Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. Source link
Linea receives first contributor for open-source L2 rollup
Status partners with Linea, marking the beginning of a significant contribution to Linea’s zkEVM-powered L2 rollup as part of a broader decentralization effort. Source link
Malicious ‘bull checker’ chrome extension found targeting Solana users
Decentralized exchange aggregator Jupiter has alerted users of a malicious browser extension that apparently managed to sneak through Solana’s drainer checks. Source link
Unknown crypto whale has been scooping up WBTC amid controversy
According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week. Source link
Gate.io to launch $100M innovation fund with the Blockchain Center in Abu Dhabi
The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region. Source link
China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’
Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019. Source link
EigenLayer’s EigenDA touts 10x cut in data prices
The data availability protocol is also introducing a “free tier.” Source link
No mention of crypto in US Democratic Party’s 2024 platform
The 91-page party platform is expected to be passed on Aug. 19 in a vote from the Democratic National Convention. Source link
Decentralized Web3 AI firm Theoriq joins Google startup accelerator
The partnership looks to scale Theoriq’s platform for artificial intelligence agents. Source link
Hash Ribbons signal end of miner capitulation: CryptoQuant
On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing. Source link