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    Blockchain

    Y00ts NFTs Announce Migration to Ethereum, Will Return $3 Million Polygon Grant

    After shifting from Solana to Polygon earlier this year, the y00ts non-fungible token (NFT) project has announced that it is once again migrating its base from Polygon to Ethereum blockchain. 

    Congresswoman Maxine Waters Criticizes PayPal’s Entry into Dollar-Pegged Stablecoin Arena Without Federal Regulatory Approval

    On Wednesday, Democratic Congresswoman Maxine Waters (D-CA) criticized PayPal's launch of its new dollar-backed stablecoin, PYUSD, as she believed the company should have waited for federal regulatory approval before proceeding.

    Binance Founder CZ Warns Users About the Use of AI Deepfakes in Crypto – What’s Going On?

    Crypto exchange giant Binance's CEO Changpeng Zhao (CZ) has flagged a warning regarding AI-enabled deepfake videos that pose significant risks to cryptos.

    Galaxy Digital Narrows Losses To $46 Million, Maintains Strong Liquidity Position At $696 Million In Q2 2023

    Galaxy Digital's latest earning report shows a major reduction in losses to $46 million as the cryptocurrency market grows through the second quarter of the year. 

    Coinbase Steps Into Unchartered Territory As Its Layer-2 Blockchain Base Goes Live

    Coinbase’s new Ethereum layer-2 blockchain Base went live at 1200 EDT on Wednesday.

    Circle Stablecoin CEO Unveils International Dominance: 70% of USDC Adoption Outside US

    In an August 8th tweet, Jeremy Allaire, the CEO of Circle, mentioned that approximately 70% of USD Coin (USDC) adoption originates from countries beyond the United States. 

    Coinbase Report Says 19% of New York Residents Own Cryptocurrencies

    Leading crypto exchange Coinbase published a report on Tuesday highlighting the crypto adoption and innovation in the New York state. Coinbase conducted a survey, which noted that 19% or one-fifth of New York responders own crypto.

    Stablecoin Market Cap To Hit Nearly $3 Trillion By 2028: Bernstein Report

    Private wealth management company Bernstein has projected stablecoins to grow by 2,140% in the next five years with huge developments trickling into the sector.

    Crypto’s Initial Hope for Sex Workers Gives Way to New Challenges

    Crypto was once one of the best ways for sex workers to get paid. Now, it’s scarcely more supportive of the industry than the banking sector.

    VC Firm Blockchain Capital Twitter Account Hacked, Starts Promoting a Fake Token Giveaway

    Hackers are believed to have gained access to crypto-focused venture capital firm Blockchain Capital’s X (Twitter) account, fraudulently offering a giveaway of tokens called “BCAP.”

    Coinbase Launches $150 Million Corporate Bond Buyback Program- Crypto Bull Market Back?

    United States' largest digital asset exchange Coinbase has announced plans to buy back a portion of its corporate $1 billion debt.

    Hong Kong Aims to Thrive as an International Crypto Hub Despite Global Scrutiny

    The first licenses in Hong Kong have been issued to crypto companies under a new regulatory regime, as the city continues its plans to become an international crypto hub. But vital hurdles remain.

    Leading Venture Capital Firms Including Softbank and Sequoia Named as Defendants In Fresh Lawsuit for Links With FTX

    A class-action lawsuit filed in the United States District Court for the Northern District of California has named 18 venture capital investment firms as defendants for their links with the bankrupt crypto exchange FTX.

    Former FTX Co-CEO Ryan Salame Considering Guilty Plea Talks – Here’s the Latest

    Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly discussing a potential guilty plea with U.S. authorities.

    CoinGecko Launches Index for Crypto Tokens Alleged as SEC Securities, Valued at $91 Billion

    Cryptocurrency data aggregator CoinGecko has introduced a new category that lists cryptocurrencies that have been designated as securities by the United States Securities and Exchange Commission (SEC). 

    Crypto-Focused Public Companies Outdo Q2 Profit Projections, Boosted by Cryptocurrency Price Surge

    Major crypto companies reported strong earnings last quarter as swelling crypto asset prices drove up profits across the industry.