Key Highlights The Threshold Network has begun restoring onchain operations for its tBTC bridge following a nine-day security pause. Despite the bridge restart, an Aave reserve holding roughly $120 million in tBTC remains frozen, preventing new deposits and borrowing against the asset. The tBTC bridge is currently not accepting new deposits, minting, or redemptions until ...
Key Highlights: Jeonbuk Bank is launching South Korea’s first-ever bitcoin-backed loans denominated in Korean won. The bank will not hold the collateral directly, utilizing registered domestic virtual asset custodians and third-party liquidation frameworks to mitigate direct exposure. The service represents an initial milestone in Jeonbuk Bank President Park Chun-won’s strategic “Crypto Bank” initiative. South Korean ...
Cryptocurrency exchange Gemini has won an arbitration case brought by a customer over the collapse of its Gemini Earn lending program, according to a CNBC…