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Linera Launches Babbage Testnet

2025.04.18 13:40:16

On April 18th, Linera made an announcement regarding the commencement of the Babbage testnet. This testnet represents the next phase in the evolution of the Linera protocol, which is specifically tailored for real-time and user-centric blockchain applications. The release includes the provision of a development toolkit along with protocol upgrades.
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Coinbase Adds Infinex (INX) to its Listing Roadmap

On January 29, Coinbase added Infinex (INX) to its listing roadmap.

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Tom Lee: Fidelity Stablecoin FIDD Set to Launch, Ethereum is the Future of Finance

On January 29, BitMine Chairman Tom Lee noted that major financial institutions are racing to launch tokenized financial products on Ethereum—most recently Fidelity’s stablecoin FIDD—positioning Ethereum as the future of finance. Today, Fidelity announced it will launch its stablecoin FIDD on Ethereum, compliant with the U.S. GENIUS regulatory framework. The stablecoin’s reserves include cash, cash equivalents, and short-term U.S. government securities, supporting 24/7 institutional settlement and on-chain retail payments. Fidelity will disclose issuance and reserve data daily and undergo regular third-party audits.

32 minutes ago

SEC Chairman: To Discuss Regulatory Coordination in the Crypto Space with CFTC Tomorrow

On January 29, SEC Chairman Paul Atkins announced he will join CFTC Chairman Mike Selig for a joint public event this Thursday at 2 p.m. EST to discuss regulatory coordination in the crypto space. Previously, Atkins noted the two agencies will collaborate to advance President Trump’s commitment to “make America the global capital of cryptocurrency.” The event will be held at CFTC headquarters, open to the public, and streamed live simultaneously online.

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The UK regulatory body has removed Coinbase ads over 'irresponsible' concerns

On Wednesday, January 29, the UK’s Advertising Standards Authority (ASA) criticized a Coinbase video ad and three posters that have been running in London’s tube and train stations since August. Thirty-five complainants told the ASA the ads were irresponsible, downplayed cryptocurrency risks, and implied Coinbase could solve people’s financial problems. The video ad showed common life struggles—like high living costs and unemployment—suggesting Coinbase is an alternative to traditional finance and can tackle life’s challenges and financial issues.

32 minutes ago

Bridgewater Founder Expresses Strong Dollar View, Yen-Gold Retreats Short Term

**Jan 28 (Bitget Market Brief) —** U.S. Treasury Secretary Janet Yellen reaffirmed the U.S.’s longstanding strong dollar policy on Monday, noting Washington will not intervene in forex markets to prop up the yen. She also projected a narrowing U.S. trade deficit will lift the dollar. On equities, Yellen highlighted the S&P 500 Index breaking above 7,000 points for the first time today, crediting effective current growth-focused policies as a key driver. **Key Market Moves (via Bitget):** - USD/JPY plunged, snapping the yen’s three-day winning streak. - U.S. Dollar Index (DXY) climbed to 96.4, up 0.65% in 24 hours. - Spot gold extended a short-term decline, last trading at $5,277 per ounce.

32 minutes ago

Coinbase to List Moonbirds (BIRB) Perpetual Contract Trading

Update (January 28): Coinbase will launch Moonbird (BIRB) Perpetual Futures trading on January 29. The BIRB-PERP market will go live at 00:30 or later, subject to liquidity conditions.

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