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Crypto Briefing

  • PayPal NFT Policy Update

    PayPal withdraws user protection for NFT transactions

    PayPal's policy update, effective May 20, 2024, will remove NFT transactions from its purchase protection.

    NFTs

  • okx x layer launch

    OKX unveils ZK layer 2 network X Layer on public mainnet

    OKX activates X Layer, offering a ZK L2 network with seamless EVM compatibility, enhanced security, and lower transaction fees.

    Ecosystem

  • Umoja and Merlin Chain introduce Bitcoin-based USDb stablecoin

    Umoja and Merlin Chain introduce Bitcoin-based USDb stablecoin

    Umoja partners with Merlin Chain to launch USDb, a unique Bitcoin-based synthetic dollar designed for high yield and stability.

    Ecosystem

  • Exchanges could run out of Bitcoin within 9 months: Bybit

    Exchanges could run out of Bitcoin within 9 months: Bybit

    Bybit's analysis predicts a Bitcoin exchange depletion with reserves drying up in nine months, as the halving event nears.

    Bitcoin

  • Lawmakers probe into the CFTC's relationship with SBF, dark figures in a meeting room.

    Senators probe CFTC chair’s ties with Sam Bankman-Fried

    Senators are demanding transparency from the CFTC concerning its past interactions with Sam Bankman-Fried.

    Regulation

  • AI tokens FET, AGIX, and OCEAN merger set to go live on May

    AI tokens FET, AGIX, and OCEAN merger set to go live on May

    The ASI token merger, uniting Fetch.ai, SingularityNET, and Ocean Protocol, is set to reshape the AI crypto landscape in May.

    Ecosystem

  • 3D animated representation of a Puffer fish swimming in an Ethereum liquidity pool.

    Puffer Finance secures $18M in funding as liquid staking market heats up

    Built from EigenLayer, Puffer Finance's TVL has gone over $1.2 billion, a month after its initial testnet phase.

    Business

  • MANTRA debuts incubator with 0,000 grant at Dubai World Trade Center

    MANTRA debuts incubator with $100,000 grant at Dubai World Trade Center

    MANTRA launches a new incubator in Dubai World Trade Center to advance Real World Asset tokenization, backed by an $11M funding round.

    Ecosystem

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