Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either...
Frax Finance Launches Frax Name Service for Decentralized Identity Management
Frax Finance has launched the Frax Name Service (FNS), a decentralized identity service that allows users to register unique names on the Frax...
Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention
The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative...
US Election-Year Bull Runs: How Bitcoin Historically Surged Post-Victory
With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started...
Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy
The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume...
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected...
What Web3 Games Need to Do to Break into the Japanese Market – IVC Partner Ann Chien
IVC is a Web3 venture capital fund backed by leading Japanese gaming studios. They focus on Web3 gaming, digital entertainment, AI, DeFi, and...
Telegram CEO Arrested, Coinbase CEO Bullish on Crypto Payments, and More — Week in Review
The arrest of Telegram CEO Pavel Durov in France has sent shockwaves through the crypto community. Coinbase CEO Brian Armstrong expressed optimism about...
Rollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer
According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they...
Gaming Blockchain Oasys Announces Partnership With Japanese Conglomerate SBI Holdings
Oasys, a Web3 gaming-oriented blockchain project, announced a strategic partnership with SBI Holdings, one of the largest financial conglomerates in Japan. As part...