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The indirect ruling stating Ripple (XRP) is not a security is revitalizing the entire cryptocurrency market, particularly tokens facing similar allegations. SOL, MATIC, ADA Surge After Ripple (XRP) Ruling Not Classified as Investment Contract As reported by Coin68 on the evening of July 13, the presiding judge in the lawsuit
DeFi
After an extensive period of network testing, the Layer-2 solution Base has officially launched its mainnet. Source: Base Twitter Base's Twitter account announced that the mainnet would now be available for developers, enabling projects to start building their products on this platform. Since our testnet launch, we’ve
DeFi
Multichain, the prominent cross-chain protocol, has officially announced that its CEO, Zhaojun, has been arrested by Chinese authorities. Source: Coin68 Twitter According to Multichain, the police have confiscated Zhaojun's computers, phones, hardware wallets, and access codes. Despite the project's reliance on a multi-signature key protection mechanism,
DeFi
Kain Warwick, the founder of the derivatives protocol Synthetix, has unveiled Infinex, a decentralized trading platform focused on perpetual futures contracts. Source: Synthetix Twitter With this move, Warwick aims to position the project to compete with centralized exchanges like Binance, which handle daily trading volumes in the billions of dollars.
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Polygon has announced a proposal to change the "face" of the MATIC token, transforming it into the universal currency of the entire Polygon blockchain ecosystem. Polygon Proposes Renaming MATIC to POL, Becoming Multi-Blockchain Token Polygon, the blockchain aiming to scale Ethereum, has finally unveiled a long-awaited change related
Big Cap
After a prolonged three-year legal battle, Ripple has finally received an "indirect" court ruling that XRP is not a security. Judge Declares Ripple's XRP Sales Agreement Not an Investment Contract On the evening of July 13 (Vietnam time), the judge overseeing the lawsuit between the U.
Big Cap
The Open Interest for MATIC trading pairs has surged from $109 million to $160 million in the past 24 hours. MATIC Gains Momentum Ahead of Polygon 2.0 Upgrade MATIC, the cryptocurrency powering Ethereum scaling solution Polygon, surged 10% yesterday (11/07) as the highly anticipated Polygon 2.0 upgrade
DeFi
The US Department of Justice (DOJ) has charged Shakeeb Ahmed with stealing $9 million from a Solana-based decentralized exchange (DEX) using a common flash loan method. Details of the Case On July 11, the DOJ ordered the arrest of Shakeeb Ahmed, a security engineer, for fraud and money laundering. Ahmed
DeFi
Starknet has just deployed the Quantum Leap V12.0 upgrade on its mainnet. This update is expected to significantly enhance the network's processing speed in the coming period. Source: Starknet Twitter The upgrade was announced by the Starknet team on their Twitter account, following about a week of
Big Cap
Grayscale's leading crypto investment lawyer, Donald Verrilli, has argued that leveraged cryptocurrency ETFs are "an investment product even riskier". Grayscale Lawyer Criticizes SEC Over Leveraged Bitcoin ETF Grayscale's top crypto investment firm lawyer has criticized the U.S. Securities and Exchange Commission (SEC) for
Big Cap
The price of GBTC stock is recovering significantly, benefiting from news of BlackRock's Bitcoin ETF filing, helping to narrow the gap between stock price and BTC to its lowest since May 2022. Grayscale's GBTC Stock Narrows Spread with Bitcoin to Lowest Since May 2022 According to
Big Cap
A total of $117 million worth of funds has been detected moving out of Multichain to a suspicious wallet, following a withdrawal of $130 million on July 7. Multichain Continues to Witness Unusual Outflow of Funds Over the past 12 hours, the cross-chain project Multichain has observed a significant outflow