Crypto
Tassat Appoints Glen Sussman as CEO in Pursuit of Institutional Development
Glen Sussman takes over the role of CEO at Tassat, following the leadership of Zain Saidin who transitions to a new advisory position.
Business
Blockchain Lender Figure Enters IPO Frenzy with Nasdaq Listing Bid for 'FIGR'
Figure, the blockchain lender co-founded by Mike Cagney, has filed for an IPO to list its shares on Nasdaq as a part of a growing trend in crypto market offerings.
Finance
Circle Acquires Malachite for New Blockchain Initiative
Circle, the issuer of the USDC stablecoin, has announced the acquisition of Malachite, a consensus engine from Informal Systems, to enhance its upcoming Arc blockchain aimed at stablecoin transactions.
Finance
The Rise of Proprietary Blockchains: Circle and Stripe Join the Movement
Companies are increasingly launching their own blockchains to enhance transaction efficiency and control over digital asset payments.
Business
Jason Zhao Steps Back from Story Protocol to Launch New AI Initiative
Co-founder Jason Zhao is transitioning from his role at Story Protocol to focus on a new AI venture named Poseidon.
Finance
XRP Ledger Powers Payment System for Pharmacies via Nasdaq-Listed Distributor
A Nasdaq-listed distributor is launching a payment system powered by the XRP Ledger, aiming to enhance financial transactions across 6,500 pharmacies.
Business
Dinari to Unveil Its Own Blockchain Focused on Tokenized Stocks
Dinari is launching a blockchain network aimed at facilitating the trading and clearing of tokenized public equities.
Crypto
Examining Who Is Liquidating Bitcoin Amidst Record Prices
BTC recently soared past $124,000, yet its momentum appears to have diminished, raising questions about who is selling and why.
Blockchain
Sapien Foundation Launches Token Generation Event for AI Data Foundry
The SAPIEN token generation event will take place on Aug. 20, enabling a decentralized approach to AI data management.
Business
Stripe Appoints Matt Huang from Paradigm to Lead New Blockchain Initiative Tempo
Stripe has chosen Matt Huang as the CEO for its new blockchain project, Tempo, designed to enhance payment efficiency.
Crypto
OKX Cuts OKB Token Supply by 50% with Historic $7.6 Billion Burn, Leading to Price Surge
OKX's massive $7.6 billion token burn has halved the circulating supply of OKB and caused its price to soar over 200%.
Business
Circle Introduces Arc Layer-1 Blockchain and Reports Significant Q2 Loss
Circle announced a $428 million net loss for Q2, despite a revenue boost linked to its USDC stablecoin, while unveiling its new Arc blockchain aimed at enhancing stablecoin transactions.
Crypto
Swiss Bank Sygnum Expands Access to SUI Custody and Trading for Institutions
Sygnum is enhancing access to the Sui blockchain for institutional clients by introducing custody and trading services, with plans to include staking and collateral-backed loans later in the year.
Business
CrediX Team Disappears Following $4.5 Million Exploit in Speculated Exit Scam
After a significant breach that drained $4.5 million, the team behind CrediX has gone silent as their online presence remains offline.
Blockchain
Chainlink Unveils LINK Reserve to Enhance Network Expansion
Chainlink introduces its new on-chain reserve aimed at boosting the adoption of its LINK token, leveraging income from fees paid by major institutions.
Business
Ripple's Report Highlights Over $100 Billion Investment by Banks in Blockchain Infrastructure Since 2020
A report indicates traditional banks are significantly investing in blockchain-related technologies, predicting a major financial transformation by 2028.
Crypto
SEC Introduces Project Crypto to Transition Markets to Blockchain Technology
The SEC aims to modernize U.S. financial markets by launching Project Crypto, a plan to transition trading, custody, and fundraising to blockchain infrastructure.
Altcoins
Week in Review: Ghana's Exchange Licensing, Luno's New Feature in Nigeria, and DRC's Blockchain Integration
This week in African crypto news, Ghana prepares to license crypto exchanges, Luno rolls out new staking features in Nigeria, and the DRC adopts blockchain for diploma verification.
Altcoins
Solana Increases Block Capacity to 60 Million Units to Alleviate Network Congestion
Solana's recent upgrade boosts its block capacity to manage higher transaction volumes, aiming for reduced fees and improved performance.
Altcoins
Hyperlane HYPER Crypto Increases 50% in Just 48 Hours: Could $1 Be Next?
HYPER crypto has surged by 50% in less than two days. With a strong bullish sentiment, can it reach the $1 mark? The recent release of Warp Routes 2.0 enhances its attraction for interoperability.
