Quick Look: Crossover Markets raised $12M, led by Illuminate Financial and DRW Venture Capital. Mark Beeston from Illuminate Financial joins the board, adding strategic vision. The ECN platform reported $3.15 billion in trading volume in Q1, known for speed and efficiency. The balanced fee model charges one basis point to makers and takers, attracting diverse …
Quick Look: Approval of Bitcoin ETFs in January 2024 has led to significant institutional accumulation, reshaping market dynamics. May 2024 saw $2 billion in digital asset fund inflows, primarily driven by BTC investments. Bitcoin’s price fell to $65,487 in June 2024, influenced by ETF net outflows and broader market shifts. Bitcoin exchange reserves have reached …
Bitcoin Exchange Reserves at 3-Year Low in June 2024 Read More »
Quick Look: Tether’s new synthetic dollar, aUSDT, represents a strategic push into tokenization. XAUT overcollateralizes AUSDT to ensure security and stability on the Ethereum-based Alloy platform. Oversight by Moon Gold entities and El Salvador’s CNAD ensures regulatory compliance and integrity. Tether, a prominent name in the cryptocurrency world, has unveiled its latest financial innovation: a …
Tether Introduces aUSDT, 75% Gold-Backed Synthetic Dollar Read More »
Quick Look: Andrew Tate’s DADDY token launched on June 9, 2024, with rapid market capitalisation growth to $300 million by June 12, 2024. The token’s price peaked at $0.3665 on June 10, 2024, but later dropped to $0.1724 by June 13, 2024, highlighting high volatility. Allegations surfaced about insider trading, with select wallets controlling a …
Andrew Tate’s DADDY Token Surges to $300M Market Cap Read More »
Quick Look: Web3 Foundation introduced the JAM Implementer’s Prize, a $64.7 million fund to boost JAM protocol development. Enhances scalability, flexibility, and security, integrating elements from Polkadot and Ethereum for better performance. Trading between $6.10 and $6.25 with reduced volatility and Open Interest, indicating market calm. The Polkadot community has recently approved a significant advancement …
Polkadot Community Approves ‘Jam’ Architecture, $65M Fund Read More »
Quick Look: The Manta Foundation’s $50 million Eco Fund starts on June 15th, targeting DeFi, gaming, and NFTs. Offers up to $50,000 for early-stage projects and major investments for high-growth ventures. $35 million for Manta Network projects, $10 million for ecosystem grants, and $4 million for general grants. The Manta Foundation has announced the launch …
Manta Foundation Launches $50M Eco Fund for Blockchain Read More »
Quick Look: Azuro provides tools, oracle solutions, and liquidity services for Ethereum Virtual Machine (EVM) chains. Portable and composable infrastructure enables seamless on-chain prediction and gaming development without costs. Partnership with Olas to develop an autonomous AI agent, enhancing the ecosystem with advanced AI capabilities. Azuro is at the forefront of on-chain prediction platforms. It …
Azuro’s $350M Transactions: Leading On-Chain Predictions Read More »
Quick Look: Bitfarms adopted a poison pill strategy to defend against Riot Platforms’ hostile takeover attempts. Riot proposed an unsolicited $950 million offer to acquire Bitfarms, which was rejected. Riot’s share price dropped by 35%, while Bitfarms’ fell by 19% due to acquisition uncertainties. Riot increased its stake in Bitfarms to 13.1% and called for …
Riot Platforms and Bitfarms Clash Amid $950M Acquisition Read More »
Quick Look: Chang Hard Fork: Anticipated in July 2024, enhancing Cardano’s governance and potentially driving ADA prices up. Node 9.0 Launch: Key upgrade for smart contracts and NFTs, positioning Cardano as a competitor to Ethereum. Smart Contracts and NFTs: Cardano’s advancements in these areas offer dynamic functionalities, boosting its market appeal. Proof-of-Stake (PoS): Enhances network …
Cardano ADA: Chang Hard Fork & Node 9.0 Insights Read More »
Quick Look: ZKsync will distribute 3.675 billion ZK tokens (17.5% of the total supply) from January 3, 2025. Users active on ZKsync Era and Lite who meet specific interaction criteria are eligible for the airdrop. The initial token price was $0.66, now adjusted to $0.36, valuing the total at $1.32 billion. A points-based system with …
ZKsync Airdrop: 3.675 Billion Tokens for Community Read More »
Quick Look: Ripple introduces the Japan and Korea Fund, channelling one billion XRP to boost blockchain innovation in Japan and South Korea. Ripple intensifies efforts in the Asia-Pacific region, aiming to increase cryptocurrency payment adoption. Partnerships with HashKey DX and SBI Holdings target supply chain finance and broader adoption of Ripple’s solutions in Japan. Ripple, …
Ripple Launches $1 Billion Fund for Japan and Korea Read More »
Quick Look: Bitcoin declined 0.16% on June 10, closing at $69,570, reflecting market volatility and economic factors. U.S. BTC-Spot ETFs saw $55.4 million in outflows, the first since May, amid speculation on Fed’s interest rate actions. Grayscale Bitcoin Trust, Invesco Galaxy Bitcoin ETF, and Fidelity Wise Origin BTC Fund faced significant outflows. In the latest …
Quick Look: BNB increased by 13.3%, hitting a peak price of $717.48 and raising its market cap to $109 billion. While most top coins dipped, BNB, TON (+10%), and Bitcoin (+2%) showed gains. Binance’s co-founder Zhao faces a four-month sentence and a $50 million fine but retains a net worth of $38.5 billion. The cryptocurrency …
Quick Look: Michael Saylor’s Statement emphasized Satoshi Nakamoto’s role in revolutionizing digital finance through Bitcoin. Nakamoto’s Vision introduced BTC as a decentralized, peer-to-peer cash system, reshaping financial transactions. Analyst Ali identified a critical support range for BTC’s price stability between $69,380 and $67,350. Michael Saylor, the chairman of MicroStrategy, recently made a significant statement regarding …
Michael Saylor: Bitcoin’s Vision and MicroStrategy Moves Read More »
Quick Look: Charges Filed: Three individuals charged with wire fraud and money laundering in ‘Evolved Apes’ NFT scam. Project Details: Launched on 24th September 2021, with 10,000 NFTs and promises of a video game. Collapse: Website down by 5th October 2021; $2.7 million raised, no game delivered. Legal Actions: Defendants face up to 20 years …
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