Coinbase's cbBTC is backed at a 1:1 ratio with Bitcoin, which serves as the underlying asset for the tokenized BTC wrapper.
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Bitcoin price strength extends to AVAX, SUI, TAO and AAVE — Are altcoins back?
Bitcoin's rally to $64,000 increased traders' interest in altcoins like AVAX, SUI, TAO and AAVE.
Kamala Harris leading in 4 of 6 swing states on Polymarket
According to the current Polymarket odds, 77% of participants believe Vice President Kamala Harris is favored to win the popular vote.
Bitcoin weekly RSI sparks 'intermediate' $85K BTC price target
Bitcoin fields increasingly bullish market prognoses, but a trader argues that more evidence of a BTC price trend change is needed.
Diamond hands Ethereum holder makes $131.7M in 2 years
An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy.
Is Bitcoin set for 400% gains against gold? Veteran analyst weighs in
Bitcoin could grow by over 400% versus gold in the coming months, according to a technical setup shared by seasoned analyst Peter Brandt.
African economies show high potential for digital asset adoption
South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR.
IMF staff propose REDI framework to catalyze CBDC adoption
IMF staff members have introduced a high-level four-stage framework emphasizing regulation, education, design and incentives to enhance CBDC adoption.
Crypto PR exec relishes ‘skepticism’ around crypto marketing
Serotonin CEO Amanda Cassatt highlighted that marketing is “a mechanism for perpetrating the fakery and the scams.”
US judge slaps $36M fine on man for 5-year crypto investor fraud
The court order demands approximately 85% of the significant fine to be paid back to victims of William Koo Ichioka’s fraudulent scheme.
Trump buys burgers with BTC, Arthur Hayes skeptical on rate cut, and more: Hodler’s Digest, Sept. 15 – 21
Donald Trump becomes the first former United States president to use crypto in a transaction, Arthur Hayes thoughts on rate cut: Hodler’s Digest
Three-Mile Island nuclear site reopening to power AI
The site was ground zero for a partial nuclear meltdown in 1979, which affected a separate unit and caused nearby areas to evacuate.
Bitcoin is pinned below $65K but several market structure-altering factors are at play
Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory.
Coinbase's cbBTC wrapped Bitcoin coming to Solana — Breakpoint 2024
Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.
Indian Supreme Court recovers YouTube account from XRP scammers
XRP scammers hacked the Supreme Court of India’s YouTube account, and although it was recovered, it lost its subscriber base.
Crypto lender Shezmu recovers hacked funds through negotiation
Shezmu recovered nearly $5 million in stolen crypto through negotiations with a hacker and agreed to a higher bounty.
AI may lead to inflationary pressures: Bank of Canada
Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short term.
Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity
President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation.
Powerledger integrates with Solana mainnet ecosystem
Powerledger’s co-founder John Bulich believes the expansion emphasizes “that sustainability is a common goal that transcends ecosystems.”
Crypto firms cannot naively trust engineers with code, warns Exodus CEO
Exodus CEO JP Richardson says the firm’s security team reviews all engineers' code to prevent malicious actions.
Crypto wallets will evolve into 'filing cabinets' by 2030: Crypto exec
Reown CEO Jess Houlgrave believes crypto wallets will transition into a “collection of wallets and accounts that can interact with each other.”
Bank of Canada just says no to retail CBDC in reshuffling of priorities
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.
BingX confirms the resumption of withdrawal services following hack
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.
Solana prepares for possible ‘sizable’ move after defending $120 support
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.
SEC approves options for BlackRock's spot Bitcoin ETF
The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January.
Crypto Biz: Circle prepares to debut on Wall Street
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.
Securitize adds Wormhole for multi-chain RWA tokens
Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say.
SEC seeks sanctions against Elon Musk over Twitter purchase
Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States.
Do Kwon’s extradition case goes back to Montenegrin justice minister
According to Montenegro’s Supreme Court, the US and South Korea had both met the conditions for applying for Do Kwon’s extradition to face criminal charges.
Crypto.com gains payment service license from Bahrain central bank
Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following on approval in Dubai.