Hex Trust Group launches, USDX, the first native stablecoin on Flare Network
Hex Trust launches USDX, the first native stablecoin on Flare, backed 1:1 by USD. USDX can be staked in Clearpool’s T-Pool for real-world yield without...
Bitcoin surges above $70k again as Bitbot’s presale officially hits $3.5m
Key takeaways BTC is now trading around $71k per coin after adding 6% to its value. Bitbot’s presale has officially crossed the $3.5 million mark...
Gala CEO points to “messed up” internal controls in $200 million exploit
Gala CEO says “we messed up our internal controls” after $200 million exploit. Attacker managed to sell 600 million tokens worth over $23 million; 4.4...
Yuga Labs discontinues CryptoPunks amid backlash over ‘woke’ collection
Yuga Labs faces backlash over its new Super Punk World collection. The Super Punk World collection pays homage to the irreverent, early-internet roots of CryptoPunks....
Injective, Fantom soar as Bitcoin price surges past $68k
Injective price rose 10% to above $27.26, while Fantom hit $0.96 after surging 12%. Gains for the altcoins came as Bitcoin price crossed the $68,000...
Grayscale CEO Michael Sonnenshein steps down
Michael Sonnenshein has stepped down as CEO of Grayscale. Grayscale announced that Peter Mintzberg is the new CEO, effective August 15, 2024. Sonnenshein joined Grayscale...
Crypto exchange BingX to launch USDC-margined futures trading
BingX is launching USDC-margined trading, a Launchpad and Launchpool as it celebrates its sixth anniversary. The platform plans to expand to Turkey, Vietnam and Argentina...
Genesis to return $3B to customers after court approves bankruptcy plan
Genesis Global gets court approval to repay $3 billion to customers. Judge Sean Lane overruled an objection from Genesis parent company Digital Currency Group. DCG...
Solana memecoin protocol pump.fun exploit mastermind arrested in London
Jarett Dunn, aka @STACCoverflow, arrested in London for Solana memecoin exploit. Dunn used flash loans to manipulate pump.fun, stealing $2 million in liquidity. Released on...