Penpie protocol loses $27M in Ethereum and stablecoins; $197M Euler Finance hacker praises Penpie hacker for keeping the assets. Stolen funds partially laundered through Tornado Cash, highlighting urgent need for enhanced DeFi security measures.
Cardano founder Charles Hoskinson opposes burning 1.5 billion $ADA tokens, calling it theft from SPOs and holders. The proposal, sparked by community member Big Pey, has led to mixed reactions amid Cardano’s governance shift post-Chang hard fork.
Trump aims to make the US a global hub for crypto and AI by reducing regulatory barriers and boosting energy for AI projects. Elon Musk may lead a commission to enhance government efficiency. Tax cuts, housing reforms, and a new sovereign wealth fund are also promised.
Binance secures a full regulatory license from Kazakhstan’s AFSA, becoming the first fully regulated digital asset trading platform in the country. The company plans to hire 1,000 more employees by year-end to support its expanded services.
Genuine Labs has made major strides on the Tax2Gas upgrade for Terra Luna Classic. Internal conflicts are resolved, but no release date yet. $LUNC down 2% to $0.00007537. Successful deployment may boost network and token value.
Vitalik Buterin allocates all his crypto earnings, including L2 tokens, to the Ethereum ecosystem and charitable causes, prioritizing community support and transparency since 2018. This integrity-driven approach sets a precedent in the crypto space.
Bitcoin whales accumulate over $7.8B in BTC this month, defying sub-$50K predictions. Market eyes upcoming US jobs data for impact on Federal Reserve’s rate decision. Small traders sell, but whales see long-term value in $BTC.
PixelRealm partners with Neon EVM to bring Ethereum games to Solana, reducing development costs and time. Blockchain gaming sees renewed interest with $580M invested in 2024. PixelRealm, supported by Binance Labs and Polygon Studios, serves over 120,000 players.
Telegram CEO Pavel Durov’s statement after his Paris detention boosts $TON price by 5%. Durov pledges to enhance platform security and address misuse, aiming to improve regulatory relations and user trust.
Orlando Bravo, CEO of Thoma Bravo, swears off crypto after a $130M loss in FTX. Thoma Bravo had led a $900M investment in FTX, which was valued at $18B before its collapse. The crypto crash in 2022 led to $8B in losses.
Crypto analyst ZachXBT criticizes many Layer 1 block explorers, calling for major improvements in functionality and user experience. Top-tier explorers include Blockchair for Bitcoin and OKLink for EVM chains, while Cosmos and Algorand explorers are deemed low-quality.
Coinbase Intl. Exchange to list $IMX and $FLOW perpetual futures on Sept 12, aiming to meet growing DeFi demand and enhance investment options. Market reactions suggest potential price recovery, though sentiment remains cautious amid overall crypto downturn.
Balance raises $30M to innovate blockchain gaming with AI. Investors @a16z, @galaxyRTK, and @animocabrands back the platform to enhance infrastructure, expand the Web3 ecosystem, and support over 150 games for 4.2M users.
Shiba Inu’s $SHIB unveils ShibDev portal on Shibarium’s Layer 2 blockchain, offering tools for developers like API key management and node access. Despite a 2% rise in SHIB price, market data suggests potential downside pressure.
