AnchorWatch, an insurance provider, launched a bitcoin custody service with a policy against BTC losses. The announcement of the inauguration of this company was published on January 6, 2025, after two years of product development and after the company became a legal entity, officially capable of acting as the holder of risk coverage in the … Read more
The oil, produced in the Middle East, was valued at about $45 million. Tether wants to support a broader range of commodities and industries. The Tether company announced that its investment arm, Tether Trade Finance, funded the first crude oil transaction with the USD Tether (USDT) stablecoin. This operation involved the transportation of 670,000 barrels … Read more
The sUSD token is backed by US Treasury bills, an asset considered low risk. Interest with sUSD works through the restaking modality. Solayer Labs is a re-staking protocol on the Solana network that launched a stablecoin, backed by real-world assets (RWA), that allows interest to be generated. Solayer works similar to a savings bank account, … Read more
Sky, the decentralized finance platform (DeFi) formerly known as MarkerDAO, appears to have backtracked on its plan to remove the Wrapped Bitcoin (WBTC) cryptocurrency as collateral for users to obtain loans, following clarifications from BitGo CEO Mike Belshe. The executive spoke out on an issue that had caused a stir in the Sky community: Justin … Read more
Key facts: Soneium is an Ethereum layer 2 network launched by tech giant Sony Group. Sony Bank is reportedly evaluating Japan’s legal conditions for allowing the use of the digital yen. Soneium, Ethereum’s second layer (L2) network, will launch a stablecoin linked to the Japanese yen together with Sony Bankone of the largest online banks … Read more