10-10
Sui's Hashi Launches With $500M to Turn Bitcoin Into Productive DeFi Collateral Markets
Hashi, a cross-chain bridge project in the Sui ecosystem, has gone live. In its first phase, the project is bridging $500 million worth of Bitcoin to the Sui network. The goal is to make Bitcoin a yield-bearing collateral asset within DeFi protocols. The launch is intended to raise Bitcoin's capital efficiency in decentralized finance markets and expand Sui's on-chain locked value, while opening up non-custodial Bitcoin lending and yield use cases.
SUI
SUI-2.15%
10-10
10-9
Ledger adds Crypto Loan feature to borrow USDC or USDT against Bitcoin while keeping self-custody
Ledger said it has launched a new feature that lets users borrow stablecoins using bitcoin as collateral without giving up self-custody. The Crypto Loan feature allows Ledger Wallet users to post wrapped bitcoin and borrow USDC or USDT inside the app, with all loan actions confirmed on a Ledger hardware device. The tool is powered by the on-chain lending network Morpho and is integrated via Yield.xyz, Ledger said. Ledger also added direct access to Morpho’s lending markets and curated vaults across Ethereum and major layer-2 networks for depositing, borrowing and earning.
BTC
BTC-0.66%
10-9
10-8
CFTC Categorizes XRP and Stellar as Digital Commodities Alongside Bitcoin and Ethereum
The U.S. Commodity Futures Trading Commission (CFTC) has categorized Ripple’s XRP and Stellar’s XLM as digital commodities alongside Bitcoin and Ethereum. The move reflects the CFTC’s stance on how certain digital assets should be classified, but it does not carry formal legal force. Whether XRP is a security still depends on court rulings and the U.S. Securities and Exchange Commission’s determination, leaving markets cautious about drawing firm conclusions from a single agency’s statement.
XRP
XRP-0.43%
10-8