EigenLayer, Cartesi core devs push mainstream adoption via AI, DeFi 'killer apps'
EigenLayer and Cartesi are teaming up for a hackathon to build the next game-changing crypto application, with AI and blockchain innovation in focus.
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Brazilian Cryptocurrency Brokerage Wins Lawsuit Over Closed Bank Account
Brazil-based cryptocurrency brokerage M Intermediação e Prestação de Serviço Ltda. has won a lawsuit against Banco Bradesco, which was initiated after the bank closed M Intermediação’s account.Cointelegraph Brazil reported the legal victory in a report on August 1. According to the report, M Intermediação uses the Bitcoin network as well as traditional bank accounts to…

Banks push to block stablecoin legislation over market share fears
The traditional banking system feels threatened by blockchain alternatives as legacy systems underperform in terms of cost and convenience. Bankers and their allies in the US Senate are pushing back against the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act over fears that stablecoins will disintermediate banks and erode banking market share. According

Hong Kong SFC grants first crypto licenses of 2025
Hong Kong’s Securities and Futures Commission has issued two new crypto trading platform licenses, bringing the total to seven since mid-2024.

Solana open interest hits record high: Will SOL top $200?
SOL is up more than 20% this week, and data suggests that the rally will continue.

El Salvador’s Bitcoin play: What does the current slump mean for adoption?
It was September 6, 2021, when the Central American nation of El Salvador decided to go ahead and purchase 200 Bitcoin (BTC), worth about $10.3 million at the time. The day was hailed as momentous in the history of the crypto market and was met with much fanfare. In fact, many proponents claimed that the…

FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours
According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase. 114 Total views 1 Total shares Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit accounts

FBI searched Kraken co-founder’s home in March: Report
Electronic devices were seized from former Kraken CEO Jesse Powell’s Los Angeles home in connection to a non-crypto-related investigation into alleged hacking and cyberstalking. The United States Federal Bureau of Investigations (FBI) reportedly searched the home of Kraken co-founder Jesse Powell in March as part of an investigation into claims he hacked and cyber-stalked a…

Ibiza without Ibiza: Virtual Amnesia dancefloor launches on Decentraland
Virtual partygoers will be able to enjoy an Ibiza club experience in the metaverse thanks to a partnership between Decentral Games and veteran club Amnesia. 1989 Total views 14 Total shares The coronavirus pandemic has boosted the virtual entertainment industry and provided an opening for blockchain-based ventures to tie leisure to the expanding market for…