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AI-based DApps Overtake Gaming as Web3 Thrives

The Web3 ecosystem is experiencing a significant shift as artificial intelligence-based DApps overtake gaming with a dominant 28% share. In contrast to the current market gloom in crypto and the global economy, the Web3 ecosystem is showing resilience and continued growth. During which,...

, by Harvey Hunter

Solana Discreetly Patches a Possible Critical Security Vulnerability: SOL Validator

Solana ecosystem players have silently prevented a major security vulnerability on the SOL network, while maintaining confidentiality. Solana contributors and developers were able to patch 70% of stake, before the vulnerability was finally revealed to the public.According to a Solana Validator...

, by Sujha Sundararajan

Bitcoin Surges to $62,500 on Strong US Jobs Data, Market Faces Volatility and Miner Challenges

Bitcoin skyrockets to $62,500 before falling to $61,000, fueled by robust US jobs data, but market volatility and miner struggles signal potential turbulence ahead.

, by Arslan Butt

Hong Kong Lawmaker Calls for Easing Banking Restrictions for Crypto Firms

Johnny Ng has called on government and banking sector to ease restrictions that are hampering crypto firms from accessing banking services.

, by Ruholamin Haqshanas

Vitalik Buterin Transfers 3,000 ETH to Multi-Sig Wallet, Speculated to be Possible Donation

Ethereum co-founder Vitalik Buterin has transferred 3,000 Ether (ETH) to a multi-signature safe wallet, few hours ago. The amount transferred is worth $8 million at press time.A Buterin-linked wallet first transferred 0.1 ETH to a wallet for testing, before sending 3,000 ETH. According to Look On...

, by Sujha Sundararajan

Illuvium and Samsung Partner for Immersive Gaming Experience

Illuvium has partnered with Samsung to showcase its blockchain-based games on Samsung's Web3 TVs at Gamescom 2024, offering players immersive experiences and the chance to win exclusive NFTs.

, by Jimmy Aki

CBOE Resubmits Application for Bitcoin ETF Options as Approval Looms

CBOE has withdrawn its original application for options on spot Bitcoin ETFs, only to resubmit a more comprehensive version.

, by Ruholamin Haqshanas

Bitcoin Spot ETFs See $194M Inflows, Bitcoin Price Rebounds

Bitcoin spot exchange-traded funds (ETFs) saw $194.6 million in inflows on Thursday, according to data shared by Fireside Investors.BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” continues to lead the pack seeing $157.6 million with over $22 billion in assets under...

, by Tanzeel Akhtar

Rise in New Bitcoin Addresses Suggests Renewed Interest from Retail

Retail investors may be making a comeback in the cryptocurrency market, as evidenced by a recent uptick in the number of new Bitcoin addresses being created daily.

, by Ruholamin Haqshanas

Bitcoin Miner Bitfarms Reports Mixed Q2 Earnings, Stock Rises 20%

Bitcoin mining company, Bitfarms has experienced a surprising surge in its stock price, rising 20% despite reporting a mixed financial performance for the second quarter.The company posted revenue of $42 million, which marks a 16% decrease from the previous quarter but a 17% increase compared to...

, by Tanzeel Akhtar

Tether to Onboard 200 Senior Staff by Mid-2025 to Focus on Compliance

Stablecoin issuer Tether is seeking to expand its compliance and financial reach by doubling-up its workforce by mid-2025. CEO Paolo Ardoino says Tether Holdings will soon reach a headcount of 200 senior staff, which currency has 100 employees.Speaking to Bloomberg, Ardoino added that the staff...

, by Sujha Sundararajan

Buy Bitcoin Now? Indicator Suggests Huge Buying Opportunity: Analysis

Arthur Hayes forecasts Bitcoin soaring to $1 million under aggressive monetary policies, predicting a massive surge driven by increased money supply and economic disruptions.

, by Arslan Butt

UK’s HMRC is Sending Out ‘Nudge Letters’ to Crypto Tax Slackers

The UK’s HM Revenue & Customs (HMRC) is reminding investors to disclose and pay tax on any crypto gains they may have overlooked.The agency has begun sending out letters to investors who may have neglected to report or pay taxes on profits from selling crypto assets. This is just the...

, by Shalini Nagarajan

Crypto Execs Butt Heads with Democrats in Fiery Zoom Meeting

A virtual meeting aimed at mending ties between the crypto industry and the Democratic Party reportedly went sour on Thursday morning. This incident highlights the challenges progressive crypto advocates face in securing industry support for Kamala Harris's presidential campaign.The Zoom meeting,...

, by Shalini Nagarajan

Kazakhstan Officials Say They’ve Blocked Illegal Crypto Transactions Worth $75.4 Million

Kazakhstan’s anti-money laundering agency says officials in the country have blocked illegal crypto transactions worth a total of $75.4 million. In a Telegram post from the Agency of the Republic of Kazakhstan for Financial Monitoring (AFM), the agency said it had “identified 18...

, by Tim Alper

CFTC Awards Over $1 Million to Whistleblower in Digital Asset Case

The Commodity Futures Trading Commission (CFTC) has awarded over $1 million to a whistleblower who provided crucial information in a digital asset case.According to an official announcement published by the CFTC, the whistleblower’s information led to an enforcement action in the digital...

, by Hongji Feng

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