Reading Time: < 1 minute Venmo, a mobile payment service owned by PayPal, has recently announced its support for its parent company’s stablecoin called PYUSD which is pegged to the US dollar.
Author: Erica Peters
Bitcoin’s Block Space is 100% Filled by NFT Ordinals: Report
Reading Time: < 1 minute According to Dune Analytics dashboard, the first cryptocurrency’s blockchain has been experiencing the longest period of maximum block loading since February.
Mt.Gox Puts Off Compensation Date
Reading Time: < 1 minute The management of troubled crypto exchange Mt. Gox has announced that the deadline for compensation payment has been extended from October 31, 2023 to October 31, 2024.
FTX Files Lawsuit Against Sam Bankman-Fried’s Parents
Reading Time: < 1 minute FTX, the bankrupt cryptocurrency exchange, has taken legal action against the parents of its co-founder and former CEO, Sam Bankman-Fried.
Valuation of NFT Marketplace OpenSea Falls From $12B to $1.2B
Reading Time: < 1 minute The market capitalization of OpenSea, a popular NFT marketplace, has dropped from $12 billion to under $1.2 billion.
Base’s Activity Exceed’s Ethereum’s
Reading Time: < 1 minute For the first time ever, two Layer 2 networks have surpassed Ethereum in terms of transactions per second (TPS).
Cosmos Devs Reveal Roadmap for IBC Protocol Development
Reading Time: < 1 minute The team behind the Cosmos blockchain has announced their roadmap for the Inter-Blockchain Communication (IBC) protocol.
Former Top Celsius Network Executive Pleads Guilty
Reading Time: < 1 minute Former Celsius Network executive Roni Cohen-Pavon has pled guilty to four criminal counts of fraud and price manipulation, Reuters reports.
Ethereum Command Leaves Holesky Testnet
Reading Time: < 1 minute The launch of Ethereum’s public testnet Holesky has had a few issues due to an incorrect configuration, noted researcher Diederik Loerakker.
