Regulation
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.
Crypto
Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC
Bitftams said it achived these milestones amid a rising Bitcoin mining difficulty and operational hurdles.
Crypto
MicroStrategy faces scrutiny over cash flow and Bitcoin holdings ahead of Q2 earning
Market analysts question whether MicroStrategy’s debt plans can sustain its Bitcoin ambitions.
Stablecoins
DWF Labs to debut synthetic stablecoin amid sector’s explosive growth
Stablecoin's market sees tenth consecutive month of growth in its market capitalization, according to CCData.
People
Trump’s $499 Bitcoin-themed sneakers sell out swiftly, resell prices spike to $2500
Trump sneaker's site stated that it is not connected to his political campaign for the White House.
Tokenization
Ripple invests $10 million in tokenized US T-bills through OpenEden
OpenEden's tokenized US Treasury bills (T-bills) are expanding to the Ripple-backed XRP Ledger blockchain.
Tokenization
Avalanche anticipates ‘most bullish unlock’ amid broader market $1 billion in token release
The upcoming crypto unlocks in August may significantly impact the market.
Hacks
Crypto projects lose $278 million to July hacks, second-highest in 2024
CertiK stated that $7.8 million of the stolen assets were recovered in July.
Crypto
Fidelity launches competitive Bitcoin ETP on London Stock Exchange
Market observers said the crypto ETPs launch reflects the growing investors' appetite for such products.
