Cointelegraph Bitcoin & Ethereum Blockchain News

Cointelegraph Bitcoin & Ethereum Blockchain News

How stablecoin-powered corporate cards are influencing global trade Integrating blockchain technology with traditional financial systems is transforming global trade, with stablecoins playing a central role. Corporate cards supported by stablecoins demonstrate this integration, allowing companies to use digital currencies for meeting everyday expenses.  Stablecoin-powered corporate cards convert stablecoins into local currencies at the point of…

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IMF Flags Concern Over Pakistan’s Bitcoin Mining Plan

IMF Flags Concern Over Pakistan’s Bitcoin Mining Plan

The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence data centers amid ongoing negotiations tied to the country’s extended financial program. The initiative, announced last week, is designed to attract autonomous miners, blockchain companies, and AI firms to Pakistan. However, the…

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Sui vote on $162M Cetus funds ignites decentralization debate in DeFi

Sui vote on $162M Cetus funds ignites decentralization debate in DeFi

A $200 million-plus exploit targeting Cetus, a decentralized exchange on the Sui network, has reignited debate over decentralization in blockchain protocols after Sui validators collectively froze $162 million of the stolen funds. Some decentralization advocates called foul, criticizing Sui validators’ ability to pause fund transfers on the blockchain as a sign of centralization. Other investors…

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