Solana and Avalanche Enter New Uptrend

Key Takeaways Solana and Avalanche have risen by roughly 20% in the past 36 hours.  SOL needs to stay above $42 to advance to $52.  AVAX could trigger an upswing to $28... Read more »

SkyBridge Capital’s fund suspends withdrawals because of stocks, crypto decline

Former White House Communication Director Anthony Scaramucci’s fund management firm SkyBridge Capital suspended withdrawals in one of its funds with exposure to crypto assets like Bitcoin (BTC) and Ethereum (ETH), Bloomberg News... Read more »

Fedimint on scaling BTC in the global south

“Bitcoin is for billions, not billionaires,” a phrase first coined by investment researcher Lyn Alden, could soon become a reality, according to Fedimint.  The protocol that aims to scale Bitcoin (BTC) while... Read more »

Dubai Regulator Grants Crypto Trading App OKX License to Extend Services in the UAE

The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE). The provisional... Read more »

Samsung’s new mining chips will be 45% more efficient

Tech giant Samsung said it is currently working on new 3-nanometer(nm) mining chips that will be 45% more energy efficient. The new chips are estimated to have 23% higher performance and are... Read more »

DeFi Project Spotlight: Euler Finance, the Next-Generation Money Market

Key Takeaways Euler Finance is a second-generation DeFi lending protocol custom built to allow permissionless lending and borrowing of long-tail crypto assets. Euler has innovated and built a number of novel DeFi... Read more »

Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K

“When will it end?” is the question that is on the mind of investors who have endured the current crypto winter and witnessed the demise of multiple protocols and investment funds over... Read more »

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents,... Read more »

‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin

The Russian government-backed tokenization platform Atomyze has issued its first digital asset backed by palladium in collaboration with the local bank Rosbank. Rosbank officially announced on July 18 that it became the... Read more »

Bankruptcy lawyers believe Celsius customers may have to wait years for settlement

Lawyers commenting on Celsius’s recent bankruptcy filing told Reuters that users could face a long, drawn-out process in the path to recover their funds. “Customers should now buckle up for a bumpy... Read more »