Congressman John Rose would make the agencies work together and listen to user and industry representatives. Source: https://cointelegraph.com/news/us-lawmaker-proposes-sec-cftc-joint-advisory-committee-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Coinbase Wrapped Bitcoin Sparks Pushback from Justin Sun
Coinbase’s launch of its wrapped Bitcoin product, cbBTC, has ignited a fierce debate within the industry, with Tron (TRON) founder Justin Sun lambasting the new offering, calling it a “dark day for BTC” and warning of significant risks to decentralized finance. Speaking with Decrypt, however, a Coinbase spokesperson stood firm on the product’s security and reliability. The cbBTC token is…
Bukele advisers said BTC adoption was ‘complete PR move’ — TIME reporter
According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to “change the narrative” on the country’s international perception. Source: https://cointelegraph.com/news/nayib-bukele-el-salvador-bitcoin-adoption-pr-move?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Zilliqa launches Jasper Proto-Testnet for Zilliqa 2.0, the blockchain built for mass adoption
SINGAPORE, Sept. 11, 2024 /PRNewswire/ — Zilliqa, the established layer-1 blockchain platform that pioneered sharding technology, is excited to announce the launch of the Jasper proto-testnet for Zilliqa 2.0, the first release on its roadmap for its new, upgraded network designed to drive mass adoption of Web3. This significant milestone sees the first Zilliqa 2.0 proto-testnet become available to the…
USDC issuer Circle adds Arbitrum to Web3 platform
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT. Source: https://cointelegraph.com/news/usdc-issuer-circle-adds-arbitrum-web3-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Latam’s Fintech Giant Nubank Ends Nucoin Trading
Nubank, one of the biggest neobanks in Latan, announced on Tuesday that it would terminate the trading of its nucoin cryptocurrency as it turns to use it as part of an internal rewards and benefits program for its clients. Users will have the choice of exchanging it for bitcoin or stablecoins before December 9. Nubank […] Source: https://news.bitcoin.com/latams-fintech-giant-nubank-ends-nucoin-trading/
SUI leads the crypto market with a 27% weekly gain — What is behind the momentum?
SUI outperforms the bulk of the crypto market with a strong double-digit gain, but is the rally sustainable? Source: https://cointelegraph.com/news/sui-leads-the-crypto-market-with-a-27-weekly-gain-what-is-behind-the-momentum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Hamster Kombat’ Will Give Out Billions of Tokens via Binance in Telegram Game Airdrop
Popular Telegram tap-to-earn game Hamster Kombat is set to launch its HMSTR token on The Open Network (TON) later this month alongside an airdrop to its many millions of players. On Thursday, the developers announced plans to drop billions of tokens to Binance customers, as well, through a Launchpool rewards campaign. The HMSTR token will have a total supply of…
US diplomats pressure Nigeria to release detained Binance exec
Tigran Gambaryan, a United States citizen and former Internal Revenue Service agent, has been detained in Nigeria since February 2024. Source: https://cointelegraph.com/news/us-diplomats-pressure-nigeria-release-detained-binance-exec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, […] Source: https://news.bitcoin.com/coinbase-launches-wrapped-bitcoin-for-ethereum-and-base-networks/