Tron founder and wealthy crypto investor Justin Sun has stepped up to save decentralized exchange (DEX) protocol Curve Finance from a potential bad debt crisis.
During a Twitter "Ask Me Anything" (AMA) session on July 31, Binance CEO Changpeng "CZ" Zhao expressed his intention to introduce smaller algorithmic Stablecoins to the market for investors to have alternatives to the existing global Stablecoin giants.
The bankrupt crypto exchange FTX’s new management has proposed to reboot the exchange for offshore customers only, but holders of the FTT token would not benefit from the plan.
The Ministry of Interior of Kenya has suspended the operations of Sam Altman’s WorldCoin and launched an investigation into the company for collecting public data.
Crypto exchange Coinbase’s CEO Brian Armstrong and former head of Twitter – now X – Jack Dorsey, highlighted the potential and future of Bitcoin’s Layer 2 (L2) payment protocol, the Lightning Network.
Presidential Candidate Robert F. Kennedy (RFK) Jr. defends Bitcoin against environmental impact criticisms, asserting that opponents use it as a smokescreen to limit financial freedom.
On July 31st, under its new CEO, John J. Ray III, the bankrupt cryptocurrency exchange FTX Trading Ltd. submitted a draft plan to "reboot" the collapsed crypto exchange.
Dubai's Virtual Asset Regulatory Authority (VARA) has granted an operating license to Laser Digital, the crypto division of the Japanese financial services giant Nomura.
BlackRock CEO Larry Fink’s recent endorsement of Bitcoin is the number one reason to be bullish on the asset right now, according to Galaxy Digital CEO Mike Novogratz.
Facebook boss Mark Zuckerberg’s metaverse push has so far cost his company $21 billion, with little to show for in terms of real results, according to a recent Bloomberg opinion piece.
Stablecoin issuer Tether’s consolidated reserves report for the second quarter of 2023 shows that the company has around $3.3 billion in excess reserves, while profits increased 30% from last quarter to over $1 billion.
The National Bank of Ukraine (NBU) has requested local cryptocurrency firms to file details of their financials, raising concerns over new regulatory measures.