VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources
"We don't wish the burden of unnecessary subpoenas on anyone," a spokesperson for Uniswap told CoinDesk.
Nigeria’s Crypto Thaw: Not What It Seems
The Nigerian government’s long-running hostility towards the crypto industry seems to be abating. Or is it? Noelle Acheson looks at how the recent licensing of two crypto exchanges in Nigeria may not represent the shift we’re hoping for.
Nigeria’s Crypto Thaw: Not What It Seems
The Nigerian government’s long-running hostility towards the crypto industry seems to be abating. Or is it? Noelle Acheson looks at how the recent licensing of two crypto exch...
Bond Volatility in US to Eclipse Europe as Economy Cools
(Bloomberg) -- Bond traders are bracing for wilder market swings in the US than in Europe amid signs the world’s largest economy is faltering.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe Outsized Cost of Expanding US RoadsA measure of volatility in US rate markets over the coming month rose to the highest since July 2023 on a closing basis on Wednesday. The move came after data showed job openings fell to t
Telegram Game 'Catizen' Sets Token Launch Date as Pre-Market Trading Expands
Catizen, a Telegram-based puzzle game, has announced its token will launch on September 20 following a delay that pushed its CATI token—which will be minted on The Open Network (TON)—out from its original July target. On Thursday, crypto exchange Bybit posted that it will list CATI for spot trading on September 20. Catizen shared the news through its official channels, as well, confirming the date in the process. Tokens can only be spot traded once the token generation event (TGE) takes place, s...
Ethereum Restaking Protocol EigenLayer Handing Out 86 Million More Tokens
The Eigen Foundation, the organization behind Ethereum restaking protocol EigenLayer, is launching another airdrop rewards wave. In a Thursday post, the Foundation said that a total of approximately 86 million tokens will be released from September 17 in its “stakedrop” and go to users and contributors who have actively helped the project. The “Season 2 stakedrop” will dish out 70 million tokens to those who staked and operated nodes. Ecosystem partners and the EigenLayer community will receive...
Bitcoin Liquid Staking Comes to Zest Protocol on Stacks With BTCz
With staking becoming a reality for Bitcoin's own layer-1, you’ll just as soon be able to trade liquid staking tokens on Bitcoin layer-2 networks. Zest Protocol, a Bitcoin decentralized finance (DeFi) service available on Stacks, announced the launch of BTCz on Thursday—a BTC equivalent that will earn yield for holders through the fast-rising Babylon staking system. “The BTC yield comes from Babylon staking or other BTC staking protocols that might launch in the future,” said Tycho Onnasch, co-f...
Pump.fun Retakes Lead Over Tron's SunPump as Justin Sun Pushes 'Celebrity Season'
Solana-based meme coin factory Pump.fun has retaken a key statistical lead over SunPump, nearly two weeks after the Tron token launchpad flipped Pump.fun in daily created coins. On August 21, SunPump created 1,658 more tokens than Pump.fun over a 24 hour period. But this token creation dominance was short-lived. On Wednesday, according to Dune data, SunPump created just 1,258 tokens, falling 83% from 7,531 tokens created just two weeks prior. This decline can also be seen in the Tron launchpad...
Startup Supercharges ‘AI Ambassadors,’ 3D Worlds With Google Cloud
Connecticut-based 3D and virtual reality startup Infinite Reality aims to leverage the computing and generative AI power of Google Cloud through a multi-year deal, the company announced on Thursday. With the new arrangement, which includes incorporating Google’s Gemini AI, Infinite Reality said customers and brands will be able to create AI-powered 3D virtual worlds and immersive environments for websites and apps. “Our partnership with Google is laying the foundation for massive adoption of imm...
Fed Issues Cease and Desist Order to United Texas Bank Over Crypto-Related Concerns
The United States Federal Reserve has issued a cease and desist order to United Texas Bank, citing deficiencies in the bank's risk management systems, particularly in its dealings with crypto clients. The order, dated September 4, 2024, follows an examination of United Texas Bank conducted by the Federal Reserve in May. The examination revealed issues within the bank's corporate governance structure and identified oversights by the board of directors and senior management. The Federal Reserve id...
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