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The project will distribute approximately 12% of its supply to early users.
Alexander MardarWhat do a famous vampire, TikTok, blockchain, high-end on-chain UX, $DEGEN, Base, and a guy who tokenized himself in 2020 have in common?
Sasha MarkevichEllison gets two years in prison, Sam Bankman-Fried shares a cell block with Sean "Diddy" Combs, while other FTX execs await their final fates.
Rebecca DentonUSDC's Circle has been making bold moves at home and abroad to secure the SEC's approval of its IPO. The combination of the digital dollar and going public strategy means this major stablecoin issuer introduces a new paradigm to money technology - a public seigniorage.
Eva Senzaj PauramThe patented blockchain is open-source, now been rebranded as "Hiero". Hedera has also launched a new Asset Tokenization Studio, an open-source toolkit that allows tokenized bonds and equities to be configured, issued, and managed on its network.
ObserversThe project will distribute approximately 12% of its supply to early users.
Alexander MardarAn ECB research paper on CBDC adoption strategies and cross border CBDC projects in Asia. Another digital note from HSBC as a new report on the state of tokenization reveals surging trading volumes and a spike in experimentation.
Happy Sunday Observers! Hamster Kombat’s “largest crypto airdrop ever” turned out to be one of the worst airdrops in crypto history. Users were disappointed, as everything that could fail failed, and the rewards of months of tapping turned out much smaller than users anticipated. Things started going south when
TUSD has always raised concerns among DeFi insiders. Now that the SEC's investigation results have become public, its survival is on the line.
The Open Network (formerly Telegram Open Network) team informed validators that the network might face overloads due to the Hamster Kombat airdrop.
Swiss nonprofit BIO Association plans to launch BIO tokens for its biotech network. Ohio state senator introduces bill requiring Ohio to accept Bitcoin for taxes. Ocean launches decentralized mining protocol to combat Bitcoin centralization. FTX restructuring hearing set for October 7. Taiwan's FSC permits pro investors to invest
Solana’s high-speed network and cheap transactions could unlock new opportunities in decentralized finance for both retail and institutional players.
Ethereum's changes help make the website more accessible to new users.
Many users expressed discontent with the anti-cheating policy and the number of tokens awarded. Meanwhile, the team launched an "Interlude" period to prepare users for the next season. The game authors' ultimate goal has not been revealed yet.
Pendle's liquid staking protocol, which allows the leveraging of the returns on staked investment, sees significant growth due to the unlocking of staked ether.
Alex HarutunianBinance appears to be facing a management crisis as several executives from the legal and compliance units have resigned amid regulatory investigations.
Sasha MarkevichRpay will indefinitely stop all fiat deposits and withdrawals in Venezuela, Argentina, Colombia, Ecuador, Peru, and Panama. The founders cite banking problems.
Eva Senzaj PauramReserve Protocol, founded in 2018, is experimenting with decentralized asset-referencing tokens (stablecoins). With a relatively low market cap, it already has a significant transaction base in emerging markets.
Alex HarutunianMultichain saw significant outflows yesterday causing fears of an exploit, as the team urged users to revoke all contracts until further notice. Meanwhile, CEO Zhaojun hasn’t been seen since the end of May, with rumors at the time suggesting he may have been arrested in China.
Jack MartinThe developers of the Abracadabra platform, home of the Magic Internet Money (MIM) and SPELL tokens, have put forward a proposal for a centralized legal entity to take over certain management functions.
Jack MartinData from Glassnode shows that Bitcoin Shrimp (holders of less than 1 BTC) continue to aggressively accumulate tokens at a rate of 33.4K BTC per month.
Jack MartinHotbit crypto exchange announced it was to cease operations in May, following an investigation last August that led to a loss of user funds. The period for withdrawing any remaining funds ended on June 30, leaving many users out of pocket.
Sasha Markevich