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.

Bitcoin halving excites HODLers, but not miners. How will the network thrive when mining rewards fade?

Who Will Drive Bitcoin Bus Without Miners? With low on-chain activity, the Bitcoin network may not be able to rely on transaction fees, which were supposed to be the main incentive for Bitcoin miners in the long term. What can replace mining incentives?

From scam hotbed to a social network

Pump Drops More Fun Pump.Fun token launchpad released its mobile versions moving closer to its goal of becoming a social app. The powerhouse of meme coins is as busy as ever, but mounting criticism is taking a toll on the chances of long-term success.

February will be a “crazy month”

Cardano Community Awaits Major Announcements Slated for February According to Charles Hoskinson, the founder of Cardano, February will be a “crazy month.”

Ethereum Raises Gas Limit: Will All Transactions Fit Now? The world's largest blockchain increases limits to allow more transactions in the block. Is this something driven by its short-term needs or a forward-looking strategy?

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.

deBridge Unveils $DBR with Airdrop to 491,000 Wallets The token represents an important step towards decentralization. It empowers token holders to make key decisions regarding the governance of the protocol.

Or maybe everyone understands it now?

Is Bitcoin Not Popular Anymore? Bitcoin hit its lowest search interest level on Google last week. The simplest reason—that it might be losing its popularity—is not the right one.

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.

Does Bitcoin need smart contracts?

Arch Network Wants to Bring Smart Contracts to Bitcoin The project seeks to introduce the first Bitcoin L2 solution that allows interaction with Bitcoin DeFi directly from users’ Bitcoin wallets.

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?