Y00ts shifts from Polygon to Ethereum, returns $3m grant
NFT project y00ts will migrate from Polygon to Ethereum and return a $3 million grant to “unite the…
Riot increases Bitcoin production by 27%
Bitcoin miner Riot has unveiled its financial results for Q2 2023, reporting a total revenue of $76.7 million.…
PayPal’s stablecoin meets resistance from Democrat Waters
Democratic congresswoman Maxine Waters has expressed her concerns over PayPal’s launch of its dollar-pegged stablecoin, PYUSD. In a written…
FTX founder to face charges over illegal campaign finance scheme
US authorities are preparing to charge FTX founder Sam Bankman-Fried with an illegal campaign finance scheme, per court…
Bitstamp to stop trading major altcoins in US
Luxembourg-based crypto exchange Bitstamp will suspend trading of seven major altcoins for US customers starting Aug. 29, 2023.…
Cypher Protocol freezes smart contract amid $1m exploit
Cypher Protocol, a decentralized futures exchange on the Solana (SOL) blockchain, has halted its smart contract in the…
Brazil names its controversial CBDC ‘DREX’
Brazil’s Central Bank revealed the official name of the new central bank digital currency (CBDC), also known as…
US official calls for stablecoin law amid PayPal’s PYUSD launch
Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar…
SEC freezes assets of crypto mining firm DEBT Box in $50m fraud case
The US Securities and Exchange Commission has frozen the assets of Utah-based crypto mining firm Digital Licensing Inc.,…
ProShares becomes 11th company to file for Ethereum ETF in a week
ProShares joins the ranks of Ether ETF applicants, filing for an equal-weight Bitcoin and Ether exchange-traded fund, making…