NewsDeFi protocol Synthetix has announced the launch of its SNAXchain application chain, built on the Optimism Superchain infrastructure. SNAXchain will serve as a neutral hub for governance and protocol decision-making. To manage the network's infrastructure, Synthetix has partnered with Conduit and Wormhole, enabling cross-chain messaging between SNAXchain, Optimism, and the Ethereum mainnet.Roblox Corporation has announced two major updates: developers can now offer paid games for purchase in fiat currency, expanding payment options beyond Robux tokens. Additionally, Roblox has partnered with Shopify, allowing players to purchase physical goods within games, further enhancing the in-game economy.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false"...

NewsAccording to cybersecurity company McAfee, a new Android virus named SpyAgent is capable of stealing private keys stored in screenshots and images on a smartphone’s internal storage. The malware is spread through malicious links sent via text messages. These fake apps disguise themselves as banking, government, or streaming service applications. The virus activates once the infected software is downloaded.U.S. asset manager WisdomTree Investments has announced the withdrawal of its application to register an Ethereum Trust. The company, known for its presence in digital assets, had initially aimed to offer investors easier access to Ethereum through the trust. This decision coincides with VanEck's announcement to close and liquidate its Ethereum futures ETF (EFUT). These withdrawals suggest potential regulatory challenges or market uncertainties surrounding Ethereum-based products in the U.S.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||"...

NewsThe EigenLayer restaking platform has announced plans to distribute 86 million EIGEN tokens as part of its second stakedrop round. The allocation will be given to various participants, including stakers, node operators, ecosystem partners, and community members who were active between March 15 and August 15. The distributed tokens will represent approximately 5% of the fully diluted supply.At the large-scale Burning Man event in Nevada, the webcast team used the Livepeer decentralized video streaming project for live broadcasting. The team found that Livepeer offered a more reliable and cost-effective solution compared to traditional cloud providers. By using Livepeer Studio’s decentralized video infrastructure, they were able to provide a seamless stream of the event to a global audience.Three of Japan's megabanks—MUFG, SMBC, and Mizuho—are set to test an international stablecoin transfer platform aimed at facilitating faster cross-border settlements for businesses. The project will be operated by blockchain startup Progmat, in collaboration with Datachain and TOKI, to test cross-chain transactions. The platform will utilize the existing SWIFT API framework for integration.Sonic SVM, a gaming project on the Solana blockchain, has announced the development of its own framework, HyperGrid. To fund this initiative, Sonic plans to leverage the growing fundraising method of node sales. The sale of HyperFuse nodes is scheduled to begin in mid-September.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px"...

NewsThe Future Forward Political Action Committee (PAC) has partnered with Coinbase Commerce to accept crypto donations in support of Kamala Harris's vice-presidential campaign. Future Forward is one of the leading Democrat-aligned PACs, having raised approximately $164 million to date.Bitcoin infrastructure developer Blockstream has announced the launch of the third series of its security token, Blockstream Mining Note 2 (BMN2). BMN2 is an EU-compliant security token that provides exposure to Bitcoin hash rate generated by Blockstream's mining facilities, offered in collaboration with Luxembourg-based virtual asset provider STOKR.Mercuryo, a crypto payment infrastructure platform, has launched its Spend service in Europe, allowing users to create virtual debit Mastercard cards linked to their crypto wallets, integrated with Apple Pay or Google Pay. The card service supports 40 cryptocurrencies for payments across more than 100 million merchants in the Mastercard network.Global travel marketplace Skyscanner has integrated with blockchain-based Travala, enabling hotel bookings in over 100 cryptocurrencies. Travala’s inventory spans more than 2.2 million hotels across 230 countries, with 110 million monthly visitors. This integration gives Travala the opportunity to compete alongside major travel agencies like Expedia and Booking.com.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)"...

NewsNew details have emerged about World Liberty Financial, the crypto project linked to Donald Trump. According to the whitepaper, the project will be built on the Aave decentralized finance platform and the Ethereum blockchain. It will feature a non-transferable WLFI governance token and a lending protocol.The Penpie DeFi protocol, built on the tokenized yield platform Pendle, suffered a hacker attack, resulting in approximately $27 million in damages. The hacker stole various types of staked ETH, Ethena sUSDE, and wUSDC from the protocol, later converting them to ETH. Following the exploit, Penpie's token, PNP, collapsed.Samsung Next, the investment arm of the South Korean tech giant Samsung, announced an investment in Startale Labs. Startale Labs is developing the Sony Soneium blockchain in collaboration with the Japanese giant Sony. Startale Labs offers services including Astar Network, Soneium, and Startale Cloud Services. Samsung recognizes the effectiveness of the company's solutions in the realm of Web3 technologies.The Elixir modular blockchain project has announced the launch of its v3 testnet, the final version before the mainnet launch. Users can now run verification nodes to ensure the network's security. In July, Elixir also launched a decentralized synthetic U.S. dollar asset, deUSD.Shayne Coplan, CEO of Polymarket, announced that the Bloomberg Terminal has officially integrated Polymarket, the world's largest decentralized prediction market platform. This marks Polymarket's entry into mainstream news and financial sectors.Polygon developers have announced the migration of MATIC tokens to POL. POL is now the new ticker symbol for the native gas and staking token on the Polygon PoS chain. It retains MATIC’s existing tokenomics and the total supply of 10 billion tokens. This transition is a key part of Polygon’s development into a ZK chain and its integration with AggLayer.Leading crypto broker Binance has appointed Grant...

NewsAfter Elon Musk refused to name X's legal representation in Brazil, leading to the platform being banned in the country, Bluesky Social (Bsky), an American decentralized microblogging social platform, gained one million new users. Bluesky is based in the United States and is owned by Jay Graber. It was announced by Jack Dorsey in 2019 and opened to the public in February 2024. Since then, it has boasted over 7.6 million users.During a presentation at the Korean Blockchain Week, Ripple Labs announced that it would soon introduce smart contracts to the XRP Ledger Mainnet, bringing new functionalities to the network for NFTs, AMMs, and decentralized exchanges (DEX). Additionally, they plan to launch an XRPL EVM Sidechain in the coming months to build a versatile ecosystem and announced partnerships with Futureverse AI and Metaverse companies to integrate Ripple Custody.The company behind ZKsync, Matter Labs, has announced that it will be laying off 16% of its workforce, amounting to 24 employees. The decision was made in the interest of efficiency, as part of transitioning to the next phase of decentralization and defining the appropriate roles within the company.Web3 security company Hypernative, which helps identify and prevent hacker attacks, has raised $16 million in a Series A funding round led by Quantstamp. Other supporters included Bloccelerate VC, Boldstart Ventures, Borderless Capital, CMT Digital, IBI Tech Fund, Re7 Capital, and others. The company chose not to disclose its valuation.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px"...

NewsCardano, the layer 1 blockchain founded by Charles Hoskinson, has officially completed the first phase of the Chang hard fork, making it the first major blockchain to transition to a token-based decentralized governance system. Over the next 90 days, Cardano will undergo a complete transformation, after which ownership of the blockchain will be fully transferred to ADA token holders. This upgrade marks Cardano's entry into the final development phase, known as the Voltaire era.The Qatar Financial Centre (QFC) has established a comprehensive framework for the creation and regulation of digital assets. The regulations include the legal recognition of smart contracts, tokenization processes, and the legal acknowledgment of ownership rights over tokens and underlying assets. The framework also covers custodial agreements, transfers, and exchanges, ensuring that the digital asset ecosystem within the QFC is secure, transparent, and compliant with international standards.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)"...

NewsGreg Solano (Garga), CEO of Yuga Labs, announced the upcoming launch of "The Workshop," a program designed to develop innovative on-chain products for ApeChain. The initiative will follow a strategy similar to the one used by the Base blockchain, utilizing rapid product cycles and committing to dismantling unsuccessful projects. The first products from "The Workshop" are expected to roll out on ApeChain soon, hinting at the imminent launch of its mainnet.Two of the hottest platforms in the crypto market today are the Pump.fun memecoin launchpad and the Polymarket decentralized prediction marketplace. Since its launch in January this year, Pump.fun has generated a cumulative revenue of $100 million from over a million memecoins. Meanwhile, Polymarket saw higher trading volumes in August than all NFTs across chains combined, with the number of active traders steadily increasing since May as the 2024 presidential election approaches.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px"...

NewsGnosis Chain, one of Ethereum's oldest sidechains and a fully community-owned network, has announced that its members are reconsidering which asset should be used to pay network gas fees, currently paid in DAI, known as xDAI. Since MakerDAO plans to introduce USDS, a stablecoin that could potentially be frozen, as an optional alternative to DAI, this conflicts with Gnosis' commitment to decentralization. Alternatives under consideration include decentralized stablecoins like RAI and LUSD, or Gnosis' native token, GNO.SafeDAO, which manages a smart account infrastructure securing nearly $60 billion in assets, has announced plans to introduce a licensing fee model for protocols integrated into the Safe Wallet. The proposal, initiated by the Safe Ecosystem Foundation, marks SafeDAO's first step toward monetizing its ecosystem to generate dedicated revenue streams. Initially, the focus would be on monetizing the swaps function within the Safe Wallet, with projected annual revenue of $2.5 million through licensing fees.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px"...

NewsSingapore-based crypto broker Crypto.com has formed a partnership with Standard Chartered to enhance its users' access to U.S. dollars, euros, and UAE dirhams. These new global retail fiat services will be managed from Crypto.com's regional hub in Dubai and will be available in 90 countries.U.S. District Judge Alvin Hellerstein in Manhattan ruled in favor of Elon Musk in a lawsuit accusing him of misleading investors and engaging in insider trading by hyping dogecoin, allegedly causing billions of dollars in losses. The judge stated that Musk's tweets about dogecoin being the future currency of Earth, being able to buy Teslas with it, or flying to the moon with SpaceX were merely aspirational exaggerations, not factual statements containing false information.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px"...

