DeepNewz

DeFi
Coinbase Enables Free Conversion of USDT on Tron to USDC on Base
Coinbase has introduced a new feature allowing users to transfer USDT on the Tron network to Coinbase Wallet, where it will automatically convert to USDC on the Base network for free

DeFi
Marginfi Launches 'The Arena' on Solana for MEME Market Leverage Trading
Marginfi has introduced 'The Arena' on the Solana blockchain, enabling users to long or short any token with leverage

NFTs & Web3
Fireblocks Launches Startup Toolkit as Web3 Funding Surges 55% in Q1 2024; $2 Billion in Q2 Funding and $10 Million for $HASHAI
Fireblocks has introduced a new suite of self-service tools aimed at startups, designed to facilitate the development of secure blockchain solutions

CeFi
WazirX Hack: $235M Breach Linked to Liminal, No Internal Compromise Found; Withdrawals and Trading to Resume
WazirX, an Indian cryptocurrency platform, recently experienced a $235 million hack on July 18

DeFi
Tether's USDT Leads Ethereum Volume with $31.5B Daily, Issues $1B on Tron
Tether's USDT is generating significant volume on the Ethereum blockchain, with a daily volume of $31

NFTs & Web3
ApeCoin to Launch ApeChain with Camelot as Native DEX Amid $50 Million Trading Volume
ApeCoin is set to launch its own dedicated infrastructure layer, ApeChain, which will power the ApeCoin ecosystem

NFTs & Web3
NFT Marketplace Cuts Minting Costs to 0.0037 SOL and Offers 0% Commission Amid Art Points Claims
The NFT marketplace is seeing significant developments with the introduction of cost-efficient minting options and a new rewards system

People
Jersey City Pension Fund to Allocate 2% to Bitcoin ETFs
Jersey City Mayor Steven Fulop has announced that the city's pension fund will allocate a portion of its assets to Bitcoin ETFs this summer

Blockchains
TON Core Team Launches W5 Smart Wallet for Gasless Transactions
The TON Core team, in collaboration with Tonkeeper, has introduced a new smart wallet standard, the W5 Smart Wallet, which enables gasless transactions

DeFi
Aave Considers Fee Switch and AAVE Token Buyback from Secondary Market
Aave is considering a proposal to activate a fee switch and buy back AAVE tokens from the secondary market





