Elon Musk and Tesla Win Legal Battle Over Alleged Dogecoin Market Manipulation
TL;DR Elon Musk and Tesla won the class action lawsuit related to Dogecoin. The judge dismissed charges of market manipulation and fraud. Musk’s statements were deemed
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Bitcoin Supply on Exchanges Plummets—BTC Price Drops Below $60K
TL;DR Bitcoin price drops to $59,490.94, down 2.25% over the past week. Bitcoin reserves on exchanges have hit new yearly lows, reducing available liquidity. The move
$1M Gone in an Hour! Trader Falls Victim to Fake Mbappé Token After X Account Hack
TL;DR Kylian Mbappé’s Twitter account was hacked on August 29 to promote a fraudulent cryptocurrency token called MBAPPE. The value of the MBAPPE token soared to
Polymarket Bettors Lose $270K as Telegram CEO’s Quick Release Shocks Everyone
TL;DR Pavel Durov early release: The Telegram CEO was released on bail on August 28, earlier than expected by punters. Significant loss for stakers: The early
Kaia Blockchain Goes Live: Bringing Telegram-Style Apps to Line
TL;DR Kaia DLT Foundation officially launched its mainnet on August 29, standing out as the fastest and most efficient EVM blockchain in the world. Kaia Wave,
Xapo Bank Partners with Hilbert Group to Create $200M Bitcoin-Denominated Fund
TL;DR Hilbert Group and Xapo Bank have launched a Bitcoin-denominated hedge fund with an initial investment of over $200 million, set to begin in September 2024.
Terraform Labs Winding Down: Terra Blockchain Transitions to Community Management
TL;DR Terraform Labs (TFL) will begin to close its operations and management of the Terra blockchain will become a community-based process. Proposal 4818 will be the
Base L2 Shatters Records: 1 Million Daily Active Addresses and 200K Basenames in a Week
TL;DR Base L2 reaches 1 million daily active addresses and registers 200,000 new basenames in one week. Daily transactions on Base exceed 4 million; TVL on
Crypto Sees Largest Weekly Inflow in 5 Weeks—Bitcoin and ETH ETFs in the Spotlight
TL;DR Digital investment product revenues hit $533 million, highest amount in five weeks Bitcoin stands out with inflows of $543 million, while Ethereum faces outflows of
Tokenized US Treasuries Reach $2B Milestone as Private Credit Drives RWA Growth
TL;DR Total value of tokenized treasures exceeds $2 billion. Growth driven by private credit and US Treasuries is trending upward rapidly. The average yield to maturity
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