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Another Fantom project winds down citing Multichain exposure

Over $1.5 billion of users' and enterprises' assets were held on Multichain prior to the arrest of its CEO Zhaojun He.

Russia to being CBDC trials with 13 banks

According to Olga Skorobogatova, First Deputy Governor of the Bank of Russia, initiating pilot operations using genuine digital rubles represents a pivotal phase within the project.

Is fully decentralized blockchain gaming even possible?

A ragtag group of communists and ZK-rollup fans are working tirelessly to make blockchain games composable and fully on-chain. It’s not easy.

How to become a ‘Blockchain Radical,’ according to podcaster Joshua Dávila

Despite its libertarian reputation, author and podcaster Joshua Dávila, aka The Blockchain Socialist, believes crypto is for everyone — including the Left.

Binance faces calls for ban by Nigerian Bureau De Change association

Gwadebe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel market.

Temasek, Sequoia Capital, Softbank and 15 VCs face lawsuit for “abating” FTX fraud

The lawsuit alleged that these VC firms made many deceptive and misleading statements about FTX while encouraging customers to invest in the exchange for their personal gain.

Blockchain Capital’s X account hacked promoting token claim scam

The account has made multiple posts promising a token giveaway and ushers users to a copycat website to connect their crypto wallet.

Bitstamp to suspend trading of major altcoins for US users

All the soon-to-be suspended tokens are alleged by the SEC to be securities in its lawsuit against Coinbase and Binance.

Reddit community tokens soar on Kraken listing

The tokens are part of the Reddit Community Points initiative to create cryptocurrencies that would incentivize content creation.

USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users.

Coinbase begins $150M debt buyback at 36% discount

The cryptocurrency exchange's 2031 Senior Notes, which have a coupon rate of 3.625%, have $1 billion in outstanding principal.

Japanese startup to use stablecoins and CBDC to link Asian countries

Soramitsu is developing a cross-border payment system that uses Cambodia’s CBDCs and targets Japan, India, China and Southeast Asia.

How Self-Sovereign Identity helps users own their data

SHIB’s lead developer Shytoshi Kusama recently unveiled plans to integrate Self-Sovereign Identity into Shiba Inu projects.

Binance sold USDC for BTC & ETH after Silvergate bank collapse: PoR report

Binance’s depleting USDC reserves has become a hot topic in the crypto ecosystem, especially after Coinbase CEO’s quip during the company’s Q2 earning call.

PayPal stablecoin launch sparks wave of fake PYUSD tokens

Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement.

China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express

Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.

UAE signs deal to develop carbon credit system on Venom Foundation blockchain

The UAE recently announced that it intends to reduce carbon emissions by 40% by 2030, a marked increase over its previous pledge.

Breaking: Paypal launches stablecoin for payment

Payment processing giant PayPal started crypto payments in March 2021 and since then has been actively involved in the crypto payment sector.

Binance sold USDC for another stablecoin — Coinbase CEO

Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD.

Decentralized asset management system launches for Arbitrum, Optimism

Valio has launched publicly, allowing investors to back money managers through a decentralized process.

Worldcoin expects more companies to integrate in the coming months, says product head

The head of product at Tools for Humanity, told Cointelegraph that Worldcoin is expecting more companies to integrate in the second half of the year.

Universities are 'critical players' for the future of Web3 — Lbank Labs CEO

LBank Labs Czhang Lin said that it’s important for universities to understand Web3 and guide students toward the right vision.

UK to expand crypto crime agency, hiring spree underway

The job involves investigating crypto fraud, money laundering and other blockchain-based crime performed by organized groups.

Crypto-centered public companies record profit beating Q2 estimates

The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies.

Controversy as MakerDAO's Spark Protocol blocks users with VPNs

Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy.

XRP price disappoints after court ruling, Deaton remains optimistic

While the pro-XRP lawyer didn’t anticipate XRP reaching a new all-time high after the ruling, he did expect the price to surpass the $1 resistance level.

FBI warns of phishing scams and social media account hijackers

The FBI warned that the account hijackers work to “create a sense of urgency” with their posts, and urged people to vet any website or potential opportunity before clicking on it.

Alchemix reports return of all stolen funds from Curve pools

The attacker started returning stolen funds after accepting nearly $7 million in bug bounty. Funds had been returned to Alchemix and JPEGd.

DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s crypto trading: Hodler’s Digest, July 30 – Aug. 5

Curve Finance’s dramatic exploit exposes DeFi, DoJ concerns of a run on Binance, and Hong Kong debuts retail crypto trading.

What is Hooked Protocol, and how does it work?

Hooked Protocol is a gamified on-ramp layer hosting learn-and-earn projects that also facilitates onboarding onto Web3. Find out about the Hooked ecosystem and how it works.

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