Private issuers of stablecoins could extend the lifespan of the US dollar by driving demand for the underlying fiat currency. Source link
PIP Labs secures $80M for Story Protocol, valuation hits $2.25B
Story Protocol’s Series B was co-led by a16z Crypto and Polychain Capital. The funds were targeted at developing its layer-1 blockchain, designed for intellectual property tokenization. Source link
‘Algorithm choice’ can fix social media — but only on decentralized platforms
Jack Dorsey says a marketplace of algorithms could fix toxic social media — but centralized platforms won’t give up their control easily. Source link
Aptos Foundation teams up with Web3 streaming platform
Aptos blockchain strengthens its ecosystem with Myco partnership, paving the way for decentralized streaming and the upcoming native token launch. Source link
How Vitalik Buterin’s pluralistic vision could reshape blockchain governance
While Buterin believes pluralistic philosophy can enhance existing systems, he acknowledges that it cannot replace them. Source link
Tether plans to launch dirham stablecoin with UAE partners
Tether teams up with UAE’s Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances. Source link
Terraform Labs bankruptcy reorganization hearing set for September
The court’s decision will determine if the company can restructure or must liquidate. Source link
Solana memecoin protocol teases new ‘short squeeze’ platform
A memecoin shorting protocol called Dumpy.fun says it will release a new “squeezy” tool allowing traders to take the other side of the short trade. Source link
Tron memecoin deployer ‘SunPump’ tops $1M in revenue 11 days after launch
After 11 days of operation — including a brief downtime — the memecoin platform SunPump has helped create over 18,000 tokens. Source link
CZ and Binance face new lawsuit for alleged laundering of stolen crypto
One legal expert says if the class action lawsuit progresses, it could put the “efficacy of blockchain analytics itself” on trial. Source link