Bitcoin DeFi Project BOB, LayerZero Enable BTC Transfers Across 11 Major Blockchains

Decentralized finance (DeFi) protocol Build on Bitcoin (more commonly known as “BOB”) unveiled a system that lets bitcoin (BTC) holders move their assets into decentralized trading apps with a single click, the companies said on Tuesday. “BOB Gateway” connects native Bitcoin to LayerZero’s “omnichain fungible token” (OFT) version of...
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Bakkt Shares Still Look Cheap After 170% Rally: Benchmark

Bakkt (BKKT) may have surged 170% in just two weeks, but one Wall Street firm says the rally hasn’t erased the stock’s upside potential. Broker Benchmark raised its price target on the crypto infrastructure company to $40 from $13, while reiterating its buy rating on the stock. The shares...
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Visa explores stablecoins for faster cross-border settlement

Stablecoins are moving further into mainstream finance, with Visa Direct unveiling a new pilot for faster cross-border payments. Visa Direct has launched a stablecoin prefunding pilot, allowing businesses to move money globally by using stablecoins. Per its September 30 announcement,…...
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