Crypto news

Binance.US said that it is prepared to defend itself against the US Securities and Exchange Commission after a court ruled that the regulatory agency’s case against the crypto exchange could continue. In its official statement on X, the US arm of crypto giant Binance affirmed that the “fight continues.” Binance.US Slams SEC’s Enforcement Tactics The crypto exchange said that it has used the “limited guidance” that the SEC has offered to the crypto industry to operate its...

[PRESS RELEASE – Roadtown, British Virgin Islands, July 2nd, 2024] Lif3.com (LIF3/USD)(LIF3/USDt), the revolutionary omni-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom through LayerZero bridging, is thrilled to announce its premier partnership with evmOS to launch the world’s first Layer-1 solution, “Lif3 Chain” designed for public permissionless use with curated contract deployment. The partnership sets a new standard in blockchain...

[PRESS RELEASE – Austin, United States, July 2nd, 2024] Ethos plans to extend Ethereum’s existing validation functionality to confirm a user’s credibility on-chain, something Ethos calls “social validation” Ethos, the decentralized social (DeSo) application bringing reputation and credibility on-chain, today announces the close of its $1.75M funding round led by a collective group of prominent web3 angel investors including Bharat Krymo, James Hall, 0xQuit, Tre, Dingaling,...

[PRESS RELEASE – New York, New York, July 2nd, 2024] Cartesi, a modular execution layer protocol that equips developers with access to a full Linux environment, and Avail, a modular blockchain framework designed to unify web3 and optimize data availability (DA) for scalable and customizable applications, are pleased to announce a close collaboration set to significantly advance web3 development. This integration will offer a seamless and intuitive experience for developers by...

[PRESS RELEASE – Tel Aviv, Israel, July 2nd, 2024] SendBlocks, a pioneering startup in blockchain data management, announced today that it is coming out of stealth mode with $8.2 million in seed funding led by Castle Island Ventures with several other institutional investors including Pitango, Illuminate Financial, Laser Digital (Nomura), Starkware and notable ecosystem leaders. SendBlocks makes accessing blockchain data simple. The SendBlocks platform is fully customizable...

[PRESS RELEASE – Frankfurt, Germany, July 2nd, 2024] Mpeppe (MPEPE) is emerging as a transformative force, poised to redefine online gambling and community engagement. By going beyond mere financial transactions, Mpeppe (MPEPE) aims to build a vibrant, creative, and globally impactful community. This ambitious project embraces the spirit of soccer and integrates decentralized finance (DeFi) elements, driving positive change and creation through strategic community planning....

The US Internal Revenue Service (IRS) has issued its final draft of rules for crypto brokers to report income, offering clarifications on the scope of industry participants required to follow the regulations. Decentralized protocols and self-managed crypto wallets are not included. However, stablecoins and real-world assets (RWAs) will fall under the reporting standards. IRS commissioner Danny Werfel stated, “We reviewed thousands of public comments and believe this new guidance addresses...

A US court has permitted several charges brought by the SEC against Binance to proceed, barring BNB’s selling on secondary markets, Binance’s sale of its BUSD stablecoin, and the exchange’s ‘Simple Earn’ program. Judge Amy Berman Jackson dismissed charges against entities selling BNB on secondary markets based on Judge Analisa Torres dismissing the SEC’s case against Ripple. Eleanor Terret, Fox Business reporter, mentioned on X, “You can fully expect @coinbase, @krakenfx and @Consensys...

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Ondo Finance (ONDO), Render (RNDR) and ETFSwap (ETFS) are three DeFi altcoins projected by top analysts to profit the most from a Spot Ethereum ETFs mega rally as crypto investors shift focus to spot ETH ETFs forecasted to launch into the markets on July 2nd 2024. ETFSwap (ETFS) Set To Lead 2000x Gains Following Launch Of Spot Ethereum ETFs Crypto investors are shifting their investment focus to the ETFSwap (ETFS) viral presale, having identified its robust token utilities and...