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Solana and Ethereum Pair Hits New All-Time High at 0.0588, Up 55%
Markets

Solana and Ethereum Pair Hits New All-Time High at 0.0588, Up 55%

Solana (SOL) and Ethereum (ETH) have reached a new all-time high in their market cap pairing
CoinShares Q2 Revenue Surges 110% to $28.5M Driven by FTX Claim Sale; Euro Stablecoin Market Booms Under MiCA
TradFi & Fintech

CoinShares Q2 Revenue Surges 110% to $28.5M Driven by FTX Claim Sale; Euro Stablecoin Market Booms Under MiCA

CoinShares, a digital asset manager, reported a significant 110% increase in Q2 2024 revenue, reaching $28
Aleph Launches August 5, 2024, in Buenos Aires as Month-long Initiative to Position Argentina as Crypto Nation
NFTs & Web3

Aleph Launches August 5, 2024, in Buenos Aires as Month-long Initiative to Position Argentina as Crypto Nation

Aleph, a month-long pop-up city initiative, officially launched in Buenos Aires on August 5, 2024
PancakeSwap Unveils Multichain Gamified Quest Platform for DeFi in Beta
DeFi

PancakeSwap Unveils Multichain Gamified Quest Platform for DeFi in Beta

PancakeSwap, a leading decentralized exchange (DEX), has unveiled a new platform called 'PancakeSwap Quest
Senator Warren Urges CFTC to Ban Political Betting Contracts Amid $500M Polymarket Bets
People

Senator Warren Urges CFTC to Ban Political Betting Contracts Amid $500M Polymarket Bets

Senator Elizabeth Warren, along with other Democratic lawmakers, is urging the Commodity Futures Trading Commission (CFTC) to finalize a ban on political betting contracts
SEC Pushes Back Against Coinbase's Subpoena Requests for Gary Gensler's Emails
Regulation & Politics

SEC Pushes Back Against Coinbase's Subpoena Requests for Gary Gensler's Emails

The Securities and Exchange Commission (SEC) is pushing back against Coinbase's subpoena requests for documents related to SEC Chair Gary Gensler
Digital Asset Investment Products Face $528 Million Outflows, Including $400 Million in Bitcoin and $146 Million in Ethereum
Markets

Digital Asset Investment Products Face $528 Million Outflows, Including $400 Million in Bitcoin and $146 Million in Ethereum

Digital asset investment products experienced significant outflows totaling $528 million last week, marking the first decline in four weeks, according to CoinShares
Pendle Finance Launches PT-weETH and PT-sUSDe, Offers 12% APY on Ethereum, and Sees 40% Price Surge
DeFi

Pendle Finance Launches PT-weETH and PT-sUSDe, Offers 12% APY on Ethereum, and Sees 40% Price Surge

Pendle Finance has announced the launch of its principal tokens (PTs), specifically PT-weETH and PT-sUSDe, on the Term Structure platform, enhancing the utility of yield tokens
ARK Invest's Cathie Wood Buys $17.8M in Coinbase, $11.2M in Robinhood, 176,963 Amazon Shares Amid Market Slump
TradFi & Fintech

ARK Invest's Cathie Wood Buys $17.8M in Coinbase, $11.2M in Robinhood, 176,963 Amazon Shares Amid Market Slump

ARK Invest, led by Cathie Wood, made significant purchases during a recent market downturn on August 5, 2024
Ethena's USDe Stablecoin Faces $100 Million in Redemptions Amid Stress Test, Maintains 101% Reserve
DeFi

Ethena's USDe Stablecoin Faces $100 Million in Redemptions Amid Stress Test, Maintains 101% Reserve

Ethena's USDe stablecoin has experienced nearly $100 million in redemptions this week, marking a significant stress test for the synthetic dollar