DeFi protocol Threshold proposes Bitcoin wrapper merger to ‘save WBTC’

Anclap expects to launch two more Stellar-based stablecoins for Chile and Colombia later this year. 775 Total views 24 Total shares Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new stablecoin in Peru, Cointelegraph en Español reports.Pegged to Peru’s official fiat currency, the Peruvian sol (PEN), the new stablecoin is designed…

With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market. 94 Total views 3 Total shares The implications of what anti-crypto regulations can do to a thriving economy can be seen first-hand unfolding in India. Supporting the massive decline…

Bitcoin (BTC) price yet again surged past $10K for just a few hours before experiencing a short sharp 10% sell-off last week.Each time this happens, crypto Twitter brings out the fanfare rejoicing at the fact that we’ve reached this psychological milestone. It's almost becoming too predictable, and that is exactly why the eventual breakout will…

Porsche unveils NFT subsidiary German sports car giant Porsche has drifted into the nonfungible token (NFT) market, with a June 14 announcement revealing the launch of an NFT collectible startup dubbed Fanzone. However, the car manufacturer will not be looking to tokenize its luxury vehicles at this stage, instead opting to focus on soccer-themed NFT…

With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks must cautiously engage in crypto-asset activities. 288 Total views 3 Total shares Economic uncertainty amid geopolitical tensions, rising interest rates and slowing economic growth have put a strain on the United States financial system.…

As Bitcoin (BTC) continues trading sideways inside the $30,000–$40,000 range, new data is emerging about the potential for a bullish breakout.Is Bitcoin silently readying for a breakout like in Q4 2020? Willy Woo, an on-chain analyst, anticipates a potential supply shock in the Bitcoin market, as long-term holders continued raking BTC supply from short-term ones. Woo stated…

A Grayscale executive said the products will provide traditional investors with exposure to an asset that has the potential to transform the entire financial system.

Facebook hired former assistant of United States Republican senator Mike Crapo, Susan Stoner Zook, to join the lobbying team for its Libra stablecoin.Facebook doubles down on Libra lobbyingNews outlet Politico reported on Aug. 5 that Zook had been hired onto Facebook’s team of lobbyists working to win lawmakers over to Libra. Per the report, she…