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.
Related Posts
New York locals accuse gas-fired mining operation of heating Seneca Lake
New York locals are accusing Greenidge Generation’s gas-fired Bitcoin mining plant of heating Seneca Lake in upstate New York. On a daily basis, the Greenidge plant is permitted to withdraw 139 million gallons of water from the lake and discharge 134 million gallons of water. The plant is also allowed to discharge water with a…
Bitcoin hodlers will ‘soon see why’ $21.6K BTC price pump is fake — trader
Bitcoin (BTC) spiked to one-week highs on July 17 amid warnings that traders should not trust current BTC price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance inflows see multi-week highData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $21,600 on Bitstamp, its best performance since last Sunday. The pair saw a fresh leg up during the…
47 countries pledge to authorize the crypto-asset reporting framework by 2027
The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities. 470 Total views 24 Total shares Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new international standard on automatic exchange of information between tax authorities, into
Korean investigation finds $1.48B in illegal overseas crypto transactions
More than 30 people are facing fines and prosecution in South Korea for allegedly contravening the country’s ban on overseas crypto transactions. 584 Total views 5 Total shares An interagency investigation into suspected crypto fraud and money laundering in South Korea has led to the discovery of 1.69 trillion won (about $1.48 billion) in illegal…
Crypto Venture Capital Exec Compares Bitcoin to Post Dot-Com Bubble Amazon
Lou Kerner, a partner at venture capital firm CryptoOracle, compared the current slump in crypto prices to the dot-com burst in the early 2000s in an interview with CNBC Nov. 21.On CNBC’s “Worldwide Exchange” show, Kern stated that strong coins should be viewed like the big companies that came out of the dot-com bubble, using…
Cointelegraph moderates CV Labs’ first ‘Blockchain in Art’ online panel
What does blockchain tech have to do with art? Find out during this upcoming panel from Cointelegraph and CV Labs. Many believe that Blockchain technology has the potential to transform the art industry. To prove this hypothesis, a blockchain firm in Switzerland is hosting its first online event devoted to blockchain in art, alongside Cointelegraph.CV…
Central Bank of Sri Lanka completes proof-of-concept KYC platform
Sri Lanka’s recent economic uncertainty seems to be the driving force behind its interest in cryptocurrency and the government's new exploration into KYC technology. 243 Total views 3 Total shares A report presented to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday detailed the results of a now-completed Know-Your-Customer, or KYC, proof-of-concept project. The project Sri…
ConsenSys’ Kaleido, Amazon Web Services Launch ‘Blockchain Marketplace’ for Enterprises
ConsenSys’ blockchain startup Kaleido and Amazon Web Services (AWS) have launched a full-stack platform that helps enterprises implement blockchain solutions, according to a press release published Nov. 8.The platform, dubbed Kaleido Marketplace, reportedly “eliminates 80 percent of the custom code” needed to build a given blockchain project by providing an array of full-stack tools and…