Bridge Protocol LayerZero Passes 50M Cross-Chain Messages
The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps.Source
Crypto Firm Flashbots Raises $60M in Paradigm-Led Round
The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).Source
U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Celsius’s Former CEO, Attorneys Tell Judge
The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius.Source
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”Source
Putin Signs Digital Ruble Law Making a CBDC Possible in Russia
The new law describes a legal framework for a central bank digital tokenSource
EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirementsSource
I Had My Iris Scanned by the Worldcoin Orb, and It Wasn’t as Scary as I Expected
Sam Altman’s identity-verifying Worldcoin Orb is available worldwide as the network launched on Monday.Source
Crypto Investors Sour on Bitcoin Funds After Massive Inflows, Turn Instead to Ether and XRP
Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.Source
Ethereum’s Buterin Expresses Concerns Over Sam Altman’s Worldcoin
Worldcoin’s identity system, “Proof-of-Personhood,” faces issues with privacy, accessibility, centralization, and security, according to Buterin.Source