Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments

Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling... Read more »

Grayscale outflows overshadow Ethereum ETF inflows

The launch of spot Ethereum ETFs has yet to live up to the market’s initial optimism, as reflected in their performance over the past few weeks. The Ethereum ETFs’ total on-chain holdings... Read more »

Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million

Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo... Read more »

Ethereum L2 Corn launches with $6.7 million in seed funding, integrates Bitcoin-backed gas

Corn, an Ethereum Layer-2 network that uses hybrid tokenized Bitcoin (BTC) as gas and offers Super Yield to its users, has launched after securing $6.7 million in seed funding led by Polychain... Read more »

Binance and Macau police team up to fight against online scams

Key Takeaways Binance integrates anti-fraud alerts to protect users from scams. Customized scam warnings are now issued to Macau users withdrawing assets from Binance. Share this article Binance and the Macau Judiciary... Read more »

Kaiko believes tokenized treasuries will retain appeal amid expected Fed rate cuts

Research firm Kaiko believes that tokenized Treasuries will continue to attract investors, even in the face of anticipated US Federal Reserve rate cuts, which can often diminish the appeal of fixed-income assets.... Read more »

Seychelles Approves Bill on Virtual Asset Regulation

The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a... Read more »

Solana funds see record $39 million outflows as meme coin volumes plummet

Key Takeaways Solana experienced record outflows of US$39 million amid a sharp decline in memecoin trading volumes. Bitcoin led inflows with US$42 million, while Ethereum saw US$4.2 million inflows despite mixed provider... Read more »

Bitcoin stolen in $238 million breach fails to get privacy shield, returned to original address

Privacy protocol RAILGUN said the 4,064 Bitcoin stolen in a high-profile security breach on Aug. 19 did not gain any privacy benefits on its platform. The platform clarified that the stolen funds... Read more »

Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms

Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest... Read more »