• Bitcoin miners have earned a record $184 million in the second quarter of 2023.
• Ethereum-based projects are launching new products and features to enhance security and interoperability.
• Barry Silbert’s DCG is being sued by Gemini over its role in the Gemini Earn Program.
Bitcoin News
Google Cloud recently announced a partnership with infrastructure provider Voltage, unveiling a new trajectory for its Bitcoin and Lightning ambitions. Meanwhile, JP Morgan has played down the effect that the approval of a Spot Bitcoin ETF might bring to the crypto sector. Lastly, Bitcoin miners have raked in an impressive revenue of $184 million in the second quarter of 2023, breaking previous records.
Ethereum News
Ethereum Name Service Labs has announced plans to introduce Layer 2 interoperability for its ENS domains during a community call on June 28th. In addition, Uniswap Foundation has claimed that the launch of version 4 of the protocol depends on Ethereum’s upcoming Cancun upgrade. Finally, Ethereum founder Vitalik Buterin expressed his sympathy and concerns for Solana and other cryptocurrencies in light of SEC’s crackdown on crypto markets.
Altcoins News
The Multichain MPC bridge platform has seen abnormally large outflows, fueling concerns that it could be a target for multi-million dollar exploit resulting in Binance no longer supporting deposits and withdrawals related to it.
Technology News
Open Network (TON) released an on-chain encrypted messaging feature allowing private messages between TON users.
Business News
Cameron Winklevoss is suing Barry Silbert’s DCG over its role in Gemini Earn Program while A new currency pegged to commodities will be announced at BRICS summit on August 22nd lastly Bitfinex has acquired Japanese cryptocurrency exchange BitPoint Japan for $150 million