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The UK government under Prime Minister Keir Starmer has announced plans to introduce a mandatory digital ID system for all citizens and residents seeking employment. Addressing the audience at the Global Progress Action Summit, Starmer announced:
“You will not be able to work in the United Kingdom if you do not have a digital ID. It’s as simple as that.”
The UK’s digital ID: Starmer’s ‘enormous...
The odds of a U.S. government shutdown have reached an all-time high on Polymarket, at 82% that lawmakers will fail to pass the necessary funding by the October deadline. As bipartisan talks stall and key meetings are canceled by President Trump, both parties appear unwilling to budge. The stalemate is turning up the risk of prolonged disruption across government services.
What a U.S. government...
Bitcoin’s spot price movement throughout the third quarter of 2025 and its recent dip align closely with the cycle structure seen in 2017.
Throughout the summer, Bitcoin oscillated in a consolidation range between $100,000 and $115,000, forming a technical base at $107,000 while market momentum mirrored the 2017 correction and subsequent rally.
Bitcoin has held above major support with spot...
Plasma’s XPL token posted a 113% recovery to $1.54 within hours of crashing from $0.93 to $0.7218 following its Sept. 25 mainnet launch.
The initial crash likely resulted from selling pressure as users who received network airdrops liquidated their positions.
Overcoming sell pressure
According to reports on X, users received a minimum of 9,304 XPL tokens through the distribution program, creating...
China has launched a new operations center in Shanghai dedicated to advancing the digital yuan.
The People’s Bank of China announced the opening on Sept. 25, describing it as a step to expand the digital yuan’s role in global finance. The center will focus on cross-border payments, blockchain services, and digital asset platforms.
According to Xinhua News Agency, the hub includes a cross-border...
BlackRock’s Global Allocation Fund increased its holdings in the firm’s spot Bitcoin ETF (IBIT) by 38.4% during the second quarter, according to a Sept. 26 SEC filing.
As of July 31, the diversified fund held 1,000,808 IBIT shares valued at $66.4 million, up from 723,332 shares on Apr. 30.
The addition of 277,476 shares represents the fund’s return to Bitcoin allocation after reducing exposure...
Swift has chosen Consensys-developed Linea to pilot its transition from traditional interbank messaging to blockchain-based communications, according to a Sept. 26 report by The Big Whale.
A source familiar with the matter said the global banking consortium selected the Ethereum layer-2 network after months of negotiations to test how interbank on-chain messaging can replace its current...
SoftBank and Ark Invest have entered early discussions to participate in Tether’s largest external capital raise, according to a Sept. 26 Bloomberg News report.
The stablecoin issuer seeks between $15 billion and $20 billion in exchange for approximately 3% equity through a private placement. The fundraising could value Tether at $500 billion, positioning it among the most valuable private...
A network of crypto wallets connected to Russian state-linked entities helped move more than $8 billion in digital assets to bypass Western sanctions, according to a Sept. 26 report from blockchain analytics firm Elliptic.
The findings draw from a trove of recently leaked data exposing how sanctioned Russian businesses relied on stablecoins—particularly Tether’s USDT—to sustain cross-border trade...
Ethereum’s developers have approved a plan to lift the network’s gas limit to 60 million during the impending Fusaka upgrade.
On Sept. 25, Ethereum Foundation contributor Tim Beiko confirmed that the decision was reached during the All Core Devs Execution (ACDE) #221 call.
He also revealed that Fusaka’s testnet activations will begin in October, with a mainnet release expected soon after. Notably...