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Swan Bitcoin delays IPO plan, announces shutdown of mining unit

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The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts.

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Coin Market

Bitcoin hovers near $74K as stocks rise despite US bond yield rebound

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Bitcoin traded in a narrow range as investors bought the dip in tech stocks and US bond yields climbed on high CPI inflation data.

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Bitcoin Covenants Part 5: MATT and OP_CHECKCONTRACTVERIFY — How Bitcoin could carry state across transactions

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OP_CCV embeds contract state directly into Taproot output keys and enforces valid state transitions onchain. This makes it possible to achieve stateful contracts and compact fraud proofs.

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Paraguay bank collapse shows stablecoins can offer a lifeline… of sorts

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Ueno’s collapse exposed the fragility of digital banking in Paraguay, as customers scrambled for access to their money and stablecoins offered a lifeline.

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