Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
31.7.2024
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization
Sky Mavis co-founder breaks down Ronin’s surge in active users
31.7.2024
Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity
Possible $600m XRP Token Unlock in August Cause Ripple Surge
31.7.2024
Ripple is possibly one of the most adored crypto due to its long-standing battle with the SEC. XRP has a strong community and has gained 8% in the last 24 hours, beating Bitcoin’s and Ethereum’s market stability. Ripple traders foresee an end to the legal dispute between the United States...
Crypto PACs are spending big on US elections — What it means for the industry
31.7.2024
Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars
Grayscale’s Mini Bitcoin Trust Begins Trading on NYSE Arca
31.7.2024
The mini version of Grayscale Bitcoin Trust (GBTC) launched by Grayscale Investment was listed on NYSE Arca on Wednesday. The U.S. Securities and Exchange Commission (SEC) gave the product the go-ahead last week, and it hit the market at 4 a.m. ET on Friday. This new product provides investors with...
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
31.7.2024
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle...
OpenAI backs Senate bills to advance AI safety and accessibility
31.7.2024
OpenAI's support for these bills highlights a broader vision for AI that balances safety, accessibility, and the potential for educational progress
The Bahamas 'Dares' Again 1.5 Years After FTX Collapse, Brings in New Crypto Law
31.7.2024
The Bahamas, where bankrupt cryptocurrency exchange FTX was headquartered, has seen a new crypto law passed in parliament, The Securities Commission of The Bahamas announced on Tuesday
ZKX Protocol Shutdown Sparks Rug Pull Accusations
31.7.2024
The sudden shutdown of ZKX Protocol, a social derivatives trading platform on Starknet, has ignited accusations of a potential rug pull within the DeFi community. The announcement, made on July 30, cited financial non-viability, minimal user engagement, and declining trading volumes as the primary...
EU AI Act comes into effect — Here’s what to expect
31.7.2024
The European Union’s AI Act takes effect on Aug. 1, introducing significant regulations for artificial intelligence through phased implementation and key compliance obligations
India's Web3 alliance tightens cybersecurity after Wazirx attack
31.7.2024
The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance
Lloyd’s of London-Backed Insurance Policies Can Now Be Paid for in Crypto on Ethereum
31.7.2024
Cryptocurrency insurance underwriter Evertas, a Lloyd’s coverholder, has teamed up with smart contract-based insurance marketplace Nayms to offer the on-chain policies