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Polkadot Proposes dotUSD Stablecoin With $5M Treasury Funding

Polkadot proposes a $5 million treasury plan for dotUSD, with DOT holders voting on its native stablecoin launch and future backing. Polkadot is considering launching a native stablecoin called dotUSD through its OpenGov governance system. If approved, the proposal will consume approximately $5 million of the network’s treasury. The proposal...

SGX Wins CFTC Approval for Bitcoin, Ethereum Futures: What’s Next for Prices?

SGX now lets U.S. traders directly access Bitcoin and Ethereum perpetual futures after winning CFTC approval under Regulation 48.10. The Singapore Exchange has received approval from the U.S. Commodity Futures Trading Commission to give American institutions direct access to its Bitcoin and Ether perpetual futures.  The green light comes under...

Consensys Splits Into MetaMask and Infrastructure Firms as Crypto Finance Expands

MetaMask becomes independent as Consensys focuses on institutional blockchain, tokenization, and Ethereum infrastructure. Consensys Software Inc. will split into two independent companies, separating MetaMask from its institutional blockchain operations. Under the restructuring, Consensys Software will rebrand as MetaMask and focus on consumer finance products. Reports suggest Joe Lubin will serve...