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Friday Market Recap: Ether ETFs See Zero Gains as Bitcoin ETFs Bleed $175 Million
31.8.2024
Spot bitcoin exchange-traded funds (ETFs) faced another round of outflows as five funds pulled out $175.67 million. At the same time, despite a trading volume of $173.66 million, ether ETFs saw no net gains or losses on Friday. Bitcoin ETFs Lose $175 Million; Ether ETFs Show No Change Bitcoin ETFs...
Washington Man Faces Charges in $64 Million Crypto Laundering Scheme
31.8.2024
A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds were moved offshore or converted to cryptocurrencies such as bitcoin and ethereum...
First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange
30.8.2024
On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading by the Brazilian securities regulator (CVM), is offered by QR Asset, which also has...
Parafi Capital Secures $120 Million for Investing in Crypto Funds
30.8.2024
The New York-based digital asset manager, Parafi Capital, has secured $120 million to invest in general partner stakes of crypto funds. These funds focus on specific market segments, strategies, or geographic locations. With this funding, Parafi Capital aims to build a portfolio of 30-50 general...
South African Fintech Firm Raises $7.5 Million to Expand Financial Inclusion
30.8.2024
Omnisient, a South African fintech startup, secured a $7.5 million Series A investment from Arise to support its mission of enhancing financial inclusion across Africa and beyond. The investment will help Omnisient expand its technology to African, European, and U.S. markets. The startup is also...
BlackRock's Bitcoin ETF registers second-ever outflow of $13.5M
30.8.2024
BlackRock’s Bitcoin ETF has faced its second-ever day of outflows as the price of Bitcoin dipped below $59,000
A Dormant Wallet Sends $Floki Worth $2.27 Million to Binance
30.8.2024
A dormant wallet associated with the Floki project was reactivated after 2.5 years of inactivity after 15.22 billion…
Double Jump.Tokyo Raises Over $10 Million From SBI and Sony Group
30.8.2024
Double Jump.Tokyo, a Japan-based Web3 gaming company, has secured over $10 million in its Series D first closing led by SBI Investment. The round, which had the participation of Sony Group Corporation and others, will allow the company to continue developing blockchain games and offering related...
Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million
29.8.2024
A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction...
Donald Trump’s 4th NFT Venture Makes $2 Million in 24 Hours
29.8.2024
On 24th of August 2024, Presidential Candidate Donald Trump released his 4th NFT, Series 4: The America First…
Trader loses $1M in scam after Kylian Mbappe’s X account is hacked 
29.8.2024
The trader lost over $1 million within a single hour, not realizing that the Real Madrid footballer’s account was hacked before endorsing the scam token
Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities
29.8.2024
Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth...
France Charges Telegram’s Pavel Durov, Sets Bail at €5 Million
28.8.2024
Telegram’s founder and CEO, Pavel Durov, is still in hot water in France, facing multiple criminal charges linked to activities on his messaging platform. The French court reportedly set his bail at €5 million, and he’s now prohibited from leaving the country. French Authorities Charge Telegram...
Bitcoin Runes records 15.6M NFT transactions, weekly volumes turn positive: Nifty Newsletter
28.8.2024
Bitcoin Runes has recorded 15.6 million transactions and generated $162.4 million in fees in four months.
Lemniscap secures $70M to back early-stage Web3 startups
28.8.2024
The new fund will back startups working on blockchain-based solutions, including zero-knowledge infrastructure and emerging Bitcoin ecosystems.
Bitwise Bitcoin ETF to absorb $120M Osprey Bitcoin Trust
28.8.2024
Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust
Alameda Research Moves $1.13 Million Worth WLD to Binance
28.8.2024
FTX’s sister company, Alameda Research has transferred a total of 698,000 Worldcoin(WLD) worth around $1.13 Million to Binance…
Aussies lost $122 million to crypto scams in the last 12 months: AFP
28.8.2024
The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.
Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain
28.8.2024
Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between...
Blockchain database firm SxT Labs raises $20M in Series A round
27.8.2024
Framework Ventures, Lightspeed Faction, Arrington Capital, and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round.