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Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks


Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin...

Microsoft Promises No games Cancelled Amid 650 More Xbox Jobs Cut


Microsoft is laying off another 650 employees from its Xbox gaming division, the company announced in an overnight companywide memo. Microsoft Gaming CEO Phil Spencer stressed that no new games were being cancelled or studio closed as a result of the latest round of cuts. Read more

Open Oracle Network DIA Launches Lumina to Bolster Web3 Data Infrastructure


DIA, an open oracle network, has launched a new oracle architecture called Lumina. The design aims to enhance trustless data infrastructure for Web3, offering improvements in scalability and decentralization. DIA Introduces Lumina: A New Trustless Oracle Architecture According to the statement...

The Middleman’s Shadow in the Tokenization Complex


In the world of crypto, digital assets, and the dream of decentralization, the middleman is a figure of scorn. We speak of peer-to-peer networks with no need for gatekeepers. Yet, whether we like it or not, intermediaries haunt every corner of this landscape, says Fadi Aboualfa, head of research...

Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M


The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz...

Ripple Renews NYU Abu Dhabi Partnership for Blockchain Research


Ripple has renewed its partnership with NYU Abu Dhabi to support blockchain research and innovation. This partnership aims to foster talent development, advance digital asset adoption, and integrate blockchain technology into startups and established institutions in the UAE. Ripple has funded...

Standard Chartered Launches Bitcoin and Ethereum Custody in UAE


Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first...

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