🇺🇸 The state of Wyoming has launched Frontier Stable Token (FRNT) — the first U.S. stablecoin issued by a public entity.
The token is already available on several networks, backed by U.S. dollars and short-term Treasuries with 2% overcollateralization.
@DeCenterOrg
The token is already available on several networks, backed by U.S. dollars and short-term Treasuries with 2% overcollateralization.
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🏦 SoFi will become the first U.S. bank to integrate the Bitcoin Lightning Network for international transfers — enabling fast, low-cost money transfers directly from the app.
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🌎 Companies that regularly purchase cryptocurrency for their balance sheets have become key players in the market this year — according to The Block, by August they had invested over $15 billion.
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That’s more than giants like Tether and OnlyFans.
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DeCenter – Blockchain and Bitcoin
🏛️ Public companies and funds now control over 2% of the total Ethereum supply. @DeCenterOrg
Currently, companies hold more than 2% of the ETH supply, up from just 0.2% two months ago.
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Beacon Network is designed to prevent illicit funds from leaving the blockchain. Founding members include Coinbase, Binance, PayPal, Robinhood, Stripe, Kraken and Ripple.
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🇭🇰 Hong Kong–based construction company Ming Shing has purchased 4 250 BTC worth about $483 000 000.
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DeCenter – Blockchain and Bitcoin
Many users argue Qubic only caused a limited chain reorg rather than gaining control. Still, Kraken briefly halted XMR deposits, citing “security uncertainty.” Experts suggest the incident was more of a PR stunt than a real threat.
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🇨🇭 Swiss bank UBS reported that wealthy Chinese families, through their investment funds, put about 5% of their money into cryptocurrency.
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Against this backdrop, the previously largest product, wBTC, has declined by 17% since the launch of cbBTC.
The total issuance of synthetic BTC on the network has remained almost unchanged, meaning that cbBTC’s growth is largely driven by a liquidity shift from wBTC. The key reasons are the convenience of issuance through Coinbase’s infrastructure and a drop in trust toward wBTC following a scandal involving entities linked to Justin Sun.
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DeCenter – Blockchain and Bitcoin
🇯🇵 The Trump family is aiming to strengthen its presence in Japan.
This September, Eric Trump will travel there to advance the family’s cryptocurrency ventures, and the U.S. president’s son will also take part in a Metaplanet shareholders’ meeting.
@DeCenterOrg
This September, Eric Trump will travel there to advance the family’s cryptocurrency ventures, and the U.S. president’s son will also take part in a Metaplanet shareholders’ meeting.
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Researcher ZachXBT advises treating any incoming call or email as a potential scam.
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