NFT holders sue art gallery, Ubisoft to launch Web3 game: Nifty Newsletter
A group of NFT holders sued an art gallery, claiming it failed to deliver its promised metaverse club.
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Hong Kong legislator eyes Bitcoin for fiscal reserves
By engaging with stakeholders and focusing on compliance, Wu aims to position Hong Kong as a leader in the adoption of Bitcoin and Web3 technologies.

Cloudflare outage affects multiple crypto exchanges
Users attempting to visit certain websites were met with a “500 Internal Server Error” notice due to a Cloudflare outage. 813 Total views 43 Total shares Cloudflare, a significant infrastructure provider for the internet, recently experienced widespread problems, leaving many crypto exchanges down.The content delivery network (CDN) confirmed via an update posted on Tuesday that…

Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage
Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches. 881 Total views 3 Total shares Crypto trading platform Cypher has published a plan to recover from its $1 million exploit, stating it will “socialize” losses across the platform in…

Bitcoin rebounds to $56K as Dogecoin price halts at 420% weekly gains
Bitcoin benefits from an adoption boost by Venmo, while "Dogecoin Day" so far produces little in terms of fresh price upside for DOGE. 885 Total views 12 Total shares Bitcoin (BTC) saw a staunch comeback on April 20 as fresh bullish news from PayPal combined with solid on-chain indicators. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview#Doge420…

Bitcoin payments are being undermined by centralized stablecoins
The dream of a peer-to-peer electronic cash network has been realized… but with centralized stablecoins based on USD, dammit.

Here’s what happened in crypto today
Today, in crypto, the US Securities and Exchange Commission is reportedly preparing to drop its case against Ripple, while a reintroduced bill in Congress seeks to authorize the US government to purchase 1 million Bitcoin. Meanwhile, the European Union’s retaliatory tariffs have deepened macroeconomic uncertainty, prompting analysts to forecast increased volatility for BTC prices. SEC’s

TON’s ‘Force Majeure’ Clause — Is Telegram About to Refund Investors?
Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and Exchange Commission (SEC).Just days before the Oct. 16 public token distribution, the SEC dealt Telegram a crippling blow by issuing…

Binance to deactivate some deposit addresses for wallet upgrade
Cryptocurrency exchange Binance continues upgrading its wallet infrastructure, which requires affected users to get new wallet addresses. Binance cryptocurrency exchange is preparing for another upgrade of its wallet infrastructure, warning users about the upcoming address migration.On July 6, Binance officially announced that it will be retiring selected deposit addresses in batches as part of a…