Market
DeFi
Regulatory-compliant US Treasury tokens on the rise as DUST launches on Singapore DEX DigiFT
DigiFT DUST is backed by a single U.S. Treasury note with a maturity date of December 31.
Tokenization
Gemini ‘razor-thin’ liquidity pushes XRP price to momentarily hit $50
On Aug. 10, Gemini relisted XRP token and enabled support for the XRP Ledger blockchain network.
Legal
DCG labels Gemini lawsuit as ‘character assassination’ in motion to dismiss
DCG stated that Gemini failed to attach its bankrupt subsidiary, Genesis, in the lawsuit.
Layer-2
Coinbase newly launched BASE network transaction volume higher than Cardano, others
The total value of assets locked on Base has surpassed $150 million.
Adoption
Nigeria national agency to authenticate government certificates using blockchain
NITDA said issuing NYSC certificates via blockchain would help to combat fraud and forgery.
Legal
Ripple legal chief refutes immediate SEC right to appeal pivotal XRP ruling
SEC's quest for rapid appeal against prevailing XRP decision contested by Ripple
NFTs
NFT collection Y00ts plans Ethereum migration prompting 350% trade volume boom
Y00ts said it would return the $3 million grant it received from Polygon.
Exchanges
Nigerian authorities call on government to ban Binance amid Naira crisis
The ABCON President said Binance was the most liquid market, and contributing the struggles of the local currency.
DeFi
Fantom-based SpiritSwap heads for shutdown after Multichain hack drains treasury
The Multichain hack has disrupted Fantom's DeFi ecosystem, with the blockchain network's TVL declining by more than 80%.
Technology
Microsoft and Aptos Labs partnership sends APT token soaring
Aptos' APT token is scheduled to unlock around 2% of its circulating supply by Aug. 11.
Mining
Marathon Digital posts Q2 losses amid record-breaking Bitcoin production
Marathon CEO said the Bitcoin miner's financial position improved despite the losses recorded during the quarter.
Crime
NFT thefts decline as FBI exposes new developer impersonation scams
NFT thefts declined by more than 30% in July, according to PeckShield.