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Nalezeno "$31 Billion": 2993

Crypto Startup Funding Hits $2.4 Billion in Q1


Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread across 518 deals, marked a 40.3% increase from...

Web3 gaming investments surge to nearly $1 billion in April 2024


April 2024 marked a significant milestone for the Web3 gaming industry, with investments nearing $1 billion. This underscoring the burgeoning interest and financial support for Blockchain-based gaming ventures is seen as a testament to the potential and innovation within the Web3 gaming ecosystem...

10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days


According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot bitcoin ETFs collectively hold 2.78% of the crypto...

Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers


Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group...

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