Coinbase’s cbBTC is backed at a 1:1 ratio with Bitcoin, which serves as the underlying asset for the tokenized BTC wrapper. Source link
Donald Trump becomes the first former United States president to use crypto in a transaction, Arthur Hayes thoughts on rate cut: Hodler’s Digest Source link
Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million. Source link
Chainalysis CEO Michael Gronager believes “it’s not much further away” before governments use AI agents to catch onchain crypto wrongdoers. Source link
Sui’s technical capabilities and the upcoming release of a native gaming console could see the network eventually rival Solana, but tokenomics pose a looming threat. Source link
If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam. Source link
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers. Source link
The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. Source link