As Ethereum celebrates its ninth anniversary, we reflect on its transformative journey and share nine key insights from leading executives. Source link
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Decentralized exchanges (DEXs) now have their highest-ever trading volume ratio compared to centralized exchanges (CEXs). On July 29, Uniswap founder Hayden Adams highlighted this achievement, noting that “DEX market share is at an all-time high relative to CEX.” Adams referenced a chart from The Block showing that DEX trading volumes have been…
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The price of storing data directly on the blockchain is extremely prohibitive for most users, leading to an overreliance on traditional IT. Source link
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Compound Finance has settled with crypto whale Humpy and his Golden Boys group over the contentious allocation of 499,000 COMP tokens worth approximately $24 million to a yield-bearing protocol. On July 30, Humpy announced that Proposal 289, which had sparked the controversy, was “now canceled,” pointing out that his actions…
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Trust Wallet’s collaboration with The Open Network aims to leverage Telegram’s user base to enhance GameFi and DApps integration, promising seamless TON token transactions. Source link
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Quick Take According to the US Debt Clock, the US national debt surpassed $35 trillion on July 30. This is a significant increase from $28.5 trillion recorded in July 2020 and $5.5 trillion in July 2000. The rising debt has become a major political concern in the US and was…
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Pixels CEO Luke Barwikowski explains that, unlike Web2 gaming companies that spend heavily on advertising, Web3 games can focus on directly rewarding players. Source link
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The US Securities and Exchange Commission (SEC) is seeking to modify its ongoing lawsuit against Binance to avoid a court decision on the security status of third-party tokens like Solana. In a joint July 29 court filing, the SEC requested permission to amend its original complaint against the crypto trading…
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The FCA’s fine points to a “one-off” enforcement action, not a wider crackdown on the industry, according to a legal expert. Source link
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Quick Take Bitcoin’s network difficulty is anticipated to rise by as much as 11% on July 31 at 8 A.M., reflecting the rise in hash rate we’ve seen over the past weeks. According to Glassnode data, this upcoming adjustment would represent the largest difficulty increase since October 2022, which took…