Crypto VCs see ‘big opportunities’ with L2 interoperability, but not AI
Cointelegraph spoke to VCs to find out which sectors they’re currently interested in, as investments increased in Q2.
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Ether price drop due to investor sentiment, not $420M ETF outflows — Nansen
Ether’s price is subdued by a lack of risk appetite among investors caused by wider macroeconomic conditions.
ParaSwap launches intent-based protocol to curb MEV attacks
Popular MEV attacks, such as sandwich transactions, have netted attackers nearly $17 billion in the past 30 days.
Strategic blockchain investments by HTX Ventures: A mid-year analysis
HTX Ventures’ 2024 Half-Year Investment Report reveals targeted investments in BTCFi, multichain infrastructure and user experience, which aim to unlock Bitcoin’s potential in DeFi and enhance blockchain interoperability.
Ether price drops 26% since ETF launch as supply increases by 60,500 ETH
The US Ether ETFs generated over $420 million worth of selling pressure for the world's second-largest cryptocurrency.
Gate.io to launch $100M innovation fund with the Blockchain Center in Abu Dhabi
The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region.
California AI bill under scrutiny by US policymakers
Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies.
Toncoin’s BARR breakout sets stage for 40% TON price rally
TON’s upside setup is reinforced by its inverse head-and-shoulders pattern and key catalysts like the Binance listing.
UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents
The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates.
Tether expands USDT to Aptos blockchain for lower fees
Tether's USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees.
A return to $50K? 5 Things to know in Bitcoin this week
BTC price performance is getting Bitcoin traders ready for a retest of lower support levels in the short term.
US mulls applying fiat reporting mandate on crypto transfers
The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, as they aim to include cryptocurrencies and digital assets in new reporting requirements.
South Korean crypto exchange employees out-earn staff at major banks
Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase.
HashKey and Catizen join forces in TON ecosystem expansion
HashKey Group’s collaboration with Catizen on the TON ecosystem marks a significant step in Web3 and GameFi development.
Nigeria’s SEC issues first license to local crypto exchange
As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements.
Goldman Sachs lowers US recession risk to 20% — What it means for Bitcoin
Goldman Sach’s economists said the Federal Reserve could also cut rates in September, and analysts say this could be welcomed by Bitcoin traders.
Vitalik registers ‘defensive accelerationism’ (d/acc) ENS domain — but what is it?
Ethereum co-founder Vitalik Buterin has just paid around $500 to register a new Ethereum Name Service domain name called “dacc.eth.”
Australia took down 600 crypto scams, says AI will make it worse
Australia’s financial markets regulator says due to the evolving nature of technology, it’s becoming increasingly challenging for consumers to identify fraudulent schemes.
Ava Labs COO’s X account suspected as hacked after posting memecoin
The X account of Ava Labs’ operating chief, Luigi D’Onorio DeMeo, has been touting memecoins and other suspicious links, prompting many to warn it's likely a phishing scam.
75% of all Bitcoin has been hodled for over 6 months
Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months.
Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping two
Indian authorities have arrested a man for allegedly kidnapping two employees of BitConnect creator Satish Kumbhani and extorting $125 million in crypto.
Clicker games and more: 6 projects growing on TON blockchain
The TON ecosystem has seen a significant influx of new users amid promising new projects appearing on the blockchain.
What does Bitcoin smell like? AI startup wants to ‘teleport’ digital scents
The technology could also help detect diseases such as cancer.
Bitcoin bulls should steer clear of MicroStrategy's new leveraged ETF
Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy's new ETF.
Colorado Church group tokenizes $2.5M chapel
This may be the first tokenized church in the world.
Bitcoin metrics line up bull signals with $60.6K BTC price level to beat
Bitcoin is giving hints that an upward BTC price phase is about to begin, as measured by two popular trading tools.
Nigeria’s tax watchdog proposes comprehensive crypto
The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset.
Coinbase, KuCoin, others file crypto license applications in Turkey
As the Turkish Capital Markets Board continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes.
Crypto analyst doubts Bitcoin dominance is 'going back up' to 70% again
Crypto analyst Benjamin Cowen expects Bitcoin dominance to make its "final move" to 60% either in September or, at the latest, by December 2024.
Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck
Bitcoin miners could increase profitability and improve "bad balance sheets" by allocating some of their energy capacity to the AI and HPC sectors, according to VanEck.