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BitcoinWorld Sui Network Processes $65 Billion in Stablecoin Transfers in Six Days The Sui network has recorded $65 billion in stablecoin transfers over a six-day period, according to data reported by Cointelegraph. The figure underscores a sharp increase in on-chain activity for the Layer-1 blockchain, which has been gaining traction among decentralized finance (DeFi) protocols …

BitcoinWorld UK think tank CEO calls Michael Saylor’s STRC promotion dishonest, warns of hidden risks A prominent UK-based Bitcoin policy think tank has accused MicroStrategy founder Michael Saylor of misleading investors by downplaying the risks associated with the company’s perpetual preferred stock, known as STRC. Susie Ward, CEO of Bitcoin Policy UK, described Saylor’s promotional …

BitcoinWorld KPMG retracts AI report after hallucinations surface in claims about organizations Professional services giant KPMG has withdrawn a widely circulated report on artificial intelligence after multiple organizations named in the document disputed its accuracy, with independent researchers attributing the errors to AI hallucinations. Report on agentic AI pulled after fact-checking reveals inaccuracies The report, …

BitcoinWorld Stader Labs Ends MaticX Operations, Sets Final Redemption Timeline for MATIC Holders Stader Labs has officially announced the discontinuation of MaticX, its liquid staking token (LST) designed for the Polygon network. Effective immediately, new deposits for MaticX have been halted, and the token has entered a claim-only phase, signaling the beginning of a structured …