NewsTelegram CEO Pavel Durov was formally charged by a French court yesterday. He was released on bail set at $5.56 million but is not allowed to leave the country and must report to the French police twice a week. The charges allege his involvement in managing a platform that facilitates illegal transactions for an organized crime group, a crime that carries a maximum sentence of 10 years in prison.The layer-1 blockchain Kaia, developed by Asia's two leading messaging apps, Kakao and LINE, has gone live. According to the announcement, the mainnet is the world's fastest EVM blockchain, offering one-second finality, extremely low gas fees, and support from leading Asian web3 partners. Developers on Kaia can build Telegram-like applications on the LINE messenger platform, which boasts a user base of nearly 250 million.The Renzo Protocol, originally built on Ethereum, has announced the launch of its governance token, REZ, on the Solana blockchain via Wormhole, leveraging its native token transfer framework. This integration expands the reach of Renzo's "liquid restaking token" technology and introduces the protocol to a new user base on Solana.The privacy-focused web browser and search startup Brave has announced layoffs affecting 27 employees, approximately 15% of its workforce. This marks the company's second round of layoffs in the past 10 months. Despite having nearly 80 million monthly active users and being particularly popular in the crypto industry, Brave remains relatively small compared to its larger competitors.Donald Trump has launched his fourth NFT trading card series titled "Series 4: The America First Collection." The series, consisting of 360,000 NFTs, was released on the Polygon network, priced at $99 per NFT. So far, the collection has generated over $2 million in revenue.Transak, a web3 payment infrastructure provider, has partnered with Sony Block Solutions Labs' Ethereum layer 2 network, Soneium, to offer fiat onramp...

NewsAccording to Tonscan on-chain data, The Open Network (TON) was unable to process transactions for over seven hours. The disruption was attributed to abnormal network load caused by the distribution of DOGS tokens, leading to network congestion and a loss of consensus. In response to the outage, Binance and Bybit temporarily suspended deposits and withdrawals on the network. However, the TON blockchain has since recovered and is once again producing blocks normally. Sony, the world's largest media conglomerate, is launching its first test network through its blockchain division, Sony Block Solutions Labs, on the Soneium network. Soneium is an Ethereum layer 2 network built on the Optimism tech stack, offering a cost-effective development environment for consumer-level applications. In the future, the ASTR token will be integrated as a key asset within their EVM-compatible Minato test network.Binance's blockchain network, BNB Chain, has launched the BNB Chain Bridge platform in collaboration with three cross-chain technology providers: Celer, deBridge, and Stargate. The bridge aims to enhance cross-chain interoperability and liquidity within the BNB Chain ecosystem, while also attracting more DeFi projects to the network.Hong Kong's HashKey Exchange has announced it has received approval to list AVAX and LINK crypto assets for retail customers. Previously, only BTC and ETH trading was allowed for non-institutional clients in Hong Kong. Trading for the AVAX/USD and LINK/USD pairs began on Wednesday morning.The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the OpenSea NFT marketplace, signaling that the agency may initiate enforcement action against it. The SEC contends that NFTs on OpenSea are securities, a classification that the platform disputes, arguing that NFTs are artistic creations, collectibles, video game items, domain names, event tickets, and more. In response, OpenSea has offered $5 million to...

NewsThe U.S. Securities and Exchange Commission (SEC) has reached a settlement with Plutus Lending LLC, operating under the name Abra, in a lawsuit initiated in July 2020. The lawsuit alleged that the company offered and sold unregistered crypto asset securities through its yield-generating service, Abra Earn, and operated as an unregistered investment company. Under the settlement, Abra will pay the civil penalties determined by the court and cease such activities.Rhodium Enterprises, a Bitcoin mining company, has voluntarily filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas, covering the parent company and six subsidiaries. According to the filing, the company's debts range between $50 million and $100 million, while its total assets are estimated to be between $100 million and $500 million. Rhodium's bankruptcy did not come as a surprise to its creditors, as the company had been struggling with financial difficulties for some time.The Maker protocol has officially rebranded itself as Sky and introduced its native governance token, Sky (SKY), as an upgraded version of the MKR token, designed for the broader Sky ecosystem. The DAI stablecoin is also undergoing a transformation and will now be known as USDS. Like MakerDAO, the Sky Protocol will remain decentralized and community-governed, offering users new innovations such as Sky Token Rewards (STRs) and the Sky Savings Rate (SSR).Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium"...

NewsPavel Durov, the founder and CEO of Telegram, was arrested on Saturday at Paris' Le Bourget airport. The French judiciary argues that the lack of content moderation on Telegram, the platform's failure to cooperate with law enforcement, and certain tools it offers—such as disposable phone numbers and cryptocurrencies—implicate Durov in drug trafficking, child crimes, and other frauds. Many, including the TON blockchain community, American journalist Tucker Carlson, and Elon Musk, have voiced their support for Pavel, emphasizing the importance of freedom of speech and decentralization.Less than 48 hours after Polygon's Discord server was hacked, the official Discord servers of the layer-1 blockchain Avalanche and layer-2 ZKsync were also breached. The hackers shared malicious links on both servers, promising fake, free tokens. The teams are working to restore both servers to normal. Due to the rise in such incidents, increased caution is advised for Discord servers. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)"...

NewsInstitutional asset manager Bitgo has announced plans to transfer control of WBTC (Wrapped Bitcoin) to a joint venture with BiT Global. This move will result in the custodial oversight being shared across multiple jurisdictions, including Hong Kong and Singapore, rather than being solely U.S.-based. As part of this transition, they are partnering with Justin Sun and the Tron ecosystem, giving him substantial influence over the joint venture managing WBTC.The Federal Reserve has initiated enforcement action against Customers Bancorp, one of the few crypto-friendly banks in the United States. The FED's 13-page enforcement order requires the bank to provide 30 days' notice before establishing any new banking relationships with crypto-related companies. This requirement enables the FED to control access to banking services, effectively deciding who can open accounts and who cannot, thereby significantly restricting the operational capabilities of crypto companies.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px"...

NewsTether plans to double its current workforce by mid-2025. The largest stablecoin issuer, with a market capitalization exceeding $115 billion, has operated with a relatively small team. Currently, their workforce consists of about 100 employees spread across 50 countries. However, next year, they intend to focus heavily on development, investments, and compliance standards. Regarding their presence in the EU, Tether's CEO, Paolo Ardoino, mentioned that the recently adopted MiCA regulations pose a threat to both banks and stablecoin issuers. As a result, they are currently only engaged in discussions with regulatory authorities.Solana's developers, validators, and client teams quietly coordinated to address a critical vulnerability by securing the majority of the network's stakes before publicly disclosing the issue. The fix allowed operators to independently verify and apply the necessary changes. The vulnerability was disclosed after 70% of the network implemented the fix, and Solana Labs issued a statement urging the remaining operators to update their systems.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left"...

NewsThe Cboe, joining three other exchanges, withdrew its option listing application for spot Bitcoin ETFs late Thursday, only to submit a significantly longer and more detailed application shortly afterward. This maneuver clearly indicates that the U.S. Securities and Exchange Commission (SEC) is involved in the process. According to James Seyffart, an analyst at Bloomberg Intelligence, options for spot Bitcoin ETFs are expected to become available in the fourth quarter of this year.The Democratic branch of the crypto industry has also begun vying for the votes of crypto enthusiasts, leading to the creation of a new Kamala Harris-supporting advocacy group called "Crypto for Harris." Among its members are left-leaning billionaire entrepreneur and crypto advocate Mark Cuban, SkyBridge Capital founder and Trump critic Anthony Scaramucci, as well as a handful of Democratic members of the House of Representatives.Modular data infrastructure provider Covalent has announced a strategic partnership with the Sei blockchain. The integration of Covalent's GoldRush stack into Sei's high-speed environment will enable more blockchain innovations while providing an efficient developer environment. Additionally, this partnership further strengthens Covalent's commitment to building a robust data infrastructure.Ripple has started testing its stablecoin, Ripple USD (RLUSD), on two blockchain networks, the XRP Ledger and Ethereum. Currently, the RLUSD has not yet received regulatory approval, so it is not available for commercial use. According to Monica Long, Ripple's president, the stablecoin will complement XRP's functions in the future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px"...

NewsIn a recent court ruling, Judge Analisa Torres ordered Ripple Labs Inc. to pay a $125 million civil penalty as part of its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The fine is related to the sale of XRP tokens to institutional investors. This penalty is significantly lower than the $2 billion the SEC had sought for violations of federal securities laws.The Democratic branch of the crypto industry has also begun vying for the votes of crypto enthusiasts, leading to the creation of a new Kamala Harris-supporting advocacy group called "Crypto for Harris." Among its members are left-leaning billionaire entrepreneur and crypto advocate Mark Cuban, SkyBridge Capital founder and Trump critic Anthony Scaramucci, as well as a handful of Democratic members of the House of Representatives.The NEAR Foundation, the nonprofit organization behind the NEAR blockchain, has announced the activation of Chain Signatures on its mainnet. This feature, which has been in testing since March, allows users with NEAR accounts to sign transactions across supported blockchains without the need for cross-chain bridges. This innovation makes applications faster and easier to use.A U.S. judge has approved a $12.7 billion settlement agreement between FTX, Alameda Research, and the U.S. Commodity Futures Trading Commission (CFTC). As a result, the defunct FTX crypto broker and its affiliated trading firm Alameda Research must pay a total of $12.7 billion in compensation to those who suffered losses due to violations of commodity trading laws.Franklin Templeton, in collaboration with the Arbitrum Foundation, has launched its OnChain U.S. Government Money Fund (FOBXX) on the Arbitrum network. Investors can gain exposure to the fund through the asset manager's Benji Investments platform using BENJI tokens. Initially launched on the Stellar blockchain, the fund expanded to Polygon in April, with plans to integrate more networks in the...

