PancakeSwap saw a big rise in trading volume, reaching $188 billion in July and leading the DEX market. This growth was driven by new features like lower fees, cross-chain trading, and a partnership with Binance Alpha.
WeatherlyA false rumour on social media claimed China had banned crypto again, causing brief market panic. Officials and experts confirmed no new rules were issued, and the 2021 restrictions still apply.
WeatherlyThe Satoshi Nakamoto statue in Lugano was taken from its spot in the park and later found broken in Lake Lugano, showing it was vandalised rather than simply stolen. Despite the damage, the local community and supporters remain committed to celebrating Bitcoin’s creator and the ideas the statue represents.
AnaisSouth Korea’s major banks are preparing to launch stablecoin services ahead of new laws that will allow them to operate in the digital asset market. They are forming teams and partnerships to move quickly once the regulations are in place.
WeatherlyA Coinbase ad was banned from UK TV by the Advertising Standards Authority for its critical message about the country’s financial system. Coinbase’s CEO criticised the decision, saying the ban only drew more attention to the ad’s call for crypto innovation and updated regulation.
AnaisOpenAI raised $8.3 billion from top investors, boosting its valuation to $300 billion as it aims for a $40 billion total this year. The funding comes as the company faces pressure to switch to a full for-profit model and finalise new deals with Microsoft.
WeatherlyVerb Technology is rebranding as TON Strategy Co. and has raised $558 million to buy and stake Toncoin, making it their main treasury asset. This move is tied to Toncoin’s growing role in Telegram’s ecosystem, though the token’s value has dropped despite strong investor interest in the company.
AnaisSolana Mobile has started shipping its new crypto smartphone, the Seeker, to over 50 countries after receiving 150,000 pre-orders. The phone features built-in Web3 tools like a secure seed vault and a decentralised app store, offering an alternative to Apple and Google platforms.
WeatherlyChainlink has launched Data Streams to bring live US stock and ETF prices onto 37 blockchains. This allows DeFi apps to access real-time market data for trading, lending, and creating synthetic assets.
WeatherlyThe Philippines has warned ten major offshore crypto exchanges, including OKX and Kraken, for operating without a licence under new rules. The regulator says these platforms pose risks to investors and may face legal action or website blocks.
Anais