The company beat estimates while non-trading revenue beat trading revenue.
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Polygon Zero accuses Matter Labs’ developers of plagiarism
Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution.
Futureverse co-founders launch $50M venture fund
The AI metaverse company raised $54 million in a Series A round in July.
Base launches mainnet bridge UI for end users, sets Aug. 9 for official launch
Coinbase’s Base network began onboarding end users through a bridge UI, and the team announced Aug. 9 as the platform’s official launch date.
Curve’s crvUSD depegs as market reacts to shock events
The decentralized stablecoin is facing its first stress test since it was released in May, putting its PegKeeper algorithm to work.
The Sandbox implements KYC measures for protocol staking
Unverified users can still withdraw staked SAND but will be unable to make further deposits.
Aave Chan founder proposes buying $2M CRV from Curve founder
The proposal drew mixed reactions from the community where some criticized the strategy for buying more CRV even as others are looking to shed exposure.
Huobi’s Jun Du acquires 10 million CRV tokens to support Curve
Du said the existing challenges were transitory and that he believes the industry would benefit from collective support.
Binance starts BTC/FDUSD and ETH/FDUSD trading pairs with zero-fees
Users can trade ETH/FDUSD with zero maker fee, while the standard taker fee will apply based on the user’s VIP level.
BlockFi’s Chapter 11 plan progresses with conditional court approval
Once the bankruptcy plan receives approval, the lender said it intends to concentrate its efforts on recovering funds from several other defunct firms.