Sui Bridge Launches on Mainnet Connecting With Ethereum
TL;DR Sui Bridge has been launched on Mainnet, connecting Sui to Ethereum. The solution facilitates transfers of ETH and WETH between both networks. Upcoming updates...
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Terra Luna Classic Rises Again: The Massive USTC Burn Boosts Token Value
TL;DR The Terra Luna Classic (LUNC) ecosystem is revitalizing with the approval of the proposal to burn 46,556,271 USTC, which has increased market interest. The...
Jesse Pollak Takes Helm of Coinbase Wallet Team
TL;DR Jesse Pollak, creator of the Ethereum Layer 2 blockchain Base, was appointed to lead the Coinbase Wallet team. This strategic move aims to enhance...
Vitalik Buterin Backs Hezbollah Betting on Polymarket
TL;DR Vitalik Buterin defended the existence of a betting section on Hezbollah on the Polymarket platform. The crypto community has expressed ethical concerns about trivializing...
Metaplanet Expands Bitcoin Holdings with $6.9 Million Purchase
TL;DR Metaplanet has acquired an additional 107.91 BTC, bringing the total to over 500 bitcoins. The purchase was financed with a $6.8 million loan from...
Evolution of Blockchain: Shifting from Ideals to Market Reality
TL;DR The original “cypherpunk” values that inspired early smart contract platforms are being displaced by market demand. Blockchain commercialization is prioritizing speed, profitability and regulatory...
Binance Founder CZ Released Early: Market Awaits Impact
TL;DR Early Release: Binance founder CZ was released early on September 27, 2024, due to a federal rule allowing for early release if the official...
BNY Mellon SEC Approval: A Turning Point for Crypto Custody
TL;DR The SEC approved BNY Mellon’s plan to offer cryptocurrency custody services. The bank will be able to custody digital assets beyond Bitcoin and Ethereum....
Hacks in Crypto Industry Are Declining, But Threats Persist
TL;DR Losses from hacks and scams in the crypto industry were $413 million in the third quarter of 2024, representing a 40% decrease. The most...
Taurus and Aktionariat Partner to Tokenize SME Shares
TL;DR Partnership Announcement: Taurus SA and Aktionariat AG have partnered to facilitate the trading of tokenized shares from SMEs on the Taurus Digital Exchange (TDX),...