NewsCurio, a gaming studio building infrastructure for on-chain crypto games, has announced a successful $5.7 million funding round led by OKX Ventures, Bain Capital Crypto, and SevenX Ventures. Additionally, the studio has launched its flagship strategy game, Duper, on the Arbitrum One network.The Mysticeti consensus protocol, based on Directed Acyclic Graphs (DAG), has been deployed on the Sui mainnet. According to the announcement, this upgrade reduces consensus latency to 390 milliseconds, making Sui one of the fastest consensus layers in the industry. Mysticeti’s rapid transaction processing capabilities will now be extended to all transaction types on the Sui network.Crypto asset manager Grayscale has announced the launch of two new investment crypto funds: the Grayscale Bittensor Trust and the Grayscale Sui Trust. The Grayscale Bittensor Trust invests in TAO, the native token of Bittensor, which is central to the growth of decentralized artificial intelligence. The Grayscale Sui Trust focuses exclusively on SUI, the token of the Sui protocol that is redefining smart contract blockchains. With these two new products, Grayscale has expanded its list of investment offerings to 20.Donald Trump's two sons have joined the crypto bandwagon, teasing a major upcoming project that promises to shake up the crypto world. With a post stating, "Decentralized finance is the future, don't miss out," accompanied by the hashtag "BeDeFiant," they have stirred excitement among crypto enthusiasts. It appears that their announcements may be related to trademarks involving the term "World Liberty."Binance Labs, the venture capital and incubation arm of Binance, has announced an investment in the Solayer project, a Solana restaking protocol. Currently ranked as the 13th largest Solana protocol according to DeFiLlama, Solayer has attracted attention for its potential in the expanding restaking protocol space.Ethena Labs, the team behind the USDe...

NewsLondon-based Capula Investment Management has reported holding $464 million worth of shares in spot Bitcoin ETFs issued by BlackRock and Fidelity. As Europe's fourth-largest hedge fund, Capula manages approximately $30 billion in assets. The financial report reflects the firm's holdings as of the end of the second quarter.The Ronin crypto bridge service has been temporarily shut down following a whitehat attack in which $9 million worth of tokens were removed from the platform. According to a statement from the Ronin Network, the bridge will remain paused while they investigate the whitehats' report on a potential MEV (Miner Extractable Value) exploit. The bridge currently secures over $850M which is safe.The Starknet Foundation has announced that Diego Oliva has resigned from his position as CEO, a role he has held since March 2023. James Strudwick, who has been with the foundation since January 2024, will take over as CEO. According to the announcement, Oliva will stay on for a short period to assist with the transition.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px"...

NewsGibraltar-based crypto-friendly Xapo Bank has received its banking license in the United Kingdom and is now offering new banking services for users who wish to hold Bitcoin. According to the announcement, the bank is the first to launch a combined interest-bearing U.S. dollar and Bitcoin bank account, allowing customers to use it just like a regular bank account.The hybrid perpetual decentralized trading protocol X10, developed by former Revolut employees, has announced its launch on the StarkEx Layer-2 network. X10 has also created an intuitive trading mini-app for Telegram, allowing users to trade directly within the messaging app. To further enhance liquidity, X10 offers a transparent market maker program open to everyone, in collaboration with global fintech partners.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px"...

NewsFrance's financial markets regulator has started accepting applications from crypto asset service providers (CASPs) as part of the country's preparations for the Markets in Crypto-Assets (MiCA) regulations. Starting December 30, companies offering any of the ten crypto services will be required to hold a unified license to operate. This license will also serve as a European "passport," allowing companies to operate in other EU countries. Firms have until July 1, 2026, to transition to the CASP license.Mempool.space has launched an off-chain accelerator aimed at speeding up Bitcoin transactions. This new system operates outside the main blockchain and is designed to help users process "stuck" transactions, subject to an additional miner fee and service charge. Fees can be paid in Bitcoin via the Lightning Network or in fiat currency through Cash App, Apple Pay, or Google Pay.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px"...

NewsCrypto lender Genesis Global and its affiliated entities have announced the completion of their restructuring process under bankruptcy proceedings and will begin distributing $4 billion worth of digital assets among the remaining creditors. On average, Genesis victims will recover about 64% of their crypto assets, though the exact percentage varies depending on the specific coin.The U.S. Commodity Futures Trading Commission (CFTC) has issued a subpoena to Ben "BitBoy" Armstrong's company, Hit Network, as part of an investigation into fraudulent crypto activities. The CFTC has demanded that Armstrong provide all information related to activities involving 15 tokens promoted in his YouTube videos, including the BEN memecoin associated with him. This investigation is part of a broader effort to crack down on individuals involved in crypto-related fraud and related illegal conduct.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px"...

NewsDubai-based crypto broker Bybit has announced its exit from the French market, ceasing to offer its products and services in the country. The company cited difficulties in obtaining the necessary licenses following the tightening of regulations in August 2023, in compliance with the European Union's Markets in Crypto-Assets (MiCA) framework. French users have until August 13 to close all positions, after which only asset and fund withdrawals will be permitted.Ribbit Capital led a $50 million funding round for decentralized lending developer Morpho Labs, with participation from other investors including Coinbase Ventures, Brevan Howard, and Kraken Ventures. Morpho Labs' initial product, the Morpho Optimizer, enhanced available interest rates for Aave and Compound users but has since evolved into an independent financial infrastructure layer. Their latest product, Morpho Blue, a decentralized lending protocol, now boasts over $1.5 billion in Total Value Locked (TVL).MicroStrategy announced on Thursday that it has purchased an additional 12,222 bitcoins for $805.2 million since the start of the second quarter. The company also introduced a new key performance indicator for its bitcoin strategy. MicroStrategy's total bitcoin holdings now stand at 226,500, acquired at a total cost of $8.3 billion, averaging $36,821 per bitcoin.TokenPocket Wallet, a cryptocurrency wallet with over 25 million users, has announced a new feature that allows users to pay gas fees on the Tron blockchain in USDT instead of TRX. When initiating a transaction, TokenPocket Wallet will automatically use USDT to cover the gas fees. This automation eliminates the need for users to maintain a separate TRX balance for transactions, making the process smoother and more efficient.Following the recent merger of AI-focused ventures Fetch.ai, SingularityNET, and Ocean Protocol, the open-source Lumerin protocol has announced a partnership with Morpheus and Exabits to create a...

NewsThe messaging platform Telegram has launched an in-app browser that supports decentralized websites hosted on the TON network, along with the introduction of a mini-app store. Users can now switch between websites and the platform's messaging features, making Web3 instantly accessible to nearly one billion monthly users.The Bank for International Settlements (BIS) and the Bank of England have announced their latest project, Project Pyxtrial, which aims to track the reserves of asset-backed stablecoins and tokenized assets. The system operates as a proof-of-concept and requires collaboration among regulators, engineers, and issuers. However, it is not yet fully ready, as the "world is not yet prepared" for its implementation.OKX’s venture capital arm and the Aptos Foundation, the organization behind the Aptos Layer 1 blockchain, have launched a $10 million ecosystem growth fund. The initiative aims to accelerate Aptos' growth and promote the widespread adoption of Web3 technologies. The fund will primarily support an accelerator program run in partnership with Ankaa, focusing on high-quality projects and applications built on the blockchain.The Telegram clicker game Notcoin has announced a new story-driven game in collaboration with The Open Network (TON) NFT project, Lost Dogs. In this game, players will vote daily on decisions that shape the narrative of Lost Dogs over six weeks. As the game progresses, characters based on the Lost Dogs NFT collection will acquire special abilities and may even become "celebrities."Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px"...

NewsThe Lava Network, founded in 2022, has officially launched its modular blockchain, designed to facilitate the retrieval and transmission of blockchain data for other projects via RPC (Remote Procedure Call). The project has garnered support from prominent names such as the Filecoin Network, Starknet Foundation, and Cosmos Hub. Alongside the mainnet launch, the network conducted an airdrop of 55 million LAVA tokens to its community.Today marks the debut of Grayscale Investments' latest product, the Grayscale Bitcoin Mini Trust, which trades under the ticker "BTC" on the NYSE Arca exchange. This new trust was approved by the U.S. Securities and Exchange Commission (SEC) last week and is essentially a "spin-off" of the larger Grayscale Bitcoin Trust (GBTC). The Grayscale Bitcoin Mini Trust offers a more accessible entry point for investors, with Grayscale allocating a portion of the Bitcoin held in the GBTC to this new mini trust. GBTC shareholders will also receive shares in the Mini Trust proportionate to their existing holdings.Daylight, a decentralized physical infrastructure network (DePIN) project focused on energy distribution, has raised $9 million in a Series A funding round led by the crypto branch of venture capital firm a16z. The project is known to be building its protocol on Base, an Ethereum Layer 2 network incubated by Coinbase, and the testnet is already live. With this recent fundraising, the total funding has reached $13 million.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px"...

NewsNetherlands-based One Trading has received its trading license from the Dutch Financial Markets Authority (AFM), enabling the platform to introduce several new products in Europe, including crypto futures trading. One Trading will be the first regulated European derivatives crypto broker open to retail clients.The U.S. Securities and Exchange Commission (SEC) has informed Binance that it is seeking permission to amend its complaint to remove references to SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities. This step aims to avoid a court decision on the sufficiency of the claims regarding these tokens, indicating that they are not considered securities.The Ethereum layer-2 StarkNet derivative protocol, ZKX, has announced its shutdown due to low user engagement and insufficient revenue to cover operating costs. Additionally, flawed tokenomics resulted in a continuous decline in token value. ZKX, once the leading project on StarkNet, had received investments from over a dozen venture capitalists, including Huobi Ventures, Crypto.com, and Hashkey.The latest game from Yuga Labs-supported NFT gaming company, Otherside, launched last weekend but received mixed reviews. Project Dragon, a shooter game developed by a team backed with $450 million, faced numerous bugs, including aiming lag and general gameplay issues. Many players reported that the game was not enjoyable, leading to widespread disappointment.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off"...

