Observers.com

Is Qubic doing the right thing here?

Bribing the Chain: How Qubic Shook Monero Monero, the leading privacy coin, suffered an 18-block reorg after Qubic consolidated large mining power. Debate rages: Qubic claims 51% control; Monero devs deny widescale damage. Exchanges raised confirmations. The episode shows PoW chains can be threatened by economic incentives

Crypto Spring: SEC Abandons Coinbase Case, Signaling the End of Its Crypto Crackdown The SEC has agreed to dismiss its lawsuit against Coinbase, marking a major shift in its punitive approach to crypto regulation. The case, filed in June 2023, accused Coinbase of operating as an unregistered exchange.

Not Quite Ethereum 3.0: Justin Drake Wants to Change Ethereum’s Consensus Layer The Ethereum Foundation aims to roll out several major upgrades over the next few years to improve Ethereum’s consensus layer. Developed five years ago, the current consensus no longer aligns with today’s realities and needs updating.

While other countries work on CBDC, U.S. might get its digital dollar in a completely different way

USDC Stablecoin Issuer Is Breaking Boundaries With Digital Dollar And IPO Plans USDC's Circle has been making bold moves at home and abroad to secure the SEC's approval of its IPO. The combination of the digital dollar and going public strategy means this major stablecoin issuer introduces a new paradigm to money technology - a public seigniorage.

PayPal is struggling to get people to use its stablecoin, PYUSD, and is now offering extra rewards to try and make it more attractive!

Learn more:

🔗 https://www.observers.com/paypal-pushes-its-stablecoin-incentivizes-holding/

PayPal Pushes Its Stablecoin, Incentivizes Holding Despite PayPal’s dominant position in the payments business, its stablecoin project, PYUSD, has stalled. Numerous integrations have not managed to attract users. The company is now subsidizing the stablecoin’s yield on DeFi platforms. Can this become a standard feature of private money?