BlackRock’s tokenized BUIDL fund has paid $7M in dividends since March
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end...
Month: August 2024
VC Roundup: Investments in Web3 startups top $1B in July
This edition of Cointelegraph’s VC Roundup features Pichi Finance, Sybill, Hyperbolic, Raad Labs, and zkLink.
Celestia on pace to surpass Ethereum in data storage — Research
Celestia has been steadily winning market share in data storage from Ethereum since May.
How crypto bots are ruining crypto — including auto memecoin rug pulls
Crypto bots are automatically rug-pulling memecoins, extracting billions in MEV and ruining airdrops for users and projects alike.
DeFi protocol removed an important line of code that led to a $212K hack
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.
Bitcoin Miner Cleanspark Acquires Wyoming Mining Site
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW)...
FBI Issues Warning About Crypto Exchange Scams
The Federal Bureau of Investigation (FBI) has warned cryptocurrency users about scammers impersonating crypto exchange employees to steal funds through...
Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and...
Finder Experts Predict Ether Hitting $23,549 by 2030 — Majority Say Time to Buy ETH
A survey of 32 cryptocurrency experts on the Finder panel predicts significant growth for ether prices, with average forecasts of...
Backlash as WazirX ‘socializes’ $235M loss, $10B metaverse plan for shut-ins: Asia Express
Backlash to WasirX’s “socialized loss” strategy, Philippines wants Binance off app store, Japan’s metaverse plan for shut-ins. Asia Express.
US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve
U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve...
Hamster Kombat Releases Whitepaper, Allocates 60% of Upcoming Airdrop to Community Distribution
Hamster Kombat, the popular tap-to-earn game built on the TON network, has announced the release of its whitepaper and an...
Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to...
SUN.io Launches SUN DAO to Enhance Decentralized Governance and Drive Ecosystem Innovation
PRESS RELEASE. Singapore, August 1st, 2024 – SUN.io, a leading DeFi platform built on the TRON blockchain, is thrilled to...
Arbitrum-based DuelNow receives $11M funding as Web3 betting heats up
DuelNow is the latest in a string of Web3 gambling venture deals amid surging activity on Polymarket.
