Author: American Coins & Gold

CoinDesk 20 Performance Update: Index Tumbles 3.2%, With RNDR the Only Asset to Advance
RNDR was the lone gainer while MATIC and NEAR suffered steep losses of 8.9% and 7.5% respectively.

Investment Firm Lemniscap Raises M Fund Targeting Early Stage Web3 Projects
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).

WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.

WazirX Asks Singapore High Court for 6 Months to Restructure Its Liabilities
The application initiates an automatic moratorium of 30 days.

First Mover Americas: TON Blockchain Resumes After 6-Hour Outage
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Institutional Investors Continue to Increase Digital Asset Allocation: Economist Report
The report, commissioned by OKX, shows that a growing number of institutional investors are examining new digital asset products for their portfolio

Hong Kong Markets Authority Opens Its Tokenization Sandbox and Major Institutions Dive In
HSBC bank completed three proof of concepts in Hong Kong’s Ensemble sandbox.

Cardano Blockchain Heads for 'Chang Hard Fork,' Biggest Upgrade in Two Years
The main feature of the upgrade is to give Cardano the ability to introduce on-chain governance features.

Australians Lost 2M Worth of Crypto to Scams in 12 Months: Police
Australia’s national police agency has warned that Australians lost at least Australian dollars 180 million of cryptocurrency ($122 million) in investment scams in just 12 months, “urging all to be extra aware of the proliferation and sophistication of scams,” an announcement on Wednesday said.

Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online
Toncoin’s TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted.