Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incident
An Ethereum Improvement Proposal (EIP) made on July 7 seeks to standardize how tokens are bridged between networks. The “Sovereign...
Blockchain News
XRPL grows in Q2 despite SEC lawsuit concerns: Report
Despite lingering concerns over the Ripple vs. SEC lawsuit, The XRP Ledger (XRPL) has demonstrated significant growth in multiple areas...
What is The Graph, and how does it work?
The Graph (GRT) is a decentralized cryptocurrency with multiple use cases and a community-driven, open ecosystem that provides indexing and...
BIS develops framework against CBDC cyberattacks
On July 7, the Bank for International Settlements (BIS), a financial institution owned by constituent central banks, published a framework...
Scientists created a crypto portfolio management AI trained with on-chain data
A pair of researchers from the University of Tsukuba in Japan recently built an AI-powered cryptocurrency portfolio management system that...
EU blockchain sandbox unveils first 20 use cases after wave of applications
The first batch of blockchain use cases to debut in Europe's regulatory sandbox was formally introduced on July 3, following...
Crypto adoption fueled by ZK-rollups
Cointelegraph is launching Zero Barriers, a special six-part podcast series in collaboration with StarkWare. The series, which features as part...
5 blockchain-based social media platforms to know
Social media networks built on the blockchain are revolutionizing the way we share, interact and communicate with people online. These...
Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed
Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round.The total...
Kraken ordered by court to disclose user data to IRS for tax compliance
The United States District Court for the Northern District of California has ordered crypto exchange Kraken to turn over account...
Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East...
UK crypto bill reaches final stage, on track for passage
A bill bringing cryptocurrencies under the same rules applied to traditional assets is set to pass into law in the...
Staked ETH surpasses 23 million in June — Nansen
The volume of Ether staked keeps reaching new heights since the Shapella upgrade in April, crossing 23 million Ether locked in...
New Web3 ID app lets users find each other based on proven interests
A Web3 app launched on June 27 lets users prove their social credibility using blockchain technology, according to an announcement...
Optimism network transactions surged 67% following Bedrock upgrade — Nansen
Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread...
Terra Allies’ Six Samurai team aims to revive the ecosystem
After a joint governance proposal on liquid staking derivatives in Terra Classic (LUNC), a new proposal emerged for the next...
Shiba Inu Burn Twitter account experiences suspension
The Shiba Inu (SHIB) burn tracker Twitter account, Shibburn, which is well-engaged with the crypto community, has been unexpectedly suspended....
More than just a ‘token’ bridge – Cointelegraph Magazine
This “Crypto City” guide looks at Sydney’s crypto culture, the city’s most notable projects and people, its financial infrastructure, what...
TrueUSD assures users it has no exposure to troubled Prime Trust
On June 22, TrueUSD announced on Twitter that its TUSD stablecoin had “no exposure” to the troubled Prime Trust, which is...
Wallet providers introduce BRC-20 token support despite market drawdown
On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature,...
Czech automobile conglomerate Škoda Auto launches NFT platform
On June 20, Škoda India, the Indian subsidiary of Czech automobile conglomerate Škoda Auto, launched a Web3 and nonfungible token...
Crypto lender Delio to resume withdrawals after counterparty contagion
According to a recent report by local news outlet Decenter, South Korean crypto lending platform Delio will resume withdrawals, albeit...
