Tether to sunset USDT on five legacy blockchains, including Algorand and Omni
The firm announced in 2023 that it would discontinue support for Bitcoin Cash, Kusama, and Omni due to a lack of usage. Source link
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Coinbase hires pseudonymous poster AlexOnchain as first ‘Crypto Twitter lead’ in bid to expand social media presence
Alex, who previously served four years as head of social media and community at Binance, is looking to make Coinbase’s “comms more social native.” Source...
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Coinbase acquires Opyn’s leadership team in bid to expand onchain derivatives
Opyn CEO Andrew Leone and head of research Joe Clark will join the markets team and help expand the exchange’s Verified Pools feature. Source link
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K Wave Media brings Bitcoin treasury financing to $1 billion with latest funding deal
K Wave Media Inc. (ticker KWM) has entered into a $500 million convertible note agreement with alternative asset manager Anson Funds. Source link
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Pump.fun makes first acquisition, purchases Solana-based copy-trading wallet tracker Kolscan
The move marks the popular memecoin generator’s first acquisition and comes days ahead of the platform’s much-anticipated ICO. Source link
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MOODENG memecoin jumps 17% as beloved pygmy hippo celebrates first birthday
The memecoin is currently trading above $0.21, about 66.13% away from an all-time high set in November 2024. Source link
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Coinbase partners with Perplexity AI on real-time crypto data service
The move marks the latest high-profile tie-up between leading blockchain and AI firms, like the deal between Polymarket and Elon Musk’s xAI. Source link
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Solana-based memecoin generator Pump.fun plans to list its upcoming PUMP token on July 12
The Pump.fun team will apparently offer 150 billion PUMP tokens priced at $0.04 worth of USDT with a 1 trillion max supply. Source link
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Ethereum co-creator Vitalik Buterin advocates for ‘copyleft’ software publishing
According to Buterin, this would require developers to release derivative code under the same license, slightly more restrictive than pure open-source publishing. Source link
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Paradigm leads $11.5 million funding round in Kuru Labs, a decentralized exchange blending CLOBs and AMMs
Kuru blends AMM functionality with the central limit order book (CLOB) architecture on the Monad Layer 1 blockchain. Source link