DeFi Project Sushi Expands Project to Aptos’ Network
Sushi, a decentralized finance project supported by venture firm Andreessen Horowitz (a16z), is set to expand its operations onto the Aptos blockchain.
Coinbase Top Managers Sold $32.8M in Company Shares Following SEC Lawsuit
Since the SEC filed a lawsuit against Coinbase on June 6, top managers of the crypto exchange have sold shares of the company worth $32.84 million.
Circle and OKX Team Up to Add USDC Features to OKX Products
Circle’s Cross-Chain Transfer Protocol is being integrated with OKX’s DEX aggregator to provide USDC cross-chain swaps across Ethereum, Avalanche, Arbitrum and OP Mainnet.
Riot Platforms Earns $31M from Crypto Miner Shutdowns
Riot Platforms, a leader in the energy market, netted last month a record of $31.6 million in power supply and demand response credits from Texas operator ERCOT, exceeding the figure for the entire 2022.
Volume of Venture Deals in Crypto Industry Jumps by 40% in a Month
According to data provided by RootData, the volume of funding attracted by crypto firms in August from investment rounds increased by 39.8% from July.
Binance Suspends Privacy-centered Coins Trading in Belgium
Binance is halting trading of privacy coins, which are designed to obscure transaction details, on its platform in Belgium from September 21.
Genesis Global Capital Sues DCG Over Unpaid Crypto Loans
Genesis Global Holdco has filed an action against Digital Currency Group over hundreds of millions of dollars of unpaid loans from 2019 which matured on May 11, 2023.
South Korea Arrests Creators of $82.5M Cryptocurrency Pyramid
The South Korean police have arrested 22 people for their involvement in a cryptocurrency investment fraud in the city of Changwon.
Number of Solana Users Falls to Lowest in 2 Years
Solana’s active user base has been steadily decreasing, with the seven-day moving average falling to a recent low of 204,000 on August 31.
Coinbase Unveils a Crypto Lending Service
Coinbase has raised $57 million for a new crypto lending service.
Bitcoin’s and Ether’s Trading Volume Declines in August
Block Research has reported that August saw a 6% decrease in trading of both Bitcoin and Ether.
European Parliament: Digital Euro Might Face Challenges in Non-euro Member States
The European Parliament’s Economic Governance and EMU Scrutiny Unit has recently conducted a review of the potential challenges the digital euro might encounter in non-euro member states.
South Korea Wants to Pass Bill to Freeze Crypto Used by North Korea
South Korean President Yoon Suk Yeol has issued instructions to have a bill drafted that will contain practical measures to bolster South Korea’s national security by tracking and freezing cryptocurrencies and other virtual assets used by North Korea.
Nigerians Are Familiar with Crypto: Survey
A ConsenSys study has established that Nigeria now holds the highest awareness of digital assets with 95%.
