Digital Asset Treasuries
AI
Elon Musk files new lawsuit accusing OpenAI co-founders of profit-driven betrayal
Musk claims he was misled into co-founding OpenAI by Sam Altman.
Crypto
Xapo Bank to offer 1% yield on Bitcoin in UK
Xapo Bank stated that its moves reflects UK's unique position in embracing the emerging industry.
DeFi
DeFi giant Aave achieves $6M revenue in volatile market conditions
The DeFi sector was praised for performing optimally despite the broader market turmoil.
Investments
Crypto ETP outflows hit $528M amid recession fears and market turbulence
Crypto investment products ended a four-week streak of inflows and a decline of their AUM to $89.6 billion.
Crypto
Crypto market reels from Jump Trading’s massive Ethereum transfers
The market making crypto firm has made substantial Ethereum transfers to centralized exchanges since last week.
Crypto
Bitcoin dives to six-month low as investors flee risk-on assets amid macroeconomic uncertainty
Bitcoin's 13% drop triggers market panic, resulting in $1 billion liquidations.
Bankruptcy
Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others
The defunct firm created a $70 million fund to pursue legal actions against its parent company, Digital Currency Group, and others.
Crypto
Morgan Stanley first in Wall Street to authorize spot Bitcoin ETFs for wealthy clients
Market experts said Morgan Stanely's move was further indication of spot Bitcoin ETFs' remarkable success.
Technology
Fantom rebrands to Sonic Labs, focusing on new high-speed blockchain
Sonic Labs will launch the Sonic blockchain by the fourth-quarter of the year.
Exchanges
Solana’s July DEX volume exceeds Ethereum amid wash trading concerns
Institutional interest and memecoins push Solana’s DEX volume higher than Ethereum last month.
Exchanges
Bybit to exit France amid regulatory hurdles, hopes for future return
Bybit's exit from France against a backdrop of ongoing regulatory changes in Europe.
Exchanges
Coinbase denies violating campaign finance laws with $25M donation
The crypto exchange said the allegations were misinformation because it is not a federal contractor.