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August, 2024

August, 2024

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...
Setup for 2021 Altcoin Explosion May Be Presenting Itself Again Amid Rising Global Liquidity: Jamie Coutts
Real Vision analyst Jamie Coutts says that altcoins may be close to repeating the explosive mania of 2020 and 2021. Coutts says on the social media platform X that the crypto market cycle is currently...
Australian Regulator Issues Warning on Rise of Online Crypto Scams
The Australian Securities and Investment Commission (ASIC) is warning about widespread online investment scams, including those involving cryptocurrencies. In a new announcement, the ASIC says it is c...
State Street Expands Crypto Offerings in New Partnership With Real World Assets-Focused Firm Taurus: Report
State Street is announcing a new collaboration with Swiss cryptocurrency firm Taurus to introduce digital asset services to institutional investors. According to Reuters, the partnership will enable S...
Coinbase Ecosystem Memecoin Breaks Out After Earning Sudden Binance Futures Listing
A Coinbase ecosystem memecoin is rallying after suddenly gaining support from Binance, the largest crypto exchange in the world. In a new announcement, Binance says it will add futures contracts for B...
Elon Musk’s D.O.G.E Post Sparks New Momentum for Dogecoin
Dogecoin (DOGE) has surged nearly 6%, fueled by a recent post from X CEO Elon Musk. The rise follows speculation that the SpaceX executive could have a role in a potential Donald Trump administration....
Newswire > August, 2024
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