Cardano to Launch Hard Fork Before Next Major Development Phase

IOHK, the development team behind public blockchain project Cardano, said it is set to launch a hard fork in December as part of the transition to the third development phase of the protocol. Dubbed “Goguen,” the third phase will be focused on the protocol’s integration of smart…

Spain’s Second-Largest Bank Will Soon Launch Crypto Services

BBVA, the second-largest bank in Spain, with about $840 billion in assets, is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans.

The Spanish bank will begin its crypto offering out of Switzerland, said a source. Switzerland has relatively comprehensive rules around digital assets, set out by the country’s Financial Market Supervisory Authority (FINMA).

One source with knowledge of the plans told CoinDesk that BBVA is “launching its Europe-wide crypto initiative from Switzerland.”

Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On

From news.bitcoin.com

The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows. According to the data, USDT now accounts for an estimated at 80% of total supply, and the majority of the coins are now issued on the Ethereum and Tron networks.

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