Cryptocurrency Live News & Updates : VeChain Integrates Wanchain for Cross-Chain Connectivity
VeChainThor has partnered with Wanchain to establish a cross-chain bridge, enabling connections to over 40 blockchains and enhancing liquidity for its native tokens. In a significant development, VeChainThor has integrated Wanchain as a cross-chain bridge partner, allowing it to connect with over 40 blockchains, including major networks like Bitcoin and Ethereum. This move aims to enhance liquidity for VeChain's native tokens, VET, VTHO, and B3TR, and expand their adoption across decentralized finance platforms. Meanwhile, Bitcoin has reached a new all-time high, trading above 113,000 USDT, reflecting the growing interest in cryptocurrencies. On the institutional front, NRW.BANK has issued a €100 million blockchain bond on the Polygon network, marking a notable step towards the acceptance of digital securities in Europe. Additionally, the U.S. Treasury has repealed the cryptocurrency broker reporting rule, signaling a shift in the regulatory landscape for digital assets. The U.S. administration is also advocating for dollar-pegged stablecoins to bolster the dollar's global standing, amidst rising international resistance. These developments highlight the evolving dynamics in the cryptocurrency space, with significant implications for liquidity, regulatory frameworks, and institutional adoption. Show more
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
2 hours ago
- Economic Times
Cryptocurrency Live News & Updates : Base Surpasses Solana in Daily Token Launches
03 Aug 2025 | 11:40:12 PM IST Base has overtaken Solana in daily token launches, fueled by Zora's Creator Coins and Coinbase's Base App rebranding, which has attracted nearly 3 million traders and $470M in volume. In a significant shift in the cryptocurrency landscape, Base, an Ethereum Layer 2 network backed by Coinbase, has surpassed Solana in daily token issuances, largely due to the rise of Zora's Creator Coins. The Base App's rebranding has driven user growth, resulting in over 1.6 million Creator Coins minted and nearly 3 million unique traders engaging with Zora. Meanwhile, the crypto market faced turbulence as Bitcoin stumbled, and Coinbase missed expectations, amidst growing momentum for stablecoin regulation. Additionally, a major revelation from Arkham highlighted a previously unreported Bitcoin hack from 2020, marking it as the largest crypto theft in history, with 127,000 BTC stolen from the Chinese mining pool Lubian. This incident raises concerns about operational security in the crypto space. As the market grapples with these developments, attention turns to cryptocurrencies like Pi, Cardano, and Flare, which are under scrutiny due to recent price movements and upcoming events. Overall, the dynamic interplay of innovation, regulation, and security continues to shape the evolving narrative of the cryptocurrency market. Show more
Time of India
6 hours ago
- Time of India
Cryptocurrency Live News & Updates : Base Surpasses Solana in Daily Token Launches
03 Aug 2025 | 11:40:12 PM IST Base has overtaken Solana in daily token launches, fueled by Zora's Creator Coins and Coinbase's Base App rebranding, which has attracted nearly 3 million traders and $470M in volume. In a significant shift in the cryptocurrency landscape, Base, an Ethereum Layer 2 network backed by Coinbase, has surpassed Solana in daily token issuances, largely due to the rise of Zora's Creator Coins. The Base App's rebranding has driven user growth, resulting in over 1.6 million Creator Coins minted and nearly 3 million unique traders engaging with Zora. Meanwhile, the crypto market faced turbulence as Bitcoin stumbled, and Coinbase missed expectations, amidst growing momentum for stablecoin regulation. Additionally, a major revelation from Arkham highlighted a previously unreported Bitcoin hack from 2020, marking it as the largest crypto theft in history, with 127,000 BTC stolen from the Chinese mining pool Lubian. This incident raises concerns about operational security in the crypto space. As the market grapples with these developments, attention turns to cryptocurrencies like Pi, Cardano, and Flare, which are under scrutiny due to recent price movements and upcoming events. Overall, the dynamic interplay of innovation, regulation, and security continues to shape the evolving narrative of the cryptocurrency market. Show more
Time of India
19 hours ago
- Time of India
From global agreements to local action: India's opportunity to lead the way in VDA governance
