Tuesday, November 5, 2024

Ethereum & L2's

Bitcoin

Coinbase Introduces cbBTC: Wrapped Bitcoin Aims to Rival BitGo’s WBTC

yfarmx - 0
Coinbase has made a bold move into the world of decentralised finance (DeFi) with the launch of cbBTC, its own wrapped version of Bitcoin. This ERC-20 token, backed 1:1 by Bitcoin held in custody by Coinbase, allows Bitcoin holders to leverage their assets within the Ethereum and Base ecosystems. Coinbase’s entry into the wrapped Bitcoin market comes at a time of growing competition, particularly with BitGo, whose Wrapped Bitcoin (WBTC) has long dominated the space. With cbBTC, Coinbase aims to provide an alternative while expanding Bitcoin’s utility in DeFi.

MakerDAO Rebrands as Sky Ahead of USDS Stablecoin Launch

Aave Proposes New GHO Stability Module Integration with BlackRock’s BUIDL

Stablecoin Market Reaches Record $168.1 Billion as Institutional Demand Surges

Privacy-focused Nillion Network Integrates with Arbitrum

Regulation

Regulation

UK Parliament Introduces New Bill to Recognise Cryptocurrencies as Personal Property

yfarmx - 0
The UK Parliament has introduced the Property (Digital Assets etc) Bill, officially recognising digital assets like Bitcoin, NFTs, and carbon credits as personal property. This new legislation provides owners with legal protections against fraud and theft, positioning the UK as a global leader in crypto law.

UK Financial Regulator Prosecutes First Case of Unlawful Crypto ATM Operation

The Inevitable Rise of Japanese Yen Stablecoins: Insights from Ripple’s Brad Garlinghouse

Qatar Crypto Regulation: Unveiling an Ambitious Digital Assets Framework

Widespread Crypto Tax Evasion Revealed in Norwegian Study

Web3 Security

Bitcoin

Bitcoin

Coinbase Introduces cbBTC: Wrapped Bitcoin Aims to Rival BitGo’s WBTC

yfarmx - 0
Coinbase has made a bold move into the world of decentralised finance (DeFi) with the launch of cbBTC, its own wrapped version of Bitcoin. This ERC-20 token, backed 1:1 by Bitcoin held in custody by Coinbase, allows Bitcoin holders to leverage their assets within the Ethereum and Base ecosystems. Coinbase’s entry into the wrapped Bitcoin market comes at a time of growing competition, particularly with BitGo, whose Wrapped Bitcoin (WBTC) has long dominated the space. With cbBTC, Coinbase aims to provide an alternative while expanding Bitcoin’s utility in DeFi.
Bitcoin

Bitcoin Surges and Tech Stocks Poised for Impact

yfarmx - 0
Bitcoin has surged to over $64,000 this week, driven by Federal Reserve signals on potential interest rate cuts. As the tech sector braces for Nvidia's crucial earnings report, which is expected to bolster tech stocks, Bitcoin’s performance may be closely linked to these developments. With the possibility of a rate cut and shifting economic factors, the coming weeks could be pivotal for both Bitcoin and the broader market.

Bitcoin Breaks Through $69k to Set New All-Time High, Followed by Sharp Pullback

Microsoft Crypto Wallet Integration in Edge Web Browser Being Tested

Revolutionising AI with blockchain-powered data infrastructure

Credit and debit cards will be accepted by Uniswap for cryptocurrency purchases

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Crypto on the Campaign Trail: MAGA Coin’s Rise, ‘PoliFi’ and Prediction Markets

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The MAGA coin has witnessed a staggering 500% surge in its value over the past month, boasting a market cap exceeding $400 million. This astonishing growth has not only captured the attention of investors and political enthusiasts alike but has also sparked a broader conversation about the role of meme coins in the digital economy.

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YFarmX is a web3 media brand that delivers breaking news and premium insights about digital assets. As part of our editorial content, we provide learners with the critical analysis and information they need to make smarter decisions and to better understand emerging web 3.0 technologies.

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SBF Appeal Seeks to Overturn Conviction, Cites Judicial Bias

Solana News 0
Sam Bankman-Fried has filed an appeal seeking a retrial of his fraud conviction, citing judicial bias and claiming that the original trial was unfair. His legal team argues that the judge's actions compromised the fairness of the trial, leading to an unjust conviction.

UK Parliament Introduces New Bill to Recognise Cryptocurrencies as Personal Property

Regulation 0
The UK Parliament has introduced the Property (Digital Assets etc) Bill, officially recognising digital assets like Bitcoin, NFTs, and carbon credits as personal property. This new legislation provides owners with legal protections against fraud and theft, positioning the UK as a global leader in crypto law.

TADA Partners with TON to Introduce Web3-Powered Ride-Hailing

TON 0
TADA, a leading ride-hailing service in Southeast Asia, has partnered with the TON Foundation to launch TADA Mini, a Telegram-based app that integrates Web3 technology into ride-hailing. Users can now book rides directly through Telegram and pay with cryptocurrencies like $TON or $USDT-TON. This collaboration marks a step forward in mainstreaming blockchain technology and cryptocurrency adoption in everyday services.

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