Bitcoin’s Prospects Strengthen as Key Stablecoin Metric Slides to Lowest Level in 18 Months
The dwindling metric points to declining selling pressure in the bitcoin market.
Financial
Financial
Financial
Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg
Earlier, in June 2023, the liquidators sought $1.3 billion from the founders of 3AC, Su Zhu and Kyle Davies.
Financial
Ether Beats CD20 as ETH ETFs Post Positive Inflows, DEX Tokens Rise
Many of the largest decentralized exchanges (DEX) tokens posted gains on Tuesday.
Financial
Bitcoin and Crypto Go Unmentioned During Trump-Musk X Space
Bettors at one point gave an over 60 percent chance of Trump mentioning digital assets during the interview
Financial
SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme
The SEC alleges that the scheme raised money from over 200,000 investors worldwide, many of them Haitian-Americans, following a similar suit filed in June by the New York Attorney General.
Financial
German State-Owned Development Bank Prepares for Tokenized Bond Issuance with Boerse Stuttgart Digital in ECB Trial
Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.
Financial
Optimism Pushes for ‘Interoperability’ Between Affiliated Blockchains
Optimism-affiliated networks, including Coinbase’s Base, that are part of the Superchain rely on Ethereum to communicate with each other in order to move assets, which tends to make such moves slow and expensive. To address that, Optimism is releasing its own interoperability roadmap.
Financial
Binance Says Venezuela Platform Is Being Hit by Access Restrictions
The Venezuelan government has blocked various websites, including the social network X, following allegations of fraud in the July 28 presidential elections.
Financial
Ether ICO Whale Moves 5K ETH to Exchanges, Bringing Monthly Total to $154M
The whale has deposited 48,500 ETH, worth over $154 million, to OKX at an average price of $3,176 in the past 35 days.
Financial
Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn
The report warns that protocols should improve security by using multi-sig wallets and vetting counterparty code.