NewsSlovenia has issued its first digital state bond worth €30 million as part of the European Central Bank's payment trial program. The four-month bonds, maturing on November 25, come with an interest rate of 3.65%. Settlement was carried out through the Bank of France's tokenized cash system, utilizing central bank digital currency (CBDC).21Shares has integrated the industry-standard Chainlink Proof of Reserve on the Ethereum mainnet to enhance transparency for the physical ETH reserves backing its 21Shares Core Ethereum ETF (CETH). This solution provides real-time reserve data publicly available through an off-chain feed directly sourced from Coinbase, ensuring asset integrity and building investor trust.DigitalX, the issuer of Australia's second spot BTC ETF, the DigitalX Bitcoin ETF (BTXX), has announced that it has chosen U.S. crypto broker Coinbase for custodial services for its spot Bitcoin ETF. This new partnership significantly expands Coinbase's role in managing global Bitcoin exchange-traded funds (ETFs).Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px"...

NewsAt the Bitcoin 2024 conference held in Nashville, Donald Trump promised in his speech that if elected, he would fully support the American crypto-asset industry, aiming to make the USA the world's leading crypto superpower. Additionally, he vowed to fire SEC Chairman Gary Gensler and prevent the United States from selling its bitcoin holdings, which he envisions as a strategic bitcoin reserve for the future. He also reiterated his previous promises to reduce the sentence of Silk Road founder Ross Ulbricht and to halt the further development of the central bank digital currency (CBDC) by the American government, as well as to support the development of stablecoins and bitcoin mining in the country.At the same Bitcoin 2024 event, Howard Lutnick, CEO of Cantor Fitzgerald, announced the firm’s plans to launch a Bitcoin financing division with an initial funding of $2 billion. The division will offer leverage to investors holding digital assets. Lutnick emphasized that Bitcoin should be traded globally like gold, without exceptions or restrictions.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px"...

NewsThe U.S. Securities and Exchange Commission (SEC) has approved Grayscale's second spot Bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Mini Trust, for listing on the New York Stock Exchange's Arca electronic trading platform. Trading under the BTC ticker, this product will feature a management fee of only 0.15%. On July 31, Grayscale will transfer 10% of the Bitcoin held by the Grayscale Bitcoin Trust (GBTC) to the Mini Trust. Current GBTC shareholders will receive proportional shares in the Mini Trust based on their holdings in GBTC.Ethereum core developer Peter Szilágyi has voiced strong criticism against the proposed PeerDAS update. According to Szilágyi, the update would hinder home stakers, typically those with simpler computing setups, from participating in the Ethereum network. „Ethereum research is murdering home stakers live in front of everybody," Szilágyi wrote on the social media platform X. "This is not something I signed up for when joining Ethereum." He added, "at this point I'd be happy to proven otherwise, but I feel Ethereum is losing the plot. The research team fully embraced the idea to centralise everything as long as it can be verified. Which is a cute charade: decentralised validation but centralised control."Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2"...

NewsThe mayor of Jersey City, New Jersey, has announced that a portion of the city's pension fund will be invested in Bitcoin ETFs, with the process expected to be completed by the end of the summer. This move follows Wisconsin's announcement in May that it holds $163 million worth of spot Bitcoin ETFs.Cardano's ecosystem organization, Intersect, has announced the introduction of Node 9.1.0. This update is described as the final version before achieving on-chain decision-making capabilities. This step advances Cardano's self-sustaining governance ecosystem and serves as a precursor to the Chang Hard Fork.StarkWare, the developer behind Ethereum's layer 2 solution Starknet, has announced a collaboration with Informal Systems to integrate the Cosmos-based Inter-Blockchain Communication (IBC) protocol. This integration will allow Starknet to connect with any IBC-compatible chain, including all chains within the Cosmos ecosystem and other compatible networks outside of it.BitFlyer Holdings has announced the completion of its acquisition of FTX Japan. The new business division plans to offer crypto custody solutions for institutional investors and aims to launch potential crypto-based exchange-traded funds (ETFs) in the future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1"...

NewsThe Bitcoin rollup protocol, BitcoinOS (BOS), has successfully executed the first zero-knowledge proof (ZK-proof) on the Bitcoin mainnet. This milestone represents a new era for the Bitcoin ecosystem and decentralized applications, enabling enhanced functionality and scalability on the Bitcoin mainnet without requiring modifications to the blockchain's base layer.HSBC's Australian division has informed its customers that it will block payments to crypto platforms. By doing so, HSBC joins a group of banks citing fraud prevention as the reason for avoiding the crypto industry. A year ago, Australia's four major banks—Commonwealth Bank, National Australia Bank, Westpac, and Australia and New Zealand Banking Group (ANZ)—also ceased supporting such transactions.Riot Platforms, a leading U.S. Bitcoin mining company, has announced its acquisition of Block Mining, a Kentucky-based mining firm, for $92.5 million. The purchase price includes $18.5 million in cash and $74 million in Riot common stock. This acquisition immediately boosts Riot's hashrate, as Block Mining operates two facilities in Kentucky with a combined capacity of 60 megawatts.The core team of the TON blockchain, in collaboration with Tonkeeper, has launched the W5 smart wallet standard, promising gas-free transactions on The Open Network (TON) blockchain. The upgrade to existing wallet-smart contracts allows users to pay gas fees with Tether for USDT transfers and with NOT for Notcoin transfers, reducing barriers for new users. The W5 smart wallet is now live in Tonkeeper and will soon be integrated into TON Space and MyTonWallet.AtariX, the web3 initiative of the pioneering video game company Atari, has partnered with the Base layer 2 blockchain team to bring the classic arcade game Asteroids to the blockchain. Asteroids, a multi-directional shooter space game released in 1979, will be among the first classic games to be playable through Base. Atari plans to bring more of its...

NewsOn their first trading day, the nine U.S. spot Ethereum ETFs recorded a net inflow of $106.7 million, with a total trading volume exceeding $1 billion. Notably, the Grayscale Ethereum Trust (ETHE) experienced a net outflow of $484.1 million. Among the inflows, Blackrock's ETHA led with $266.55 million, followed by Bitwise's ETHW at $204 million, Fidelity's FETH at $71.31 million, and the Grayscale Ethereum Mini Trust at $15.15 million.Lightning Labs has announced the release of Taproot Assets v0.4 on the mainnet, enabling the minting of digital assets such as stablecoins on Bitcoin. This version supports the Lightning Network, offering a cheaper and more secure settlement option for stablecoin users on the Bitcoin blockchain.Pavel Durov, CEO of the popular messaging app Telegram, announced that the tap-to-earn crypto game Catizen, backed by Binance Labs, has generated $16 million in revenue from in-app purchases. With over 26 million players worldwide, Catizen has decided to donate 1% of its revenue to rescuing stray cats.Luxury sports car giant Ferrari has extended its cryptocurrency payment option to Europe following its success in the U.S. Ferrari's European dealership network will start accepting crypto payments for their cars from the end of July. The company has partnered with BitPay to facilitate payments in Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC).The Russian parliament has passed a bill allowing the use of cryptocurrency transactions for international payments to maintain trade flow. Russia needs to expedite the development of its crypto payments infrastructure, as businesses require solutions, especially in cases involving sanctions, to access international markets using methods other than traditional ones.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3"...

NewsHIVE Digital Technologies, a cryptocurrency mining company, has announced plans to build a new 100-megawatt (MW) mining facility in Paraguay. This new facility is expected to increase their Bitcoin mining capacity by an additional 6.5 Exahash per second (EH/s), bringing their total global EH/s to 12.1 EH/s. HIVE currently operates data centers in Canada, Sweden, and Iceland.The U.S. Securities and Exchange Commission (SEC) has approved the launch of spot Ethereum exchange-traded funds (ETFs), with trading starting on July 23. Nine funds will begin trading, providing both institutional and retail investors the opportunity to purchase the second-largest cryptocurrency. ETH (ether) has a market capitalization of $400 billion and is the only token besides Bitcoin to have futures contracts traded on the CME exchange.Marathon Digital, one of the largest Bitcoin mining companies, has been fined $138 million following a lawsuit filed by Michael Ho, co-founder of US Bitcoin Corp and strategic leader at Hut 8 mining company. The lawsuit claims that Marathon failed to compensate them for proprietary information shared, thereby breaching their non-circumvention agreement.SingularityNET (AGIX), the world's first decentralized artificial intelligence network, has invested $53 million in a modular supercomputer. This supercomputer is planned to serve decentralized artificial general intelligence (AGI) and will be the first of its kind dedicated to AGI and artificial superintelligence research.The Noble blockchain and Ondo Finance teams have announced the launch of the Ondo US Dollar Yield (USDY) stablecoin on Cosmos. The USDY is a tokenized note backed by short-term U.S. Treasury bills and U.S. bank demand deposits, making it the first native yield-bearing dollar stablecoin in the ecosystem. With this launch, USDY will be accessible on networks such as Injective, Osmosis, Kujira, and Pyth.Related categories RecommendedYou...

NewsAnimoca Brands has announced a partnership between its two subsidiaries, the blockchain-based identity project Mocaverse and the MOCA Foundation, which oversees the MOCA token, with the TON Foundation. This collaboration will connect the two ecosystems and facilitate token exchanges to boost user activity between them. TON's vision of freedom in interactions strategically aligns with Animoca Brands' mission to promote digital ownership.CSOP Asset Management, one of China's largest asset managers, has launched Asia's first inverse Bitcoin futures product in Hong Kong, named the CSOP Bitcoin Future Daily (-1x) Inverse Product. The fund aims to provide investors with a method to profit from declines in Bitcoin's price. This product offers an investment opportunity that corresponds to the inverse daily performance of the S&P Bitcoin Futures index.Web3 gaming infrastructure startup NPC Labs has secured $21 million in funding from Pantera Capital, Hashed, and other investors. Founded in April this year by three former Coinbase employees, NPC Labs aims to expand the adoption of on-chain gaming through its B3.fun platform built on the Base blockchain.The Noble blockchain and Ondo Finance teams have announced the launch of the Ondo US Dollar Yield (USDY) stablecoin on Cosmos. The USDY is a tokenized note backed by short-term U.S. Treasury bills and U.S. bank demand deposits, making it the first native yield-bearing dollar stablecoin in the ecosystem. With this launch, USDY will be accessible on networks such as Injective, Osmosis, Kujira, and Pyth.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px"...

