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.
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Binance Holds $1B in ERC-20 Stablecoins
Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi.Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days, according to the global stablecoin exchange balance by Nansen.Huobi’s…

Skirting the Great Wall: The Chequered Saga of Crypto in China, 2013-2017
Take a quick look at CnLedger, a Twitter-based Chinese crypto news information source, and a tweet pinned at the top of its profile might come as something of a surprise:Next time people tell you bitcoin is banned in China, show him this pic. pic.twitter.com/MC3Q2yzBcx— cnLedger (@cnLedger) February 8, 2018On Sept. 30 2018, China’s oldest tech…

Mastercard and Visa Are Making Bold Moves Toward Mass Crypto Adoption
Leading global payment companies Mastercard and Visa have been making moves to accelerate the support of cryptocurrency payment processors by opening up new options for users around the world. Both companies made strong statements in support of the use of cryptocurrencies in July by announcing respective projects and collaborations that are driving the adoption of…

QuadrigaCX Director Asks Court to Appoint Restructuring Officer
Jennifer Robertson — the current director and widow of the founder of now-shuttered Canadian crypto exchange QuadrigaCX — has asked a Canadian court to appoint a chief restructuring officer (CRO) to handle proceedings in the aftermath of the exchange’s controversial closure.In an affidavit filed with the Supreme Court of Nova Scotia on Feb. 25, Robertson…

In crypto, no one cares who you are: Here’s why that’s a good thing
Blockchains provide a trust-free anonymous intermediary for objective transactional actions, putting wealth transfer back in the hands of the individual and out of the hands of centralized control. This, unsurprisingly, has stepped on the toes of a number of governments. To make matters worse, supporting this technology can be misconstrued as taking a stance against your…

Coinbase registers 114.9 million shares ahead of direct Nasdaq listing
Coinbase listed the shares for resale in preparation for its initial public offering at the end of the month. 3138 Total views 21 Total shares Cryptocurrency exchange Coinbase has registered 114,850,769 shares of class A common stock for a direct listing on the Nasdaq stock exchange, as per an amended S-1 filing with the U.S…

Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation
News that Binance could be under investigation by the U.S. Justice Department and IRS triggered a marketwide sell-off that saw Bitcoin's price drop to $46,000. 3025 Total views 13 Total shares Within the last hour, Bitcoin's (BTC) price dropped by more than 3%, extending the decline that started on May 12 and saw the digital…

Blockchain.com raises $300M in crypto industry’s third-largest capital raise
The investment round was led by DST Global, Lightspeed Venture Partners and VY Capital and gave Blockchain.com a $5.2 billion valuation. 940 Total views 16 Total shares London-based cryptocurrency services provider Blockchain.com has raised $300 million in a new investment round that valued the firm at $5.2 billion — up from a $3 billion valuation…