Author: Puskar Pande
Brad Garlinghouse, CEO of Ripple, criticizes the SEC for its lack of transparency and hypocrisy
The CEO of Ripple, Brad Garlinghouse, attacked the US Securities and Exchange Commission for its uneven and hypocritical enforcement of its regulations. Brad Garlinghouse, CEO of Ripple, criticizes the SEC…
Analyst: XRP price may soon see a “mega breakout”
Ripple XRP 7.21 percent One of the best-performing cryptocurrencies on Tuesday was XRP, as investors paid attention to the US government’s moves with Bitcoin. According to data from Arkham, the…
Tron has earned more money in the past 24 hours than both Ethereum and Solana together
Tron (trx): -4.54% TRON’s revenue the day before was more than $1.4 million on Tuesday. Comparatively, throughout the same time frame, Ethereum Ethereum eth -1.24% Ethereum, the second-largest cryptocurrency network…
Anoma Foundation Aims to Value $1 Billion During Crypto Funding Boom
The Anoma Foundation, situated in Zug, Switzerland, is reportedly in discussions with investors to fund $40 million, according to a recent Bloomberg story. The negotiations are still ongoing, and the…
Router Protocol, supported by Coinbase, introduces its own Layer 1 blockchain
Project for Interoperability A Layer 1 network has been introduced by Router Protocol to facilitate the creation of decentralized applications that operate on several blockchains. Through the use of the…
Losses from cryptocurrency scams and hacks have exceeded $1 billion so far this year: Immunodefi
According to the most recent report from web3 bug bounty and security services platform Immunefi, the cryptocurrency sector has lost over $1.19 billion as a result of 149 hacks and…
Hyperbolic, a Web3 AI company, raises $7 million in startup money
Startup capital of $7 million has been raised by Hyperbolic, an artificial intelligence cloud provider based on blockchain technology. Lead investors in the round were Polychain Capital and Lightspeed Faction….
In a new whitepaper, the cryptocurrency game Hamster Kombat gives players a 60% share of the token airdrop
The developers of the Telegram tap-to-earn game Hamster Kombat have published a new whitepaper detailing the project’s tokenomics, providing additional insight into what may turn out to be one of…
Movement Labs joins Polygon’s AggLayer; $160 million is invested for the testnet launch TVL
San Francisco-based Movement Labs, a blockchain development business, has joined Polygon’s AggLayer for Ethereum Layer 2s concurrently with the public testnet launch. Currently being developed by Polygon Labs and other…
Trading activity in Solana’s DEX ecosystem may be surpassing that of Ethereum
A noteworthy accomplishment has been made by Solana’s decentralized exchanges, as the volume ratio of the SOL -2.23%: ETH -1.40% DEX has reached an unprecedented 136%. This unexpected turnabout would…
Lava Network airdrops 55 million tokens and starts a public mainnet
Lava Network airdrops 55 million tokens and starts a public mainnet The project began with a large token float and capped supply in order to experiment with tokenomics. Filecoin FIL…
Slovenia Issues the First Digital Sovereign Bond in Europe
The first nation in the European Union to issue a sovereign digital on-chain bond was Slovenia. The July 25 bond, valued at $30 million euros or $32.5 million, is a…
Get Your Share of the PancakeSwap Airdrops 2.4M ZK Right Now!
Airdrops from PancakeSwap are a component of an initiative to promote platform engagement and reward loyalty. The PancakeSwap community’s veCAKE holders, previous liquidity suppliers, active traders, and ZKsync predictors will…
Chainlink Integration for Real-Time Ethereum Reserve Verification is Announced by 21shares
21shares Uses Chainlink To Increase CETH Transparency 21shares revealed on Monday that the move eliminates central points of failure and offers automated onchain verification by utilizing Chainlink’s decentralized data verification…
Ether ETF withdrawals totaled $340 million during the first week of trading
Exchange-traded funds that track spot ether (ETH) experienced negative net flows during their first week of operation due to significant withdrawals from the market leader, Grayscale Ethereum Trust (ETHE), outpacing…
A $2.2 billion options expiry may cause the price of bitcoin to stabilize, economists warn
The monthly expiry of over $2.2 billion is scheduled to take place on August 2, and Bitfinex analysts forecast in a note that they foresee potential further downward pressure on…
WazirX receives criticism for its “socialized loss strategy” following a $230 million scam
After revealing on Saturday that it would implement a socialized loss policy in the wake of the security breach on July 18 that cost it around $230 million, or 45%…
Artists sue SEC, citing Taylor Swift tickets as evidence, questioning whether NFTs are securities
In order to determine if non-fungible tokens are under the purview of the U.S. Securities and Exchange Commission, two NFT artists filed a lawsuit against the agency. In the U.S….
Explained: WazirX Poll’s Effect on Users, Tax Consequences, and Withdrawal Limits
After a big hack, customers have two alternatives to partially restore access to their cash, according to the most recent WazirX poll. These alternatives, their effects on users, the tax…
The Audacious Launch of Illuvium: Three Connected Web3 Games
Just four years old, Illuvium is a firm that has boldly ventured into the gaming industry with the release of three separate but related Web3 games. Illuvium hopes to establish…