Sky votes to remove Wrapped Bitcoin as collateral amid community concerns

Sky, formerly MakerDAO, decided to remove the usage of Wrapped Bitcoin (WBTC) as collateral for borrowing through a governance vote concluded on Sept. 19. BA Labs, the former Risk Core Unit, was... Read more »

Securitize taps Wormhole to boost cross-chain tokenization for institutional assets

Securitize has partnered with Wormhole Foundation to enable cross-chain interoperability for all assets tokenized on its platform, according to a Sept. 20 announcement. The partnership will make Wormhole the official blockchain interoperability... Read more »

Bitcoin ETFs record $150 million inflow amid price rebound

Bitcoin price dipped to a daily low of $62,586 after briefly touching the $64,000 mark for the first time this month. According to CryptoSlate data, the flagship digital asset has since recovered... Read more »

Terraform Labs secures court approval to wind-down operations after settling with SEC

Terraform Labs received court approval to wind down its operations in bankruptcy after settling a US Securities and Exchange Commission (SEC) lawsuit, Reuters reported Sept. 19. US Bankruptcy Judge Brendan Shannon approved... Read more »

ZachXBT helps secure arrests in $243 million social engineering attack on one person

Three individuals executed a $243 million crypto theft from a single Genesis creditor in August, employing advanced social engineering tactics, according to blockchain investigator ZachXBT. The perpetrators, identified as Greavys (Malone Iam),... Read more »

Bitcoin holds above $60k amid heavy volatility after FOMC confirms 50bp rate cut

Bitcoin (BTC) experienced heavy volatility on Sept. 19 following the Fed’s FOMC meeting but maintained its position above the $60,000 threshold. Fed chair Jerome Powell confirmed weeks of speculation by announcing a... Read more »

Swiss stock exchange SIX eyes crypto trading platform to rival Binance

Swiss stock exchange SIX is exploring the launch of a new crypto trading platform in Europe, aiming to challenge dominant players like Binance, Financial Times reported on Sept. 18. Bjørn Sibbern, SIX... Read more »

Bitwise CIO likens Ethereum to Microsoft, bets on underappreciated dominance despite bearish sentiment

Bitwise Chief Investment Officer Matt Hougan believes that Ethereum to tech giant Microsoft in a recent memo, asserting that the blockchain giant’s foundational role in the ecosystem is being underestimated amid current... Read more »

TON Foundation teams with Curve Finance to boost DeFi stablecoin trading on network

The TON Foundation and Curve Finance have announced a new collaboration to incubate a stable swap project on the TON blockchain, according to a Sept. 17 statement shared with CryptoSlate. This collaboration... Read more »

MicroStrategy to issues another $700 million in senior notes to continue Bitcoin acquisitions

MicroStrategy Incorporated announced plans to privately offer $700 million worth of convertible senior notes due 2028, subject to market conditions, according to a Sept. 16 press release. The company also expects to... Read more »
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