Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

Bitcoin ETFs have seen outflows of $1.3 billion Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months.

Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

Outflows from United States spot Bitcoin exchange-traded funds (ETFs) reached $1.3 billion over the last two weeks as the price of Bitcoin continues to decline.  According to data...

2 months ago

Polygon Labs acquires Toposware, pushing total ZK investment to $1B

The deal brings Polygon’s cumulative zero-knowledge technology investment to over $1 billion, the company said. Toposware’s team is behind Polygon’s Type 1 Prover technology.

Polygon Labs acquires Toposware, pushing total ZK investment to $1B

Polygon Labs has acquired blockchain research and engineering firm Toposware, marking its third investment in zero-knowledge (ZK) startups over the past three years.  Toposware ha...

3 months ago

Solana emerges as an institutional favorite following PayPal USD launch

Solana could emerge as a leading blockchain for payment institutions. Is a Solana-based ETF next?

Solana emerges as an institutional favorite following PayPal USD launch

Solana, the fourth-largest blockchain in terms of total value locked (TVL), is becoming a leading network in institutional adoption. Increasingly more financial institutions will be in...

3 months ago

Warren prods drug agencies about crypto links to fentanyl trade

Senators Elizabeth Warren and William Cassidy say crypto has played an “increasingly prominent role” in the fentanyl industry.

Warren prods drug agencies about crypto links to fentanyl trade

United States Senator Elizabeth Warren is demanding an update from drug agencies about their latest findings and efforts around the use of crypto in the illicit fentanyl market. &ldquo...

3 months ago

YouTube co-founder backs memecoin based on ‘first cat’ on platform

A cat video filmed 20 years ago by former YouTube chief technology officer Steve Chen is now the basis for a memecoin with a market capitalization of more than $20 million.

YouTube co-founder backs memecoin based on ‘first cat’ on platform

Steve Chen, co-founder and former chief technology officer of video-sharing platform YouTube, has been supporting a memecoin project based on one of the first cat videos uploaded to the website ...

3 months ago

US courts to handle Coinbase Dogecoin sweepstakes disputes

Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions.

US courts to handle Coinbase Dogecoin sweepstakes disputes

The United States Supreme Court has overridden Coinbase’s user agreement, allowing district courts to settle sweepstakes disputes involving Dogecoin rewards. Crypto exchange Coin...

3 months ago

Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024.

Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

Decentralized identity solution Humanity Protocol is officially a unicorn after a recent $30 million raise lifted its valuation to $1 billion. The $30 million Seed Round was led by Kin...

4 months ago

Unofficial GameStop memecoin surpasses $100M in market cap

The Solana memecoin has soared more than 2,000% in the past week following the surge in GameStop’s stock.

Unofficial GameStop memecoin surpasses $100M in market cap

GME, an unofficial Solana memecoin parody of American gaming retailer GameStop, has surpassed $100 million in market capitalization amid a trading frenzy of its namesake (but unrelated) entity.&...

4 months ago

GameStop sparked the 2021 memecoin bull run — Will history repeat itself?

Following the return of Keith Gill — also known as “Roaring Kitty” — traders are keeping their eyes peeled for the next big stock or crypto rally — but analysts aren’t so sure.

GameStop sparked the 2021 memecoin bull run — Will history repeat itself?

The sudden and unexpected return of Keith Gill — the man widely credited with kicking off the 2021 GameStop short squeeze — has speculators asking one question: Are we in for GameSto...

4 months ago

Crypto degens ‘hungry’ for next big SocialFi breakthrough — K33 Research

Crypto users are increasingly turning attention to new SocialFi apps, but analysts say it’s probably too early to say whether “SocialFi season” has arrived.

Crypto degens ‘hungry’ for next big SocialFi breakthrough — K33 Research

Crypto users are clamoring to find the next big thing in the Social Finance (SocialFi) sector, according to analysts from K33 Research — who see it a growing corner of crypto despite being...

4 months ago

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