Indian Politician Calls for Bitcoin Reserve Pilot as US, Bhutan Adopt Crypto Strategies

The national spokesperson for India’s ruling party called on the country to consider launching a Bitcoin reserve pilot, saying that it would be a strategic step toward economic resilience.  In an article for India Today, Bharatiya Janata Party (BJP) spokesperson Pradeep Bhandari said the US strategic Bitcoin (BTC) reserve and Bhutan’s state-led mining operations signal…

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What Is Ironfish (Iron) Crypto?

Ironfish (IRON) crypto has been making a notable impact in the decentralized finance sector, attracting a growing community of users and investors. By leveraging blockchain technology, Ironfish aims to redefine financial transactions in a new light. Among the myriad of cryptocurrencies available, Ironfish stands out for its unique features and approach within the digital asset…

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Banking giant Barclays to block all crypto transactions on credit cards over debt and fraud concerns

Key Takeaways Barclays has prohibited customers from using their cards for any crypto transactions. The move is a risk mitigation strategy and reflects Barclays’ cautious stance toward crypto-related activities. Share this article British banking giant Barclays will stop processing crypto transactions on its credit cards starting Friday, June 27, according to a notice published on…

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Stablecoin Protocol Resupply Suffers $9.5M Exploit

Resupply, a decentralized stablecoin protocol linked to major DeFi players Convex Finance and Yearn Finance, has suffered a $9.5 million exploit. Blockchain security firms, including BlockSec Phalcon and CertiK, sounded the alarm, detailing an attack leveraging exchange rate manipulation in a low-liquidity market. Exploit Details According to Phalcon, the attacker artificially inflated the price of…

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Mortgage giants Fannie Mae, Freddie Mac directed to consider crypto as valid assets for home loan eligibility

Key Takeaways The US housing finance regulator wants Fannie Mae and Freddie Mac to draft plans that treat crypto as part of a borrower’s assets for mortgage review. Crypto holdings can be counted directly in mortgage underwriting if the proposals are approved. Share this article The US Federal Housing Finance Agency (FHFA) has directed mortgage…

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