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Techub News, according to Cointelegraph, Stable Coin issuer Paxos co-founder and CEO Charles Cascarilla plans to testify before the House Financial Services Committee to urge lawmakers to establish 'reciprocity across jurisdictions' in terms of Stable Coin regulation. In the prepared testimony, Cascarilla expressed concerns about obstacles encountered in the adoption process of Paxos' USDG due to the issuer being a regulated subsidiary based in Singapore. Cascarilla suggested that U.S. lawmakers strengthen the current 'reciprocity language on an international level,' including clearly defining

USDP-0.01%

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31m ago

Techub News reported that Starknet has released the 'BTC Vision' and plans to become one of the first L2 solutions on BTC and ETH blockchains for Settlement. Starknet stated that it will integrate with BTCWallet Xverse to allow the use of BTC assets on Starknet. Additionally, the Starknet Foundation is launching the 'BTCFi Season' program to provide BTC yield opportunities through Starknet. Furthermore, StarkWare has established a strategic BTC reserve (SBR), holding most of its funds in BTC.

STRK-1.79%

BTC1.77%

ETH-5.09%

SBR-9.07%

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1h ago

Techub News reported that Cantor Fitzgerald, a Wall Street asset management company, has chosen Copper and Anchorage Digital as the custodians for its new BTC financing business, according to CoinDesk. Michael Cunningham, head of Cantor Fitzgerald's BTC financing business, said, 'We will launch a $2 billion initial financing and expect to scale up over time.'

BTC1.77%

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2h ago

Techub News reported that AI cloud provider CoreWeave has announced a $11.9 billion infrastructure protocol agreement with OpenAI, according to The Block.

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2h ago

Techub News reported that the Chicago Options Exchange (CBOE) has submitted a proposal to the United States Securities and Exchange Commission (SEC) to allow stake for the Fidelity Ethereum ETF.

ETH-5.09%

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2h ago

Techub News reported that Cynthia Lummis, Chair of the Senate Banking Committee on digital assets, announced the reintroduction of the BTC bill. Cynthia Lummis stated that the bill will regulate the vision of former President Trump to establish a strategic BTC reserve for the United States, 'BTC is not just a technical opportunity, but also a national force for the United States to maintain its financial leadership in the 21st century.'

BTC1.77%

TRUMP-5.11%

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2h ago

Techub News reported that Bitwise has launched the Bitwise Bitcoin Standard Corporations ETF, with the trading symbol OWNB. Currently, the index tracks Strategy, MARA Holdings, CleanSpark, Riot Platforms, Boyaa Interactive, Metaplanet, Aker ASA, Bitfarms, BitFuFu, and Galaxy Digital.

Bitwise states that the companies tracked by the index must hold at least 1000 bitcoins, the index is rebalanced quarterly, and changes will be announced.

STND-1.26%

BTC1.77%

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2h ago

Techub News reported that Arda, a Cryptocurrency startup founded by Oli Harris, former digital asset strategist at JPMorgan Chase, has completed a $3 million Pre-Seed funding round with participation from Lightshift Capital. Harris stated that his team is developing a real estate tokenization platform. Arda will use this round of funding to develop a product prototype, hire more engineers, and collaborate with real estate developers and other companies in the field.

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2h ago

Techub News reports that on-chain data visualization platform Bubblemaps has released BMT tokenomics, with a total supply of 1 billion tokens, of which 26.3% is allocated to the ecosystem and community, 24.3% to investors, 22.2% for Airdrop, 12.2% for Liquidity, 9% to the team, and 6% for protocol development and research.

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2h ago

Techub News, DeSci protocol Bio Protocol announces that Bio V1 is under development, aiming to deploy Mainnet on Solana and Base in the coming weeks. The V1 protocol will consist of various components, including launchpad, Liquidity Engine, and BioAgents (AI scientific agents integrated with BioDAO).

DESCI-0.52%

BIO-1.71%

SOL2.35%

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2h ago

Techub News, Lens Chain announced that it has passed the vote to join the Elastic Network on ZKSync, and the Mainnet is about to be launched.

ZK-4.1%

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3h ago

Techub News message, on-chain data visualization platform Bubblemaps announced that BMT Token has been launched, and disclosed the contract Address of the Token on Solana and BNB Chain.

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BNB-0.34%

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3h ago

Techub News reported that the Department of Financial Protection and Innovation (DFPI) in California, USA, announced the joint shutdown of 26 fraudulent Crypto Assets websites, involving losses of $4.6 million. In addition, based on more than 2,668 complaints submitted by consumers in California and across the United States in 2024, DFPI has identified seven new types of fraud. Meanwhile, the California Department of Justice announced the closure of 42 fake Cryptocurrency websites operated by national fraudsters in 2024, involving losses exceeding $6.5 million.

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5h ago

ULTILAND Incentive Network S01 is about to go live, early participants will receive more benefits
TECHUB News, Web3 art and cultural IP innovation launch platform ULTILAND will officially launch the first phase of the miniARTX airdrop mission ecological plan, restructuring user participation paradigms through structured incentive mechanisms, to create an open, transparent, and sustainable ecological value co-creation system. During the incentive period, early participating users will receive more preferential benefits. The 'interact-incentivize-interact-incentivize' value cycle is open to ever

IP3.41%

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5h ago

Has cross-chain bridges lost their appeal? Why does Orbiter want to do L2?

The report released by Tiger Research pointed out that Orbiter Finance has a high market share in the Cross-Chain Interaction bridge market, but with the development of the layer2 market, it is turning to launch the Vizing layer2 chain. With the increasing importance of layer2 interoperability, Orbiter chooses to launch the Vizing chain, providing a more ambitious Cross-Chain Interaction asset interaction. The characteristics of this chain include Cross-Chain Interaction information communication between VAA, VEL, and Rollup, providing the possibility for asset interoperability between layer2. With the development of the Ethereum ecosystem, whoever can contribute value to the interoperability of layer2 will determine its position in the ecosystem.

The abstract is generated by AI

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5h ago

Techub News reported that Pierre Gramegna, Managing Director of the European Stability Mechanism (ESM), stated after the Eurogroup meeting on Monday that the support of Cryptocurrency by the US government under the leadership of President Trump may harm Europe's monetary sovereignty. Pierre Gramegna said, 'The US government's support for Cryptocurrency, especially stablecoins denominated in US dollars, may raise some concerns in Europe.'

ESM is an intergovernmental institution aimed at providing financial assistance to member countries facing financial crises, with the aim of safeguarding th

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