BitGo to Custody vBTC.b Under MOU With VerifiedX, Targeting Institutional Bitcoin on Base
VerifiedX and BitGo have signed a non-binding MOU to bring qualified institutional custody to vBTC.b, a canonical Bitcoin asset deployed on Coinbase's Base L2.
Marcus Feld is CoinScoop's DeFi and on-chain analyst. He digs into L2 activity, stablecoin flows and protocol revenue, translating raw chain data into plain-English calls.
VerifiedX and BitGo have signed a non-binding MOU to bring qualified institutional custody to vBTC.b, a canonical Bitcoin asset deployed on Coinbase's Base L2.
The US and UK Treasuries jointly recommend full 1:1 liquid-asset backing for stablecoins via the Transatlantic Taskforce — a major regulatory alignment signal, though non-binding.
Velocity closes a $38M Series A led by Dragonfly and FirstMark, with Coinbase Ventures joining, to build enterprise stablecoin treasury and payments infrastructure.
The UK formally adopts a 'no gain, no loss' CGT treatment for crypto lending and DeFi liquidity pools, effective April 6, 2027, deferring tax until economic disposal.
A bad actor created ~2,500 phantom fee positions on Uniswap v4 token Prism, siphoning nearly 40% of protocol fees and triggering a 90%+ single-day price crash before the team redeployed.
Hyundai completed a live USDT treasury settlement pilot between the US and Mexico, making it one of the first major automakers to use stablecoin rails for cross-border corporate payments.
Stephen 'Cap' Newnham, Superteam UK lead, is running as an independent in the Clacton by-election against Nigel Farage on an onchain transparency and pension self-custody platform.
The ABA and state banking groups sent a joint letter July 13 urging Senate lawmakers to tighten the CLARITY Act's stablecoin yield provisions ahead of a July 17 House hearing.
Unverified Reddit reports claim MULTI/DEX has launched in Play Mode — an AI-powered, non-custodial multi-chain DEX on DFINITY's Internet Computer Protocol.
Cap's stablecoin protocol slashes its Stabledrop airdrop from $12M to $4.2M after the founder admits he committed to the figure before funding was secured.