Lightning Updates to Taproot Assets v0.6, Evolving Into a Multi-Asset Network Focusing on Stablecoins
Lightning Labs has announced the release of Taproot Assets v0.6, marking an advancement as the first multi-asset Lightning protocol on the Bitcoin mainnet. This update allows for the minting of assets, such as stablecoin...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Binance Labs-backed Initia hacked again, $3.3M lost in three weeks
The Initia blockchain was halted Tuesday morning after suffering its second security incident in less than three weeks. An infrast...
Lombard Systems Raises $4M to Make Tokenized Assets Easier to Borrow Against
TL;DR: Tokenizing an asset is only the beginning; financing it is another problem entirely. Lombard Systems announced $4 million i...
Binance Freezes Out MEXC Four Weeks Before U.S. Transfer Ban Applies
Binance announced Tuesday that it is refusing to move money to or from the crypto exchange MEXC and its affiliated companies. The...
Ava Labs exec says NYSE deal marks end of blockchain’s ‘general purpose era’
The NYSE's move to adopt a specialized blockchain signals a shift towards tailored blockchain solutions, potentially reshaping fin...
Goldman, Citi and Other Banks Reportedly Fund $270 Million Stablecoin Initiative
The stablecoin venture that 21 financial firms unveiled in September has about $270 million in commitments from its backers, with...
Monad Is Now a Settlement Option in Visa’s Stablecoin Program
Monad, a Layer 1 (base-layer) blockchain, is now one of the networks that banks and payment firms in Visa’s stablecoin settlement...