Bitget exchange lists TON-based Meme Token DOGS

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Bitget, a crypto exchange and Web3 company, has added DOGS, a trending memecoin from the TON ecosystem, to its Premarket platform. This addition allows users to gain early pricing power over DOGS, providing a comprehensive solution for traders and investors seeking early access to promising tokens. DOGS has gained traction due to its airdrop mechanism and widespread promotion. The pre-market platform has previously listed tokens such as Notcoin (NOT) and

An EtherFi whale dumps ETHFI tokens worth over $1.8 million

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EtherFi (ETHFI), a Ethereum-related token, experienced significant price drops in the last 24 hours after a wallet dumped 880 tokens worth $1.87 million onto the Binance platform. The wallet, identified as “0x57C,” had previously received 10 million EtherFi tokens from the Etherfi team three months ago. The wallet now holds 8.82 million EtherFi tokens, worth around $18.43 million. EtherFi showed a 6% daily decline in price, with a high of

Binance is nearing a deal with Megazone to cut its stake in Gopax

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Binance, the world’s largest crypto exchange, is reportedly in talks with South Korean cloud service provider Megazone to sell its ownership stake in Gopax. This move is part of Binance’s strategy to improve its governance structure in response to local financial authorities’ regulatory requirements. The exchange, acquired in early 2023, had a 72.6% ownership stake at the time of acquisition. Binance plans to reduce this stake to around 10%. The

FTX disputes the $264 million claim by Jump Trading over SRM tokens

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FTX exchange is contesting a $264 million claim by Jump Trading subsidiary Tai Mo Shan for 800 million Serum (SRM) tokens obtained through a loan agreement with Alameda Research. The collapse of FTX in 2022 led to the decline of Serum, a decentralized exchange that used SRM as its native cryptocurrency. Jump Trading seeks compensation using an options model considering SRM’s market price, volatility, and other financial factors. FTX’s legal

Bitcoin and Ethereum are now officially classified as commodities, says CFTC Chair

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Both Bitcoin (BTC) and Ethereum (ETH) have been officially acknowledged as commodities by the Commodities Futures Trading Commission (CFTC) of the US during a hearing held by the Senate AG committee on digital commodities. Rostin Behnam, Chairman of the Commodity Futures Trading Commission, has verified that Bitcoin and Ethereum have been approved as digital commodities under the Commodity Exchange Act by a court in Illinois. In contrast to the statements

Solana gaming L2 Sonic announces a partnership with Neon Stack

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Solana gaming L2, Sonic, has partnered with Neon Stack to bring Ethereum Virtual Machine (EVM) compatibility to its Sonic Virtual Machine (SVM). This partnership will enable Ethereum developers to launch EVM-powered dapps on Sonic’s gaming-optimized HyperGrid L2. Sonic’s L2 is designed to support high-volume dapps, including web3 games, with settlement occurring on Solana L1. The partnership will make it easy for Ethereum developers to migrate EVM-based dapps to Solana, enabling

Goldman Sachs will launch three tokenization projects in 2024

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Goldman Sachs is set to launch three tokenization projects in 2024, focusing on institutional clients and asset diversification. These projects will use private blockchains for compliance and transaction speed, setting Goldman Sachs apart from competitors. The bank’s head of digital assets, Mathew McDermott, aims to create marketplaces for tokenized assets, enhance transaction speeds, and diversify collateral types. The initial projects will target the US market, focusing on the US fund

Usual Labs Secures $75M in TVL for USD0 During Private Phase

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Usual Labs, the pioneering company behind the USD0 stablecoin, has announced its public pre-launch phase. Following a successful private launch, Usual Labs secured $75 million in Total Value Locked (TVL) commitments from over 180 prominent DeFi leaders and investors within a month. USUAL stands as a secure, transparent, and decentralized Tether that redistributing ownership and value through the USUAL token. As a Real World Assets (RWA) infrastructure, it aggregates RWA

Agoric, a L1 blockchain, announces the roll-out of its Orchestration API

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Agoric, a layer 1 blockchain designed for chain abstraction, has launched its Orchestration API, allowing developers to create next-gen Web3 applications that coordinate digital assets and services across multiple blockchain ecosystems. This allows users to benefit from one-click interactions, deploying their liquidity and accessing multiple blockchains uniformly. With over $2 trillion in liquidity fragmented across different blockchains and their ecosystems, users often face complex, arduous experiences in Web3. According to

Australia’s ASX approves DIGITALX’s second Bitcoin ETF, set to list on July 12

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Sydney-based asset manager DIGITALX has been approved by the Australian Securities Exchange (ASX) to launch a Bitcoin ETF, marking the second Bitcoin ETF approved by the country’s premier stock market. The DigitalX Bitcoin ETF, with the ticker BTXX, will be listed on July 12. The ETF, partnered with K2 Asset Management and 3iQ, aims to attract new market participants and help institutional investors incorporate Bitcoin and digital assets into their

Former FTX exchange executives will be sentenced after pleading guilty

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Two former FTX executives, Nishad Singh and Gary Wang, will be sentenced in New York this fall. Singh, a former Director of Engineering, pleaded guilty to four federal charges in February 2023, testifying that Alameda Research took billions from FTX under Bankman-Fried’s orders. Wang, a former Chief Technology Officer, pleaded guilty to fraud and conspiracy in December 2022, testifying against Bankman-Fried. He revealed he gave Alameda Research special advantages, leading

Are Shiba Inu (SHIB) developers ditching the project?

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Shiba Inu meme coin has been secretly led by its founder, Ryoshi, and current Lead Developer, Shytoshi Kusama. Kusama has hinted that he might step down, as part of future plans for the Shiba Inu community. The project is planning a tour to several locations, starting in Kyoto, Japan, called the “Treat Yourself” tour, which is linked to the upcoming TREAT token launch. The tour is part of broader efforts