LTC Gains Momentum as Coinbase Integrates Wrapped Tokens on Base Network

Coinbase has taken a significant step in expanding its ethereum layer-2 network, Base, by introducing wrapped versions of Cardano's ADA and Litecoin (LTC). These new tokens, cbADA and cbLTC, are fully collateralized by their native counterparts held in Coinbase custody, ensuring a 1:1 minting and burning ratio. With over 11,300 wrapped LTC and 2.9 million wrapped ADA already in circulation on Base, this move enhances liquidity and interoperability for these assets. Reserve audits will further ensure transparency and trust in these wrapped tokens. This development underscores the growing adoption of layer-2 solutions and the increasing integration of major cryptocurrencies like LTC into decentralized finance (DeFi) ecosystems. As of June 2025, this integration is expected to drive further interest and investment in LTC, solidifying its position in the evolving digital asset landscape.

Coinbase Expands Base Network with Wrapped Cardano and Litecoin Tokens

Coinbase has integrated Cardano's ADA and Litecoin onto its Ethereum layer-2 network Base through wrapped tokens cbADA and cbLTC. These assets are fully collateralized by their native counterparts held in Coinbase custody, with minting and burning executed at a 1:1 ratio. Reserve audits will provide transparency.

Over 11,300 wrapped LTC and 2.9 million wrapped ADA have already entered circulation on Base. The exchange previously enabled similar cross-chain functionality for Bitcoin, Ethereum, XRP and Dogecoin, building one of LAYER 2's most diverse asset ecosystems.

Wrapped tokens bridge blockchain interoperability gaps. While ADA and LTC operate on separate networks, their wrapped versions unlock Ethereum-compatible DeFi applications - from yield farming to decentralized trading - without requiring holders to liquidate original positions.

With Base's TVL surpassing $3 billion, protocols may introduce liquidity incentives for these new assets. The MOVE signals growing institutional recognition of multi-chain interoperability as a catalyst for decentralized finance adoption.

Coinbase Warns ADA, LTC Holders Over Wrapped Tokens on Base

Coinbase has issued a cautionary alert to Cardano and Litecoin investors regarding the launch of wrapped tokens on its Base Layer-2 blockchain. The new cbADA and cbLTC tokens, designed to bridge ADA and LTC into Base's ecosystem, are backed 1:1 by reserves. However, the exchange warns of potential fraudulent imitations.

The initiative aims to expand DeFi utility for these assets, mirroring previous wrapped token launches for Bitcoin, Ethereum, XRP, and Dogecoin. Base's rapid growth underscores Coinbase's push to enhance cross-chain functionality while mitigating risks for users navigating this evolving landscape.

Top 7 Live Dealer Crypto Casinos for Unforgettable Wins in 2025

The fusion of live dealer games and cryptocurrency is redefining online gambling. High-definition streams of professional dealers combined with blockchain's transparency and speed create an unparalleled gaming experience. These platforms offer verifiable fairness, human interaction, and the convenience of digital access.

Leading live dealer crypto casinos are leveraging this synergy to attract players seeking both thrill and trust. The integration of cryptocurrencies like BTC, ETH, and LTC ensures fast transactions and enhanced security. As the sector evolves, these platforms are setting new standards for immersive, tech-driven entertainment.

Crypto Market Advances as Bitcoin Holds Above $107K; US Mortgage Regulators Eye Crypto Assets

Bitcoin consolidated gains above $107,000, briefly touching $108,000 before settling at $107,885—a 2% daily increase. Ethereum climbed toward $2,500, trading at $2,480 amid broad market strength. Solana edged up to $145 while XRP gained 1% to $2.19. Cardano outperformed with a 2% rise to $0.571, though Dogecoin remained stagnant.

Notably, Polkadot, Chainlink, and stellar bucked the upward trend with declines. Litecoin defied the bearish pressure with marginal gains. The market's resilience coincides with a landmark policy shift: US mortgage giants Fannie Mae and Freddie Mac will now include cryptocurrency holdings in risk assessments for single-family loans under new FHFA directives.

JAMining Launches FCA-Regulated Cloud Mining Contracts Amid Bitcoin's Rally to $108K

Bitcoin's surge past $108,000 has reignited global crypto investment interest, prompting FCA-regulated platform JAMining to unveil AI-driven cloud mining contracts. The London-based firm's automated system selects optimal cryptocurrencies and strategies, offering exposure to BTC, ETH, SOL, XRP, LTC, and Doge without hardware management.

Regulatory compliance distinguishes JAMining in a volatile market. As an FCA-registered entity, the platform guarantees fund security and transparent operations while capitalizing on crypto's upward momentum. The service arrives as institutional and retail investors alike seek regulated entry points into digital asset markets.