Celo, Chainlink, Hyperlane launch crosschain USDT on OP Superchain
Stablecoin interoperability is becoming a major driving force for developers seeking to ease the cost and settlement burden of transactions.
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Bitcoin loses $48K as analysts eye next zones for a potential BTC price bounce
It could take $44,000 or $40,600 before Bitcoin bulls take back control in what is nevertheless a welcome correction for BTC/USD. 2797 Total views 7 Total shares Bitcoin (BTC) headed down to test new support on Wednesday after a breakdown of bullish trajectory sparked predictions of $44,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOld resistance provides…

Grayscale is tentatively looking to offer YFI
A corporate registration filing with the State of Delaware shows that Grayscale is considering Yearn Finance as a future offering. 1142 Total views 9 Total shares Grayscale Investments has registered an LLC for a prospective Yearn Finance (YFI) Trust, giving the first sign that the asset manager is considering the DeFi coin. The new YFI entity…

US and Canada Bitcoin ETFs: Biggest buyer vs worst loser
Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada’s history.

Mt. Gox Creditors Update Basic Terms of Upcoming Civil Rehabilitation Plan
Lawyers representing a group of creditors of the now-defunct Japanese Bitcoin (BTC) exchange Mt. Gox have recently updated their civil rehabilitation plan, according to a statement on the Mt. Gox creditors’ website Aug. 2. In the announcement, the Mt. Gox creditors stated they had revised the basic policy for the rehabilitation plan as of August…

Web3 Gamer: GTA 6 crypto rumors, Dr Who/Sandbox, Thai tourist NFTs review
Grand Theft Auto VI crypto rumors Rumors that the upcoming Grand Theft Auto VI will incorporate cryptocurrency and nonfungible tokens have once again surfaced, sparking speculation among fans. Posts shared on Twitter suggest that GTA 6 will be a play-to-earn game and that in-game items such as cars and weapons will be NFTs. GTA creator…

Web3 game DOGAMÍ secures $14M total funding
DOGAMÍ's team says it hopes to develop the first Web3 mobile game for mainstream audiences. 1232 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTDOGAMÍ, an augmented reality mobile game involving nonfungible token (NFT) pet companions, has completed a $14 million seed funding round, according to a Dec.…

Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report
The current outlook for the cryptocurrency market has been downgraded from mildly bullish to uncertain, SFOX’s latest volatility report concluded on June 6.While the report acknowledged that crypto prices recovered substantially last month, the authors described overall sentiment is at a tipping point — and warned it was unclear how much of the growth is due to FOMO…

UK drafting stablecoin regulations and researching a CBDC
The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC. 1566 Total views 21 Total shares The Treasury Department of the United Kingdom has revealed it is drafting proposals to regulate private stablecoins, while also researching central bank digital currencies (CBDC) as an alternative to cash.In an announcement published on…