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2024 Election Bets Propel Polymarket to $111 Million in June Volume


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...

DWF Labs Launches $20 Million Cloudbreak Fund


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


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


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...

Ethereum posts lowest performance since August 2022, losing $61 million


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...

US Spot Bitcoin ETFs Record $129 Million Inflow, Fidelity Leads


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...

Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 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...

Wield The Power Of Darkness With This Shadow Of The Erdtree Katana


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


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


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...

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