Uniswap settles CFTC charges, Polygon’s new ‘hyperproductive’ POL token: Finance Redefined
The CFTC’s director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygon’s native token executed a key technical upgrade.
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Insiders sold MicroStrategy stock after Bitcoin’s bull run
Virginia-based enterprise software company MicroStrategy has captured the attention of crypto and financial news outlets alike with its CEO’s atypical strategy of going all-in on Bitcoin, beginning in 2020, with some reporters quipping that the company has since morphed into something closer to a Bitcoin (BTC) investment vehicle than a software firm. Recent filings with the…

Bitcoin traders warn of tough Q3 as Nikkei echoes 'Black Monday' 1987
Bitcoin faces traditionally challenging months while Japan sees stocks sell-off unmatched in nearly 40 years.

Neo Announces New Consensus Mechanism For Its New Mainnet
Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0), on its mainnet, according to a press release on June 4.The new algorithm purportedly provides immediate transaction finality. dBFT 2.0 includes a new procedure for reintegrating failed nodes back into the network, and also adds…

Crypto mining demand soars in Vietnam amid Bitcoin rally
One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices. 706 Total views 6 Total shares The cryptocurrency mining market in Vietnam is reportedly reviving amid the renewed crypto rally, where Bitcoin (BTC) has surged above $51,000 for the first time since May.Crypto-related…

Why the collapse of CeFi institutions proves crypto’s core pillars
The crypto space endured a series of unfortunate events in 2022, beginning with the Terra debacle and ending with FTX’s chaotic death spiral. These events heightened consumer skepticism and hesitancy toward crypto platforms; yet, the industry is holding steady today. The market is even trending upwards at the time of writing. Crypto’s current potential trajectory toward a…

BTC/KRW pair dipped 30% as South Korea’s president declared martial law
In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea’s parliament.

Sealing docs in Binance case could suggest a criminal probe, says former SEC official
According to John Reed Stark, the U.S. Justice Department may intend to indict or already indicted Binance, suggesting a motion in civil court was aimed at keeping this secret. 91 Total views 3 Total shares The legal team representing the United States Securities and Exchange Commission (SEC) in its civil case against Binance is requesting…

Solana-based DEX Jupiter acquires majority stake in Moonshot
Jupiter, Solana’s third-largest DeFi protocol, acquires a stake in Moonshot, though the deal’s specifics remain undisclosed.