $74,000, marking a significant milestone in its price movement. Meanwhile, other cryptocurrencies such as Ethereum (ETH), Solana (SOL), and Cardano (ADA) experienced gains of up to 6% during the same surge. This upward trend in the crypto market reflects growing investor interest and optimism. The overall

Traders Flip Senate Control Bet as Democrats Overtake Republicans on Kalshi, Polymarket

Traders on prediction markets Kalshi and Polymarket have shifted their bets, now favoring Democrats to maintain control of the Senate over Republicans. This change comes as recent polling data indicates a stronger performance by Democratic candidates in key races. The odds on Kalshi reflect a 55% probability for Democrats retaining

XRP climbs 3% past $1.47 as breakout extends on broad bitcoin-led move

XRP has risen by 3% to surpass $1.47, driven by a broader market rally led by Bitcoin. This upward movement indicates a continuation of the recent breakout trend in the cryptocurrency market. Analysts suggest that the momentum could lead to further gains for XRP and other altcoins as investor

BlockFills Entities File Bankruptcy After Withdrawals Halted, Court Froze Bitcoin

BlockFills, a cryptocurrency trading platform, has filed for bankruptcy after halting withdrawals, prompting a court to freeze its Bitcoin assets. The company faced financial difficulties that led to the suspension of user withdrawals, raising concerns among investors. The bankruptcy filing aims to address the financial turmoil and manage the company&

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Bitcoin briefly tops $74,000 as ether, sol, ada gains as much as 6% in Monday surge

Traders Flip Senate Control Bet as Democrats Overtake Republicans on Kalshi, Polymarket

XRP climbs 3% past $1.47 as breakout extends on broad bitcoin-led move

BlockFills Entities File Bankruptcy After Withdrawals Halted, Court Froze Bitcoin