August, 2024

August, 2024

Coinbase to offer cryptocurrency services in Hawaii
Coinbase initially pulled out of Hawaii in 2017 due to the state's strict cryptocurrency regulatory framework....

Grayscale’s latest fund for qualified investors tracks MakerDAO’s MKR token
Grayscale, the world’s largest crypto asset manager, now operates at least 17 single-asset crypto investment products....

Bitcoin miner Hut 8 sees 72% jump in revenue, but $71.9 million net loss in Q2
The publicly traded bitcoin miner is seeing growing revenues from its high-performance computing business line post-halving....

Bitfarms co-founder Nicolas Bonta steps down from board
CEO Ben Gagnon has been appointed to the Bitfarms board of directors as the company's co-founder Nicolas Bonta steps down....

Intent-centric Ethereum L2 Essential raises $11 million in Series A funding
Intent-centric Ethereum Layer 2 Essential has raised $11 million in a Series A funding round structured as equity with token warrants....

Hedera taps crypto custodian Copper to expand institutional access to HBAR tokens
The custodian, chaired by former U.K. Chancellor Philip Hammond, provides platforms to increase liquidity and access to DeFi....

Runes protocol struggles with fee revenue as Bitcoin’s conservative framework limits growth
The protocol's decline can be attributed partly to broader market conditions but also to the inherent limitations of Bitcoin's infrastructure....

Polymarket users bet $5 million on what Trump would say during his X space with Elon Musk
Those who speculated Trump would say the word "tampon" saw the value of their bets rise as much as 14 times....

Japan’s Metaplanet buys $3.3 million more in bitcoin, raising holdings to 303 BTC
The Tokyo-listed firm announced today another purchase of 57.1 bitcoin after securing a $6.8 million loan last week....

PayPal’s PYUSD stablecoin on Solana surpasses its supply on Ethereum
The PYUSD stablecoin on Solana has a supply of 377 million, while Ethereum-based PYUSD stands at 356 million....

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