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Changpeng “CZ” Zhao has asked a U.S. bankruptcy court to dismiss FTX’s $1.76 billion clawback lawsuit, claiming the court lacks jurisdiction over a foreign resident involved in offshore transactions. Summary CZ seeks dismissal of FTX’s $1.76B clawback suit, citing lack of U.S. jurisdiction.The disputed 2021 share deal involved offshore entities and foreign transfers.Motion claims U.S. bankruptcy law doesn’t apply; ruling is still pending. The request was filed on Au
Base, Coinbase’s Ethereum layer-2 blockchain, experienced a 33-minute network outage on Aug. 5 after a faulty sequencer transition halted block production. Summary Base’s block production paused for 33 minutes on August 5 due to a misconfigured sequencer.The outage was resolved manually, with infrastructure upgrades now underway.Other recent outages include Hyperliquid and TON, showing scalability scaling risks. A bug in Conductor, an OP (OP) Stack component that ove
Entering the world of cryptocurrency can feel like learning a new language. From “HODL” to “gas fees,” the crypto space is packed with slang, acronyms, and technical terms that often confuse beginners. Whether you’re just starting out or want to sharpen your crypto vocabulary, this guide breaks down 25 essential crypto terms in plain English — so you can navigate the blockchain world with confidence. 🚀 1. Cryptocurrency A digital or virtual currency that uses cryptography for security. Most cryptocurrencies are decentralized and built on blockchain technology (e.g., Bitcoin, Ethereum). 🔗 2. Blockchain A decentralized digital ledger that records transactions…
Cryptocurrency trading can be exciting, fast-paced, and—if you’re smart—profitable. But here’s a question many traders overlook: Are you quietly losing money through trading fees? Even experienced traders sometimes underestimate how much fees eat into their gains. Let’s break it down and learn how to calculate your actual costs—and more importantly, how to reduce them with minimal effort. 💸 Understanding Crypto Trading Fees Most centralized exchanges (CEXs) like Binance and OKX use a tiered fee structure based on: Your 30-day trading volume Whether you’re a maker (adds liquidity) or taker (removes liquidity) Whether you’re using the platform’s native token (e.g., BNB…
July 2025 turned up the heat for Ripple. XRP nearly blasted past its all-time high — something we hadn’t seen since way back in 2018. But just when it looked like the rocket was about to launch, the price pulled back, leaving traders wondering: was that the peak, or just the beginning?Now all eyes are on August. Will Ripple (XRP) make another push, or is this rally running out of steam?Here’s what we’re watching in our Ripple price prediction for August 2025.Table of ContentsXRP price factors fo
On July 30, 2025, Ethereum marked its 10-year anniversary — a decade of pushing Web3 forward with breakthroughs like smart contracts and decentralized finance. And it’s still going strong. Thanks to its mature developer ecosystem, ongoing scalability improvements, and growing institutional adoption, Ethereum’s influence isn’t fading anytime soon.So what’s next for Ethereum over the next five years? And what could the ETH price in 2030 look like? Let’s explore the possibilities in our Ethereum pr
OpenAI, the creator of ChatGPT, is launching a new, powerful open-source AI model. Summary OpenAI is launching an open-source AI model, gpt-ossgpt-oss will have similar capabilities to o3-mini and o4-miniThis model enables developers to run their own applications locally The race for dominance in artificial intelligence has resulted in another major win for small developers and consumers. On Tuesday, August 5, OpenAI released a new open-source large language model, g
Sui crypto price took a steeper hit than major peers, dropping nearly 5% as traders cashed in on recent gains. With Bitcoin dominance climbing and altcoin volume shrinking, the pullback reveals fading risk appetite in a jittery market. Summary SUI fell nearly 5% on August 5, outpacing broader market losses as Bitcoin dominance climbed to 61.4%.The drop follows a $162 million token unlock and signals fading risk appetite amid macro uncertainty.Despite strong fundamentals
SharpLink Gaming, once known as a sports betting affiliate technology provider, has rebranded itself to become the world’s largest corporate holder of Ether.SharpLink today is perhaps the most recognizable publicly traded Ethereum (ETH) treasury vehicle. In one of his first ever interviews since becoming Sharplinks co-CEO, Joseph Chalom discusses the rationale behind this strategic overhaul, why Ethereum was chosen over other assets, and how the company plans to activate its ETH beyond simple bu
The Blockchain-based lender platform, Figure, is set to make its debut in the stock markets after filing for a U.S. initial public offering confidentially this week. Summary Blockchain-based lending platform Figure files S-1 form confidentially with the U.S. SEC.Figure becomes one of many crypto firms to file for a public listing on the market in the wake of the Trump administrations support for the crypto industry. In a recent Bloomberg report, it was revealed that
