Markets
Kraken Listing Ignites Soaring Surge in Reddit Community Tokens
Two tokens, Moons and Brick, which were created by users of the social media platform Reddit, have seen significant price increases of 48% and 443%,Herman HayesJapanese Startup Unites Asia with Stablecoin and CBDC Integration
Japanese blockchain startup Soramitsu is venturing into new applications for central bank digital currencies (CBDCs), focusing on a cross-border payment system across Asian countries.Seth RowdenDollar Gains Momentum Ahead of Crucial CPI Report
The US dollar saw a boost as the market eagerly awaited a crucial US inflation reportHerman HayesInflation Data Expected to Be Lower, Fed Caution Remains
The upcoming consumer price index (CPI) report scheduled for Thursday is expected to reveal a moderation in the pace of price increases, though not sufficient to deter the Federal Reserve from its battle against inflation.Seth RowdenCentral Bank of Singapore Grants Payment License to Blockchain.com
Blockchain.com, a cryptocurrency exchange, has been granted a payments license by the Monetary Authority of Singapore (MAS), the central bank of Singapore.Seth RowdenIndian House Passes Bill for Streamlined Big Tech Data Compliance
India's lower house of parliament passed a bill on August 7 that aims to relax data compliance regulations for large technology companiesSeth RowdenPayPal's USD Stablecoin: Ethereum Gains, Decentralization Concerns
The launch of PayPal's new Ethereum-based stablecoin, PYUSD, has sparked a mix of optimism and caution within the crypto community.Seth RowdenApple Retains 30% Tax Rule, Delays Cryptocurrency and NFTs Inclusion
The hopes of crypto app developers seeking relaxation of Apple's App Store rules have been put on hold after the US Supreme Court postponed the decision to allow appsSeth RowdenFitch Downgrade and Bitcoin Bull Market: A Connection
A significant event unfolded in the financial world on August 1st as Fitch, a renowned credit rating agency, downgraded the credit rating of the US government from AAA to AA+.Herman HayesBitcoin Fund Records Largest Weekly Outflows of $111 Million Since March
During the week ending on August 4, the cryptocurrency market witnessed a continuation of the negative trend in crypto asset outflows, amounting to $107 million.Seth RowdenBitcoin Veteran Bets Big: $100K BTC Predicted Before Halving
Adam Back, the CEO of Blockstream and an early cryptocurrency pioneer, is so confident in Bitcoin's potential to surpass an all-time high of $100,000 before its halvingSeth Rowden"Bitcoin Price Poised for Bull Run if Trendline Holds
According to the cryptocurrency market analyst Cole Garner, Bitcoin is gearing up for a classic-style "full-blown bull market" phaseSeth RowdenAbracadabra Proposes 200% Lending Rate Increase for Curve Risk Management
Abracadabra Money, a cross-chain lending platform, has put forth a proposal to increase the interest rate on its existing loans in a bid to manage the risks linked with the Curve DAO (CRV).Seth RowdenBase Unveils Main Bridge UI, Official Release on August 9th
Coinbase's Base network has introduced a user interface (UI) for its official bridge, allowing regular users to log in without relying on developer tools,Seth RowdenPolygon Zero Alleges Plagiarism by Matter Labs Developers
Polygon Zero, the zero-knowledge extension division of Polygon, has accused Matter Labs developers of copying a significant amount of source code from its Plonky2 library,Herman Hayes10% Bug Bounty Offered by Curve, Metronome, and Alchemix for Vyper Hack
Decentralized finance (DeFi) platforms Curve, Metronome, and Alchemix have collaboratively unveiled a strategy to recover the funds pilfered in the recent breach ofSeth RowdenBlockFi's Chapter 11 Plan Progresses With Conditional Court Approval
BlockFi's reorganization process is making steady progress, as the US Bankruptcy Court of New Jersey has given conditional approval to the company's disclosure statement.Seth RowdenX (formerly Twitter) Introduces Option to Hide Blue Checkmark for Subscribers
Twitter's subscription service, known as "X," has introduced an option for users subscribed to the "Blue" service to hide the checkmark badge on their profiles.Seth RowdenOman Seeks Feedback on Virtual Assets Framework
Oman is poised to introduce its own regulations for virtual assets, and its financial markets regulator is inviting public input on its proposed framework for overseeing digital assets like cryptocurrencies.Seth RowdenSEC Freezes $50M DEBT Box Assets Over Alleged False Node Licenses
The US Securities and Exchange Commission (SEC) has taken legal action against Digital Licensing Inc., a cryptocurrency firm based in Utah, accusing it of orchestrating a fraudulent cryptocurrency scheme worth $50 million.Seth Rowden
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