Trading
DeFi
DeFi salaries soar despite industry turmoil
Durlston Partners attributed the increased salaries to the sector's maturation and the paucity of talents in the space.
Regulation
Belarus eyes ban on peer-to-peer crypto transactions in fight against cybercrime
Belarus said the move would help the country combat cybercrimes and make it difficult for criminals to launder their funds.
Hacks
Poly network services ‘remain suspended’ after another major hack
Several blockchain security firms have estimated that the protocol lost over $5 million in crypto assets.
Regulation
SEC dismisses rumors of chairman Gary Gensler’s resignation
The crypto community had reacted positively to the fake news of Gensler's resignation.
Bankruptcy
Celsius granted court approval to convert altcoins into Bitcoin and Ethereum
The Court further ordered that Bitcoin or Ethereum were the only cryptocurrencies that could be used to pay out creditor claims.
Analysis
Bitcoin’s sudden plunge below $30k triggers $176 million in liquidations
Bitcoin suddenly crashed below $30,000 after peaking at over $31,000 earlier today.
Regulation
Vitalik Buterin shows empathy for rival crypto projects amid increasing US regulatory pressures
The U.S. government has classified several rivals of Ethereum like Solana as securities.
Analysis
Bitcoin Cash soars to 14-month high of over $300 as hash rate spikes
BCH's trading volume across exchanges have soared following the increased interest.
Tokenization
Solana NFT protocol Cardinal to halt operations in August
The team said its code would remain open-source for anyone to easily redeploy a new version.
Exchanges
Binance loses Euro payment partner; denied licensing in Germany
Binance struggles in Europe continue as it has lost its EURO payment partner.
Staking
Lido leads as Ethereum locked as liquid staking derivatives hits 10 million
Projects in the liquid staking sector have considerably struggled in the last 24 hours despite the milestone.
Exchanges
Coinbase moves to dismiss SEC charges, describes it as an ‘extraordinary abuse of process’
Coinbase said the SEC made an about-face with its approach to the crypto industry.
