Banking
Adoption
Mark Cuban says Cardano has not had ‘much of an impact’
The billionaire entrepreneur believes Cardano is not a successful cryptocurrency yet due to its low transaction volume, among other things.
Adoption
Dogecoin utility expands with ‘Teslas in Tunnels’ from the Boring Company
Elon Musk said Dogecoin is a better payment token than Bitcoin and added that it can be used to pay for underground travel around Las Vegas.
Analysis
Bitcoin sees minor sell off after US payroll data beats expectations
Employment data showed better than expected results putting pressure on the Fed to act. Bitcoin and stocks dipped following the news.
Regulation
Leak reveals SEC has open case on every US crypto exchange, not just Coinbase
The leak came from an unnamed staffer of Senator Cynthia Lummis' office and revealed that every U.S. crypto exchange and Binance are under investigation.
Analysis
Conservative leadership race has U.K global crypto hub ambitions in limbo
The U.K's plans to become a global crypto hub hang in the balance as Sunak and Truss face off for the Prime Minister role.
Adoption
Retail investors were responsible for Bitcoin’s best run since October 2021
The Coinbase Premium Gap, wallet dynamics, and the jump in derivative micro contracts suggest retail investors are piling into Bitcoin.
Earnings
Coinbase stock posts 9 week high on rumors of better than expected earnings
COIN is up 50% since July 26 as analysts forecast better than expected results upon release of the second-quarter earnings report on August 9.
Bear Market
Match Group shelves Tinder Coin, Metaverse Dating after company swings to a loss in Q2
A net loss this quarter has Match re-thinking Metaverse Dating and Tinder Coin despite both being viewed as potential drivers of growth in the long-term.
Hacks
Chainalysis reports $2B lost in cross-chain bridge hacks
Questions over interoperability arise as Chainalysis say thefts from cross-chain bridge hacks now account for 69% of all hacks.
Politics
Bitcoin falls short of $25K as US, China tensions over Taiwan grow
Heightening tensions between the U.S. and China, over Taiwan, coincide with market uncertainty and a local top for Bitcoin.
Adoption
Institutional bank Sygnum announces Cardano staking, community divided over institutional adoption
Zurich-based Sygnum Bank is set to offer clients Cardano (ADA) staking, but skeptics say institutional adoption is a slippery slope.
Technology
Cardano founder addresses Vasil hard fork delay; says rollout ‘shouldn’t be much longer’
Charles Hoskinson explains what was behind the second delay to Vasil.