Coinbase country director for Canada Lucas Matheson took the stage at the Blockchain Futurist Conference on Aug. 13 to discuss the state of Canadian digital asset regulation and promote the newly expanded Stand With Crypto initiative. Matheson argued that although Canada’s regulatory framework is already robust, the country still needs to modernize crypto regulation. The…

Multinational banking and financial services company DBS Bank collaborated with digital payment provider Ant International on a new blockchain-based treasury and liquidity management solution. On Aug. 13, DBS Bank announced the pilot launch of DBS Treasury Tokens, which Ant International will use for instant and multicurrency treasury and liquidity management. The new DBS Treasury Tokens…

Ethereum’s layer-2 scaling ecosystem has just reached a new daily transaction all-time high. According to data from Growthepie, an Ethereum layer-2 block space analytics platform, aggregated daily transactions across the scaling ecosystem hit a record 12.42 million on Aug. 12. Leon Waidmann, head of research at the Onchain Foundation, commented on the milestone in a post on X on…

As Web3 games continue to gain attention, OKX believes that a Web3 version of Steam — one of the most successful digital game distribution platforms in Web2 — is necessary to support the development of the crypto gaming ecosystem. In July, the company launched OKX GameSphere as part of its efforts to accelerate Web3 gaming….

The market for cryptocurrency exchange-traded funds (ETFs) will expand to encompass new types of digital assets as well as diversified crypto indexes, according to an executive at asset manager Grayscale Investments. “We’re going to see a number of more single asset products, and then also certainly some index based and diversified products,” Dave Lavalle, Grayscale’s…

Revenue earned by Bitcoin miners, primarily through block rewards and transaction fees, declined consistently over two weeks to record a new yearly low on Aug. 11. On Aug. 11, daily earnings of the Bitcoin mining community dipped to a new yearly low of $2.54 million, a number last seen in October 2023. The Bitcoin mining community…