Observers

Coinbase launches its Ethereum layer-2 network Base with the aim of bringing Web3 technology to more users. It will eventually form part of an interoperable 'Superchain' with Optimism.

The amount of bitcoin held by whales (holders of 1,000 to 5,000 BTC), has dropped by 255,000 BTC since May 30.

Reddit has expanded its presence in the NFT sector by launching the fourth generation of its Unique Avatars, titled "Retro Reimagined."

A leading developer of inter-blockchain connectivity, Wormhole bridge has developed a new product using the technology of Cosmos.

ConsenSys, a leading software company known for its focus on Ethereum (ETH), has launched an Ethereum scaling chain Linea, integrating Zero Knowledge technology.

Monerium EURe users can now transfer money between their Safe smart wallet and their traditional bank account with ease, further closing the divide between digital and traditional banking.

Decentralized exchange CoW enhances its trading experience with CoW Hooks. Users are now empowered to add tailor-made DeFi actions that are carried out immediately before or after their trades.

Denmark's financial authority ordered Saxo bank to sell its cryptocurrency holdings after asserting that it did not constitute a legitimate business activity for a financial institution.