The United States has started a complaint to seize nearly $200,000 worth of Tether held on Binance associated with a pig-butchering scam

Tether, through its venture arm Tether Investments, will invest $1 billion in startups focusing on alternative financial infrastructure, artificial intelligence, and biotech by 2025. CEO Paolo Ardoino noted that the strategy aims to diversify holdings beyond their stablecoin, USDT, and build financial influence in emerging markets and technology sectors that challenge traditional finance models. This move aligns with Tether’s recent profitable streak and its plans to reduce reliance on major tech firms, despite facing past regulatory challenges.

AI tokens FET, AGIX, OCEAN merger is delayed a few weeks

Ethereum layer-2 network Polygon launches 1 billion POL community treasury to drive developer innovation in its ecosystem.

Ledgible launches tax reporting for tokenized real-world assets, aiding enterprises with compliance under IRS Form 1099-DA mandates.

Web3 infrastructure startup Biconomy has launched a solution that supports the safe delegation of on-chain operations to artificial intelligence agents. 

SubQuery Network, a Web3 infrastructure provider, has unveiled two new decentralized Remote Procedure Calls (RPCs) for the Polkadot ecosystem

IO price fell to lows of $3.40 after trading opened on crypto exchange Binance on Tuesday.

Akash Network, a leading player in the decentralized cloud computing sector, has seen its native token, AKT, emerge as one of the top gainers among the top 100 cryptocurrencies

The United States Federal Trade Commission (FTC) has warned the public of the rise in romance scams that often involve cryptocurrencies

UwU Lend was hacked out of $19.3 million

Prices of MAGA, MAGA Hat and Super Trump memecoins dropped amid declines for Trump Media stock

Apple’s iOS 18 introduces Tap to Cash for seamless money transfers, challenging crypto adoption with its convenience and security.

Crypto custody firm Fireblocks is joining forces with Coinbase International Exchange to protect customer funds.

Squads Labs raises $10 million round, launches first-ever Solana smart wallet

DeFi platform Jellyverse has launched new features for the Jellyverse ecosystem

MOTHER holders will soon be able to buy smartphones and cell plans

Jupiter's founder said memecoins could be a gateway for attracting new Web3 users en masse and an on-ramp for understanding the larger cryptocurrency stack.

The Solana Foundation has ousted several validators from its delegation program for participating in sandwich attacks, which exploit users by manipulating transaction orders for profit. This decision complements the foundation's commitment to uphold network integrity and protect retail users from such malicious activities. Validators involved in these front-running tactics will no longer receive SOL tokens from the foundation, although they can still operate independently on the permissionless network.

Crypto investment products, led by Bitcoin ETFs, registered a remarkable $2 billion inflow in June, driven by investor optimism over potential US rate cuts. Over the last five weeks, Bitcoin-focused investments accumulated $4.3 billion, while Ethereum and certain altcoins like Fantom and XRP also reported increased inflows. This surge in investment is correlated with expectations of softer US macroeconomic policies, pushing the total crypto assets under management above the $100 billion mark for the first time since March.

UwU Lend, a decentralized finance (DeFi) protocol, faced a $19.3 million exploit involving tokens like wrapped ether and Bitcoin. The funds were stolen from a single wallet and largely traded on Uniswap. This security breach highlights vulnerabilities in UwU Lend's systems, despite its reliance on audited smart contract code from AAVE V2. The incident has occurred amid previous controversies associated with its co-founder Michael “Sifu” Patryn, raising further concerns over the platform's safety measures.

Hackers have allegedly targeted OKX, stealing funds from at least two accounts in a sophisticated attack involving SMS risk notifications and the creation of new API keys

Polyhedra has announced the launch of a temporary staking program, offering participants a total of $1.13 million worth of ETHFI, ID, and CYBER tokens in USDT value

South Korea’s Financial Services Commission (FSC) is changing its stance regarding non-fungible tokens (NFTs), looking to classify some of them as virtual assets

Ripple executives met Georgia's National Bank Governor, Natia Turnava, to discuss digitalizing the economy with blockchain

Blockchain technology undeniably shapes the future of decentralization, especially through application-specific blockchain platforms that promote decentralized networks.

To meet the urgent challenge of the climate crisis, we need a paradigm shift in our approaches, and decentralized technologies of web3 are the solution.

Friend.tech unveiled plans for Friendchain, a proprietary blockchain that will utilize the FRIEND token as a fully transferable gas token.

Ripple Chief Technology Officer David Schwartz reacts to latest twist in Satoshi saga

The next era of gaming promises to be more accessible, rewarding, and engaging, driven by the adoption of this transformative technology.

Multi-chain-focused protocol dWallet announced its arrival on layer-1 blockchain to bolster the defi and web3 gaming user experience. 

What does the launch of Telegram Stars mean for the future of digital commerce within the app’s ecosystem?

The Hong Kong Monetary Authority (HKMA) has alerted the public to an allegedly fraudulent activity conducted via a crypto exchange falsely claiming to be regulated by the HKMA

Crypto exchange Coinbase has unveiled a new metric dubbed the h-index to address distortions in tracking onchain adoption caused by airdrop-related activities.

Norwegian authorities have successfully frozen and returned $5.7 million in stolen crypto from the Ronin bridge attack

StarkWare says its plan to expand its scaling technology to the Bitcoin network won't result in forking Starknet or making a new token.

Trust Wallet has issued a warning about scam apps listed on Xiaomi and Amazon stores, urging users to download the application only from verified sources

Former U.S. federal prosecutors and agents have urged the U.S. Department of State to help free Tigran Gambaryan, Binance's head of financial crimes and compliance

The medical technology firm now holds almost $59 million worth of BTC, and has plans to buy up to $150 million more.

Unstoppable Domains and Blockchain.com have announced a partnership to launch and promote a DNS-enabled web3 domain under the ".blockchain" extension

Treasury Secretary Janet Yellen raised significant concerns over the risks AI technology poses to financial stability.

The Solana-based meme coin GameStop (GME) surged 94% in the last 24 hours and 395% over the past week, driven by a livestream announcement from investor RoaringKitty. This increase led GME token's recent performance to surpass all other Solana meme coins, as well as influencing significant gains in related tokens such as Roaring Kitty (KITTY) and Deep F*cking Value (DFV). The rising interest has pushed the total market cap for Solana meme coins close to $10 billion.

Mikol, a Solana memecoin developer, accidentally set himself on fire while trying to promote his cryptocurrency to a live-streamed audience. 

Top crypto exchange Kraken has entered discussions for a final funding round before going public. 

Kraken, a major crypto exchange, is seeking to raise over $100 million in pre-IPO funding amid growing interest in the crypto market and potential regulatory relaxations in the US. The exchange aims to bolster its mission of promoting global crypto adoption and is eyeing an initial public offering as early as next year, contingent on strategic board appointments and successful fundraising. This move follows Kraken's previous regulatory challenges and a recent positive shift in US regulatory attitudes towards crypto.

Asset management giant Franklin Templeton is exploring the launch of a new private fund aimed at institutional investors, focusing on alternative cryptocurrencies (altcoins) and staking rewards. This potential expansion follows Franklin Templeton's established ventures in cryptocurrency, which include a spot Bitcoin ETF and an upcoming Ether ETF with SEC approval pending. Additionally, the firm recently enabled investments via USD Coin on its Benji Investments platform, further integrating crypto solutions into its offerings.

At a panel discussion at Money20/20, experts expressed the need for taditional financial institutions to embrace blockchain technology