X has suspended over 20 crypto-related accounts as of Monday, with the bans hitting Pump.fun and its co-founder, Alon Cohen. Read More at https://cointelegraph.com/news/pump-fun-x-account-suspended-crypto-account-blitz?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Optimism targets decentralization with ‘season 8’ governance revamp
A new approval process, where most Optimism proposals will auto-pass unless a stakeholder vetoes, will come into force on Aug. 1 to reduce the burden on contributors. Read More at https://cointelegraph.com/news/optimism-season-8-governance-decentralization-update?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’
The BitMEX founder warned that most new stablecoin issuers will be overvalued and likely fail due to locked distribution channels. Read More at https://cointelegraph.com/news/arthur-hayes-trade-stablecoin-ipo-hot-potato?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
9GAG founder’s MemeStrategy gains 29% after first Solana buy
Hong Kong tech investment firm MemeStrategy has added Solana to its balance sheet and has pledged to stake Solana tokens to support network security and earn rewards. Read More at https://cointelegraph.com/news/memestrategy-shares-pump-hong-kong-firm-buy-solana?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Paradigm urges jury clarity in Roman Storm’s Tornado Cash case
Paradigm’s chief legal officer and general counsel said if Roman Storm is found guilty, it could slow future software development in the crypto and fintech industries. Read More at https://cointelegraph.com/news/paradigm-wants-law-clarity-in-roman-storm-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin production costs up 9% on higher hashrate, energy prices
The median cost of mining a single Bitcoin was only $52,000 in Q4, but jumped 23% in the first quarter and has risen again in Q2. Read More at https://cointelegraph.com/news/bitcoin-production-cost-rises-energy-hashrate-increase-q2?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin dips amid reports Trump has called advisers to situation room
Bitcoin has lost recent gains in a $2,000 slide as Middle East tensions escalated on Monday night. Read More at https://cointelegraph.com/news/bitcoin-dips-reports-trump-summon-national-security-council?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
JPMorgan files ‘JPMD’ trademark for crypto payment services
JPMorgan has filed a new trademark that covers a range of potential crypto-services for the bank, which industry commentators speculate could include a stablecoin venture. Read More at https://cointelegraph.com/news/jpmorgan-files-jpmd-trademark-crypto-payment-services?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fairmint calls for blockchain framework for private markets in SEC proposal
The proposal outlines a seven-step framework that includes real-time regulatory oversight and updates to investor accreditation standards. Read More at https://cointelegraph.com/news/fairmint-blockchain-framework-private-markets-sec-proposal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polyhedra cites liquidity attacks, Wintermute deposits behind ZKJ price drop
The project said several wallets had “coordinated a liquidity attack with an egregious malicious attempt” followed by “aggressive ZKJ sell-offs.” Read More at https://cointelegraph.com/news/polyhedra-liquidity-attacks-deposits-zkj-drop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound