Token2049 delay, Ethereum Foundation mandate

In this week’s edition of the weekly recap, Token2049 organizers postponed the Dubai edition until 2027 citing safety concerns from escalating Iran-Israel-U.S. tensions, Robinhood reported February crypto notional volumes increased 9% to $25 billion and the Ethereum Foundation published a formal mandate establishing its role as steward of a censorship-resistant, privacy-first protocol. Summary Token2049 Dubai…

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Ex-JP Morgan and Dresdner Kleinwort traders launch crypto prop platform

Velotrade, a Hong Kong-based firm founded by former institutional derivatives traders from JPMorgan and Dresdner Kleinwort, has unveiled its funded trading platform that provides traders with capital while sharing profits based on performance, according to a Friday statement. Crypto proprietary trading is a model that allows traders to trade digital assets using capital provided by…

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99Bitcoins Exclusive: ECB Sounds Stablecoin Alarm; Eco CMO Says “The Cat Is Out of the Bag”

The European Central Bank has sounded the alarm on stablecoins, warning that dollar-pegged digital assets pose serious risks to eurozone banks and monetary sovereignty. As ECB stablecoin battle continues, in an exclusive chat with 99bitcoins.com, Jay Kurahashi-Sofue, CMO of stablecoin liquidity layer Eco, said, “At this point, the cat is out of the bag.” In…

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