Day: 18 July 2023

CLabs has announced its intention to transition the Celo blockchain from its current independent EVM-compatible Layer 1 blockchain network to a Layer 2 solution within the Ethereum ecosystem. According to CLabs, this transition will enable Celo developers to leverage the wide range of Ethereum tooling and libraries available to them. ...

Aave has successfully launched GHO, an algorithmic stablecoin pegged to the US dollar, on the Ethereum mainnet. The launch follows a positive response from its community of users on its proposal for developing the token. Let's GHO! Congrats to the @AaveAave community on the Mainnet Launch. https://t.co/vI7JbMLYb4 — GHO (@GHOAave) ...

The shareholders of Marathon Digital, a crypto mining company based in the United States, have filed a complaint against CEO Fred Thiel and other senior executives. The complaint was submitted in the United States District Court for the District of Nevada on July 8, 2023 The complaint is based on ...

Brian Armstrong, Coinbase CEO, is scheduled to meet with Democrats from the House of Representatives behind closed doors on Wednesday morning. This meeting comes as the cryptocurrency exchange is currently entangled in a legal dispute with the U.S. Securities and Exchange Commission (SEC). According to Bloomberg, the meeting will involve ...

Binance has successfully concluded the public sale of ARKM tokens for Arkham Intelligence. The sale, which was conducted on Binance Launchpad, achieved its targeted hard cap of $2.5 million, showcasing substantial investor interest. Binance's data reveals an overwhelming response, with a staggering oversubscription rate of 990 times. The public sale ...

Faruk Fatih Özer, the founder and former CEO of Thodex, has been sentenced to seven months and fifteen days in prison for failing to provide necessary documents during the ongoing trial regarding Thodex's operations. This verdict comes three months after Özer's arrest in Turkey. According to a report by Hürriyet ...

The application of blockchain technology has expanded beyond the cryptocurrency market and found utility in asset tokenization, particularly for real-world assets like securities.  However, as the asset tokenization market continues to grow(currently valued at $2.28 billion) and is projected to reach trillions of dollars in the coming years, the need ...

DeFi Planet is excited to announce its media partnership with Tezoro, a remarkably innovative non-custodial service designed to eliminate the risk of permanently losing access to stored crypto assets. Typically, investors secure their tokens in digital wallets using cryptography and private keys, making it difficult for others to access their ...

Caroline Pham, a commissioner of the Commodities Futures Trading Commission (CFTC), has said that the recent legal victory of Ripple against the U.S. Securities and Exchange Commission (SEC) would pave the way for regulatory clarity in the U.S. cryptocurrency industry. In an interview with Bloomberg TV on July 17, 2023, ...