Uniswap Ventures into Bitcoin’s Domain with Rootstock Expansion
Uniswap, a leading decentralized exchange, has taken a significant step into the Bitcoin ecosystem by expanding to the Bitcoin sidechain Rootstock. This development marks a notable boost to the decentralized finance (DeFi) landscape of the world’s largest blockchain. Uniswap v3 on Rootstock Uniswap version 3 (v3), initially designed for Ethereum, has been successfully deployed on […]
Tether Tightens Security with Wallet-Freezing Policy for OFAC Compliance
Tether, the company behind the largest stablecoin in the cryptocurrency market announced on December 1, 2023, it implemented a new policy to freeze wallets listed on the U.S. Office of Foreign Asset Controls (OFAC) Specially Designated Nationals (SDN) List. This initiative, led by Tether’s new CEO Paolo Ardoino, is a proactive measure to align with […]
Meanwhile Group Introduces Bitcoin-Denominated Private Credit Fund
Meanwhile Group, known for its innovative approach in the Bitcoin life insurance sector, has recently launched a pioneering private credit fund denominated in Bitcoin, targeting institutional investors. This move signifies a significant stride in the integration of cryptocurrency into traditional financial services. The Meanwhile BTC Private Credit Fund, managed by Meanwhile Advisors, is designed as […]
India’s Government Pledges Robust Support for Web3 Startups
The Indian government has taken a significant step in endorsing the burgeoning Web3 sector, with Minister of State for Electronics and Information Technology Rajeev Chandrasekhar affirming the country’s commitment to nurturing startups in this innovative field. This development, announced in a parliamentary session, underscores India’s aim to be a key contributor to the future of […]
El Salvador’s Bitcoin-Driven Freedom Visa
El Salvador, in a groundbreaking partnership with Tether, has launched the “Freedom Visa Program,” an initiative aimed at attracting Bitcoin investors to contribute to the nation’s growth. This program, reminiscent of Portugal’s now-defunct Golden Visa, is designed to entice high-net-worth individuals and investors into becoming part of El Salvador’s economic fabric, with Bitcoin at its […]
Decentralization Debate: Ramaswamy Challenges Sen. Warren’s Stance on Bitcoin
The conversation around Bitcoin’s role in society and its challenge to traditional state-centric views has intensified, as highlighted by US presidential hopeful Vivek Ramaswamy’s recent comments on Senator Elizabeth Warren’s stance on Bitcoin (BTC). Speaking on the WhatBitcoinDid podcast, Ramaswamy articulated a fundamental ideological divide concerning the nature of rights and the role of the […]
Blast Protocol Sets New Record in Ethereum’s DeFi Arena with $822M TVL
The Ethereum (ETH) network, particularly its DeFi sector, has witnessed a remarkable achievement by Blast protocol, a layer two (L2) project backed by prominent players Paradigm venture capital and Standard Crypto. Demonstrating the surging institutional interest in liquid staking on Ethereum, Blast protocol has set a new record in Total Value Locked (TVL) and community […]
Chainlink’s Staking Program Hits $600M Cap
Chainlink, the leading blockchain data-oracle project, has witnessed an overwhelming response to its newly expanded crypto-staking program. Within a mere six hours of its early-access launch, the program successfully attracted over $632 million in LINK tokens, reaching its full capacity, as stated in a company press release. The “V0.2” community staking mechanism, which opened for […]
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