Tether discontinues Bitcoin stablecoin, citing lack of usage
The issuer of stablecoin Tether (USDT) will discontinue its Bitcoin (BTC) Omni Layer version, citing lack of interest from users....
Blockchain News
Fantom DEX rescued at eleventh hour following planned shutdown
SpiritSwap, a decentralized exchange (DEX) on Fantom, will no longer shut its doors in September after having treasury funds stuck...
Sei token valued at $1.8B after beta launch, exchange listings
Layer 1 trading blockchain Sei Network has reached a fully diluted valuation of $1.8 billion on the initial day of...
Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’
Citing the organization’s extensive experience in having completed “hundreds of early stage investments,” Brandon Gath, managing partner for Kraken Ventures...
Voyager’s token transfer to Coinbase sparks sell-off suspicions
Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu...
CFTC charges residents of Florida, Louisiana, Arkansas for crypto fraud
Legal proceedings have been initiated by the Commodity Futures Trading Commission (CFTC) against individuals and their organization, Fundsz, citing their...
FC Barcelona secures $132M investment for blockchain and NFT venture
Spanish soccer club FC Barcelona has secured a 120 million euro ($132 million) investment from Libero Football Finance AG and...
Aave DAO opens voting on proposals to reduce CRV exposure
The Aave community is seeking to reduce its protocol exposure to the Curve DAO token, with two proposals open for...
Bitstamp to suspend trading of major altcoins for US users
Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND),...
UAE signs deal to develop carbon credit system on Venom Foundation blockchain
The United Arab Emirates Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary...
XRP price disappoints after court ruling, Deaton remains optimistic
Despite a brief rally, the XRP (XRP) price did not reach anticipated levels after a recent favorable court ruling for...
DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s…
Top Stories This Week The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to...
Curve hacker behind $61M heist begins returning funds
The attacker behind the $61 million July 30 Curve Finance attack has returned 4,820.55 Alchemix ETH (alETH), worth approximately $8,889,118,...
Futureverse co-founders launch $50M venture fund
Shara Senderoff and Aaron McDonald, co-founders of artificial intelligence and metaverse company Futureverse, have launched a new $50 million venture...
What is Metcalfe’s Law, and why does it matter?
Metcalfe’s Law suggests that the more people who use a cryptocurrency, the more valuable and useful it becomes. Source link
European digital asset manager CoinShares’ revenue up 33% in Q2
CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue...
BALD token developer denies rug pull as price falls 85% post-launch
A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled 1,034 Ether in liquidity, worth approximately...
DOJ wants SBF’s bail revoked over witness tampering, diary leak allegations
According to a July 28 court filing, the United States Department of Justice (DOJ) is seeking the revocation of Sam...
Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Seda co-founders discuss intersection of oracles and multichain
The year 2022 was not a very good year for Cosmos and its vision of inter-blockchain communications (IBC). The collapse...
Optimism transaction volumes surpass Abitrum’s for the first time in six months
The Optimism network has surpassed Arbitrum in transaction volume for the first time in six months, according to July 27...
EOS Foundation to sue Block.one for alleged failure to honor $1B commitment
The EOS Network Foundation (ENF) is the latest entity to initiate legal action against major investor Block.one (B1) over its...
