Coinbase to file order seeking dismissal of SEC lawsuit
Paul Grewal said Coinbase will seek to dismiss the SEC’s suit on Aug. 4 which will argue that it never sold securities as the regulator alleged. Go to Source Powered by WPeMatico
Month: August 2023
Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble
Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year. Go to Source Powered by WPeMatico
Digital Dollar Project completes CBDC retail remittance pilot with Western Union
The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency. Go to Source Powered by WPeMatico
Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack
The exploit on July 30 resulted in the theft of roughly $70 million in cryptocurrencies, bringing the bounty close to $7 million. Go to Source Powered by WPeMatico
‘Computer language that anyone can read’ launches Aeternity compiler
Lexon now features a compiler that allows users to translate code from it to Solidity, Sophia or JavaScript. Go to Source Powered by WPeMatico
Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus
The company beat estimates while non-trading revenue beat trading revenue. Go to Source Powered by WPeMatico
Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?
Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory? Go to Source Powered by WPeMatico
Polygon Zero accuses Matter Labs’ developers of plagiarism
Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution. Go to Source Powered by WPeMatico
Futureverse co-founders launch $50M venture fund
The AI metaverse company raised $54 million in a Series A round in July. Go to Source Powered by WPeMatico
Could a Bitcoin bull run be triggered by Fitch’s US credit rating downgrade?
Fitch downgraded the US credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin price benefit from this decision? Go to Source Powered by WPeMatico
