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BDACS Launches Won-Backed Stablecoin, After PoC With Woori Bank


BDACS announced the launch of KRW1, a South Korean won-backed stablecoin, following a proof of concept that validated its technical design. BDACS Targets Payments and Public Disbursements With KRW1 Stablecoin KRW1 is trademarked by BDACS and issued on the Avalanche (AVAX) blockchain. The company...

Altcoin Season Roars: $108B Rally Turns September Into a Chart-Busting Fiesta


On Thursday, Sept. 18, fresh off the U.S. Federal Reserve’s rate trim, the Altcoin Season Index (ASI) strutted confidently in the altcoin season lane for the eighth day in a row. The crypto economy clocked a 2.62% daily lift, with altcoins stealing the spotlight in dazzling fashion. Altcoin Season...

Bitcoin Climbs to $117K After Fed’s Rate Cut


The U.S. central bank cut its target for the federal funds rate by 25 basis points on Wednesday for the first time this year. BTC Hits $117K Following Fed Interest Rate Decision Many were left puzzled when bitcoin ( BTC) dipped to $115K almost immediately after the U.S. Federal Reserve finally...

BNB Surges to All-Time High as Crypto Market Reacts to Fed Decision


Following the Federal Reserve’s recent interest rate cut, the crypto market rallied, with BNB outperforming other major altcoins by reaching a new all-time high. Fed Rate Cut Spurs Crypto Market The U.S. Federal Reserve‘s decision on Sept. 17 to cut interest rates by 25 basis points appeared...

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