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Grayscale Introduces Crypto Funds for Decentralized AI Project Bittensor's TAO and Layer-1 Network Sui's Token
7.8.2024
US Bitcoin ETFs Bleed $148.56M While Ethereum ETFs Cash In
7.8.2024
Based on the latest data, spot bitcoin exchange-traded funds (ETFs) experienced net outflows of $148.56 million on Tuesday. Conversely, spot ether ETFs saw a positive inflow of $98.30 million during the same period. $148M Vanishes From Bitcoin ETFs While Ethereum ETFs Rake in $98M On Aug. 6, as...
Synthetix Founder Appears to Have Sent Portion of Company Funds to Beleaguered Ex-Treasurer: EmberCN
7.8.2024
On-chain data shows that Synthetix founder Kain unlocked $6.5 million from the company's treasury and donated $86k to SynthaMan, the company's former treasurer that was liquidated during last week's market plunge
Rain exchange attacker address starts laundering ETH through Tornado Cash
7.8.2024
This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures
Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K
7.8.2024
According to a blockchain data tracking service, Jump Trading has moved large amounts of ether to an address previously used to deposit coins to centralized exchanges
Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%
7.8.2024
Nexera, a blockchain infrastructure protocol that focuses on tokenization, has suffered an exploit with $1.5 million being stolen, according to blockchain security firm Cyvers
Stripe Partners With Bitstamp to Make Crypto Buying Easier for European Users
7.8.2024
The widget won't be available to customers in the U.K
Stripe Partners With Bitstamp to Make Crypto Buying Easier for European Users
7.8.2024
The widget won't be available to customers in the U.K
Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings
6.8.2024
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, including the impairment of its Flowbank investment...
Convergence congratulates attacker, attempts to open negotiations
6.8.2024
The Convergence team posted a message to the Ethereum network, stating it believes the attacker ‘acted as a white hat.’
Bitcoin Miner Core Scientific Shares Spike After Signing $2B of Additional Computing Contract
6.8.2024
The extension of the previous deal with CoreWeave brings total revenue potential for the miner to more than $6.7 billion over 12 years
Bitcoin Crashes Amidst Major Sell-Offs: RCO Finance Shines Bright
6.8.2024
Recent crypto market dynamics have sparked significant interest and concern among Bitcoin investors. Simultaneously, RCO Finance has experienced…
Crypto Bank Anchorage Adds Custody for Solana-Based Tokens
6.8.2024
Anchorage began adding custody support for Solana-based tokens in 2022 and only added staking support last year
US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact
6.8.2024
On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $461.98 million, primarily due to significant outflows from...
Egyptian AI Startup Gets $2M for GCC, Africa Expansion
6.8.2024
Egyptian artificial intelligence firm Synapse Analytics has secured $2 million to expand into the Gulf Cooperation Council region and Africa. The company has partnered with major banking product providers such as AWS, Crealogix, and TUMM. Using AI to Simplify Access to Finance The Egyptian...
Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed
6.8.2024
Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September Federal Open Market Committee (FOMC) meeting. The...
Crypto critics file updated campaign finance complaint against Coinbase
6.8.2024
The complainants and Coinbase disagree on whether a government contract to custody seized crypto breaches campaign finance laws or not
Google Pay, Amazon Pay, Walmart-Backed Phonepe Eye Entry Into RBI’s Digital Rupee Program
6.8.2024
Google Pay, Amazon Pay, and Walmart-backed Phonepe are reportedly seeking to join India’s central bank digital currency (CBDC) initiative led by the Reserve Bank of India (RBI). Other fintech firms like Cred and Mobikwik are also seeking participation. These companies aim to facilitate...
Wharton Professor Calls for Emergency Rate Cut Following Market Downturn
6.8.2024
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market downturn. He emphasized the necessity of this cut and suggested another rate cut next month to align with the Federal Reserve’s targets on inflation...
Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account
5.8.2024
Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported our banking license into the UK. This means we are allowed to offer our banking services...