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Phantom Wallet Introduces Trading for Bitcoin, Ordinals, and BRC-20 Tokens


Source: DALL·E Multichain cryptocurrency wallet Phantom has broadened its services, introducing support for Bitcoin, Ordinals, and BRC-20 tokens. According to a blog post, Phantom has launched the new features in a current beta phase, allowing users to opt-in for trading and transferring these...

Chinese Bank Seals First-ever Cross-border CBDC-powered Precious Metals Deal


Source: pla2na/Adobe The Bank of China has completed the world’s first cross-border CBDC-powered precious metals deal – a gold transaction worth some $14.1 million. Per the Shanghai Securities News and the China Securities Network, the deal involved the Shanghai Branch of the Bank of China,...

Galaxy Digital on the Hunt for More Crypto Bankruptcy Assets Post-FTX Deal


Source: LinkedIn Galaxy Digital, the cryptocurrency group led by US billionaire Mike Novogratz, is seeking additional asset sales from bankrupt digital asset companies following a successful deal that involved selling coins held by FTX.  The transaction has significantly increased Galaxy’s...

Bank Of China Completes First Cross-Border Digital Yuan Commodities Trade


The Bank of China Hong Kong, the second largest bank in the region, has completed its first cross-border digital yuan-based trade. The transaction, finalized with its sibling bank, the Bank of China, served to receive the payment for an imported iron ore commodity bulk trade, establishing...

Hong Kong Firms Make First Cross-border Digital Yuan Commodity Payments


Source: leungc/Adobe Hong Kong-based firms have made the first “cross-border” commodity payments with the Mainland Chinese digital yuan, as the CBDC takes its first international steps. Per Hong Kong Today, several Hong Kong firms took part in the Bank of China (Hong Kong)’s “Enterprise Digital...

Bitcoin Sidechain Liquid Comes Back To Life Amid Ordinals Frenzy


Image Source: Pixabay High network congestion on Bitcoin has prompted the revival of an old, nearly forgotten scaling solution that makes BTC transactions fast, private, and cheap. According to data from mempool.space, the Liquid Network has experienced some of its highest transaction volumes...

Over 1,000 Bitcoins from Satoshi Era Mined in 2010 Moved to Trading Desks


Source: Pixabay / Michael Wuensch Nearly 1000 Bitcoin (BTC) worth over $43 million were moved earlier this week after more than 13 years of dormancy, on-chain analysis shows. In a report shared on Wednesday, blockchain analytics platform CryptoQuant noted that a Bitcoin address received 999 BTC...

10 Best Layer 1 Crypto Projects to Watch in 2024


Many cryptocurrency investors prefer layer 1 networks over secondary tokens, such as those following the ERC-20 or BEP-20 standards. After all, layer 1 blockchains determine their own consensus models, governance, and transaction processing. This guide analyzes the 10 best layer 1 crypto projects...

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