Solana (SOL) price sell-off accelerates — Will traders defend the $130 support?
Solana price could bounce from $130 to $150 “golden zone” with the possibility of a mean reversion playing out over the short term.
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Ondo taps LayerZero to take USDY multichain
Ondo is using LayerZero to make its yield-bearing stablecoin fully fungible across multiple blockchain networks.

Crypto world largely silent as little-known exchange announces plans to go public
The public offering announcement comes less than two months after Bullish launched with $10 billion in capitalization. 1162 Total views 5 Total shares One might assume that a firm with a name like "Bullish" would garner a lot of attention in announcing its intention to go public, especially given that the exchange is backed by…

US election optimism fuels $2.2B inflows in crypto products
CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US.

Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning
MEXC Global has pledged to do a month-long buyback and burning to reduce the circulating supply of the old Terra markets. 958 Total views 4 Total shares The fall of Terra (LUNA) shook the entire crypto market. However, the project has no plans to stay down as the project secured backing from crypto exchanges to…

tZERO to Offer Public Trading Starting Aug. 12, Expects Up To 50,000 Investors
Retail giant Overstock’s blockchain subsidiary company, tZERO, plans to allow the public to trade its security tokens in four days.Saum Noursalehi, CEO of tZERO, shared the announcement with CoinDesk, per a report published on Aug. 8. According to the announcement, Aug. 12 marks the end of a one year lock period following the company’s 2018…

ConsenSys partners with China’s Blockchain-based Service Network
ConsenSys has partnered with China’s Blockchain-based Service Network to accelerate the enterprise adoption of Ethereum apps in China. 1643 Total views 12 Total shares ConsenSys, one of the world’s largest blockchain software companies, has partnered with the Blockchain-based Service Network, a Chinese government-backed nationwide blockchain project,As part of the partnership, ConsenSys’ Ethereum-based distributed ledger protocol…

New York MoMA now has tokenized artworks in its permanent collection
Generative art is proving Web3’s creative anchor in the traditional art world. Last month, New York’s Museum of Modern Art (MoMA) made headlines by acquiring Refik Anadol’s “Unsupervised — Machine Hallucinations” (2022) alongside an edition from last year’s “3FACE” project by Ian Cheng. These two mark the first-ever artificial intelligence (AI) and nonfungible token (NFT)

Stablecoins must be programmable to counter CBDCs
When it comes to providing stable value, stablecoins and central bank digital currencies (CBDCs) appear to serve two sides of the same proverbial coin. Crypto stable assets, however, can provide entirely different use cases — and CBDCs simply cannot compete. The key is programmability — smart contracts that automate and add new features to money. Programmability…