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Cathie Wood bullish on Coinbase after Ripple court ruling

The ARK Invest CEO says the recent Ripple court ruling is a major win for crypto exchanges. NEWS Cathie Wood, the founder and CEO of ARK Investment Management, said she remains bullish over Coinbase in light of Ripple’s partial victory over the Securities and Exchange Commission on July 13.  While Wood noted the ruling wasn’t in outright favor […]

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Threads copies Twitter again, introduces ‘rate limits’ to combat bots

Mark Zuckerberg’s copycat app has been forced to impose rate limits to block crypto and spam bots NEWS Mark Zuckerberg’s Twitter alternative, Instagram Threads, has been forced to implement rate limits in response to a growing number of reports citing spam attacks and crypto-shilling bots. Instagram head Adam Mosseri announced the introduction of rate limits in a […]

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A new age in investing: The transformative power of asset tokenization

From real estate to franchising, and from renewable energy to Hollywood, tokenization has the potential to transform the way we do business. USE CASE Asset tokenization has long been regarded as one of the most compelling applications of blockchain technology. Back in June 2019, the United States investment banking giant BNY Mellon declared it has the potential […]

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Buying the dip? Record 3.8% of the Bitcoin supply last moved at $30.2K

Bitcoin on-chain data confirms the significance of $30,000 as a point of interest for BTC accumlation. MARKETS NEWS Bitcoin  BTC $30,312  at $30,000 is the most popular “buy” level ever, the latest on-chain data suggests. According to figures from crypto analytics firm Glassnode, a record amount of BTC changed hands near the current spot price. Bitcoin: […]

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Ripple decision is ‘troublesome on multiple fronts,’ says former SEC official

John Reed Stark, a former attorney in the Securities and Exchange Commission’s Enforcement Division, says the ruling in favor of Ripple Labs “resides on shaky ground.” NEWS Former Securities and Exchange Commission official John Reed Stark spoke out against the recent ruling on Ripple Lab’s case, calling the decision “troublesome on multiple fronts” in a LinkedIn analysis. […]

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Aave Protocol launches stablecoin GHO on Ethereum mainnet, $2M minted

Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum. NEWS Decentralized finance (DeFi) protocol Aave has launched its algorithmic United States-dollar pegged stablecoin GHO on the Ethereum mainnet, with $2.19 million worth of GHO minted so far. Aave announced the launch of the new stablecoin in a July 16 […]

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A simple tile game is spiking daily txs on Sui Network: Data platform

Launched in October, Sui 8192 is a fully-on-chain tile-sliding puzzle game that records each move as a transaction on the Sui Network. NEWS A simple blockchain game has been behind a massive spike in daily transactions on the Sui Network, with one data platform even suggesting it has surpassed Solana in network activity. Similar to […]

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How easy is a SIM swap attack? Here’s how to prevent one

As SIM swap attacks are often seen as non-demanding regarding technical skills, users must be diligent with their identity security. FOLLOW UP Despite the rise of cybersecurity infrastructure, online identity still faces many risks, including those related to the hacks of users’ phone numbers. In early July, LayerZero CEO Bryan Pellegrino became one of the […]

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AnubisDAO’s rug-pulled 13.5K ETH washes away on Tornado Cash

After almost two years, the stolen 13,556 ETH, worth nearly $60 million at the time, amounted to almost $26.2 million at the time of writing. NEWS Nearly two years after the dog-inspired decentralized finance (DeFi) project AnubisDAO was rug pulled for almost $60 million in Ether  ETH $1,930 , the stolen funds were siphoned away using Tornado […]

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Binance CEO reflects as exchange turns 6 — ‘It was never all smooth sailing’

Binance CEO Changpeng Zhao wrote that decentralized finance will continue to accelerate, and more people will interact with DeFi products. NEWS Binance CEO Changpeng Zhao wrote a letter addressing the exchange’s users, reflecting on past crypto winters and laying out key trends shaping up within the industry as the company celebrates its sixth anniversary.  Within the letter, […]

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