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Crypto’s US Workforce Is Tiny, But Industry Contributes

The crypto industry may be relatively small in terms of employers — but the economic contribution is big.  That’s according to a...
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Litecoin

AFX protocol reportedly loses $24M in bridge exploit

Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge infrastructure.
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Bitcoin

MVMT Labs bankruptcy lists under $1 million in assets after $38M raise

Movement Labs raised $38 million in an April 2024 Series A led by Polychain Capital.By July 22 this year, MVMT Labs’ bankruptcy filing showed...
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Litecoin

SEC’s Peirce Warns Onchain Lending May Trigger Securities Laws

SEC Commissioner Hester Peirce said crypto vaults and onchain lending products may fall under US securities laws, urging developers to assess whether products that...
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Coins

Nasdaq-listed Zhibao Technology To Take 3,500 Bitcoin In Proposed PIPE Financing

Zhibao Technology, a Shanghai-based insurance-technology firm listed on the Nasdaq, said Wednesday it has signed a non-binding term sheet for a stock...
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Litecoin

Crypto PAC Pours $1M into Michigan Democratic Primary Race

An affiliate of the cryptocurrency-aligned political action committee (PAC) Fairshake is attempting to influence voters in a primary race for Michigan’s 13th congressional district,...
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Bitcoin

New CLARITY Act update bans officials including presidents from issuing or even holding crypto tokens

On July 22, US Senate Republicans released an updated version of the CLARITY Act, moving one of Washington’s most consequential cryptocurrency bills back toward...
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Litecoin

S&P Unveils Digital Asset Index Tracking Blockchain Fundamentals

S&P Dow Jones Indices and Pantera Capital launched a digital asset index that tracks blockchain networks and protocols based on protocol revenue, marking a...
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