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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.
safe holding gold coins with bitcoin symbols
Regulation & Politics

Senator Lummis Introduces BITCOIN Bill to Create ‘Strategic Bitcoin Reserve’

The bill calls for the U.S. to purchase 1,000,000 BTC over five years and follows Trump's speech in which he pledged that he would never sell the government's Bitcoin holdings.
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Markets

ETH Bounces Back Amid ETF Inflows

The ETH/BTC ratio rebounded as spot Ether ETF flows turned positive on July 30.
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.