Canto blockchain's two-day outage due to a consensus failure sparks concerns about its infrastructure's reliability. Can Canto bounce back from this critical disruption? Stay tuned for updates.

Sneha Ghodvaidya / 2 min read

Mindbytes 2

Crypto Startup Funding Growing to $2.7B in Q2 Despite Decline in Total Deals

Venture capital funding for crypto startups reached $2.7 billion in Q2 2024, up 2.5% from Q1, despite a 12.5% drop in deal numbers, signaling growing investor confidence.

Knits By Racoon / 2 min read

Mindbytes 3

Nexera Burning Stolen 32.5M NXRA Tokens Following Hack

Nexera, a DeFi protocol, burned 32.5 million stolen NXRA tokens to enhance security and stabilize its ecosystem, as confirmed by blockchain security firm PeckShieldAlert and Nexera’s official X account.

Knits By Racoon / 2 min read

Mindbytes 4

Turkey Seeing Surge in Crypto License Applications Amid New Regulations

Turkey's crypto sector is booming, with 47 firms, including Bitfinex and Binance TR, applying for licenses under new regulations. However, Coinbase and other major platforms haven't applied yet.

Knits By Racoon / 2 min read

Mindbytes 5

Coinbase Challenges CFTC's Definition of Gaming in New Prediction Market Rules Proposal

Coinbase challenges CFTC's restrictive "gaming" definition, warning it could stifle innovation in prediction markets and hinder growth in the evolving digital finance landscape.

Sneha Ghodvaidya / 2 min read

Mindbytes 6

Sonic's Testnet Continuously Achieving Milestones with 1 Million Active Wallets and 600 Million Transactions

Sonic, a Layer 2 gaming network on Solana, reports 1 million active addresses and 600 million transactions, highlighting its rising impact in blockchain gaming.

ABHIDHA / 2 min read

Mindbytes 7

New Tonkeeper App Enhancing Crypto Asset Security, Preventing Hacks

Tonkeeper's new Signer app enhances security for Ton blockchain users, protecting crypto assets from hacks, scams, and mistakes by securely managing private keys, addressing key management risks.

Knits By Racoon / 2 min read

Mindbytes 8

FTX and Alameda Ordered to Pay $12.7 Billion to Creditors in Landmark Ruling

In a landmark ruling, FTX and Alameda Research must pay $12.7 billion to creditors, marking a pivotal moment in resolving the 2022 crypto collapse.

Sneha Ghodvaidya / 2 min read

Mindbytes 9

Fairshake Spending $25 Million on Pro-Crypto Congressional Candidates

Fairshake, a pro-crypto super PAC, is spending $25 million to support 18 House candidates (9 Republicans, 9 Democrats) across several states, allocating about $1 million per candidate.

ABHIDHA / 2 min read

Mindbytes 10

Bitcoin’s Death Cross and Bank of Japan’s Rate Shift: What’s Ahead?

Bitcoin teeters on the edge with a looming "death cross" and the Bank of Japan's rate shift. Will bearish trends dominate, or will monetary easing provide unexpected support?

Sneha Ghodvaidya / 2 min read

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