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Olympics Aren’t Spared By Degen Memecoin Makers
Markets

Olympics Aren’t Spared By Degen Memecoin Makers

DIKEC, named after the turkish silver medal winning shooter, is one of many memecoins that surfaced.
two boxers fighting in a ring, designed with a minimalistic approach and vibrant neon colors
DeFi

Solana Flips Ethereum in Monthly DEX Volume For First Time Ever

Solana’s DEXs processed $54 billion of trading volume in July, while Ethereum’s DEXs did $52 billion.
three race cars with neon colors
DeFi

Bitcoin Layer 2 Bitlayer Overtakes Merlin as Scaling Battle Heats Up

Bitlayer accounts for 31% of all total value locked (TVL), versus Merlin’s 16%.
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Markets

Kujira Token Drops 40% After the Foundation Gets Liquidated

The Kujira team says the treasury is not at risk, and proposes the formation of a DAO to manage the treasury and core protocol.
pot of dollars
DeFi

Ripple Partners with OpenEden to Tap Tokenized Treasury Market

Ethereum continues to dominate the tokenized Treasury sector with a 76% market share.
Jupiter Community To Vote On Reducing JUP Supply By 30%
DeFi

Jupiter Community To Vote On Reducing JUP Supply By 30%

The measure is intended to reduce the impact of heavy looming JUP inflation.
downward facing arrows with crypto symbols
Markets

Bitcoin Price Dips After Fed Leaves Interest Rates Unchanged

Fed chair Powell said that the central bank could consider lowering rates at its next meeting in September.
orange high top sneakers with the bitcoin symbol on them
People

Trump’s Bitcoin-branded Sneakers Sell Out in Minutes

There are three editions, in orange and black, with prices ranging from $299 to $499.
Elixir Unveils Yield-Bearing Stablecoin To Compete With Ethena
DeFi

Elixir Unveils Yield-Bearing Stablecoin To Compete With Ethena

Elixir’s deUSD is backed by a delta-neutral ETH position, accumulating Ether staking rewards and short funding rates to pay out yield to holders.
hackers surrounding a globe
DeFi

Terra Can’t Catch a Break as Blockchain Gets Exploited for $6 Million

The attack, which exploited a vulnerability disclosed in April, drained roughly 60 million ASTRO tokens, which sent the price plummeting.