Superstate Integrates Chainlink for Tokenized Treasury Fund
Blockchain asset management startup Superstate has capitalized on the tokenization sector with Chainlink’s technology. The asset manager will use the Chainlink Data Feeds to bring net asset value information for its tokenized treasury fund on-chain. Superstate said in the announcement that it intends to use Chainlink’s technology to improve the composability of its Superstate Short […]
Tether Commits $3m to Expand USDT in Middle East
Tether Operations Limited invested $3 million in Kem, a financial management app, to improve Middle Eastern financial inclusion. With its $3 million investment, Tether hopes to encourage the region’s use of its stablecoin and expand its access to financial services. Through this collaboration, Tether’s stablecoin USDT will be made available on the Kem platform to […]
Putin Signs Law to Legalize Crypto Mining in Russia
In the past two years, Russia has partially adopted the foremost cryptocurrency, Bitcoin, and BTC mining, despite nearly banning them. On August 8, Russian President Vladimir Putin signed new laws that officially legalized Bitcoin and digital asset mining . From this point forward, a national register will determine the ability to mine BTC in Russia. […]
Uniswap Ethereum L2 Addresses Reach New High of 8.5M
Uniswap’s decentralized exchange saw roughly twice the amount of Ethereum layer-2 wallet addresses compared to June. Dune analytics data indicated that 8.5 million Ethereum addresses were transacting on Uniswap via L2s such as Arbitrum, Base, Optimism, Polygon, and ZKSync, representing a new all-time high. In June, Uniswap generated nearly $100 million in fees, making it […]
OKX to Suspend Accounts Engaging with Tornado Cash
OKX COO, Star Xu warned account holders that using Tornado Cash (TORN) will result in a suspension. The CEO of OKX has announced in a statement published on X that users who have been previously sanctioned will be prohibited from opening new accounts on the platform. Additionally, the crypto exchange will terminate the accounts of […]