Solana decentralized exchange (DEX) Raydium has seen its RAY token slump overnight following yesterday’s abortive attempt to launch a meme coin using a Twitter token launchpad. Per data from CoinGecko, Raydium is currently priced at $2.06, down 5.1% on the day and 12.9% on the week, after dropping to a local low of under $2. The token remains up over…
The integration will also offer Bybit users daily airdrop rewards for holding Ethena’s USDe. Source: https://cointelegraph.com/news/ethena-labs-usde-bybit-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Facing liquidity challenges and security exploits, Kujira plans to establish an Operational DAO to stabilize its ecosystem. Source: https://cointelegraph.com/news/kujira-proposes-dao-to-tackle-liquidity-security-issues?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH price has declined 10% since the approval of spot Ethereum ETFs, with open interest depreciating by over $250 million over the past 24 hours. Source: https://cointelegraph.com/news/is-ethereum-price-about-to-go-under-3k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Montenegro Appellate Court upheld its decision to extradite Do Kwon, the founder of Terraform Labs, to South Korea. The August 1 ruling marks the conclusion of a protracted legal saga involving multiple appeals and judicial reversals. The Appellate Court confirmed the June 28 decision of the Higher Court in Podgorica, which granted the extradition request from South Korea while rejecting…
Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the Venezuelan presidential election. While the country’s electoral authority, the Electoral National Council (CNE), proclaimed President Nicolas Maduro as the winner, the opposition forces contested the election. This is due to the lack of a complete breakdown […] Source: https://news.bitcoin.com/polymarket-3-8-million-venezuelan-presidential-election-bet-still-undecided/
The outcome of this case could set a significant precedent, not just for Suno and Udio but for the broader AI and music industries. Source: https://cointelegraph.com/news/suno-ai-training-fair-use-riaa-lawsuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024 builds on the DARE Act, 2020, introducing significant reforms to address the evolving digital asset landscape. Christina Rolle, Executive Director of the Securities Commission, emphasized […] Source: https://news.bitcoin.com/bahamas-enacts-digital-assets-and-registered-exchanges-act/
Bitfarms CEO Ben Gagnon said that the company earned 62% more Bitcoin since the Bitcoin halving event in April. Source: https://cointelegraph.com/news/bitfarms-earnings-increase-july-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Active users of the Bitcoin.com Wallet app can now claim their VERSE tokens. Bitcoin.com, a pioneer in the cryptocurrency space since 2015, has announced that the initial airdrop of Bitcoin.com’s ecosystem token VERSE is now live. As approved by the results of a community-led proposal, active Ethereum users of the Bitcoin.com Wallet app are now […] Source: https://news.bitcoin.com/bitcoin-coms-first-verse-airdrop-goes-live/
