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Tether Reports $5.2 Billion Profit in First Half of 2024
CeFi

Tether Reports $5.2 Billion Profit in First Half of 2024

The stablecoin issuer reported record-breaking profits, treasury bill ownership, and reserves.
Polyhedra Launches ‘ZK-As-A-Service’ Platform In Partnership With Google Cloud
Blockchains

Polyhedra Launches ‘ZK-As-A-Service’ Platform In Partnership With Google Cloud

Polyhedra’s Proof Cloud comprises a ZK prover marketplace and benchmarking platform for L2 developers.
 image with neon colors, depicting car titles being downloaded onto a blockchain
Blockchains

California DMV Brings Car Titles onto the Avalanche Blockchain

The move sees the DMV digitize 42 million vehicle titles on Avalanche to simplify management.
Degens Can Now Make Memecoins From Tweets
DeFi

Degens Can Now Make Memecoins From Tweets

Four steps and users can launch their memecoins on makenow.meme.
 image of cute, happy hamsters having a playful boxing match
DeFi

Telegram Game Hamster Kombat Plans to Airdrop 60% of Tokens to Users

The airdrop announcement comes after the game decided to postpone its original plans in July.
Arbitrum To Expand Orbit Chains Beyond Ethereum Ecosystem
Blockchains

Arbitrum To Expand Orbit Chains Beyond Ethereum Ecosystem

Arbitrum’s community is hours away from passing a governance proposal enabling developers to launch Orbit chains outside of the Ethereum ecosystem.
federal reserve building
Markets

XRP Rallies 8% as Bitcoin and Ether Trade Flat Ahead of Fed

Key events this week include the FOMC meeting and Big Tech earnings from Apple, Amazon, and Meta.
Compound Governance Attack Reveals Inherent Vulnerabilities Of DAOs
DeFi

Compound Governance Attack Reveals Inherent Vulnerabilities Of DAOs

Many experts agree that DAOs are vulnerable to misaligned incentives and the whim of large tokenholders.
Movement Labs Integrates with Polygon’s AggLayer to Improve Liquidity on Move-based L2 Chains
DeFi

Movement Labs Integrates with Polygon’s AggLayer to Improve Liquidity on Move-based L2 Chains

Movement Labs’ public testnet has attracted $160 million in committed TVL.
How Is Haqq Network The First Ethical Blockchain?
Blockchains

How Is Haqq Network The First Ethical Blockchain?

Yana Levkovich is the Chief Operating Officer (COO) of Haqq Network, a blockchain platform designed to be Shariah-compliant and prioritize ethics in the Web3 space. The Haqq Network provides a secure ecosystem for users who follow Islamic principles in their digital activities. Its native cryptocurrency, $ISLM, supports transactions and governance within the network, adhering to Islamic guidelines.