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Blockchain
Base suffers first major outage since launch
Coinbase's Ethereum layer-2 network Base has suffer its first major outage since its public launch on Aug. 9. For approximately 45 minutes on Sept. 5, no new…
Tether’s Ardoino says it’s now a top buyer of US Treasury bills, holds $72.5B
Stablecoin issuer Tether has become one of the world’s top buyers of United States Treasury bills, according to Tether chief technology officer Paolo Ardoino. In…
80 Chinese crypto influencer accounts shut down in latest crackdown
The accounts had over 8 million in combined followers before they were removed.
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Coinbase to upsize debt repurchase by $30M
Cryptocurrency exchange has upsized its debt buyback offer from $150 million to $180 million.According to the Sept. 5 announcement, Coinbase will commit a total…
40% of crypto trading platforms are decentralized: World Federation of Exchanges
A report from the World Federation of Exchanges (WFE) noted that 40% of the crypto trading platforms are decentralized and make use of distributed ledger…
Nima Capital goes dark after dumping 9M SNY tokens, community calls it VC rug
The price of the native token of decentralized finance (DeFi) cross-chain bridge Synapse (SNY) plummeted on Sept. 5 after an unknown liquidity provider on the…
Cronos Labs begins recruitment phase for $100M accelerator program
Web3 startup accelerator Cronos Labs has launched the third cohort of its accelerator program which aims to support early-stage projects by providing funding…
Micro $3 Bitcoin miners won’t make bank, but that’s not the point: Inventors
While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors…
Grayscale victory, SEC delays decision on Bitcoin ETFs: Law Decoded
On Aug. 29, crypto asset manager Grayscale Investments scored a major victory against the United States Securities and Exchange Commission in its efforts to…
Failure to tax the metaverse ‘will create a tax haven’ — Harvard legal expert
Harvard legal scholar and Yeshiva University law professor Christine Kim recently published a research paper detailing arguments for not only taxing the metaverse…