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UPDATE: Do Kwon to face trial in 2026 for criminal charges linked to the $40 billion collapse of the TerraUSD stablecoin $LUNA.
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⚠️ Wrapped bitcoin derivatives might not be as "fully backed" as claimed! 🔸 LX Research (@bitcoinlayers, @januszg_) warns of rehypothecation and centralization risks in the $30B wrapped BTC market. 🔸 Some wrapped BTC derivative tokens rely on other wrapped tokens, creating a fragile system. 🔸 Bank run risks loom if custodians can’t meet simultaneous withdrawals. Transparency is crucial for trust in bitcoin DeFi! 💰
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FV Bank integrates Paypal’s PYUSD stablecoin 🎉, offering real-time USD conversion and streamlined cross-border payments 🌍. - PYUSD deposits auto-convert to USD in real-time. - Send PYUSD directly without needing external wallets. - Builds on USDC and USDT support for global users.
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Invest in the future today by joining Lightchain AI’s presale, and be part of the revolution that’s reshaping blockchain and artificial intelligence. @LightchainAI https://news.bitcoin.com/ethereum-price-lags-behind-lightchain-ai-presale-as-the-testnet-launch-draws-near/
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FV Bank Integrates Paypal’s PYUSD Stablecoin for Real-Time Transactions
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🚨 Mining update from 🇳🇴🇺🇸 @BitdeerOfficial: In Dec. 2024, Bitdeer mined 145 BTC, a slight 3% dip from November's 150 BTC. But here’s the big news: Bitdeer fully repaid the $10M principal balance on its senior secured notes, tied to its acquisition of Troll Housing AS and Tydal Data Centre AS. 💼✔️ And despite the monthly dip, Bitdeer’s yearly performance is stellar! Their Bitcoin holdings surged from 43 BTC in Dec. 2023 to 594 BTC in Dec. 2024 - 1281.4% increase! 🚀💎 What do you think about Bitdeer’s performance and strategy? Let us know!
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