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Axelar and Microsoft Partnership: Bridging Web3 and Traditional Internet Systems

Axelar, a leading cross-chain communication protocol, and Microsoft, the technology giant, have recently announced a strategic partnership to foster the integration of Web3 and traditional internet systems. This collaboration aims…
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Vanguard Group Acquires 10.24% Stake in Riot Platforms Bitcoin Mining

In a significant move that showcases the growing interest in cryptocurrencies and blockchain technology, the Vanguard Group, one of the world’s largest investment management companies, has recently purchased a 10.24%…
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Bored Ape Yacht Club Announces Launch of “Made by Apes”

In a groundbreaking move that is set to revolutionize the world of digital art, the Bored Ape Yacht Club (BAYC) has announced its upcoming launch of the “Made by Apes”…
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Algofi, Leading DeFi Protocol in Algorand Ecosystem, Ceases Operations

Algofi, the prominent decentralized finance (DeFi) protocol operating within the Algorand ecosystem, recently made a surprising announcement that it will be discontinuing its operations. The protocol, which gained significant attention…
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Rodeo Finance Exploited: $1.53 Million Worth of ETH Stolen

@PeckShieldAlert reported in a recent attack on Rodeo Finance, an exploit resulted in the theft of approximately $1.53 million worth of Ethereum (ETH), equivalent to around 810.1 ETH. The hacker…
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Multichain Witnesses Massive Abnormal Outflows Worth $117 Million in 12 Hours

Multichain, a prominent blockchain platform, has experienced an overwhelming surge of abnormal outflows within the past 12 hours. The total value of the assets transferred to a new address, is…
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Former SEC Chair Advocates for Approval of Spot Bitcoin ETF

In a recent interview with CNBC, Jay Clayton, the former Chair of the U.S. Securities and Exchange Commission (SEC), expressed his belief that a Spot Bitcoin Exchange-Traded Fund (ETF) should…
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ArcadiaFi Hack, $455K Loss on Ethereum and Optimism Networks

ArcadiaFi exploit on both the Ethereum and Optimism networks resulted in a staggering loss of $455,000. The exploit was facilitated through the manipulation of conversations and took advantage of vulnerabilities…
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Hong Kong Launches New Licensing Regime for Crypto Asset Trading Platforms

Hong Kong has launched a new licensing regime for virtual asset trading platforms (VATPs). The Hong Kong Securities and Investment Institute (HKSI) has taken the initiative to develop the respective…

Bitcoin’s Hashrate Reaches New Heights, Price Surges by 14% in 30 Days

Bitcoin’s network hashrate has soared to unprecedented levels, reaching an average of 401 EH/s over the past seven days and an average of 445 EH/s in just three days, according…
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Bitcoin Ordinal Inscriptions Reach Record High as Payment Fees Decline

In a significant development for the crypto market, the number of Bitcoin Ordinal Inscriptions minted in a single day reached a staggering 350,000 on July 8, marking the highest daily…
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The Reserve Bank of Zimbabwe’s Gold-Backed Digital Currency

In a bid to stabilize Zimbabwe’s struggling economy, the Reserve Bank of Zimbabwe has embarked on a “dry run” test for the launch of a gold-backed digital currency. This innovative…
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China’s Changing Stance on Cryptocurrencies: Will the Crypto Ban be Lifted?

China’s relationship with cryptocurrencies has been characterized by a series of strict restrictions and bans. In 2021, the Chinese government imposed a ban on crypto trading and mining, which had…
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Ripple and Stellar Lumens $XLM may collaborate with FedNow

As digital transactions become increasingly prevalent, the need for faster and more efficient payment systems has become paramount. Recognizing this demand, the Federal Reserve has developed FedNow, an instant payment…
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Grayscale Adds Lido $LDO Token to DeFi Fund

Grayscale, the leading digital asset management firm, has made a significant adjustment to its investment portfolio of decentralized finance (DeFi) funds. In this latest move, Grayscale has added the Lido…
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JP Morgan: Evaluating the Impact of SEC Approval for Spot Bitcoin ETF

The potential approval of a spot Bitcoin Exchange-Traded Fund (ETF) in the United States has been a topic of significant interest and speculation within the crypto market. However, according to…
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Sega’s COO Suspends GameFi Development

The Chief Operating Officer (COO) of Japanese gaming giant Sega expressed concerns about Play-to-Earn (P2E) games and blockchain technology. The COO stated that they find P2E games boring and are…
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Barnbridge DAO Faces SEC Investigation and Halts Operations

the Barnbridge DAO is currently under investigation by the U.S. Securities and Exchange Commission (SEC). The SEC’s legal counsel has advised the cessation of all product work, suspension of payments…