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The United Kingdom is weighing measures that could compel Apple to provide access to some iCloud data, raising a precise question for crypto users who keep wallets on iPhones and Macs.If device backups and common file stores lose end-to-end protections in the UK, seed phrases and private key material can more easily move from a user’s device into locations where lawful process, or a Technical Capability Notice, can reach them.UK authorities issued a renewed Technical Capability Notice to Apple focused on iCloud access for UK accounts. Apple has not commented on that order.The Home Office has not commented on individual…

Part of the project’s long-planned post-FTX comeback, the token will have 20% of its circulating supply allocated to former Mercurial stakeholders.Meteora, a decentralized liquidity protocol, has unveiled tokenomics for its upcoming token, MET. The MET token generation event (TGE), scheduled for Oct. 23, is part of the team’s broader “Phoenix Rising Plan,” marking what it describes as a clean start after its rebrand from Mercurial, a long-planned move made to distance itself from the collapse of FTX.In a blog post on Tuesday, Oct. 7, the Meteora team unveiled its so-called “Liquidity Generation Event,” which turns all early supporters and partners…

The U.S. state of North Dakota is joining the stablecoin trend, with state-owned Bank of North Dakota teaming up with payments infrastructure giant Fiserv (FI) to launch a U.S. dollar-backed token aimed at financial institutions across the state.The token, dubbed “Roughrider Coin,” is expected to roll out next year and will run on Fiserv’s digital asset platform and plug into its white-label FIUSD system, a stablecoin network designed for regulated banking environments.The token is aimed to “increase bank-to-bank transactions, encourage global money movement and drive merchant adoption,” the firms said in a press release.The news follows Fiserv’s June entrance with…

PANews reported on October 8th that Bloomberg News reported that North Dakota plans to launch a stablecoin, “Roughrider Coin,” in 2026. The state may become the second US state to issue a state-level stablecoin, following Wyoming. The stablecoin will reportedly be fully backed by US dollars and initially used for financial transactions such as loan originations, overnight borrowing, and construction financing between banks and credit unions within the state. The issuance will be led by the Bank of North Dakota and partnered with Fiserv, which will leverage the technology platforms of Paxos and Circle.

Exploring the specific identification method in accounting provides a detailed insight into one of the key inventory valuation techniques used by businesses today. As companies seek accuracy in financial reporting, understanding the nuances of this method becomes essential. This article delves into the fundamentals, applications, comparisons with other methods, benefits, and challenges associated with the specific identification method. Understanding Specific Identification Method Basics The specific identification method in accounting is a precise inventory valuation technique that tracks each individual item in inventory. This method requires businesses to identify and assign costs to specific inventory items based on their acquisition or…

Square, the merchant services arm of Block Inc., has launched Square Bitcoin, a fully integrated BTC payment and wallet solution built directly into its commerce platform. Notably, the product allows local businesses to accept BTC payments at checkout, automatically convert part of their daily sales into Bitcoin. Simplifying Bitcoin for Everyday Businesses This rollout is part of Square’s biggest update to its food and beverage platform, which also includes AI tools, voice ordering, and delivery features. Meanwhile, the Bitcoin tools represent a major step toward founder Jack Dorsey’s goal of bringing decentralized finance to small businesses.- Advertisement – With this…

Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk.In this issue:BTCFi’s Big Problem: 77% of Bitcoin Holders Haven’t Even Tried It, Says SurveyEthereum’s Fusaka Upgrade Passes Holesky Test, Moves Closer To MainnetDoubleZero Mainnet Goes Live With 22% of Staked SOL on BoardBee Maps Raises $32M to Scale Solana-Powered Decentralized Mapping NetworkNetwork NewsBITCOIN HOLDERS HESITANT TO EXPLORE BTC DEFI : Bitcoin decentralized finance (DeFi), also known as BTCFi, has been touted as the next wave of innovation for the world’s largest cryptocurrency. However, research suggests bitcoin holders…

HBAR exhibited notable resilience in the 24-hour period between Oct. 7 and Oct. 8, climbing roughly 2% from session lows near $0.22 to settle around the same level. The token traded within a tight range, repeatedly testing support and resistance at $0.22. Despite a steep decline in trading volume—from 138.43 million to 19.74 million tokens—HBAR maintained a steady consolidation pattern, hinting at reduced short-term participation but a stable accumulation phase.Momentum built decisively during the final hour of trading, when HBAR broke out of its compressed formation between 13:12 and 14:11 UTC on October 8. After briefly retreating to an intraday…

ETH drops 4% to $4,500. Analysts flag key support levels, breakout patterns, and warning zones as traders watch for next move. Ethereum (ETH) is trading at around $4,500 after falling 4% in the past 24 hours. Despite the dip, analysts are watching as the price returns to a zone where buyers have previously shown interest. The current 7-day change is still positive, with ETH up 5% over the week. ETH/BTC Pullback May Offer Opportunity Michaël van de Poppe shared a weekly ETH/BTC chart showing a strong rally earlier this year. The pair moved up more than 140% from its…

Cryptocurrency exchange Coinbase said New York residents are now able to stake their assets following approval from state regulators.In a Wednesday blog post, Coinbase said its users could begin earning rewards from staking in Ether (ETH), Solana (SOL), and other assets. The company credited New York Governor Kathy Hochul for “embracing progress and providing clarity” leading to the approval, with plans to continue expanding staking services across the US.“This is a big win for New Yorkers, and a step toward ensuring every American has equal access to the future of finance,” said Coinbase. “But our work is not done. We…