1. Fidelity Investments Explores Launch of Dollar-Pegged Stablecoin
Fidelity Investments is testing its own stablecoin, reflecting the growing mainstream interest in cryptocurrencies. The firm is currently evaluating the feasibility of a dollar-pegged digital asset but has no immediate plans for a public release.
2. Ethereum 2.0 Upgrade to Improve Network Scalability and Reduce Energy Use
Ethereumβs long-awaited upgrade, known as Ethereum 2.0, is now officially live. This upgrade focuses on increasing scalability and significantly reducing the energy consumption of the network by switching from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism.
3. βSantaβ Handyman Accused in $1M Armed Home Invasion of Crypto Millionaire
Brett Carmichael, a 39-year-old handyman from the Gold Coast, has been denied bail after being accused of participating in a home invasion targeting a cryptocurrency millionaire. Disguised with fake beards, the alleged perpetrators reportedly stole $1 million in cryptocurrency, luxury watches, and cash.
Stay tuned for more updates in the dynamic world of cryptocurrencies.
