Crypto Startup Funding Hits $2.4 Billion in Q1
Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded…
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Ripple Unveils Brazil Fund for Supporting Local XRP Ledger Projects
Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the…
62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days of May. Leading the charge, the entertainment-focused blockchain project Sophon…
‘Really Stupid and a Huge Mistake:’ Putin Blasts US Actions Blocking Payments to China; Exporters Turn to Small Banks and Crypto
Russian President Vladimir Putin charged against the U.S. actions seeking to block Russian payments to China and other countries. During a two-day trip to China, the Russian leader emphasized that…
The Week’s Biggest Crypto Gainers and Losers: PENDLE Soars, WLD Plummets
This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between…
Dormant Bitcoin Wallet Transfers 114 BTC Worth $7.6M After 11 Years
With bitcoin’s price up 6.8% from last week, a dormant bitcoin address from 2013 became active for the first time in over 11 years, transferring 114.42 bitcoins valued at $7.67…
Judge Rules Craig Wright Lied ‘Extensively,’ Committed Forgery in Bid to Claim Satoshi Identity
On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright lied “extensively and repeatedly” in his efforts…
Grayscale Leadership Change: Sonnenshein Steps Down — Goldman Sachs’ Peter Mintzberg Appointed New CEO
Crypto asset manager Grayscale Investments has appointed Peter Mintzberg as CEO, effective August 15, 2024. Mintzberg, currently Global Head of Strategy for Asset and Wealth Management at Goldman Sachs, will…
Ethereum Technical Insights: ETH Crosses $3,100 Mark for the First Time in 21 Days
Ethereum’s price has been exhibiting a narrow intraday range between $3,048 and $3,139. With a market capitalization of $373 billion and a 24-hour trading volume of $9.83 billion, the cryptocurrency…
Ethereum funds face $23 million in outflows amid ETF uncertainty
Ethereum funds record $23M in outflows as investor sentiment shifts with US ETF approval looking increasingly uncertain. The post Ethereum funds face $23 million in outflows amid ETF uncertainty appeared…
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