The Virtual Digital Asset ( VDA ) ecosystem is one of the most exciting and rapidly growing sectors globally. What began with the publication of the Bitcoin whitepaper in 2008 has, in under two decades, evolved into a diverse and expansive global industry. Today, Bitcoin is just one component of a much broader landscape that includes tokens, smart contracts, decentralised finance, and blockchain infrastructure. India has emerged as a global leader in this ecosystem. It has consistently ranked first on the Chainalysis Global Crypto Adoption Index and is home to one of the world's largest Web3 developer communities, as highlighted in the Electric Capital Developer Report 2024. Explore courses from Top Institutes in Please select course: Select a Course Category Degree CXO Cybersecurity Data Science healthcare Artificial Intelligence PGDM others Finance Product Management Healthcare Data Analytics MCA Leadership Data Science Design Thinking Technology Digital Marketing Management Others Project Management Public Policy Operations Management MBA Skills you'll gain: Data-Driven Decision-Making Strategic Leadership and Transformation Global Business Acumen Comprehensive Business Expertise Duration: 2 Years University of Western Australia UWA Global MBA Starts on Jun 28, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Best Method for a Flat Stomach After Age 50 (It's Genius!) Akusoli Undo This sustained momentum presents a timely and strategic opportunity for India to engage with a technology that is rapidly moving from the margins to the mainstream of the digital economy. Crypto Tracker TOP COIN SETS Crypto Blue Chip - 5 -4.30% Buy Web3 Tracker -10.65% Buy DeFi Tracker -12.85% Buy AI Tracker -14.48% Buy NFT & Metaverse Tracker -14.67% Buy TOP COINS (₹) Bitcoin 9,909,089 ( -0.28% ) Buy BNB 65,168 ( -1.46% ) Buy Ethereum 301,137 ( -1.62% ) Buy Solana 14,066 ( -1.62% ) Buy XRP 250 ( -3.85% ) Buy During its G20 Presidency in 2023, India played a pivotal role in building global consensus on the need for a coordinated regulatory framework for VDAs—an urgent requirement at the time. Since then, most G20 jurisdictions have made significant progress. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » The European Union's landmark MiCA framework came into full force in December 2024, setting a global precedent. In the U.S., regulatory momentum has picked up, with the Securities and Exchange Commission (SEC) forming a dedicated Crypto Task Force, and a presidential executive order on the Bitcoin Reserve and the U.S. Digital Asset Stockpile pushing the agenda toward concrete legislative action. Live Events Most recently, on June 17, the U.S. Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. These developments highlight the critical role legislatures play in shaping emerging tech policy and demonstrate how both legislative and executive branches must work together to sustain regulatory momentum. In India, however, a formal discourse on regulating VDAs remains absent. The current framework is limited to AML/CFT oversight, a steep taxation regime, and a proposal to collect and exchange data on VDA transactions via the CARF (Crypto-Asset Reporting Framework). One of the glaring gaps in India's governance architecture is Parliament 's limited engagement with emerging technologies, particularly VDAs and blockchain innovations. It is noteworthy that between 2021 and 2025, of the 52,116 questions asked in the Lok Sabha, only 0.063% were related to cryptoassets, cryptocurrency, or VDAs. In the Rajya Sabha, this figure stands at 0.08% of the 32,398 questions from 2021–2024. As for debates, the 17th Lok Sabha saw only three discussions—two through Zero Hour speeches and one Special Mention. The ongoing 18th session has seen none so far. In 2021, Parliament did indicate its intent to develop a legislative framework on cryptoassets, but that effort did not move forward. Interestingly, India announced plans to release a Discussion Paper (DP) on VDAs in July 2024. The DP is a crucial first step; however, nearly a year has passed since the announcement, and the paper is still awaited. Its timely release, coupled with engagement from a proactive and informed Parliament, will be key to advancing this vision. With only a handful of MPs currently equipped to navigate the nuances of digital innovation, there is a pressing need to build institutional capacity for informed legislative engagement. The Honourable Lok Sabha Speaker recently underscored the urgency of these issues, highlighting the importance of appropriate regulatory systems, data privacy protection, and equitable tech access being discussed across national parliaments. The complexity of VDAs—spanning taxation, financial markets, security, privacy, and global compliance—requires robust and sustained parliamentary dialogue. Sustaining this momentum will require improving MP awareness through briefing sessions, committee consultations, and cross-party engagement. India's ambitious 'Viksit Bharat' vision for 2047 hinges on inclusive growth and leadership in not only digital public infrastructure but also sunrise sectors such as AI, digital technology, and—critically—fintech. As VDAs become an integral part of this landscape, the forthcoming Discussion Paper presents a timely opportunity to chart a clear, forward-looking regulatory path. But turning this opportunity into action will require more than just policy intent; it demands a proactive, informed, and engaged Parliament. A strong legislative foundation—grounded in debate and cross-party collaboration—will be essential for India to not only keep pace with global developments but also lead in shaping the future of digital finance and technology governance. (R Venkatesh is Head of Public Policy at CoinSwitch, Saurya Mishra, LAMP Fellow, PRS Legislative Research and Monya is Senior Public Policy Analyst at CoinSwitch)
