Solv Protocol announced this week that it is migrating its entire tokenized bitcoin portfolio, including SolvBTC and xSolvBTC, from Layerzero to Chainlink CCIP. The move covers roughly $700 million in assets and affects bridge deployments on Corn, Berachain, Rootstock, and TAC networks. Layerzero support on those chains is being deprecated as the migration proceeds in phases. After an extensive security review, Solv is deprecating its Layerzero bridges and migrating to the most secure cross-chain solution in the industry, with SolvBTC and xSolvBTC now officially powered by Chainlink CCIP across all supported chains, the team wrote.
Iowa requires crypto ATM operators to hold money transmission licenses before running kiosks. Location reporting, fee disclosures, and consumer protection penalties expand state oversight authority. Enforcement actions may seek injunctions, compliance orders, and higher penalties against violators.
The National Tax Service (NTS) is currently finalizing the technical framework for tax collection. They are coordinating at a practical level by holding several meetings with the five major virtual asset operators (Dunamu, Bithumb, Coinone, Korbit, and Gopax) to prepare the draft.
Every single day, you see Merrill, you see Schwab, you see JPMorgan now they are allowing people to take out home mortgages against their bitcoin holdings at JPMorgan. This happened in a period of 18 months, my friends, he stressed, highlighting the expansion of the institutional adoption of Bitcoin.
Core Scientific's agreement to acquire Polaris DS LLC, a bitcoin mining operator that controls 440 megawatts of contracted power through Oklahoma Gas & Electric. The site is already energized and actively operating, allowing Core to potentially accelerate delivery timelines for future AI customers compared with greenfield developments that can take years to secure utility approvals and transmission access.
Withdraw Protection is a user-activated lock that halts all onchain withdrawals from a Binance account for a period between one and seven days. The default window is 48 hours. During that time, account access and trading remain fully available, but only outgoing crypto transfers are blocked.
