Digital Asset Treasuries
People
Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction
Critics says Harris has been making vague cryrpto promises about future changes.
Bankruptcy
Former FTX exec files lawsuit as exchange announces reorganization gains support
FTX reorganization plan appears poised for success despite criticisms over asset valuation.
Mining
Bitfarms to acquire Stronghold Digital Mining in $175M merger
Bitfarms is still dealing with Riot Platforms' hostile takeover attempts.
Crypto
Tron surpasses Ethereum and Solana in daily revenue with SunPump craze
SunPump memecoin deployer energizes Tron's market lead over rivals.
Stablecoins
Tether expands fiat portfolio with new UAE Dirham stablecoin
Tether's move comes as UAE stepped up its regulatory effort for fiat-pegged digital assets.
Hacks
Crypto trader loses $55M in DAI to phishing attack using Inferno Drainer kit
The attacker has reportedly converted some of the stolen assets into Ethereum.
Crypto
El Salvador launches Bitcoin training for 80,000 public servants
Over the years, El Salvador has stepped up efforts to integrate Bitcoin into its educational system.
Technology
Cardano targets Chang hard fork launch next week August 27
The Chang hard fork is designed to introduce significant changes to Cardano, including the introduction of decentralized governance.
Investments
Gate Ventures partners with Abu Dhabi Blockchain Center for $100 million Web3 fund
The Falcon Gate fund reflects UAE's ambition to become a top crypto hub.
Crypto
Ethereum L2 Corn launches with $6.7 million in seed funding, integrates Bitcoin-backed gas
Corn aims to give users the ability to utilize "digital gold" in the long term by leveraging a tokenized version of Bitcoin known as BTCN.
Crypto
Bitcoin ETFs see 14% growth in institutional interest during Q2 despite downturn
Bitwise CIO Matt Hougan stated that institutional investors interest in Bitcoin would increase over the years.
Exchanges
Binance blocks $2.4 billion in potential crypto scams in 2024
Binance said its efforts protected more than 1 million of its users.