Technology
Crypto
Ethereum Foundation disburses $8.5M in grants for Q2, backing 98 projects
Nearly $9 million in grants were distributed to 98 projects, raising the yearly spending to foster the Ethereum ecosystem to $20 million.
Crypto
Crypto market continue to struggle with liquidity post-ETFs despite improvements – Kaiko
Despite enhancements witnessed over the past year, crypto markets still deal with significant slippage caused by the lack of liquidity.
Crypto
Threshold Network proposes acquisition of BitGo’s WBTC to address centralization worries
The proposal includes minting 15% of the T token current supply to be given as a grant to BitGo for its WBTC.
ETF
Ethereum ETFs show positive flows after 9-day losing streak
US-traded Ethereum ETFs registered nearly $6 million in positive net flows after bleeding $115 million over the last nine days.
Crypto
TON activity halted twice in a single day, surpassing ten-hour downtime
Following a nearly six-hour downtime, TON stopped producing blocks over four hours ago due to overload of network activity.
Crime
Telegram CEO Pavel Durov freed on €5 million bail, placed under judicial supervision
Durov is also prohibited from leaving the French territory and must report to the police station twice a week.
DeFi
Uniswap and Across propose new Ethereum token standard to tackle liquidity fragmentation
The ERC-7683 standard addresses the liquidity fragmentation challenges of the decentralized finance ecosystem.
Crypto
Bitcoin investors turn cautious as speculative appetite wanes – Glassnode
A balance between Bitcoin perpetual contracts funding and profit-taking suggests a reduced appetite for risk.
Crypto
Ethereum Foundation reveals spending after speculation over massive transfer
The expenditures break down happened after a $94 million transaction from Ethereum Foundation sparked a debate in the crypto community.
NFTs
Trump’s new NFT series ‘America First’ features Bitcoin-linked digital cards
The new collection of digital cards is the fourth installment inspired by the US presidential candidate Donald Trump.
Regulation
Abra agrees to settle with the SEC over unregistered securities sales
Abra has agreed to settle the charges without admitting or denying the allegations over failing to register its Abra Earn product.
Stablecoins
Aave Labs unveils plan to stabilize GHO with BlackRock’s BUIDL shares
The proposal, still in 'temperature check,' consists of adding a new stability mechanism using BUIDL's shares.