21.co’s Bitcoin wrapper to add Chainlink proof of reserve
The integration comes as other Bitcoin wrappers face scrutiny for custody practices.
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Coinbase Wallet Integrates Support for DeFi Lending Apps
Leading U.S.-based cryptocurrency exchange, Coinbase, has integrated support for decentralized finance (DeFi) protocols on its wallet app.Per a March 26 announcement, Coinbase Wallet will now allow users to earn interest on cryptocurrencies through the DeFi apps, Compound, and dYdX.While the DeFi apps were already available through Coinbase Wallet’s built-in decentralized application browser, the exchange asserts…
Cosmos sees 1 million transfers in a month across the ecosystem
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LooksRare team cashes out $30M in WETH, faces community backlash
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OKEx Sister Firm OKLink to Launch USD-Pegged Stablecoin USDK
Global settlement firm OKLink, a sister company of major cryptocurrency exchange OKEx, will launch its stablecoin today, June 3, an OKEx representative told Cointelegraph.In an email sent to Cointelegraph, the OKEx rep specified that the stablecoin — dubbed USDK — will be launched today in partnership with United States-based custodian Prime Trust.On June 2, OKLink…
Isle of Man Gov’t Executive Agency Forms Global Blockchain Office, Regulatory Sandbox
An advisory body for the self-governing British dependency Isle of Man (IoM) has launched a hub to promote the development of blockchain, fintech news agency FStech reports on Feb. 5.As a key decision maker for the economic growth of the IoM, Digital Isle of Man initiated the formation of the Blockchain Office, a global blockchain…
Bitmain Valuation to Hit $12B With New 600K Chip Order, Source Says
Bitcoin (BTC) mining giant Bitmain will increase its capacity by 50% in the next six months on the back of a giant hardware order, a source close to the deal has said.Bitmain eyes 50% capacity increaseAs reported by Chinese social media network WeChat on Aug. 23, Bitmain, which has seen a dramatic reversal of fortunes…
Microsoft and Nvidia stocks reach all-time highs amid OpenAI CEO shuffle
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