Donald Trump stopped at a local bar before heading to New York for a campaign rally and became the first US president to conduct a transaction using Bitcoin.

Do you look ahead to the upcoming U.S. presidential election and think about the political turmoil ahead and feel like democracy might be in trouble? A group of tech entrepreneurs backed by big money from Silicon Valley feel the same way.

After the mainnet was launched, Aleo failed to gain community recognition, and instead was filled with doubts on social media, especially from miners. Many users said on social media that this was another failed case of a rising star turning into a failure.

Solana Breakpoint Conference Highlights: What Benefits Are There?

The U.S. Securities and Exchange Commission has approved asset management company BlackRock to list and trade Bitcoin spot ETF options on the Nasdaq, with the trading code "IBIT".

BlackRock, ETF, market, BTC, US SEC approves BlackRock Bitcoin ETF options: A historic moment has arrived Golden Finance, October is the last carnival of this year, and everything has just begun.

VanEck analysts theorized that party policies are favorable to the cryptocurrency industry, emphasizing that Trump’s influence on the crypto ecosystem could lead to growth in the crypto industry.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics.

Bitcoin hit a three-week high on Friday as global stock markets rose as the Federal Reserve's aggressive interest rate cut had a ripple effect on the market.

The U.S. Federal Reserve (Fed) announced on Wednesday that it would cut its benchmark interest rate by 50 basis points to a range of 4.75%-5%, the first rate cut since 2020. The move marks the end of the Fed's nearly two-year tightening cycle.

BlackRock enters crypto, backing USDM stablecoin for global finance expansion source: https://coinpaprika.com/news/blackrock-boosts-global-crypto-market-with-usdm-stablecoin-partnership

According to Foresight News, Mehen Finance, a Cardano ecosystem stablecoin issuance protocol, is set to launch its fiat-backed stablecoin USDM in April for retail users. USDM is a fiat-backed stablecoin pegged 1:1 to the US dollar. Previously, it was introduced to institutional users on March 17.

Cardano's new USDM stablecoin, developed by Mehen Finance, is slated for a retail rollout in April. source: https://forkast.news/cardanos-usdm-stablecoin-set-for-april-retail-launch/

Mehen Finance, the entity behind the USDM stablecoin on Cardano’s blockchain, is gearing up for a public retail rollout slated for April. The stablecoin officially debuted on Cardano’s network on March 17 and is currently accessible solely to institutional users. Matthew Plomin, founding partner of Mehen Finance, disclosed plans for the forthcoming retail rollout during […] source: https://www.cryptopolitan.com/innovative-stablecoin-launches-with-unique/

A new dollar-backed stablecoin has launched on the Cardano (ADA) mainnet. The financial firm Mehen launched the USDM stablecoin over the weekend, noting that institutional users would spend a day or two onboarding the asset. The issuer says the stablecoin will “slowly be arriving on-chain” this week. Mehen says each USDM is backed 1:1 by […] source: https://dailyhodl.com/2024/03/19/usdm-stablecoin-goes-live-on-cardano-ada-mainnet-issuer-looking-for-institutional-minters-of-fiat-backed-crypto/

S&P Global Ratings has released its ninth stablecoin stability assessment report, which rated Mountain Protocol’s stablecoin USDM with a rating of three points, giving it an “adequate” rating. It is reported that S&P Global Ratings evaluates multiple aspects of stablecoins, including credit risk, market risk, custody risk, reserves, the robustness of the clearing mechanism and available over-collateralization, as well as governance, regulatory framework and third-party dependence. A score of 1 means "very strong" and a score of 5 means "weak". (TheBlock)

더블록에 따르면 S&P 글로벌 계열사인 S&P 글로벌 레이팅스(S&P Global Ratings)가 스테이블코인 안정성 평가 보고서를 발표, 마운틴 프로토콜(Mountain Protocol)의 USDM에 대해 적절(Adequate)하다고 평가했다. S&P 글로벌 레이팅스는 시장 리스크, 준비금, 청산 매커니즘의 견고성, 거버넌스, 규제 프레임워크, 타사 종속성 등을 고려해 스테이블코인에 등급(매우강함 1등급, 약함 5등급)을 부여한다. USDM는 적절함 단계인 3등급을 부여받았으며, 앞서 보고서에서 USDC는 2등급(강함)을, USDT와 DAI는 4등급(제한적)으로 평가됐다.

According to PANews, S&P Global Ratings has released its ninth stablecoin stability assessment report, focusing on Mountain Protocol's stablecoin USDM. The assessment evaluates the stablecoin's ability to maintain its peg, with USDM receiving a rating of 3, achieving an 'adequate' rating. S&P Global Ratings assesses various aspects of stablecoins, including credit risk, market risk, custody risk, reserve funds, robustness of clearing mechanisms, and available over-collateralization. Other factors, such as governance, regulatory framework, and third-party dependencies, are also considered. The company then assigns scores to these criteria, with 1 representing 'very strong' and 5 representing 'weak'. Previously assessed stablecoins include USDC with a score of 2 (strong), Tether with a score of 4 (limited), and DAI with a score of 4 (limited).

Mehen Finance, the developer of Cardano’s ecological stablecoin USDM, announced that it will launch USDM to retail investors next month. USDM was officially launched on Cardano on March 17, but is currently only available to institutional users. It is reported that USDM’s model is similar to other stablecoins supported by fiat currencies, but has features to prevent over-minting. Its reserves are reported via the Cardano network’s Charli3 oracle, ensuring real-time and transparent transfers. Although USDM cannot be frozen on-chain, Mehen holds its reserves in government money market mutual funds from Fidelity and Western Asset Management. Already licensed in 17 U.S. states, Mehen plans to apply for money transmission and virtual asset service provider licenses in Europe and the United Kingdom later this year. Additionally, Mehen plans to make its initial investment through an equity crowdfunding (which will be conducted on the crowdfunding platform ChainRaise) rather than a token sale. (Cointelegraph)

レイヤー1ブロックチェーンのカルダノで、初の1対1で法定通貨ペッグのステーブルコインUSDMがデビューする。このステーブルコインは、テザー（USDT）やサークル（USDC）が支配する1460億ドル規模のステーブルコイン市場での新規参入者となる。 source: https://jp.cointelegraph.com/news/cardano-blockchain-launch-fiat-backed-stablecoin-usdm