VeChain Token Jumps on Multi-Year Partnership With Martial Arts UFC
(VeChain) VeChain native token VET rose more than 4% on Thursday on the news, and the network will be the first official blockchain partner for mixed martial arts entity UFC.…
Optimism Loses 20M OP Tokens, Cites Wintermute’s Error
(Optimism) Ethereum scaling layer Optimism has lost 20 million OP governance tokens worth around $35 million to a hacking attack. Optimism says that the hack was facilitated by a mistaken…
PayPal Starts Supporting Native Transfers of Crypto to Other Wallets and Exchanges
(PayPal) PayPal has announced a new crypto feature that will allow transfers of cryptocurrencies from the platform to other wallets and exchanges. The payment giant said that the implementation of…
Yuga Labs Seals Loophole Used to Mint Limitless Bored Ape NFTs
(Twitter) Yuga Labs has announced that it has eradicated the ability to mint limitless Bored Ape Yacht Club NFTs. The contract owner has now been burned. While we’d been meaning…
Bridgeless DeFi Transactions Are Coming, Thanks to a New Feature by DeversiFi
(CoinDesk) Decentralized exchange DeversiFi is initiating a new feature that will integrate multiple chains in a cost-efficient way. The new feature aims to solve the problem associated with the current…
Bermuda Welcomes First Digital Asset Bank to Cement Its Crypto Haven Status
(Jewel Bank) The Bermuda Monetary Authority has licensed the Jewel Bank to operate as a fully-fledged digital asset service provider. Upon issuance of the license, Jewel Bank will serve digital…
Inside US Bipartisan Crypto Bill That Seeks to Classify Most Cryptos as Commodities
(CNBC) Senators Kirsten Gillibrand and Cynthia Lummis are ready to bring on board the first major bipartisan legislation that will tackle issues in the crypto sector. One of the main…
BNB Falls Under SEC Radar in Alleged Security Offering Rule Breach
(Bloomberg) The world’s fifth-largest cryptocurrency BNB is under investigation by the US Securities and Exchange Commission on allegations it was offered as security in 2017. SEC reportedly argues that Binance…
PancakeSwap’s Token Jumps Nearly 10% As Binance Discloses Investment
(Binance) PancakeSwap native token CAKE rose almost 10% on Monday after Binance Labs made a “strategic investment” in the utility governance token. Binance Labs said it intends to channel the…
Japan Passes Law Requiring Stablecoins Be Linked to Yen or Another Legal Tender
(Bloomberg) Japan has passed a law that requires stablecoins to be linked to the yen or another legal tender in the wake of the collapsed TerraUSD token. The new law…
OPEC+ Could Reportedly Hike Its Planned Oil Output by 50%
(Bloomberg) A panel of ministers of the oil cartel OPEC+ has reportedly recommended adding 648,000 barrels a day of oil in the market in July and August. The intended boost…
Solana’s Native Token SOL Falls 11% as Another Outage Hits Network
(Twitter) Solana’s native token fell more than 11% in 24 hours after the network went down for four hours, prompting a restart by validators. Block production on Solana Mainnet Beta…