Bahrain’s Stablecoin Revolution: 1:1 Reserves and Sharia-Compliant Coins

Now, this is the first time Bahrain has clear regulations on stablecoins. The CBB intends to ensure that stablecoins are fully backed by real money. It hence demands that those who are issuing maintain a 1:1 reserve ratio. This implies that a stablecoin should be covered by an equivalent balance in money or quality liquid assets.

Banking on Thin Air đŸ€‘

This curious development, akin to a summer breeze on a winter’s night, has left many an observer agog with wonder. As the lawmakers of the land toil to impose order upon the unruly realm of stablecoins, AMINA has boldly taken the lead, like a brave pioneer charting unexplored territories. 🚀

NEAR Token’s Wild Ride: 10% Surge, Profit-Taking, and a Bit of Bitwise Magic 🚀💰

“The NEAR Staking ETP on Xetra opens a new bridge to NEAR for institutions by providing a regulated, exchange-traded way to earn staking rewards,” Illia Polosukhin told CoinDesk. “Investors can now dip their toes into the NEAR ecosystem and user-owned AI without the hassle of private keys or node operations, and with full price transparency. It’s like a VIP pass to the future, but with less tech jargon.” đŸ€“

Shiba Inu’s Wild Ride: How 100 Trillion Coins Just Made Crypto History 🐕🚀

As reported by the mysterious entities at IntoTheBlock (how Chekhov longed for data, any data!), approximately 100.54 trillion SHIB tokens now lie “in the money,” like so many rubles tucked under a mattress. This, at the time of writing, equates to about $1.16 billion—a princely sum, nearly enough to keep Aunt Sofya from complaining about her samovar collection.

Krispy Kreme Employees’ Data Stolen—But Don’t Worry, Your Donuts Are Still Safe đŸ©đŸ˜…

Krispy Kreme, purveyor of rings of fried joy, found itself in the kind of sticky situation usually reserved for fingers glazed with sugar—not sensitive information. Yes, friends, the alarm bells are sounding across America! Hackers have pilfered the digital doughnut box and helped themselves to 161,676 names, Social Security numbers, and, for good measure, a few squiggly sprinkles such as driver’s licenses and account passwords. You know—just enough to open a new bank account and maybe even get a driver’s license in Boston under the name “Mr. Glazed O. Donut.”

Spain Says “Hola” to OKX: Regulated Crypto Trading Leaves Flamenco, Takes the Floor!

Breaking out the MiCA passport (is it leather-bound? Embossed? We may never know), OKX executes its grand entrance from that well-known crypto haven, Malta. Now, thanks to those notoriously “stringent” EU rules—no wild west, only mildly wild—we have transparency, reliability, and a blizzard of paperwork. This is less another product launch and more a dramatic overture: a connection between Spanish wallets and the ever-sparkling universe of digital assets. Bravo, one might say, if one were awake.