NewsGalaxy Digital Holdings (GLXY), led by Michael Novogratz, announced the acquisition of blockchain node operator CryptoManufaktur (CMF), including all its assets, as well as its operational and engineering teams. This acquisition aims to enhance Galaxy Digital's role in Ethereum staking, part of a broader effort to become a leading player in the blockchain infrastructure business.South Korea's first crypto regulatory framework has fully come into effect after a one-year grace period. Local crypto trading platforms are now required to hold at least 80% of user deposits in cold wallets, separate from their own funds. Cash deposits must be delegated to licensed banks, and platforms must maintain crypto-asset reserves equivalent in amount and type to customer deposits. Additionally, crypto businesses operating in the country must now have adequate insurance or create a reserve fund to prepare for hacks or liquidity crises.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px"...

NewsThe Chicago-based Cboe Exchange has announced the introduction of five spot Ethereum ETFs starting on July 23. These ETFs include the Fidelity Ethereum Fund, Franklin Ethereum ETF, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and 21Shares Core Ethereum ETF. The U.S. Securities and Exchange Commission (SEC) approved the regulatory changes on May 23 that allow for the listing of multiple spot ETH ETFs.Telegram CEO Pavel Durov has announced plans to support The Open Network (TON) blockchain. Later this month, he will introduce a mini app store and an in-app browser supporting web3 sites, provide opportunities for decentralized markets, and enhance efforts against crypto scams.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false" border_color_all_post="RGBA(255,255,255,0)"...

NewsZA Bank, the largest virtual bank in Hong Kong, has announced that it will provide reserve banking services to stablecoin issuers. The bank is currently in discussions with several stablecoin issuing companies, as the Hong Kong government requires these service providers to place mandatory reserve assets in local banks.Blockchain data network developer Chainbase has raised $15 million in a Series A funding round co-led by Tencent Investment Group, China's largest internet company, and Matrix Partners China. Chainbase describes itself as an omnichain data network that consolidates all blockchain data on a single platform. Its mainnet and governance token, CBT, are expected to launch in the fourth quarter of this year.Amy Berman Jackson, a judge of the United States District Court, issued a new order today requiring Binance.US to invest customer assets in U.S. Treasury bills, deemed a safe investment by the U.S. Treasury Department. Additionally, the crypto assets must be transferred to a third-party custodian not affiliated with the platform.Ryan Selkis, the founder and CEO of the crypto data platform Messari, has resigned from his position following a series of extreme pro-Trump comments posted on X (formerly Twitter). Among his remarks, he expressed hopes for "sending green card holders back" and labeled Vitalik Buterin as the "most naive and useless political commentator." Messari's CFO, Eric Turner, has taken over as CEO.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off"...

NewsThe bankrupt crypto lending platform BlockFi has announced that it will start its first interim crypto repayments via Coinbase in July, initially for U.S. customers only. The asset distribution will be processed over the next few months, and eligible customers will receive an email notification regarding their BlockFi account.According to a released statement, Gnosis Pay was affected by a data breach at customer verification service Fractal ID. Fractal ID was connected to at least eight crypto protocols, including Polygon, Ripple, and Near. The data indicates that approximately 0.5% of its one million users were impacted by the attack.State Street, one of the largest asset managers, has announced plans to introduce its own stablecoin and a deposit token representing customer deposits on the blockchain. This move aims to participate in blockchain-based payment settlements through tokenization.The U.S. Securities and Exchange Commission (SEC) has approved Grayscale's mini Ethereum ETF, which will be deployed with assets supporting the larger Ethereum fund. Grayscale's initial proposal was to convert the long-standing Grayscale Ethereum Trust into a spot Ethereum ETF. Currently, this crypto fund operates as a closed-end fund, making it more challenging to redeem shares. The mini fund may help alleviate some of the outflows expected from the larger fund's conversion.Polygon has announced that on September 4, 2024, it will undergo a mainnet upgrade, transitioning from the MATIC native token to a new token, POL. After the upgrade, POL will take over the role previously held by MATIC on the blockchain. Current MATIC holders on the Polygon PoS network will automatically transition to POL without user intervention. However, tokens on other networks and centralized exchanges (CEXs) will require a published migration procedure.WazirX, one of India's largest crypto trading platforms, has fallen victim to a hacking attack. Over $230 million worth...

NewsIn a recent interview, Donald Trump stated that he embraces the crypto industry because it benefits the country. He believes the United States should lead the global crypto race ahead of China or any other country. The Republican presidential candidate declared that crypto is here to stay and mentioned his plan to release another set of NFTs.Cypherpunk Holdings, a Canadian investment firm focused on crypto and blockchain technologies, has significantly increased its Solana holdings. According to a published report, they now hold 63,000 SOL, valued at approximately $14 million. The firm plans to operate its own Solana validator and stake the majority of its tokens with its own node.The bankrupt crypto broker FTX and the U.S. Commodity Futures Trading Commission (CFTC) have agreed on a $12.7 billion settlement, pending approval by a Delaware judge. As part of the agreement, the CFTC will not make any claims as long as FTX adheres to its reorganization plan. Consequently, FTX will pay up to $12.7 billion to affected parties, depending on the available resources.Cryptocurrency asset manager Grayscale has announced the launch of a new fund named Grayscale Decentralized AI Fund LLC, aimed at supporting investment initiatives related to artificial intelligence within the crypto industry. The fund will finance AI services, address issues related to centralized AI usage, and develop infrastructure linked to AI. The decentralized AI projects included in the fund's initial basket at launch are Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Currently, Near, Filecoin, and Render have the largest weight in the fund, with rebalancing planned on a quarterly basis.Maelstrom, a crypto venture capital fund led by BitMEX co-founder Arthur Hayes, has launched a new grant program for Bitcoin developers. The grants range from $50,000 to $150,000 per applicant. The program aims to promote the technical advancement of...

NewsDonald Trump, the Republican candidate for the U.S. presidency, has announced that he has chosen J.D. Vance, a crypto-friendly senator, as his running mate after careful consideration. This decision is seen favorably by those in the cryptocurrency market due to Vance's past efforts advocating for clearer regulations. J.D. Vance, a venture capitalist turned politician, has openly stated that he has been holding Bitcoin since 2022.According to Eric Balchunas, a leading ETF analyst at Bloomberg, new spot Ethereum ETFs are likely to launch next week, on Tuesday, July 23. The U.S. Securities and Exchange Commission (SEC) has requested issuers to submit their final S-1 filings with the appropriate fees by Wednesday, allowing them to apply for market listing after Monday's close. Several issuers have confirmed this information.Uniswap Labs, the organization behind the Uniswap decentralized finance platform, has publicly launched its wallet browser extension on Chrome, supporting 11 blockchains. Users can add the extension through the Google Chrome Web Store, then create a new Uniswap wallet or import an existing one.The crypto-AI startup Mira, which is building a decentralized AI infrastructure platform, has raised $9 million in a seed funding round co-led by Bitkraft Ventures and Framework Ventures. Other investors in the round include Accel, Mechanism Capital, Folius Ventures, and AJ Scaramucci's SALT Fund. The startup aims to assist developers in creating AI applications.Financial technology company Stripe has expanded its crypto services to the European market, allowing users to purchase various crypto assets, including BTC, ETH, and SOL, with a bank card. This expansion enables crypto companies to help European consumers buy crypto assets quickly and easily.The cross-chain LI.FI protocol has suffered another attack, losing approximately $9 million due to an exploit. The team is investigating the potential attacker and has asked users to...

NewsThe Open Platform (TOP) has invested an undisclosed amount in Akedo Games to support the development of Telegram games within the TON blockchain ecosystem. Akedo's first Telegram game, "Akedog," will launch on July 18. This game follows the "tap-to-earn" model, similar to the successful Hamster Kombat, allowing players to earn Akedog NFTs through gameplay. The initiative aims to leverage Telegram's extensive user base of 900 million.A dormant Bitcoin wallet containing 1,000 BTC, now worth over $60 million, made its first transaction in nearly 12 years on Sunday. The wallet received the Bitcoin in 2012 when it was valued at around $12,000. During the period of inactivity, the value of Bitcoin has appreciated by approximately 500,000%. The reason for the transaction and the identity of the wallet owner remain unknown.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||"...

NewsOn July 13, Tether, the stablecoin issuer, froze the TNVaKW Tron address holding over $29.62 million in USDT. Blockchain analysis firm Bitrace reported that the address is linked to the Cambodian crypto broker Huione. Huione’s Guarantee service is also reportedly connected to the Cambodian government, and it appears that its clients have been involved in fraudulent activities amounting to billions of dollars.Related categories RecommendedYou may also be interested in these articles!

NewsMakerDAO, one of the oldest DeFi protocols, has launched a new "Grand Prix" competition aimed at bringing $1 billion worth of tokenized assets onto its platform. Prominent market players such as BlackRock, the world's largest asset manager, along with Superstate and Ondo Finance, are keen to participate. According to an announcement, the initiative will primarily focus on investing in short-term U.S. Treasury bills and similar tokenized products.Abra, the trading platform with a controversial history involving past accusations of securities fraud and insolvency, has acquired several digital asset funds from Valkyrie, including private Tron and Zilliqa funds, which had previous sales of $50 million and $21.3 million, respectively. The plan is to list these products on public exchanges if market demand for investment instruments increases.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px"...

