Lightning labs set to ‘Bitcoinize The Dollar’ with stablecoins on Bitcoin

Lightning Labs is making significant strides towards ‘Bitcoinizing the dollar’, aiming to foster the creation of stablecoins and other assets on the Bitcoin blockchain through the use of the Lightning Network. Lightning Labs launched “Taproot Assets” on the mainnet, facilitating the issuance of stablecoins and other financial assets on the Bitcoin blockchain. According to the […]

Singapore Police seizes over $735 million in crypto

Singaporean authorities have detained 10 individuals, primarily with Chinese passports, on allegations of money laundering, resulting in the seizure of assets valued at approximately S$1 billion ($735 million), including cryptocurrencies. What you need to know: The arrests were made in connection with accusations of forgery, money laundering, and evading arrest. Law enforcement confiscated 94 real […]