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Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base

Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base

Coinbase launched wrapped tokens for Cardano (cbADA) and Litecoin (cbLTC) on its Base layer-2 network, the exchange said in a June 25 post.  Each synthetic token is backed 1:1 by the underlying asset held in Coinbase custody, and proof-of-reserves pages list the on-chain addresses securing the collateral. The transparency pages already show 11,364 LTC and […]

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Lumia and Avail team up for secure, scalable real-world asset tokenization

Lumia and Avail team up for secure, scalable real-world asset tokenization

Lumia, a blockchain platform focused on real-world asset (RWA) tokenization, is rolling out a new cross-chain model through a strategic integration with Avail Stack, according to a statement shared with CryptoSlate. The partnership aims to improve how tokenized assets are created, verified, and moved across different blockchain networks. Through this integration, Lumia will access Avail’s

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Sofi Relaunches Crypto Investing as CEO Predicts Full-Scale Financial Reinvention

Sofi Relaunches Crypto Investing as CEO Predicts Full-Scale Financial Reinvention

Sofi ignites a bold crypto revolution, fusing blockchain-powered remittances, digital asset investing, and regulated banking to dominate the exploding demand for next-gen financial services. Financial Services Face Total Crypto Overhaul as Sofi Unleashes New Investing Wave Surging crypto adoption is fueling aggressive innovation across digital financial platforms, positioning the fintech sector for a bullish transformation

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Arizona state won’t buy Bitcoin

Arizona state won’t buy Bitcoin

HB 2324 heads to the governor’s desk after House vote, establishing a U.S. first: a state-run Bitcoin reserve funded entirely by forfeited digital assets The Arizona House of Representatives passed House Bill 2324 on Tuesday, approving legislation to create the first Bitcoin reserve in the United States funded solely through seized digital assets. The 34–22

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US academic institutions urge SEC to implement stringent crypto staking rules, oversight

US academic institutions urge SEC to implement stringent crypto staking rules, oversight

Representatives from multiple universities met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on June 23 to discuss a staking rulebook. The meeting included representatives from the University of California, Berkeley School of Law, Georgetown University Law Center, the University of Chicago Law School, and venture firm Placeholder. According to the logs,

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Panelists at Senate Banking Hearing on Crypto Market Structure Call for Regulation ASAP

Panelists at Senate Banking Hearing on Crypto Market Structure Call for Regulation ASAP

Bitcoin Magazine Panelists at Senate Banking Hearing on Crypto Market Structure Call for Regulation ASAP Today, the U.S. Senate Banking’s Subcommittee on Digital Assets hosted a hearing entitled  “Exploring Bipartisan Legislative Framework for Digital Assets Market Structure” in which the panelists implored Congress to pass digital asset legislation soon. (Spoiler alert: The word “Bitcoin” didn’t

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WazirX gains crucial extension to revive post-hack restructuring plan

WazirX gains crucial extension to revive post-hack restructuring plan

WazirX, once India’s largest crypto exchange by trading volume, has secured a crucial extension from Singapore’s High Court as it struggles to recover from a devastating $234 million hack and a year of growing user frustration. In a statement posted on social media, WazirX confirmed that the court will allow it to present new arguments

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Grayscale introduces Space and Time Trust fueling SXT 15% rise

Grayscale introduces Space and Time Trust fueling SXT 15% rise

Grayscale has unveiled a new single-asset investment vehicle centered on the Space and Time (SXT) token, according to a June 24 announcement. The fund, officially named the Space and Time Trust, offers accredited investors direct exposure to one of the crypto sector’s newest data infrastructure projects. Individual and institutional participants can subscribe to the Trust

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Powell reaffirms Fed has no issues with banks conducting crypto activities

Powell reaffirms Fed has no issues with banks conducting crypto activities

Federal Reserve Chair Jerome Powell reaffirmed that the central bank does not object to U.S. banks providing services to cryptocurrency companies or participating in crypto-related activities, so long as they follow established risk management and consumer protection standards. Powell made the statement during his semiannual monetary policy report testimony before the House Financial Services Committee

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Trump impeachment odds remain slim in crypto markets

Trump impeachment odds remain slim in crypto markets

Crypto-based prediction markets are signaling that impeachment odds for US President Donald Trump remain low, despite a formal push in Congress. According to data from Polymarket, crypto bettors estimate that there is just a 6% chance that Trump will face impeachment proceedings in the US House of Representatives before the end of 2025. This marks

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