NewsCore, a Bitcoin-based layer 1 blockchain designed for EVM-compatible smart contracts, announced today a partnership with Animoca Brands, naming the company as a validator for the blockchain. Additionally, they will collaborate to facilitate the integration of dApps into the network to promote BTCfi innovation.The U.S. Securities and Exchange Commission (SEC) announced that it is dropping its three-year investigation into blockchain software developer Hiro Systems (formerly Blockstack), which raised $70 million through token sales between 2017 and 2019. Blockstack launched the first version of its Bitcoin layer 2 network, Stacks, along with its STX token, in 2018.Pixelverse, shortly after launching its Telegram-based crypto game, has raised an additional $2 million from venture capital investors such as Galaxy Interactive, Crit Ventures, and Arc Community. With a total backing of $7.5 million, the developers promise to expand with multiple product lines to ensure long-term sustainability. The game ecosystem plans its token generation event (TGE) for this summer.Blockchain payment startup Partior announced the completion of a Series B funding round, securing over $60 million led by Peak XV Partners (formerly Sequoia Capital India & SEA). New investors, including Valor Capital and Jump Trading, joined existing backers like JPMorgan, Standard Chartered, and Temasek. The fresh capital will help the company enhance its blockchain-based interbank real-time settlement and clearing system.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff"...

NewsFormer U.S. President Donald Trump has announced that he will be a speaker at the Bitcoin 2024 conference in Nashville, Tennessee. The event, one of the world's largest Bitcoin conferences, will take place from July 25 to 27. In recent months, the likely Republican presidential candidate has strongly supported the crypto industry, garnering backing from several prominent figures in the crypto space.The BitMEX crypto broker and derivatives trading platform, associated with Arthur Hayes, pled guilty on Wednesday to violating the Bank Secrecy Act. According to the U.S. Attorney's Office for the Southern District of New York, the company intentionally failed to establish, implement, and maintain an adequate anti-money laundering (AML) program. From 2015 to 2020, BitMEX operated as one of the world's leading crypto platforms without a compliant AML program as required by federal law. This led to Arthur Hayes, one of BitMEX's founders, being sentenced to six months of home detention in 2022.The websites of Compound Finance, one of the longest-running decentralized finance applications, and the crypto lending platform Celer Network were both targeted in attacks that redirected users to malicious phishing sites. Compound DAO's security advisor, Michael Lewellen, issued a community warning via X, advising users to avoid the platform's website. Celer also released a warning to its users.Oracle provider Pyth Network has launched Express Relay on the mainnet, providing a solution to the long-standing issue of Maximum Extractable Value (MEV), saving money for protocols and DeFi users. The solution was presented by Douro Labs and the Pyth Data Association today at the EthCC in Brussels.Business intelligence firm MicroStrategy, known for its significant corporate Bitcoin holdings, has announced a 10-for-1 stock split effective August 1. The company stated that this move aims to make its shares more accessible to investors. The distribution of the...

NewsAt the Ethereum Community Conference (EthCC) in Brussels, the new project TON Applications Chain (TAC) announced its plans to build a layer-2 network on the TON blockchain, supported by The Open Platform. A key feature of the TAC project is its compatibility with the Ethereum Virtual Machine (EVM), allowing developers who have built applications under the widely adopted Ethereum standard to easily port them to the new TAC layer-2 network within the TON ecosystem.Build on Bitcoin (BOB), a hybrid layer-2 project powered by Bitcoin and Ethereum, has secured $1.6 million in a strategic funding round led by Ledger Ventures. Various angel investors, including prominent figures from BlackRock, Ordinals, Aave, Magic Eden, and Injective, also contributed. Out of the funds raised, $1 million will be allocated to a BOB incubator aimed at supporting new startups focused on Bitcoin infrastructure and BOB dapps.Hypersphere Ventures, a crypto venture capital firm, has opened its recently launched liquid fund to external investors. The Atlas fund, currently managing $130 million in assets, is operated by multiple managers and aims to deliver a 40% return through various trading strategies, including DeFi, quantitative trading, market making, and arbitrage.AI platform developer SingularityNET has announced a partnership with the Filecoin Foundation, the governing body behind the Filecoin network. Their goal is to integrate AI into decentralized physical infrastructure networks (DePIN) while maintaining decentralization, AI ethics, and data authenticity. The partnership will also establish an AI ethics working group to ensure ethical AI development.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px"...

NewsThe Dubai Customs Authority is launching a new blockchain platform to eliminate supply chain frictions within and beyond Dubai's borders. This solution is part of Dubai's "smart" city development and implementation plan, reflecting their vision of making Dubai a global hub for trade and logistics.DigitalX, a wealth manager focused on digital assets, has received regulatory approval to launch a spot Bitcoin exchange-traded fund (ETF) in Australia, making it the second Bitcoin ETF traded on the Australian Securities Exchange (ASX). The product will be introduced on July 12 under the ticker BTXX.In the United States, asset managers involved in spot Ethereum applications, such as VanEck, 21Shares, BlackRock, Fidelity, Franklin Templeton, and Grayscale, have started submitting amendments to the SEC. The new S-1 registration statements mainly include minor changes related to custody arrangements. Trading is expected to begin around July 15.ZKM, a sister company of Ethereum layer-2 Metis, plans to introduce a new layer-2 solution for Bitcoin. The GOAT Network will utilize zero-knowledge technology and, according to the team, will be the first to launch with a decentralized sequencer and a shared ownership model. Network node operators will earn yields from gas fees and mining rewards in the form of the network's native GOAT token. The testnet is scheduled to launch this month.Zodia Custody, an institutional crypto custodian backed by Standard Chartered, has announced a partnership with the lending platform Maple Finance. Under the agreement, Maple Finance will use Zodia Custody as its preferred custodian for global lending agreements. The integration is expected to take effect in the near future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true"...

NewsThe German government's wave of Bitcoin sales continues. This time, they transferred 250 BTC to Bitstamp, 250 BTC to Coinbase, and an additional 500 BTC to an undisclosed, presumably OTC address, likely with the intent to sell. The German government still holds 38,826 BTC in known addresses, totaling approximately $2.17 billion in value.The web3 bug bounty platform Immunefi and the Ethereum Foundation have jointly launched the "Attackathon," a large-scale collaborative audit competition for the Ethereum network. The event features a time-bound code review program that involves top security experts. The Ethereum Foundation is supporting the reward pool with $500,000.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px" custom_margin="10px||||false|false" border_color_all_post="RGBA(255,255,255,0)"...

NewsJustin Sun, the founder of Tron, announced plans to develop a stablecoin that users can utilize without paying any fees. According to the concept, the gas fees will be entirely covered by the stablecoins themselves. The new product is slated to launch on the Tron blockchain in the fourth quarter, with plans to later expand to other EVM-compatible chains and Ethereum.The Bitfinex Securities digital asset platform will refund investors in the Hampton by Hilton hotel project at El Salvador's international airport, as it failed to raise the required minimum funding of $500,000 to continue. This project was supposed to be the first to be funded through publicly offered digital bonds. Bitfinex expects that the issuer will restructure the offer in the future.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px" date_line_height="20px"...

NewsThe crypto investment firm Multicoin Capital has announced plans to donate up to $1 million to support crypto-friendly Republican lawmakers. The donations will be pooled through The Sentinel Action Fund over the next 10 days, with the entire process managed by the crypto broker Gemini. Their goal is to back candidates who believe America should remain open to innovation. A wallet linked to the bankrupt crypto hedge fund Three Arrows Capital (3AC) inadvertently purchased an NFT nearly three years after making a bid. On August 21, 2021, the 3AC wallet placed a 20 ETH bid on the "Neon Village" NFT, which was accepted by the previous owner on Friday. It appears that the amount reserved for the bid was overlooked by the liquidator, Teneo, and was not included in the liquidation assets. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff" date_font_size="12px"...

NewsThe rehabilitation trustee of the bankrupt Mt.Gox crypto broker began Bitcoin and Bitcoin Cash repayments to some creditors through designated crypto brokers on July 5, 2024, in accordance with the rehabilitation plan. The announcement also noted that the repayments will not occur all at once, so some affected parties will receive their assets a bit later as conditions are met. The latest document from the Mt. Gox trustee indicates that creditors of the bankrupt platform may have to wait up to three months for their BTC or BCH repayments, depending on the crypto broker they submitted their claims to. Kraken has up to 90 days to process the payments, while Bitstamp might take up to 60 days. For BitGo, the payments will be visible within 20 days. Both SBI VC Trade and Bitbank will complete the payments within 14 days.Two former executives of Northern Data, Europe's largest bitcoin mining company, have filed a lawsuit against the firm, claiming they were wrongfully terminated after expressing concerns about the company's financial situation and suspecting tax fraud. Besides bitcoin mining, the company operates data centers used for artificial intelligence, but the allegations suggest questionable practices. Last fall, the company received €575 million in debt financing from the stablecoin issuer Tether. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)"...

NewsThe Central Bank of the Russian Federation (CBR) is actively discussing proposals that would allow for the official legalization of stablecoins for international transactions, aiming to simplify international payments for Russian companies. The focus is primarily on regulating the entire transaction chain, establishing a permanent regulatory framework rather than a temporary experiment.The technology conglomerate Opera has integrated the two largest stablecoins, USDT and USDC, into the crypto wallet of its Opera Mini mobile browser. The MiniPay stablecoin-based custodial wallet, Pockets, now allows for easy exchange and payment between Celo dollars (cUSD) and other stablecoins. Since MiniPay's launch last year, more than three million wallets have been activated, with the application being particularly popular in Africa.South Korea's financial regulator, in collaboration with local crypto trading platforms, has established a 24-hour surveillance system to detect suspicious activities and abnormal transactions in the crypto market. The new system will be implemented on July 19, alongside nationwide regulations aimed at protecting crypto investors. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination"...

