August, 2024

August, 2024

Sling Money, a stablecoin-based global payment app, raises $15 million in Series A
Sling Money converts fiat currency to USDP and then back again in order to complete transfers between around the world....

Nearly $600 million in seized Silk Road bitcoin sent to Coinbase wallet: Arkham
The bitcoin appears to be part of approximately $2 billion worth of BTC the U.S. Department of Justice seized in the Silk Road case....

Renzo enters Solana liquid restaking, set to launch ezSOL on Jito
Renzo has partnered with the Jito Foundation to enter the Solana liquid restaking space. It is set to launch ezSOL on Jito....

EigenLayer testing permissionless token support, ERC-20 tokens to be added as restakable assets
The Ethereum restaking project is adding permissionless token support, allowing for ERC-20 tokens to be added as restakable assets....

July’s CPI data shows inflation slowing to 2.9%, the lowest in over three years
The annual rate is the lowest since March 2021 and the core rate is the lowest since April 2021, according to the Bureau of Labor Statistics....

Senate Majority Leader Chuck Schumer scheduled to speak at Crypto4Harris town hall
Sen. Chuck Schumer will speak at a townhall hosted by "Crypto4Harris," an organization looking to revamp crypto's ties to VP Kamala Harris. ...

Riot Platforms buys another 1 million Bitfarms shares, increasing ownership stake to 18.9%
Riot Platforms now owns just over 85.29 million Bitfarms shares and is the largest shareholder of its smaller bitcoin mining rival....

1kx leads $5 million seed round for modular smart accounts developer Rhinestone
Rhinestone builds infrastructure making smart accounts programmable platforms to improve their interoperability, features and security....

TON collaborates with Pyth Network to enhance real-time data feeds for gaming and DeFi
Pyth says its real-time price data can help TON games build better in-game economies, as well as help DeFi projects expand their audience....

ParaFi Capital leads $10 million Series A into permissioned Ethereum Layer 2 developer Parfin
The Rayls network is geared towards enterprise use cases like tokenization, CBDCs and intra-institution transactions....

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