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Stratis Ecosystem Growth Is Fueling a 121% Weekly Surge in STRAX Coin

By Godfrey Benjamin Jun 30, 2022 • 3 mins read

Stratis is defying the odds in the current bear market as it has a relatively bullish growth momentum where it rose by more than 121% over the past week. Bear markets are generally unfair to tokens with a lower level of adoption or a less diverse community and ecosystem.

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Grayscale Launches Lawsuit Against SEC Following Bitcoin Spot ETF Bid Rejection

By Tolu Ajiboye Jun 30, 2022 • 3 mins read

The Grayscale lawsuit against the SEC specifies that the company believes the Commission has no real grounds to deny the spot ETF request.

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Compound Labs Releases Code for Multi-Chain Lending Protocol – Compound III

By Ibukun Ogundare Jun 30, 2022 • 3 mins read

The team behind the DeFi lending protocol Compound, Compound Labs, has rolled out a code for a multi-chain lending protocol dubbed Compound III.

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Sweeping EU Crypto Regulations Likely this Week, EU to Trace Crypto Transactions

By Bhushan Akolkar Jun 30, 2022 • 3 mins read

Ahead of the departure of the French Presidency from MiCA, the EU negotiators pass the bill to trace crypto transactions and transfers.

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Binance CEO: Michael Saylor Will Have the Last Laugh

By Darya Rudz Jun 30, 2022 • 3 mins read

For MicroStrategy, Bitcoin is still the top digital currency, despite the downturn in market trends and volatility. And according to Binance CEO, there is common sense in such a position and Bitcoin-related decisions made by Michael Saylor.

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MicroStrategy Acquires Fresh 480 Bitcoins Amidst Crypto Market Onslaught

By Godfrey Benjamin Jun 29, 2022 • 3 mins read

American business intelligence, mobile software, and cloud-based services, MicroStrategy Incorporated has announced it has acquired an additional 480 Bitcoin (BTC) worth about $10 million.

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IOHK Submits Update Proposal to Hard Fork Cardano Testnet and Begins Countdown for Vasil Mainnet Upgrade

By Ibukun Ogundare Jun 29, 2022 • 2 mins read

The Cardano blockchain developer, Input-Output, has started counting down toward the launch of the long-awaited Vasil Network Upgrade.

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The New HTC Desire 22 Pro Comes with Crypto and NFT Wallet Features

By Bhushan Akolkar Jun 29, 2022 • 2 mins read

The HTC Desire 22 Pro features a “Viverse” app using which users can buy crypto and NFTs.

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Terra Labs Had $3.6 Billion Worth of Stablecoins that Might Have Been Used to Manipulate Prices

By Kofi Ansah Jun 29, 2022 • 3 mins read

The study, which was a collaboration between CoinDesk Korea and blockchain security firm Uppsala Security, used on-chain data forensic methods to look into Terra’s collapse following the incident on May 7.

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Coinbase Commerce Announces Feature Update, Support for New Assets

By Babafemi Adebajo Jun 29, 2022 • 2 mins read

Coinbase Commerce has updated its payment feature and added support for seven new digital assets, according to a new blog post.

By Darya Rudz Jun 29, 2022 • 3 mins read

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Luxury Watch Brand Breitling Adds Shiba Inu and Bitcoin as Payment Methods

By Darya Rudz Jun 29, 2022 • 3 mins read

Earlier, Breitling became the first luxury watch brand to extend digital blockchain technology to all of its products. In particular, the company started offering a digital passport secured by the Arianee protocol with all of its watches.

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Maker Governance Plans to Invest $500 Million in US Treasury and Bonds

By Bhushan Akolkar Jun 29, 2022 • 2 mins read

Several members of MakerDAO said that putting the unused funds in US treasuries help the protocol get a boost to its bottom line and that too with minimal risk.

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Dynamic Generates $7.5M in Seed Funding Led by a16z

By Ibukun Ogundare Jun 29, 2022 • 2 mins read

Web3 startup authentication and builder of authorization tools for developers, Dynamic, has secured $7.5 million in seed funding led by Andreessen Horowitz (a16z).

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Russian Parliament Gives Approval on Tax Break for Digital Assets Issuers

By John Caroline Jun 29, 2022 • 2 mins read

Cryptocurrencies and digital assets issuers in Russia may no longer have to worry about Value Added Tax (VATs) payments moving forward, all thanks to the proposed draft law that has seen approval from the State Duma.

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Ripple Labs Launches Hackathon to Promote CBDC Usage on XRP Ledger

By Godfrey Benjamin Jun 28, 2022 • 3 mins read

The blockchain payments company, Ripple Labs Inc has announced the launch of its hackathon dubbed Ripple CBDC Innovate challenge as it seeks to power innovation bordering on Central Bank Digital Currencies.