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2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview
26.7.2024
Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91...
UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers
26.7.2024
The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA’s first enforcement action against a firm...
VanEck says Bitcoin could hit $2.9 million per coin by 2050
25.7.2024
Bitcoin Layer-2s could be collectively worth around $7.6 trillion, the report added
Massive Sleeping Bitcoin Wallet From 2013 Moves 750 BTC After 11 Years, Valued at $48M
25.7.2024
With bitcoin prices declining by 3.7% in the past 24 hours, a dormant bitcoin wallet, created on May 20, 2013, or just over 11 years ago, moved 750 BTC, valued at roughly $48 million at current exchange rates. Vintage Bitcoin Wallet From 2013 Transfers 750 BTC Amid Market Dip On Thursday, a wallet...
Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding
25.7.2024
The $4.5 million fine could signal the start of more scrutiny for crypto exchanges in the region
Egyptian Fintech Unicorn Secures $157.5 Million In Latest Funding Round
25.7.2024
The Egyptian fintech giant MNT Halan has raised $157.5 million to fund its regional expansion. Mounir Nakhla stated that MNT Halan’s planned international expansion will happen through mergers, acquisitions, and partnerships. MNT Halan Targets Pakistan The Egyptian fintech giant, MNT Halan,...
Galaxy Asset Management raises $113M for new crypto venture
25.7.2024
The $113 million could be a significant financial lifeline for cryptocurrency startups and invite more institutional attention to the crypto space
Spot Ethereum ETFs post $113M of outflows on second day of launch
25.7.2024
The “newborn” eight ETFs didn’t manage to outrun the $327 million of outflows from Grayscale’s recently converted Ethereum Trust
Riot Platform buys Kentucky-based Block Mining for $93M
25.7.2024
Riot says the deal will immediately add one exahashes per second to its self-mining hashrate and expands its footprint in the United States
Proton Launches Self-Custodial Bitcoin Wallet: 100 Million Proton Mail Users Can Now Receive BTC via Email
25.7.2024
Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail email address, you can now automatically receive...
Rollup-in-a-Box Startup Caldera Raises $15M From Peter Thiel's Venture Fund
24.7.2024
As Ethereum's Layer-2 ecosystem booms, Caldera's "Metalayer" aims to help developers quickly launch applications across multiple networks
Spot Ethereum ETFs post $107M net inflows on first day
24.7.2024
The newly launched spot ETH funds posted positive net inflows despite being weighed down by $485 million of bleeding from Grayscale’s Ethereum Trust
Spot Ethereum ETFs post $107M net inflows on first day
24.7.2024
The newly launched spot Ether ETFs posted positive net inflows despite being weighed down by $485 million bleeding from Grayscale’s Ethereum Trust
Wintermute in $300M funding talks, Tencent interested: Report
23.7.2024
The crypto market maker could have a valuation of $2 billion if the talks come to fruition
Wintermute in $300M funding talks, Tencent interested: Report
23.7.2024
The crypto market maker could have a valuation of $2 billion if the talks come to fruition
SingularityNET to invest $53M in AI infrastructure, modular supercomputer
23.7.2024
The investment includes modular data centers and high-performance AI infrastructure for advancements in deep neural networks and large language models
NPC Labs Secures $18 Million in Seed Round to Bring Gamefi to Non-Crypto Native Users
23.7.2024
NPC Labs, an onchain product distribution platform founded by former members of Base, has successfully raised $18 million in a Seed Round led by Pantera Capital. The funding round saw participation from prominent investors such as Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures...
Telegram Reaches 950 Million Monthly Active Users
23.7.2024
Telegram, the popular messaging app, has reached 950 million monthly active users worldwide, according to its founder Pavel Durov. The app has served as a platform for the popularization and growth of several cryptocurrency projects featuring tap-to-earn mechanics, such as Notcoin and the recently...
Ex-Coinbase staff founded NPC Labs raises $21M to build gaming on Base
23.7.2024
The $21 million funding effort was led by Pantera Capital, which contributed $18 million, and included funding from Makers Fund, Hashed, Mirana Ventures, and several other investors
Singapore commits $74.3M for quantum and AI in finance
22.7.2024
MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding