Solana Reclaims $200: Insights on Market Trends
Solana's cryptocurrency surged 15.4%, reclaiming the $200 mark and reflecting increased investor confidence amid a heated altcoin market.
Source: theblock.co —
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Matt Huang Leads Stripe's Blockchain Project Tempo
Matt Huang becomes CEO of Stripe’s blockchain initiative, Tempo, enhancing the company's crypto capabilities.
Source: theblock.co —
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SEC's Safe Harbor Proposal for Blockchain Apps
The DeFi Education Fund and a16z are advocating for a regulatory safe harbor to clarify broker rules for blockchain applications as the SEC shifts its approach.
Source: theblock.co —
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Eden Network Shuts Down, Treasury Distribution Planned
Eden Network is officially shutting down and plans to distribute its treasury to EDEN token holders as part of a retirement program.
Source: theblock.co —
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Odin.fun Exploit: Over $7 Million Lost
Odin.fun, a Bitcoin-based memecoin launchpad, suffered a breach resulting in a loss of 58.2 BTC (about $7 million). The team is investigating the incident and planning to compensate affected users.
Source: theblock.co —
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Ethereum ETFs See $524M in Inflows Across Two Days
Ethereum spot ETFs have experienced a significant surge, with nearly $524 million in inflows over two days, marking a shift from Bitcoin dominance.
Source: theblock.co —
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Ethereum Foundation Sells $12.7M in ETH Amid Price Surge
The Ethereum Foundation has sold 2,795 ETH worth $12.7 million as ether prices hit yearly highs, according to onchain data.
Source: theblock.co —
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DeFi Development Corp Reports $63K Daily Revenue
DeFi Development Corp now holds 1.3 million SOL tokens, generating an estimated $63,000 daily in revenue, reflecting significant growth.
Source: theblock.co —
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Bitfarms Revenue Soars 87% Amid US Redomiciliation
Bitfarms has experienced an 87% revenue increase and plans to redomicile in the U.S. amid strong support for crypto under Trump.
Source: theblock.co —
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Polymarket Sees 18% Surge in Active Traders
Polymarket's active traders rose over 18% in July, ending a downtrend while average trade size decreased.
Source: theblock.co —
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Binance Joins T3+ to Combat Crypto Crimes
Binance has become the first member of T3+, a unit aimed at combating crypto crime in collaboration with law enforcement. This initiative has already frozen over $250 million in illicit assets.
Source: theblock.co —
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ETH Price Surges Above $4,500 Amid Buying Spree
ETH has surged above $4,500 due to significant treasury buying and growing interest in ETFs, outperforming Bitcoin year-to-date.
Source: theblock.co —
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Do Kwon Pleads Guilty and More Crypto News Update
Do Kwon pleads guilty to fraud, Circle launches a new blockchain, and Ethereum ETFs see record inflows this week.
Source: theblock.co —
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Aave Hits $50B in TVL: A New Era for DeFi Lending
Aave's TVL skyrocketed to $47 billion, showcasing institutional interest in decentralized finance and its advantages over traditional lending.
Source: theblock.co —
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Do Kwon Pleads Guilty to Fraud Charges
Do Kwon, co-founder of Terraform, has pleaded guilty to fraud charges linked to the collapse of Terra USD. He faces significant prison time.
Source: theblock.co —
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