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DeFi

Privacy-focused Nillion Network Integrates with Arbitrum

The “blind computing” protocol aims to provide privacy and scalability features to Arbtirum’s 600+ dApps.
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People

Former Kansas Bank CEO Gets 24 Years in Jail After Falling for ‘Pig Butchering’ Scam

Shan Hanes embezzled $47 million and lost it all to a common crypto scam.
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Markets

Bitcoin and Ethereum Rally as Fed Chair Hints at Imminent Rate Cuts

Over $6 million has been wagered on Polymarket on potential outcomes of the Federal Reserve's September interest rate decision.
Bitcoin Transaction Fees Spike 10x Amid Babylon’s Mainnet Launch
Blockchains

Bitcoin Transaction Fees Spike 10x Amid Babylon’s Mainnet Launch

Users maxed out Babylon’s 1,000 BTC deposit limit within four hours despite the protocol limiting transfers to 0.05 BTC per transaction.
Tron Community Shaken By 12,000 BTC Withdrawal From USDD Reserves
Tokens

Tron Community Shaken By 12,000 BTC Withdrawal From USDD Reserves

This decision was executed without action from the Tron DAO. 
Sony Unveils Web3 Division and Layer 2 Network
Blockchains

Sony Unveils Web3 Division and Layer 2 Network

Sony Block Solutions Labs and Startale Labs will soon launch a testnet for the upcoming Soneium Layer 2 network.
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Markets

Bitcoin Price Rises Despite Uptick in Unemployment Claims

Traders await Powell’s speech at the Jackson Hole Economic Symposium on Friday.
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NFTs & Web3

Magic Eden Announces Native $ME Token

The multichain NFT marketplace is beginning the rollout of its long-awaited token.
AVAX Surges On Grayscale Avalanche Trust Announcement
Markets

AVAX Surges On Grayscale Avalanche Trust Announcement

Grayscales now offers 22 digital asset trusts, including 18 single-asset funds.
Franklin Templeton’s On-Chain Treasuries Fund Launches On Avalanche
TradFi & Fintech

Franklin Templeton’s On-Chain Treasuries Fund Launches On Avalanche

The move comes two weeks after the fund expanded onto Arbitrum.