Bitget Wallet Surpasses 30 Million Users and Leads Growth in the Web3 Ecosystem
TL;DR Bitget Wallet has reached 30 million global users, driven by its focus on international expansion and Web3 innovation. By July 2024, the app’s downloads...
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deBridge Finance Launches New Tools and a Foundation to Strengthen Its Ecosystem
TL;DR deBridge Finance launched the Airdrop Checker to verify users’ eligibility for their upcoming airdrop. The deBridge Foundation has been created to drive the growth...
Expert Believes Crypto Market Has Passed Its Most Critical Phase
TL;DR Fundstrat founder Tom Lee believes the worst moment of the cryptocurrency market correction is over. Lee highlights the stabilization of the volatility index (VIX)...
MakerDAO Community Concerns Over the New Control of WBTC
TL;DR BitGo plans to transfer control of Wrapped Bitcoin (WBTC) to a joint venture with BiT Global, involving Justin Sun and the Tron ecosystem. MakerDAO...
Pump.fun Introduces Reward System for Meme Coin Creators
TL;DR Pump.fun eliminates launch fees and introduces rewards: The platform now allows users to launch meme coins for free and rewards successful token creators with...
Metaplanet Secures ¥1 Billion Loan to Expand Bitcoin Strategy
TL;DR Metaplanet has secured a ¥1 billion loan to increase its Bitcoin investments. The company plans to use $58 million from a stock offering to...
Tether Plans Workforce Expansion to Boost Compliance and Financial Strength
TL;DR Tether plans to double its workforce to strengthen its compliance and finance areas. The company generates significant profits with a small workforce and is...
Gyroscope Launches Yield-Generating Stablecoin to Attract DAO Treasuries
TL;DR Gyroscope’s New Stablecoin: Gyroscope has launched “Savings GYD” (sGYD), a yield-generating stablecoin backed by Galaxy, offering DAOs an annualized yield of 12%-15%. Revenue and...
Why MicroStrategy Didn’t Buy Bitcoin at $50K
TL;DR Michael Saylor, co-founder of MicroStrategy, explained that his company follows a quarterly Bitcoin acquisition strategy, without reacting to short-term price fluctuations. Despite Bitcoin’s recent...
Robinhood Sees 40% Revenue Growth in Q2
TL;DR Robinhood reported a 40% increase in revenue to $682 million, thanks to a resurgence of meme stocks and interest in cryptocurrencies. The company acquired...