CRYPTO

A report directs President Biden on how to work within international allies to regulate digital currencies and assets.

Kusama assured the community that while the development of "Shib: The Metaverse" is "slower" than they would have wanted, they are "hoping for announcements as soon as contracts get sorted."

Following the multi-million "Axie Infinity" hack, developer Sky Mavis increased the number of validator nodes to 11 and noted that one of its long-term goals is to have over 100 validator nodes.

OpenSea houses 10,325 NFT collections based on the research conducted by Meta Generation in March.

The crypto market opened on a bullish note and almost every cryptocurrency was in the green as Bitcoin and Ether rose by 8% and 7%, respectively.

Jason Stone, the founder of KeyFi, has filed a lawsuit in a state court in New York against Celsius and claims that the firm lied to it and owes significant money to the DeFi aggregator.

Binance.US has hired Jasmine Lee, who was earlier also an executive at PayPal and Acorns, and is now gunning for an Initial Public Offering (IPO).

Social networking platform Reddit plans to debut an NFT marketplace which will allow users to buy avatars or profile pictures for a fixed amount.

TREAT is a "huge step in the final landing of this massive project to full decentralization," Kusama said.

Bitcoin's price has undergone dozens of corrections and rallies to cement itself as the largest cryptocurrency by market cap.

The pseudonymous lead developer acknowledged investors' concern about stablecoins following the catastrophic collapse of TerraUSD UST.

The crypto market on July 7 opened on a bullish note as Bitcoin once again rebounded from the $19,000 price level while Ethereum made a move toward $1,200.

One of the after-effects of the Terra collapse is the newly established cooperation of the United States and South Korea concerning investigations related to financial crimes, particularly in the cryptocurrency industry.

For Kusama, Ryoshi's plan "is a strong one that will outlast most issues as it is rooted in true ethical prospects of giving power to 'the people'."

The Boring Company founded by Elon Musk will support Dogecoin (DOGE) payments and has launched a way for customers to pay via DOGE for rides in the Loop.

Ethereum scaling solution Polygon aims to bridge the gap between smartphone users and Web 3.0 and has partnered with phone maker Nothing for the same.

Sam Bankman-Fried (SBF), the founder and CEO of FTX, said the exchange still has money in store to bail out crypto firms, adding that he has been using his own money to bail out such firms.

Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a "few billion" on hand to shore up struggling firms that could further destabilize the digital asset industry, but that the worst of the liquidity crunch has likely passed.

Among these cyber attacks, the Ethereum ecosystem was extremely affected, with malicious actors siphoning over $1 billion from 32 separate events.

The current bloodbath in the cryptocurrency market distinguishes resilient tokens from speculation-driven ones.

BitMEX is not the first cryptocurrency exchange platform to modify its rules regarding Russia and Russian citizens to stay compliant with various restrictions imposed by the EU on Russia.

Even though Web2-based social media platforms have managed to position themselves as an indispensable part of our daily lives, there are some major challenges they haven’t been able to overcome.

Investors witnessed a drop in trading volumes Wednesday and almost all the major cryptos were retesting support levels.

Sam Sun, the head of security at Web 3.0 investment firm Paradigm, said in a Twitter post that someone tried to gain access to his crypto assets via a Bitcoin or crypto stealer, but they weren't successful.

"Looking forward, we are not confident there will be large inflows of lending demand for fixed income DeFi products like the ones offered through Porter Finance," the Porter Finance founder said in a blog post Tuesday.

"Most of the time, it could be an exchange just transferring funds to alternative exchange wallets, or selling their assets to another platform or exchange," Milkshake said.

Ex-head of TikTok's gaming arm, Jason Fung, has launched a new blockchain gaming startup called Meta0 after leaving TikTik last month.

Shiba Inu reached an all-time high price of $0.00007956 eight months ago.

On Monday, Chinese business giants, including Tencent, launched a "self-disciplinary initiative" to eradicate speculation in the NFT industry.