NewsThe Aave decentralized autonomous organization has announced the launch of its new GHO stablecoin on the Arbitrum blockchain. This product launch is part of its cross-chain expansion strategy, with the hope that accessing the Arbitrum blockchain will increase the protocol's adoption. Assets available within the Aave Protocol can also be used as collateral for GHO. The developers of Bittensor (TAO), a decentralized artificial intelligence project, have shut down the blockchain following a hacker attack that drained multiple wallets. Transactions are currently suspended to allow the team to investigate the attack. So far, the damage amounts to approximately 32,000 native Bittensor (TAO) tokens, equivalent to 8 million dollars.Gala Games and Animoca Brands have jointly announced that they have signed a significant cooperation agreement to increase the use of the GALA token. The game software company and the venture capital investor Animoca Brands will collaborate on numerous developments, including providing liquidity services and facilitating the stable trading of GALA tokens in the crypto market. The decentralized oracle provider Chainlink has announced a collaboration with Fidelity International and the crypto bank Sygnum on a project focused on bringing net asset value (NAV) data on-chain. This partnership will provide transparency and accessibility to the NAV data of tokenized assets. The technology facilitates the secure storage and automatic synchronization of tokens' NAV data on the ZKsync blockchain, which is part of the Chainlink SCALE program. Consensys, the developer of MetaMask, has acquired the crypto security application Wallet Guard, which offers a browser extension for identifying real-time scams. The goal of the acquisition is to enhance the security of the popular MetaMask crypto wallet. The capabilities of the browser extension and its security engine will be integrated to protect users' wallets, digital assets, and...

NewsWeb3 payment infrastructure provider Transak has announced a partnership with Uniswap Labs to offer fiat on-ramp services to users through the Uniswap Wallet. This integration allows users to purchase crypto assets directly within the Uniswap Wallet, bypassing the need for transfers from centralized exchanges (CEX), potentially opening the door for new users. Stablecoin issuer Paxos' subsidiary, Paxos Digital Singapore, has received approval from the Monetary Authority of Singapore to provide digital payment token services. This key license allows Paxos to issue stablecoins in compliance with regulatory frameworks, marking a significant expansion in its global operations. Paxos has partnered with DBS Bank for cash management and custody of stablecoin reserves. PostFinance, a bank owned by the Swiss government, has announced the expansion of its crypto asset offerings. The bank has launched trading and custodial services for Ripple (XRP), Solana (SOL), Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT). This move is part of PostFinance's ongoing strategy to integrate digital assets into its services. Sentient, an open-source AI development platform, has raised $85 million in a seed funding round led by Peter Thiel's Founders Fund, Pantera Capital, and Framework Ventures. Among its primary supporters is Sandeep Nailwal, co-founder of Polygon, with Sreeram Kannan, founder and CEO of EigenLayer, serving as an advisor from day one. The Lombard Bitcoin restaking protocol has closed a $16 million seed funding round led by venture capital firm Polychain Capital. Lombard plans to use the funds to develop the Bitcoin restaking ecosystem alongside Babylon, its Bitcoin staking protocol. The company announced its intention to integrate its LBTC liquidity token into Ethereum DeFi protocols within the year. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid...

NewsAmber Japan, a crypto venture owned by one of Japan's largest technology companies, Sony Group, has rebranded itself as S.BLOX. The Tokyo-based company, acquired last year, is known for its WhaleFin crypto trading service. Plans involve collaborating with various Sony Group companies to further develop crypto trading services. The rebranding will include a redesigned user interface and a new, more user-friendly mobile application. The exact launch date for S.BLOX has not been announced. The blockchain division of Alibaba's fintech subsidiary, Ant Group, recently amended its company registration with Chinese authorities, increasing its registered capital from 100 million yuan to 1.5 billion yuan (approximately $206.4 million). Despite China banning crypto transactions in September 2021, the country remains open to developing its blockchain technology and digital economies. Consequently, Chinese tech giants like Alibaba and Tencent are focusing on developing their consortium blockchains. Crypto broker BingX has announced the extension of its partnership with Chelsea Football Club. Starting from the 2024/25 Premier League season, BingX will transition from being the club's sleeve partner to the official training wear partner for the men's team. The BingX branding will be prominently displayed on the front of the training wear, worn by both the players and the coaching staff during all training sessions. Gemini, the crypto broker founded by Tyler and Cameron Winklevoss, has signed a five-year sponsorship agreement with Real Bedford Football Club, co-owned by Peter McCormack. This sponsorship complements the $4.5 million investment made by Winklevoss Capital in the club this past April. As part of the deal, payments will be made in Bitcoin, aiming to support the club's success and improve opportunities for local children.Stablecoin issuer Circle has announced that it has received an Electronic Money Institution (EMI) license in the...

NewsIgloo Inc., the company behind the popular NFT project Pudgy Penguins, has acquired the on-chain platform Frame, which focuses on web3 creators. While the terms of the deal have not been disclosed, the acquisition's purpose is clear. The Frame team will join Igloo in developing a layer 2 network called Abstract Chain, which aims to foster culture and communities within the chain. The popular decentralized social media protocol Farcaster has introduced a new in-app payment feature that utilizes the USDC stablecoin for one-touch payments directly from user profiles or the app's messaging platform. This feature addresses the challenge of needing to find someone's alphanumeric wallet address for crypto payments. With this innovation, identifiers will be easily readable, simplifying the payment process. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px" date_font="|600|||||||" date_text_color="#ffffff"...

NewsU.S. District Judge Amy Berman Jackson in the District of Columbia dismissed the U.S. Securities and Exchange Commission's (SEC) allegations against Binance and its founder Changpeng Zhao (CZ) regarding secondary market BNB sales and the Simple Earn program, which claimed BNB assets qualify as securities. However, the judge allowed the lawsuits concerning Binance's BNB staking program, anti-fraud violations, and post-ICO sales of BNB to proceed in court.Related categories RecommendedYou may also be interested in these articles!

NewsCrypto broker Coinbase has partnered with payment company Stripe. As a result, Stripe will support Coinbase’s layer 2 network, allowing Base users to utilize USDC through Stripe to simplify fiat-to-crypto conversions and facilitate money transfers. Additionally, Coinbase will integrate Stripe’s fiat-to-crypto onramp into the Coinbase Wallet, enabling users to purchase crypto assets instantly with credit cards and Apple Pay. MegaLabs, the developer of the new blockchain MegaETH, has raised $20 million in a seed funding round led by Dragonfly, with participation from notable figures such as Vitalik Buterin and ConsenSys founder Joseph Lubin. MegaETH claims to be the first real-time blockchain, capable of processing transactions in real-time while maintaining full Ethereum compatibility. The goal of MegaETH is to achieve 100,000 TPS.The Aptos Foundation has announced a partnership with Alibaba Cloud to jointly develop Japan’s web3 ecosystem and improve regional accessibility. This collaboration has resulted in the creation of Alcove, Asia's first joint Move developer community, aimed at enhancing accessibility and fostering innovation across the region. Popular influencer and internet personality Logan Paul has filed a defamation lawsuit against YouTuber Stephen Findeisen, better known as Coffeezilla. The lawsuit stems from a 2022 three-part YouTube series about Paul's failed NFT game, CryptoZoo, alleging Paul's involvement in the crypto scam. The suit seeks $75,000 in damages, claiming that Paul was falsely accused to boost viewership. Yield App has announced that it will cease all activities on its platform and wind down operations. Community channels will also be suspended, leaving only a support channel open. The bankruptcy is attributed to the Yield App's assets being held on the collapsed FTX platform, and with the legal proceedings dragging on, the decision was made to shut down permanently. Asset manager 21Shares has followed...

NewsThe authentication project Worldcoin has partnered with the web3 infrastructure provider Alchemy to strengthen its own World Chain blockchain system, which is expected to launch soon. Through this partnership, World Chain developers will gain access to a comprehensive web3 development platform, which they claim is the most extensive known in the web3 space. The Danish Financial Supervisory Authority (DFSA), as part of its decentralized finance (DeFi) guidelines, plans to ban unregistered Bitcoin wallets with the implementation of MiCA. The regulator is concerned about the activities of unregulated platforms and aims to regulate all crypto platforms and service providers, including interface providers and mobile app developers. If this regulation is enacted, no trading platform will be allowed to offer Bitcoin wallets, DEX interfaces, or any other crypto-related products to Danish customers unless regulated by Denmark.USDC stablecoin issuer Circle has announced a strategic partnership with French digital asset service provider Adan. This partnership is in preparation for the official launch of the regulatory framework for the crypto assets market in Europe, as Circle is committed to adhering to the regulatory frameworks in various jurisdictions. The company has chosen France as its European base. The team behind the Bitcoin Virtual Machine has launched the ZK-proof BitZK paid service, which enhances Bitcoin scalability and enables developers to create rollups and migrate applications from Ethereum to Bitcoin. Zero-knowledge proofs are used on blockchains for data compression and have become the foundation for many of Ethereum's most popular rollups. The monthly fee for the service covers the memory, CPU, and storage costs associated with running Bitcoin layer 2. Asset manager VanEck has filed an application for an exchange-traded fund (ETF) that would track the price of Solana. The VanEck Solana Trust would be listed on the Cboe BZX...

NewsThe crypto infrastructure company Conduit has raised $37 million to support blockchain developers in creating customizable and reliable rollups. The Series A funding round was co-led by Haun Ventures and Paradigm, with participation from Robot Ventures, Credibly Neutral, Coinbase Ventures, and Bankless Ventures. The funds will be used to facilitate the development of layer 2 solutions that support useful on-chain products. The Blast Foundation has finally announced the long-awaited details of its airdrop. In Phase 1, scheduled for June 26, 17 billion BLAST tokens will be distributed. Of this, 7% will go to Blast Points holders who contributed to the protocol's liquidity by bridging ETH or USDB, another 7% will go to Blast Gold holders, and 3% will be allocated to the Blur Foundation, which will be retroactively distributed to the Blur community.The decentralized financial platform PancakeSwap, in collaboration with Allora Network, is launching an AI-powered prediction market on the Arbitrum network. Through Allora's machine learning capabilities, users will be able to predict ETH price movements on Arbitrum. Another AI project from PancakeSwap will debut in August, aimed at offering personalized investment strategies and real-time risk management to a broader audience.Mysten Labs, the team behind the Sui blockchain, announced a partnership with the custodian service provider Copper to expand its services for institutional players. The announcement revealed that Copper’s custodial support is now available for tokens created by Sui, such as the Ondo USD Yield (USDY) stablecoin. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)"...

