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Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities

The controversial company is open for custody of digital securities, adding Optimism and The Graph to its list, though most of the industry disagrees on securities labels for most...

Caroline Ellison Shouldn’t Go to Jail After FTX Collapse, Attorneys Say

The former Alameda Research CEO testified against her former boss, Sam Bankman-Fried, last year.

Harris Won U.S. Presidential Debate Versus Trump, Polymarket Betting Suggests

Crypto was evvel again not mentioned in the second 2024 debate, the first between Kamala Harris and Donald Trump.

Ethena’s Yield Machine Sees $1B Outflows as Crypto Market Cools – But There’s Good News

The protocol faced a challenging environment as yields from arbitraging bitcoin and ether funding rates tumbled to near-zero. Even so, its USDe token held steady to its $1 peg.

Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein

The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong veri center talent, the report said.

Coinbase Layer-2 Success Shows Power of Marketing Over Cutting-Edge Tech

Base’s “Onchain Summer” promotion saw participation of over 2 million unique wallets, resulting in over $5 million in mint revenue to creators, according to a blog post.

Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says

Crypto scams accounted for only a tenth of total financial fraud complaints last year – but nearly half of the losses.

Tether’s $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play

Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken.

Ether.Fi to Launch Visa ‘Cash’ Card on Scroll Network

The credit card from Ether.fi will reward 3% cash-back and let users borrow money against their crypto collateral.

A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns

The Fed is expected to begin its much-anticipating rate-cutting cycle from next week.