Anchorage Announces Custody Support for Bitcoin L2 Stacks
Anchorage has advanced its institutional custody services into the Bitcoin layer-2 ecosystem using Stacks. Leading L2 solution for Bitcoin, Stacks, just achieved a significant milestone with their Nakamoto update. Through this collaboration, Stacks becomes the first platform to incorporate Anchorage Digital Bank N.A., providing custody services to STX holders. Anchorage Digital formally entered the Bitcoin […]
Injective Launches Index Tracking BlackRock’s BUIDL Fund
Injective launched a first-of-its-kind tokenized index, offering access to BlackRock’s BUIDL Fund, which provides institutional exposure to U.S. Treasury and other assets on the blockchain. This index is the first perpetual market of its kind, according to a statement from Injective. It will enable consumers to access the BUIDL Fund in a manner that was […]
Sui Blockchain to Use Radio Waves for Offline Crypto Transactions
The Sui blockchain explores alternative methods, such as radio waves, to enable offline and “internet-less crypto transactions” for unbanked communities. The uncertainty surrounding the potential consequences of an internet outage is one of the primary objections to crypto-based payments. Will consumers be unable to access their wallets? This issue is worth troubleshooting, especially in regions […]
Penpie Hacker Moves 7M of Stolen Funds Via Tornado Cash
Within approximately twelve hours of stealing $27 million on September 3, the hacker responsible for the Penpie protocol transfers roughly $7 million of stolen funds through the crypto mixer Tornado Cash. The intruder transferred 26% of the hacked funds to a Tornado Cash address on September 4, according to Web3 security firm Cyvers. The hacker’s […]
Polygon Labs Upgrades MATIC Token to POL
According to an announcement shared by Polygon labs, Polygon’s MATIC token was converted to the new POL token on a 1:1 basis, making it the network’s native gas and staking token as of September 4. To improve its functionality and introduce Polygon 2.0, Polygon’s native cryptocurrency has implemented a significant technical upgrade. According to Marc […]