Miami Heat star, ‘Bitboy’ agree to cough up $340K to settle Binance promo suit
Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing.
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SIM Swap Hackers Target Crypto Investors — Cell Services Not Available
On June 11, it came to light that California resident Richard Yuan Li had been charged with conspiracy to commit wire fraud for his role in a number of SIM swap attacks that targeted at least 20 individuals. Not only that, but as part of his elaborate money swindling scheme he also attempted to extort…

Cointelegraph Accelerator opens applications for its upcoming cohort, offering investment to innovative projects
Selected startups will receive seed investment, marketing and mentorship support, media exposure and networking opportunities to drive innovation in the blockchain industry.

Crypto Biz: The biggest problem with DeFi isn’t what you think
Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed funding in a bid to boost DeFi adoption among institutions. In his pledge to help build “DeFi 2.0,” Lepsoe described one of…

IOTA Foundation Launches Trinity, a New Software Wallet for IOTA tokens
The IOTA Foundation has launched the Trinity wallet, as the organization announced in a press release on July 2.The announcement advertises the Trinity wallet as an improve to both ease-of-use and security for users conducting transactions in IOTA, with the purported goal of appealing to both new and advanced users.Reportedly, the wallet’s beta version has…

Mango Labs sues DAO members for alleged embezzlement scheme
The drama around Mango Labs just never seems to stop. Its problems are with its own members, too.

Multicoin Capital eyeing AI agents, institutional ‘frenzy’ in 2025
The venture firm expects 2025 to see a proliferation of tokenized securities and the emergence of AI agent "alpha hunters."

First DeFi project on Cardano shifts over from Polkadot
Bondly will transition its cryptocurrency, OTC platform BSwap, and e-commerce platform BONDProtect over to Cardano from Polkadot. Decentralized e-commerce platform Bondly will be the first decentralized finance project to run on the Cardano blockchain as part of the platform’s roll-out of the Goguen smart contract functionality.In the Twitter announcement, the firm that built the Cardano…

Fintech Firm Hopes to Overhaul Microwork Industry With Platform Built on Blockchain
An established mobile fintech platform with more than 5 million users across 200 countries is launching a decentralized ecommerce ecosystem designed to help anyone with a smartphone make a living, thereby democratizing wealth distribution.Vodi X is the partner company of Vodi, a company that offers its customers the ability to instantly top up prepaid mobile…