Litecoin Price Weakens Below $100 As Bears Extend Their Grip

Litecoin (LTC) has recently faced a significant decline in its price, with bears gaining momentum as it slumps below the crucial $100 mark. LTC, often referred to as the “silver to Bitcoin’s gold,” has been a favorite among investors seeking an alternative to the pioneer cryptocurrency. The bearish momentum behind Litecoin’s decline raises questions about the factors driving this price […]

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Stellar (XLM) Sheds 13% As Bearish Sentiments Take Over

In the past week, Stellar (XLM) experienced a decline in price, moving from $0.1 to $0.096. This represents a decrease of -13.42% in value. Furthermore, in the past 24 hours, XLM recorded a minor drop of -0.61%. These price movements indicate a slight bearish sentiment prevailing in the crypto market, with XLM being influenced by the broader market conditions. The […]

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Polygon Labs CEO Steps Down, Chief Legal Officer Takes The Helm

Polygon Labs, the company behind the Polygon blockchain, has announced management changes as it undergoes a rebrand to the next chapter of its corporate development, known as “Polygon 2.0.”  The company has promoted its chief legal officer, Marc Boiron, to the position of CEO, while President Ryan Wyatt will step down at the end of July and serve in an […]

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Open-source advocates launch OP Stack testnet to fund public goods

Layer-2 blockchain Public Goods Network launched a testnet on July 7, promising to spend “the vast majority of net sequencer fees” on public goods instead of paying them out to the development team or token holders, according to an announcement from the network’s developers. In economics, a “public good” is a good that cannot be produced for profit because it […]

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Elon Musk’s lawyers respond to motion to kick Tesla team off Dogecoin case: ‘Waste of this court’s time’

Lawyers representing billionaire Elon Musk and Tesla asked a United States district court judge to toss out a motion to have them sanctioned over alleged conflicts of interest in a $258 billion lawsuit alleging Musk participated in an illegal racketeering scheme related to the Dogecoin (DOGE) cryptocurrency. In a filing dated July 6, Musk and Tesla’s team responded to the […]

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Binance Defies FUD With $2B Inflows In 24 Hours Amid Senior Execs Departure Controversy

Binance has managed to defy fear, uncertainty, and doubt (FUD) over the past 24 hours amidst growing regulatory scrutiny and the recent departure of several top executives. This follows a Thursday report by Fortune that the exchange’s General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie had all tendered their resignations in […]

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