Plume debuts tokenized ‘Mineral Vault’ amid hunger for RWA yield, CEO says

All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said. 260 Total views 2 Total shares Own this piece of history Collect this article as an NFTBlockchain infrastructure platform Paxos will halt issuance of new BUSD (BUSD) stablecoins amid the ongoing probe by the…

Would you rather bet on YFI or BTC? PlotX seeks to create robust prediction markets for the burgeoning DeFi space by taking a slightly different approach than Augur and other similar projects. Its founder Ish Goel told Cointelegrpah that his company follows in Uniswap's footsteps:What Uniswap did for exchanges, PlotX essentially is planning to do…

DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools. 329 Total views 4 Total shares Ethereum automated market maker and decentralized finance protocol Balancer was exploited for nearly $900,000, the protocol confirmed on X (formerly Twitter) on Aug. 27, just days after disclosing a vulnerability that affected…

The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.

Spain’s largest multinational telecommunications company, Telefónica, has announced an initiative to support entrepreneurs in innovative technologies, such as blockchain and artificial intelligence (AI), according to an official press release published on Feb. 19.The Madrid-based company — also one of the largest telephone operators and mobile network providers in the world — has launched its first…

The virtual asset manager and lending platform suspended withdrawals following challenges at Haru Invest, a similar entity. 474 Total views 4 Total shares Delio, a virtual asset manager and lending platform based in South Korea, has announced the temporary suspension of customer withdrawals “in order to safely protect the assets of customers currently in custody.”The…

The company said it planned to use the funds for expanding its existing product and service line in addition to exploring strategic acquisitions. 203 Total views 3 Total shares Cryptocurrency individual retirement account and 401(k) provider iTrustCapital said it had raised $125 million in a growth equity investment, making its valuation reach $1.3 billion.In a…

Singapore plans to exempt cryptocurrencies that are intended to function as a medium of exchange from Goods and Services Tax (GST) — the local equivalent of Value-Added Tax (VAT).The news was revealed in a draft e-tax guide published by the Inland Revenue Authority of Singapore (IRAS) on July 5.The proposed exemption, if accepted, is set…

The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets. 654 Total views 38 Total shares Bloomberg analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out. In a Sept.7 post on Linkedin and Twitter, McGlone explained…