“First Bitcoin-backed synthetic dollar to launch with 25% yield”

TLDR: USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities.

Here’s the details:-

First Bitcoin-backed synthetic dollar to launch with 25% yield

USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% APY yield sustainable in the long term?

cointelegraph.com/news/hermetica-usdc-bitcoin-backed-synthetic-dollar

“South Korea stops short of allowing crypto in updated donation laws”

TLDR: A dormant Bitcoin address dating back to the era when Satoshi Nakamoto was still active has woken up after 10 years.

Here’s the details:-

Satoshi-era dormant Bitcoin address wakes up after 10 years

Over the past couple of years, numerous Satoshi-era wallets have been activated only to transfer the BTC holdings to a new address.

cointelegraph.com/news/satoshi-era-dormant-bitcoin-address-awakens-transfers-43-9m

TLDR: Department store gift vouchers, stocks and loyalty points from tech giants can be donated to charities, but not crypto.

Here’s the details:-

South Korea stops short of allowing crypto in updated donation laws

The South Korean Ministry of Public Administration has amended its donations legislation, leaving out crypto as an option.

cointelegraph.com/news/south-korea-stops-short-allowing-crypto-donation-laws

Disclaimer:

This content is for informational purposes only. Such information should not be construed as legal, tax, investment, financial, or other advice.

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