The United States extends the 90-day tariff truce concluded with China. The American president signed, on August 11, a decree setting the new deadline to November 10. The existing surcharges are maintained. This measure avoids an automatic increase in customs duties and allows additional time to continue negotiations.
Terraform Labs co-founder Do Kwon has admitted guilt to two U.S. criminal charges tied to the $40 billion collapse of TerraUSD and Luna. The South Korean entrepreneur entered the plea in the Southern District of New York after earlier denying all charges. The agreement with prosecutors includes financial penalties of up to $19 million and a recommendation for a reduced prison term.
The crypto market is heating up with Solana and Chainlink leading the way. We bring you all the details in this article.
Elon Musk restarts hostilities against Apple, accusing it of marginalizing Grok and X in the App Store to the benefit of ChatGPT. Behind this apparent quarrel, a broader showdown is at play around AI, competition, and platform control. The line between legitimate curation and anti-competitive practices is blurrier than ever.
The idea of paying for vacations in crypto, once marginal, is becoming established in the European landscape. A recent survey conducted by Bitget, an exchange platform and major Web3 player, highlights a strong trend: crypto is attracting more and more travelers despite technical and regulatory obstacles. And the numbers speak for themselves.
Crypto-focused funds are leading U.S. ETF launches, with Ethereum and Bitcoin attracting record inflows and growing investor interest.
OKB, the native token of OKX, has jumped nearly 160% in a single day after the platform announced sweeping changes to its blockchain ecosystem and tokenomics, including a massive one-time token burn and a fixed maximum supply. The price of OKB jumped from around $45 to as high as $135 on Wednesday, following news that OKX will permanently remove 65,256,712 OKB from circulation. The burn, which comes from historical repurchases and treasury reserves, will leave the total supply capped at 21 million tokens.
Solana continues to dominate the decentralized exchange (DEX) ecosystem, outpacing other veteran networks such as Ethereum. Platforms such as Jupiter are also witnessing active engagement, with four new private AMMs debuting on the network. This trend follows the recent emergence of token launchpads, which have helped drive overall trading activities.
American indices continued their rise, boosted by July inflation below forecasts. This macroeconomic signal propelled expectations of a Fed rate cut as early as September, now almost certain in investors' eyes. Driven by this momentum, optimism also spreads to the crypto market and Asian tech giants, drawing a global movement where macroeconomics, traditional finance, and DeFi advance together.
Ethereum reaches a milestone with 1 billion injected via its ETFs and the opening of 401(k) plans to cryptos. A historic double boost that could propel ETH to new heights and redefine global crypto investment.