Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to the company growing too quickly.
Ex-FTX users report funds being released in $900M distribution round
Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses.
Tether earns $1.5B in Q2 as US Treasury holdings fuel profits
Tether’s reserve surplus grew to $4.11 billion in the second quarter as USDT supply rose despite a weaker stablecoin market and continued pressure across the crypto sector.
Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending products.
US Treasury yields rise as TIPS challenge the inflation narrative
TIPS data points to rising real yields, not inflation, a dynamic that weighs on non-yielding assets like Bitcoin.
Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound
Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia.
ECB says digital euro app will exceed EU accessibility standards
The European Central Bank proposed accessibility standards for its planned digital euro app, saying it would be one of several ways users could access basic digital euro services.
AMLBot launches AI Tracer for self-service blockchain investigations
Crypto forensics company AMLBot launched an AI-enabled tool allowing users with no specialist knowledge to trace their digital assets, even after they are stolen.
Circle receives New York trust charter for subsidiary
The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law.
BOJ intervenes to defend yen near 160, holds rates steady
The Japanese yen crosses a key psychological level after the country’s central bank reportedly conducted a major currency intervention.