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Newswire > August, 2024
August, 2024

August, 2024

College Dropout Turns $2K into $400K with Solana Investment—Is BlockDAG the Next $400K Opportunity?
Imagine dropping out of college with nothing but a small savings account and a big dream. This scenario wasn’t a setback but an opportunity for one daring individual. With just $2,000, he took a cha...
Germany seizes $28 million in raid on unlicensed crypto ATMs
German authorities have confiscated $28 million in cash and 13 crypto ATMs in a coordinated nationwide operation aimed at curbing unlicensed activities. The latest action, spearheaded by the Federal F...
On-chain derivatives trading volume declines third week in a row
On-chain derivatives weekly trading volumes have been shrinking for the third consecutive week, indicating a potential lack of risk appetite among traders, based on DefiLlama data. The declining volu...
Stablecoin supply changes highlight Bitcoin’s dependency on liquidity factors
Onchain Highlights DEFINITION: This chart shows the aggregate valuation ...
Bloomberg analyst sees bleak future for Solana ETFs amid current SEC climate
Chances of a Solana (SOL) exchange-traded fund (ETF) being approved in the US this year are equal to “a snowball’s chance in hell” unless there is a change in leadership in SEC leadership, accor...
Curve founder’s $6.3 million funding request under fire for lacking clarity
Curve DAO members have raised concerns over a recent proposal by Curve Finance founder Michael Egorov, who has requested 21 million CRV tokens, valued at approximately $6.3 million, to support ongoing...
Gate Ventures partners with Abu Dhabi Blockchain Center for $100 million Web3 fund
Gate Ventures, the venture capital arm of Gate.io exchange, has partnered with Abu Dhabi’s Blockchain Center to launch Falcon Gate, a $100 million Web3 innovation fund, according to a statement shar...
Ethereum L2 Corn launches with $6.7 million in seed funding, integrates Bitcoin-backed gas
Corn, an Ethereum Layer-2 network that uses hybrid tokenized Bitcoin (BTC) as gas and offers Super Yield to its users, has launched after securing $6.7 million in seed funding led by Polychain Capital...
Bitcoin ETFs see 14% growth in institutional interest during Q2 despite downturn
Bitwise CIO Matt Hougan highlighted a notable increase in institutional investments in Bitcoin exchange-traded funds (ET...
Tether Mints Over $33,000,000,000 in USDT This Year on TRON and Ethereum: On-Chain Data
Blockchain data shows that stablecoin issuer Tether has minted over $33 billion in USDT over the last year. According to blockchain tracking firm Lookonchain, Tether minted billions of USDT on the Tro...
Newswire > August, 2024
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