7 Aug 2024
Venture capital injects $527 million into crypto startups in July
Venture capital funds invested $527 million into crypto startups in July, with blockchain infrastructure raising $420.7 million. AI protocol Sentient secured $85 million in a round led by prominent investors. Read more
Core Scientific’s shares soar 18% after additional $2 billion CoreWeave agreement
Core Scientific will expand its HPC infrastructure by 112 MW to host CoreWeave’s NVIDIA GPUs, adding $2 billion in revenue over 12 years. Read more
Metaplanet looks to raise $70 million to bolster Bitcoin holdings
Metaplanet is set to raise ¥10.08 billion ($70 million) to purchase additional Bitcoin, enhancing its crypto treasury amid market volatility. Read more
Trump-Themed ‘DJT’ Token, Issued by Martin Shkreli, Suddenly Dives 90%
A single wallet sold $2 million worth of the DJT token, causing its market cap to fall drastically. Read more
Crypto Bank Anchorage Adds Custody for Solana-Based Tokens
Anchorage expanded custody support for Solana-based tokens in 2022, adding staking support last year. Read more
Ronin Bridge Paused, Restarted After $12M Drained in Whitehat Hack
The bridge secures over $850M, confirmed safe by co-founder @Psycheout86. Read more
Bitcoin Miner Core Scientific Shares Spike After Signing $2B of Additional Computing Contract
Core Scientific’s deal with CoreWeave brings potential revenue to over $6.7 billion over 12 years. Read more
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip
Despite net outflows, some positive surprises were noted in ETF action. Read more
Is Bitcoin Still a Store of Value?
The answer varies based on protection from day-to-day volatility versus confiscation or inflation. Read more
DePIN and Machine Data Can Change Web3
DePIN enables tokenization of machines, spreading benefits to owners and users, according to Teneo Protocol CEO. Read more
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
Aave generated $6 million in revenue during a market sell-off. Read more
Valour to launch digital asset ETPs in Kenya
Valour is launching digital asset ETPs on the Nairobi Securities Exchange, expanding from Europe to Africa. Read more
‘The Black Swan’ author says Bitcoin a poor hedge against market meltdown
Nassim Nicholas Taleb argues that gold remains a superior store of value compared to Bitcoin. Read more
Core Scientific shares climb 12% after CoreWeave expands GPU hosting deal
Core Scientific’s GPU hosting deal with CoreWeave is expected to add $2 billion in revenue over 12 years. Read more
Semler Scientific Boosts Bitcoin Treasury Holdings With $6 Million Purchase
The medical technology firm continues to buy BTC, though its investment remains in the red. Read more
Dogecoin and Floki Up Over 10% as Market Rebounds, Shiba Shootout Also Rising
Dogecoin and Floki are rallying, jumping over 10% as the market rebounds, with Shiba Shootout nearing the $900,000 milestone in its presale. Read more
Notcoin Among Top Gainers as Crypto Prices Recover, PlayDoge Raises $6M for New P2E Project
Notcoin is surging as crypto prices recover, with PlayDoge raising over $6 million during its presale. Read more
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