August 2023 - Page 4 of 8 -

Coinbase-Backed Base Network Faces Major Setbacks of Hefty Losses

Aug 16, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

The cryptocurrency community has once again been rocked by security breaches as two top-tier crypto projects, RocketSwap and SwirlLend, on Coinbase’s acclaimed Base layer2 network, report severe financial hits. SwirlLend, a lending platform that seamlessly runs on both the Linea and Base systems, reportedly saw its funds diminish from $784,000 to $49,200 across dual blockchains. […]

SEC v. Ripple Proceedings Welcomes Sidley Austin LLP Representative

Aug 16, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

The ongoing courtroom battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) sees a new development as Judge Analisa Torres approves Andrew A. Kunsak from Sidley Austin LLP. He will now serve as an investment banker declarant, bringing in a new perspective to the legal proceedings, according to an August 16 court […]

Arbitrum One Gets Upgrade with AllianceBlock Launch on Nexera Exchange

Aug 15, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

AllianceBlock, an established infrastructure provider for decentralized tokenized markets, has rolled out its newest product, Nexera Exchange. This launch incorporates an advanced on-chain order book protocol on Arbitrum One, signaling the company’s intent to reshape and deepen the liquidity dynamics in the world of decentralized exchanges. 💥 New Product Release! Introducing AllianceBlocks Nexera Exchange: a […]

Europe’s First Spot BTC ETF Launches on Euronext Amsterdam

Aug 15, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Hitting two birds with one stone, Jacobi Asset Management has launched Europe’s first spot Bitcoin ETF on the Euronext Amsterdam. Distinctly, this product is Euronext’s first digital asset fund to be in line with SFDR Article 8, all while emphasizing its commitment to a decarbonization strategy: “Jacobi has implemented a verifiable built-in Renewable Energy Certificate […]

Binance Accuses SEC of ‘Abusing the Discovery Provisions,’ Seeks Court-Ordered Protection

Aug 15, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Global cryptocurrency exchange Binance has turned to asking for protection in its ongoing dispute with the U.S. Securities and Exchange Commission. The exchange lodged a complaint on August 14, claiming that the SEC’s discovery demands, rooted in a June court order, have exceeded their purview: “The SEC has declined BAM’s proposals or to meaningfully limit […]

Zynga Breaks New Ground with Web3 Game: Sugartown

Aug 14, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Take-Two Interactive Software’s mobile gaming subsidiary, Zynga — the creators of Farmville — announced the launch of Sugartown, its premier game built on the Web3 platform, announced during the recent GamesBeat Summit Next in San Francisco: SUGARTOWN. Created by @Zynga Web3 Gaming. Coming soon. pic.twitter.com/7ItiG9xODt — Sugartown (@visitsugartown) August 14, 2023 Built on the Ethereum […]

Shell and Gitcoin: A True Blockchain Alliance or Greenwashing Attempt?

Aug 14, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Shell Global Solutions, an international gas company, has announced a partnership with blockchain platform Gitcoin, signaling a significant shift in leveraging blockchain technology for climate solutions. The energy transition is a colossal challenge, and we need innovative solutions. First we’ll be hosting a hackathon focused on blockchain-based climate solutions along with our friends from @supermodularxyz. […]

Canada’s Northern Light: Coinbase Now Expanded into Canada

Aug 14, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Amid the picturesque landscapes of Canada, a crypto giant is making waves. Coinbase, the international cryptocurrency platform, is now announced its expansion into Canada, according to an August 14 announcement: “Coinbase is now providing access to Interac e-Transfers® * to 100% of Canadian Coinbase users, making it secure and simpler than ever to move money […]

Cross-Chain Token Swaps Change Gears with Orbs, Axelar

Aug 14, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

In a move to fortify its cross-chain token operations, Orbs, a prominent player in the layer-3 infrastructure realm for decentralized applications, has announced a partnership with Axelar Network, according to an August 14 announcement. This collaboration seeks to grant Orbs’ vast community a robust and reliable bridge for transferring ORBS tokens to major blockchains, including […]

Coinbase’s CEO Addresses UX Challenges for a Decentralized Future

Aug 14, 2023 Jeremy Parkinson Cryptocurrency, No picture 0

Coinbase, a popular cryptocurrency exchange, is on the brink of significant transformation. Brian Armstrong’s candid acknowledgment of the platform’s user experience shortcomings during the Onchain Summer festival may be the catalyst for this change. One thing #OnchainSummer is exposing is just how broken our UX is in the main Coinbase app for NFTs, Dapps, and […]