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DePIN to be ‘crypto’s next big use case’ — MV Global

Flyhightechno September 6, 2024News

Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology.  Source link

Uniswap settles CFTC charges, Polygon’s new ‘hyperproductive’ POL token: Finance Redefined

Flyhightechno September 6, 2024News

The CFTC’s director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygon’s native token executed a key technical upgrade. Source link

Vitalik says ‘at present’ his donations yield better gains than investments

Flyhightechno September 6, 2024News

The commentary came as the Ethereum co-founder denies allegations that he’s cashing out crypto for profit. Source link

Blockstream Mining issues hashrate-backed security token in fundraise

Flyhightechno September 6, 2024News

Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding. Source link

Rare Ape CryptoPunk sells for $1.5M amid market downturn

Flyhightechno September 6, 2024News

CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value. Source link

Japan’s major banks back new stablecoin project for global trade

Flyhightechno September 6, 2024News

Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20. Source link

India reconsiders foreign crypto exchange registrations: Report

Flyhightechno September 6, 2024News

India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws. Source link

Libre launches Brevan Howard, BlackRock, Hamilton Lane funds on Aptos

Flyhightechno September 6, 2024News

After Solana and Near, Libre protocol is deploying its pool of tokenized funds on the Aptos blockchain.  Source link

Crypto venture capital funding surges to $633M in August rebound

Flyhightechno September 6, 2024News

Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development. Source link

Hacker praised after $27M crypto heist from Penpie DeFi protocol

Flyhightechno September 6, 2024News

The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to a fellow criminal. Source link

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