29 Aug 2024
TON activity halted twice in a single day, surpassing ten-hour downtime
The Open Network (TON) is facing another block production halt after nearly six hours of downtime experienced earlier today. According to on-chain data, the latest block was produced four hours ago. In an X post, the official TON profile attributed the disruption to the minting of DOGS, a token distributed to Telegram users. Read more
Uniswap and Across propose new Ethereum token standard to tackle liquidity fragmentation
Uniswap Labs and cross-chain interoperability provider Across Protocol have proposed a new Ethereum token standard for cross-chain intents to address liquidity fragmentation challenges. The new standard is under Ethereum Request for Comment 7683 (ERC-7683) and aims to establish a unified framework for specifying cross-chain actions in intents-based systems. Intents are automated blockchain interactions. Read more
The Protocol: The Impact of Telegram CEO's Arrest on TON Blockchain
Blockchain analysts are reminding investors how closely the messaging app Telegram, whose just-arrested CEO Pavel Durov awaits a hearing in a French court, is intertwined with the fate of TON blockchain and its native cryptocurrency, toncoin. ALSO: What's up with Vitalik's DeFi diss? Read more
Crypto Is Now a Non-negotiable for Traditional Banks
Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger. Read more
Binance CEO Teng Rejects Allegations the Exchange Froze All Palestinians' Funds
The crypto exchange complies with anti-money laundering legislation, he said. Read more
Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN). Read more
Cardano Blockchain Heads for 'Chang Hard Fork,' Biggest Upgrade in Two Years
The main feature of the upgrade is to give Cardano the ability to introduce on-chain governance features. Read more
Nvidia Q2 revenue beats expectations in record-setting boost to AI sector
The company expects the next quarter to be even better, with improvement projected across nearly every vertical. Read more
‘Overly optimistic’ Bitcoin traders washed out as BTC futures turn ‘neutral’
The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish. Read more
Anthropic’s ‘Artifacts’ turn AI conversations into useful documents
The feature is now generally available for users on free and paid plans. Read more
Hong Kong’s Project Ensemble sandbox ready to test asset tokenization
The HKMA’s project is gearing up for more testing after successful initial trials. Read more
BlackRock launches Ether ETF in Brazil
The asset manager has expanded its portfolio of crypto-based products in Brazil with the debut of the recently launched iShares Ethereum Trust through a depositary receipt. Read more
Can Bitcoin get a green monthly close above $64.3K?
Bitcoin’s summer illiquidity could carry on into September, but lower interest rates could kickstart the real bull market in early 2025, according to analysts. Read more
Bitcoin Long-Term Holders Realized Capitalization Surpasses $10 Billion for the First Time
Long-term Bitcoin holders now possess over $10 billion worth of the asset. Read more
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