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2024 Election Bets Propel Polymarket to $111 Million in June Volume
6.7.2024
According to metrics, the prediction market Polymarket has experienced notable volume over the past few weeks, with the firm reporting it accrued over $100 million in June and $8.2 million on the day the 2024 presidential candidates Donald Trump and Joe Biden debated on stage. The Rising Influence...
Web3 users reached an all-time high of 10M in Q2: DappRadar
4.7.2024
The second quarter saw a record number of Web3 unique daily active wallets, but DappRadar cautioned the growth may be due to temporary airdrops
Hamster Kombat hits 239M users in 81 days — Telegram’s Durov
4.7.2024
Telegram founder Pavel Durov says Hamster Kombat’s viral success could onboard over 200 million people to blockchain technology
DWF Labs Launches $20 Million Cloudbreak Fund
4.7.2024
DWF Labs announced the launch of a $20 million Cloudbreak Fund aimed at supporting Web3 projects in Chinese-speaking regions. The fund will provide investments and strategic resources to help emerging projects achieve their potential. DWF Labs Reveals Cloudbreak Fund for Web3 Projects...
$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours
4.7.2024
Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from...
QED Protocol Raises $6 Million for Scaling With Bitcoin-powered Tech
4.7.2024
PRESS RELEASE. HONG KONG, JULY 4, 2024 — QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, announced today that it has raised $6 million in a funding round led by Blockchain Capital. The fresh influx of capital furthers QED’s mission of utilizing...
Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
4.7.2024
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised...
Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains
3.7.2024
According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network Paused for 14 Hours Due to Massive Wallet Thefts...
Ethereum posts lowest performance since August 2022, losing $61 million
2.7.2024
According to market reports, Ethereum witnessed its biggest outflows since August 2022. Digital assets, including Ethereum, are experiencing an outflow for the third consecutive week, totaling $30 million. It seems that Bitcoin’s investor sentiment is changing slowly and significantly. Media...
Sentient closes $85M seed round for open-source AI
2.7.2024
The round was led by Peter Thiel’s Founders Fund alongside Pantera Capital, Framework Ventures and others
US Spot Bitcoin ETFs Record $129 Million Inflow, Fidelity Leads
2.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw the largest net inflow since June 7, 2024, accumulating $129.45 million. Fidelity’s FBTC led the inflow on Monday with $65.03 million. Fifth Consecutive Day of Inflows for U.S. Bitcoin ETFs On Monday, U.S. spot bitcoin ETFs recorded $1.36...
Polkadot’s treasury has $245M with 2 years of runway
2.7.2024
The blockchain’s revenue declined over the first half of 2024, and its head ambassador has called for its token’s inflation rate to be lowered
German Police Transfers Additional $95 Million in Bitcoin to Bitstamp, Coinbase, and Kraken
1.7.2024
The German Government has apparently transferred an additional 1,500 bitcoin, valued at nearly $95 million, to multiple cryptocurrency exchanges, including Bitstamp, Coinbase, and Kraken. This move, part of a series of transactions since June 19, has led to speculation about the government’s...
Polymarket monthly volume hits $100M as presidential race heats up
1.7.2024
There are now over $200 million worth of bets on who will win the United States presidential election — now just four months out
Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024
29.6.2024
Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across...
Hamster Kombat destined for Guinness World Record?
28.6.2024
Hamster Kombat claims to be the third-fastest app in history to reach 150 million users. Here’s what you need to know about the viral Telegram-based game
Wield The Power Of Darkness With This Shadow Of The Erdtree Katana
28.6.2024
The Sword of Night is a Katana that is only found in Elden Ring’s Shadow of the Erdtree expansion. It’s an excellent weapon for Dexterity builds seeking something fresh, but it’s worth noting that getting it will require you to complete a relatively lengthy quest. If you’re up for it, though, this...
Egyptian Fintech Startup Connect Money Secures $8 Million Seed Funding
28.6.2024
Connect Money, an Egyptian fintech startup, recently secured $8 million in seed funding. The company plans to launch new business verticals using this investment. Connect Money aims to become the go-to platform for businesses seeking seamless banking services. Successful Capital Raise Demonstrates...
Kraken’s Jesse Powell Donates $1 Million to Trump
28.6.2024
Crypto industry leader Jesse Powell has made a significant donation of $1 million, primarily in ethereum, to Donald Trump’s presidential campaign. In a social media post, Powell cited the crypto industry’s struggles with regulation under the Biden administration, specifically naming...
Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam
28.6.2024
Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage...