Tether Advocates for Decentralized Tech After Global IT Outage
TL;DR Global outage in centralized technology: A global outage on July 19, caused by a technical issue with CrowdStrike software, revealed weaknesses in centralized systems....
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Bitrue Ventures Launches $40 Million Fund to Boost Web3 Startups
TL;DR Bitrue Ventures has opened a $40 million investment fund to support startups in the Web3 space. Selected projects can receive up to $200,000 and...
State Street Explores Stablecoins and Tokenized Deposits
TL;DR Street is considering creating stablecoins and tokenized deposits to facilitate blockchain-based payments. Digital Asset Expansion: The company is partnering with Galaxy to develop crypto...
The SEC Opens Debate on Staking in Cryptocurrency ETFs: Impact and Perspectives
TL;DR Hester Peirce from the SEC has proposed reconsidering staking and in-kind redemption in cryptocurrency ETFs, sparking debates on regulatory flexibility. Peirce suggests that practices...
Maelstrom Launches Bitcoin Developer Grant Program Offering Up to $250,000
TL;DR Arthur Hayes has announced a Bitcoin developer grant program through the Maelstrom Fund, offering up to $250,000 per developer. The grants will be awarded...
Tether Hires Philip Gradwell as Chief Economist
TL;DR Tether has appointed Philip Gradwell as its new Chief Economist. Bringing with him six years of experience as Chief Economist at Chainalysis and deep...
Spain National Fan Token Plummets After Euro 2024 Victory
TL;DR The Spanish National Team Fan Token (SNFT) fell by 20.10% over the past day, settling at $0.02425. SNFT’s decline reflects the “buy the rumor,...
Dough Finance Faces Million-Dollar Losses After Smart Contract Attack
TL;DR Dough Finance suffered an exploit in its smart contract on July 12, 2024, resulting in the loss of approximately $1.8 million in funds. The...
Binance Role in Fighting Crypto-Related Crime
TL;DR Binance trains law enforcement to combat crypto-related cybercrime. The training program has been recognized globally, winning awards such as the CSPA in Hong Kong....
Bitget and Tomarket Join Forces to Boost the TON Ecosystem
TL;DR Bitget and Tomarket have announced a partnership to strengthen the TON ecosystem, aiming to boost technological development and attract a broad audience. Tomarket has...