Category: Uncategorized

Blockchain Security Firm Forta Upgrades Its Scam Detector to Battle Growing Crypto Fraud
Hundreds of millions of dollars have been lost to scams and exploits in July alone.

Multicoin Backer L1 Digital Raises 2M for Second Crypto VC Fund
The Swiss advisor makes direct investments in crypto projects and also backs early-stage crypto investment firms.

Crypto Brokerage Blockchain.com Receives Institution License From Singapore
The company had received an in-principle approval from the Monetary Authority of Singapore last year.

Decentralized Insurance Alternative Nexus Mutual Provides Cover to UK Shopkeepers
A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to the retail mutual insurer comprising over 5,000 shopkeepers and small retail businesses.

Circle Makes Crypto Payments Easier With New Programmable Web3 Wallet for Businesses
Circle’s Programmable Wallets platform is available now for developers on Ethereum, Avalanche and Polygon, with plans to expand to other blockchain later this year.

First Mover Americas: Market Doesn't React Much to PayPal Stablecoin
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

AI Will Be One of the Most Important Investment Themes Over the Next Decade: Morgan Stanley
The generative-AI market rally is assumed to have started with the launch of ChatGPT late last year, the report said.

Rising Dormant Bitcoin Numbers Suggest Holding Is a Preferred Investment Strategy
Almost 69% of circulating bitcoin have been inactive for at least a year.

Bitcoin, Ether Flat as PayPal USD Report Fails to Ignite Market; SHIB Finds Support
Ether (ETH), bnb (BNB) and cardano (ADA) were similarly little changed. Dogecoin (DOGE) and Avalanche blockchain’s avax (AVAX) fell 1.5% to lead losses among major tokens.

UK's Central Bank Forges Ahead With Plans for a Systemic Stablecoin Regime
The U.K. recently passed the Financial Services and Markets Act 2023 into law which gave the BoE powers to set up a systemic stablecoin regime.