NewsBerlin-based tokenization platform for real-world assets (RWA), Swarm Markets, announced that users can now purchase NFTs representing ownership of physical gold. The gold bars underlying these tokenized assets will be stored in a Brink's vault in London. These NFTs can be traded on Swarm’s decentralized financial platform, but users must undergo know-your-customer (KYC) and anti-money laundering (AML) processes.The defunct Mt. Gox has issued an official statement declaring that preparations are complete and repayments to creditors will begin in early July 2024. A total of $9 billion worth of BTC and BCH will be disbursed according to the plan. This procedure has sparked market concerns about the influx of supply, but the liquidators will coordinate the repayments with brokers. The specific execution details are still pending. The European Central Bank (ECB) has released a report on the development of central bank digital currency (CBDC). According to the report, payment service providers will not be allowed to use consumers' financial data without obtaining prior consent from the individuals. Additionally, offline transactions would be conducted without third-party intermediaries, relying on smartphones, smart cards, and bridging solutions. The popular Bitcoin payment app, Strike, founded by Jack Mallers, has launched its services in the United Kingdom. The "Send Globally" feature allows users to make fast and low-cost transfers using the Bitcoin Lightning Network. Strike is currently available in 100 countries worldwide, with its European launch having taken place in April. The Solana Foundation has announced the introduction of Solana Actions and the arrival of blockchain links, or "blinks." These links allow for a sharable interface required for a Solana transaction. This solution enables users to perform crypto transactions without leaving the website. The new feature can be used for crowdfunding, online shopping, and on-chain...

NewsStablecoin issuer Tether has announced that it will cease supporting USDT on the EOS and Algorand blockchains. The company stated that it is continuously optimizing processes for maintainability, usage, and community interest, leading to this decision. Users will have the next 12 months to redeem their USDT on these blockchains. Swiss digital asset infrastructure provider Taurus, which serves financial institutions such as Deutsche Bank, Credit Suisse, and Santander, has announced the expansion of its offerings to the Stellar network. The fintech company's "Taurus-CAPITAL" digital issuance and tokenization platform is now available on Stellar's open-source, public blockchain. This allows banks and issuers to launch and manage any tokenized assets on the Stellar network.Light Protocol and Helius Labs have jointly announced the launch of a new method for scaling Solana applications using a technology called "ZK Compression." This innovation works through a process known as state compression, allowing developers to store certain types of data on Solana’s cheaper ledger storage. This can make a compressed PDA account up to 160 times more cost-effective.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination"...

NewsOne of the largest Turkish cryptocurrency brokers, BtcTurk, has suffered a cyberattack. It appears that ten hot wallets were affected, primarily involving the theft of AVAX assets. Binance has announced its assistance in investigating the hack and has frozen over $5.3 million worth of stolen assets so far. Blockchain investigator ZachXBT estimates the damage at around $55 million. The stolen assets were linked to a large AVAX sale, sent to Binance and Coinbase, and then withdrawn as Bitcoin into two separate wallets. The popular cryptocurrency portfolio management app, CoinStats, has alerted its users about a malicious security incident on the platform, resulting in the vulnerability of created wallets. The company urges users to transfer their assets to another location as soon as possible, especially those who have exported their private keys into the app.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default" title_level="h5" title_text_align="left" title_font_size="16px" title_line_height="28px" excerpt_text_color="rgba(255,255,255,0.4)" excerpt_font_size="12px" excerpt_line_height="24px" author_font="|600|||||||" author_font_size="12px" author_line_height="20px"...

NewsCryptocurrency venture capital firm Pantera is launching a new TON fund, the Pantera TON Investment Opportunity, to further expand its exposure to the project. Participation in the fund required a minimum contribution of $250,000. Pantera stated that the network is still in its early stages, and they are keenly observing how Telegram users will integrate with the full ecosystem.Asset manager Fidelity has made a seed investment of $4.75 million in its spot Ethereum ETF, with shares purchased by its subsidiary, FMR Capital. The amended S-1 filing revealed that on June 4, FMR Capital acquired 125,000 shares at approximately $38 each, which the trust used to purchase 1,250 ETH. Details on fees have not been disclosed yet.The Layer 2 network Arbitrum saw its daily revenue soar to a record $3.4 million in ETH on the day of the LayerZero ZRO token claims, driven by increased activity related to the launch. Arbitrum's median fee spiked from 0.01 gwei to 34.7 gwei, significantly raising the average daily transaction fees to $0.89. After the surge subsided, transaction fees returned to their normal average levels.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true" content_padding="0px|0px|0px|0px|true|true" image_height="200px" date_spacing="0px" date_icon_size="0px" date_icon_color="RGBA(255,255,255,0)" excerpt_spacing_top="0px" author_spacing="0px" author_icon_size="0px" author_icon_color="#ffffff" column_gap_x="30px" column_gap_y="0px" show_avatar="off" thumb_size="medium" content_length="120" overlay_icon_color="RGBA(255,255,255,0)" post_bg_color="RGBA(255,255,255,0)" content_bg_color="RGBA(255,255,255,0)" column_count_tablet="2" column_count_phone="1" column_count_last_edited="on|desktop" module_class="remove-pagination" _builder_version="4.24.0" _module_preset="default"...

NewsCameron and Tyler Winklevoss, the brothers behind the Gemini crypto broker, have announced that they will donate a total of $2 million worth of Bitcoin to former U.S. President Donald Trump, the expected Republican candidate in the upcoming presidential election. They explained their decision by stating that the Biden administration has openly declared war on crypto assets, and they do not want to live under intimidation, harassment, and lawsuits by government agencies. The U.S. Commodity Futures Trading Commission (CFTC) has launched an investigation into the trading firm Jump. The probe specifically focuses on the company's crypto transactions and their participation in trades and investments. Over the past two years, organizations related to crypto assets have increasingly come under the scrutiny of both the CFTC and the SEC, and almost all these cases have resulted in charges being filed.Global digital asset investor 3iQ has applied in Canada to launch the first Solana exchange-traded product (ETP). The ETP, named the Solana Fund, would offer Canadian investors exposure to SOL without requiring them to use blockchain-related technology. If approved, the product would be listed on the Toronto Stock Exchange under the ticker QSOL. Oracle service provider Pyth Network has announced a partnership with the decentralized finance (DeFi) development teams Morpho and Gauntlet. The collaboration aims to utilize Pyth's low-latency price feeds to offer more efficient and secure lending on Base and Ethereum. Through this partnership, DeFi protocols will receive the most up-to-date market prices, significantly reducing the risk of outdated information leading to incorrect pricing and transaction execution.Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true"...

NewsThe LayerZero Foundation, which supports the LayerZero omnichain interoperability protocol, has announced that claims for its native token, ZRO, airdrop start today. Eligibility can be checked on a platform launched by the foundation. ZRO has a fixed supply of 1 billion tokens, with 38.3% allocated to users, developers, and community members. As part of the airdrop, 8.5% of the supply, or 85 million ZRO tokens, can be claimed by eligible participants. The Australian Stock Exchange (ASX) has introduced the VanEck Bitcoin exchange-traded fund, making it the platform's first spot Bitcoin ETF. The ETF will trade under the ticker VBTC and currently has approximately AUD 982,850 (USD 655,560) in net assets. VBTC operates as a feeder fund, allowing investors to gain exposure to Bitcoin by investing in the VanEck Bitcoin Trust (HODL) listed on the U.S. stock exchange.Particle Network, a blockchain development company focused on chain-abstraction technology, has raised $15 million in a Series A funding round. The round was co-led by Spartan Group and Gumi Cryptos Capital, with participation from Flow Traders and HashKey Capital. This round brings Particle's total funding to $25 million ahead of its mainnet launch. Michael Saylor's bitcoin-maximalist company, MicroStrategy, has purchased an additional 11,931 BTC for approximately $786 million, at an average price of $65,883 per bitcoin. With this new purchase, its total holdings have increased to 226,331 BTC. According to Saylor, the total stash was acquired at an average price of $36,798 per bitcoin, costing about $8.33 billion, including fees and expenses. Konami Digital Entertainment's digital branch has announced that its Resella NFT platform has chosen the Avalanche Subnet as its blockchain. The platform will be supported by Ava Labs' AvaCloud Web3 launchpad service, ensuring efficiency and zero gas fees for users, while maintaining consistent processing speeds.Related categories...

NewsBitwise has updated its registration form for the spot Ethereum exchange-traded fund (ETF). The documents reveal that Bitwise Investment Manager's affiliated entity will purchase the initial share baskets for $2.5 million. According to the asset manager, Pantera Capital is interested in purchasing $100 million worth of shares. Bloomberg ETF analyst James Seyffart predicts that spot Ethereum ETF products are expected to launch before July 4. Consensys Software, the company behind the popular MetaMask crypto wallet, announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0. The SEC will not press charges on the grounds that the sale of ETH constitutes a securities transaction. However, Consensys stated that the fight continues, and in the ongoing lawsuit, they seek a declaration that the MetaMask Swaps and Staking user interface software service does not violate securities laws. Iran has announced the launch of the Central Bank of Iran (CBI)'s public pilot project for the digital rial. The national digital currency will target domestic micropayments and will first be deployed in the Kish Island free zone as a test. This popular tourist destination will make the digital rial available to both bank customers and tourists.Laser Digital, the crypto division of Nomura, has obtained its financial services permission from the Abu Dhabi Global Market's Financial Services Regulatory Authority, granting it a full brokerage license in Abu Dhabi for both traditional and digital assets. This license allows Laser Digital to offer broker-dealer, asset management, and fund management services in the region for both digital and traditional assets. Related categories RecommendedYou may also be interested in these articles![brbl_post_grid include_categories="current" order="DESC" post_count="3" post_padding="0px|0px|0px|0px|true|true"...