August 9, 2023

Elon Musk’s Lawyers Move to Dismiss “Frivolous” Dogecoin Fraud Case

Attorneys representing Tesla CEO Elon Musk are calling for a judge to dismiss a multi-billion dollar case accusing the celebrity entrepreneur of insider trading with Dogecoin (DOGE) against his online followers. The lawyers say the accusations should be dismissed with prejudice, barring plaintiffs from continuing to burden the judicial system with additional accusations based on...
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Users Will be Reimbursed for Losses Due to Significant Slippage on Cardano-Based MuesliSwap

The developers of MuesliSwap, a decentralized exchange built on the Cardano blockchain, have announced plans to provide refunds to users who experienced significant slippage issues throughout the past year. In an announcement on August 8th, the platform admitted falling short in offering adequate clarity on the slippage feature within the MuesliSwap Pool DEX protocol. Slippage refers...
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Ripple (XRP) Still Corruptible, No Major Adoption: Mark Yusko

Despite a largely bullish court ruling in favor of Ripple last month, Morgan Creek founder Mark Yusko is no more enthusiastic about the company, nor the XRP ledger. In a Tuesday interview, the investors said that the ledger is not only “corruptible,” but that it lacks any “real adoption.” Yusko’s View On Ripple In conversation...
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Aptos Partners With Microsoft to Focus on Intersection of AI and Blockchain

Aptos Labs has announced integrating Microsoft’s Azure OpenAI Service into the layer 1 blockchain led by ex-Meta employees. The company said that the integration of tech goliath’s AI marks a “crucial turning point,” in the Web3 space. The multi-year partnership forged with Microsoft is expected to ramp up accessibility for people to explore Web3 and...
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Coinbase Sets Sights On Boosted Revenue As ‘Base’ Mainnet Debuts For Public Use

Coinbase, one of the leading cryptocurrency exchanges, has leaped onto the blockchain innovation stage with ‘Base’ – the first decentralized blockchain mainnet launched by a publicly traded company. Coinbase-supported ‘Base’ network is now officially accessible to the public. Milestone For Coinbase Amid SEC Clash Coinbase’s ‘Base’ mainnet is now officially available to the public, boasting...
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Ethereum Trading Volume Skyrockets, Borroe Presale Beckon High-Profit Seekers

As Ethereum trading volume skyrockets, the highly anticipated Borroe ($ROE) presale emerges as a lucrative opportunity for high-profit seekers in the Web3 space. Borroe ($ROE): The New Gem As crypto investors stack up altcoins in anticipation of the upcoming bull run, a groundbreaking project, Borroe ($ROE), has captured the attention of investors, drawing high-profit seekers...
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Venom Foundation Partners with the UAE Government to Launch National Carbon Credit System

[Press Release – Abu Dhabi, UAE, August 9th, 2023] Venom Foundation, a leader in blockchain technology adoption in regulated markets, is thrilled to announce the signing of a momentous Memorandum of Understanding (MOU) with the UAE Government to develop and implement the National Carbon Credit System. This landmark partnership represents a significant step towards leveraging...
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Ethereum Reddit Token MOONS Soars on Kraken After 470% Crypto.com Launch

Moons’ name checked out on the price chart with a 72% gain by late Tuesday. Moons and Bricks are tokens Redditors earn from the user-generated content they post on Reddit. Kraken recently listed them, and they’re soaring in price on the San Francisco-based crypto exchange. MOONS Token Soars 72% after Kraken Listing Kraken listed the...
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Why Hasn’t XRP’s Price Reached $1 Despite SEC Victory? John Deaton Opines

On August 8, prominent lawyer and cryptocurrency enthusiast John Deaton took to Twitter to share his insights on the surprising corollary between regulatory clarity for XRP and ETH’s stagnant performance despite PayPal’s recent stablecoin announcement. Deaton highlighted the growing influence of Bitcoin (BTC) on the overall crypto market, overshadowing even seemingly significant events for altcoins....
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MetaCene Revolutionizes Blockchain Gaming with Successful MMORPG Alpha Test

[Press Release – Singapore, Singapore, August 9th, 2023] The blockchain gaming industry is undergoing a transformation and leading this charge is MetaCene, a pioneering AAA-inspired next-gen MMORPG incubated and published by MixMarvel. Building on its foundational strengths—dynamic gameplay, blockchain integration, and deep community engagement—MetaCene has wrapped up its immersive Alpha Test. A post-apocalyptic society, where...
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Federal Reserve Launches New Program to Oversee Crypto Activities of Banks

On Aug. 8, the Federal Reserve elaborated that “novel activities” included complex, technology-driven partnerships with non-banks. These partnerships provided banking services to customers and activities that involve cryptocurrencies and blockchain technology, it stated. @federalreserve provides additional information on its program to supervise novel activities in the banks it oversees: https://t.co/6MiItQwO7V — Federal Reserve (@federalreserve) August...
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Coming Soon: The First Tether-Margined SEI Futures Contract

Sei Network (SEI), a layer 1 blockchain with a built-in central limit order book, is coming to BitMEX, via our new Tether-margined linear futures listing – SEIUSDTQ23. From 10 August 2023 08:00 UTC, traders on BitMEX can get exposure to SEI via our new contract, and with up to 20x leverage.When SEIUSDTQ23 begins trading, it...
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TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, and JPMorgan’s Analysis

[Press Release – Geneva, Switzerland, August 8th, 2023, Chainwire] In-depth reports on the performance of TRON and USDD in 2023, published by renowned blockchain analytics firms Messari and Reflexivity have recently been published. Messari’s Analysis: TRON’s Q2 2023 Performance Messari’s report highlights TRON’s substantial growth across various performance metrics. Growth in Network Activity: The report...
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Federal Court Case Uses Blockchain Tech to Fight Russian and North Korean Hackers

[Press Release – Chicago, Illinois, August 8th, 2023] For years, cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) have been the favored methods of payment for cybercriminals. Ransomware crime rings rely almost exclusively on Bitcoin payments to extract vast sums from major institutions, including hospitals and providers of critical infrastructure. But, in a groundbreaking move,...
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MuesliSwap will Refund Users Affected by High Slippage!

MuesliSwap, a decentralized exchange based on the Cardano blockchain, has announced that it will be refunding users who have been impacted by high slippage over the past year. The team acknowledged that it had not provided adequate clarity on the slippage feature within its protocol and has decided to take action to address this. Users...
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Bitcoin (BTC) $ 67,878.19 0.83%
Ethereum (ETH) $ 2,427.21 0.96%
Tether (USDT) $ 0.999816 0.02%
BNB (BNB) $ 555.30 0.02%
Solana (SOL) $ 161.62 0.20%
USDC (USDC) $ 1.00 0.07%
XRP (XRP) $ 0.509763 1.93%
Lido Staked Ether (STETH) $ 2,426.94 0.97%
Dogecoin (DOGE) $ 0.158567 7.71%
TRON (TRX) $ 0.163879 0.26%