06 Sep 2024
Bitcoin ETF outflows hit $211.1 million in one day, total surpasses $1 billion since August 27
Quick Take Recent data from Farside reveals significant outflows from Bitcoin ETFs on Sept. 5, totaling $211.1 million. This marks the seventh consecutive trading day of outflows, with no ETF issuers reporting any inflows on Sept. 5. Read more
DeFi and social dApps lead in monthly unique wallets for August – DappRadar
DeFi and social dApps saw a notable rise in daily unique active wallets (dUAW) in August, as the overall dApp industry hit a record 17 million average dUAWs, up 9% from the previous month, according to a DappRadar report. Read more
PixelRealm taps Neon EVM to bring Ethereum games to Solana
PixelRealm, a Web3 gaming ecosystem, has partnered with Neon EVM to enable Ethereum-based games on Solana without the necessity of recoding. This means that developers can deploy existing Ethereum codebases on Solana, reducing development time and costs. The partnership comes as blockchain gaming sees renewed interest, with nearly $580 million invested in 2024. Read more
Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot
In May 2023, the BCB selected 14 participants for the first phase of the pilot. Read more
We Need DePIN to Get to Net-Zero Emissions
To achieve the net-zero goal ASAP, we must find a way to actively integrate end consumers into the energy market. The answer is Decentralized Physical Infrastructure Networks, says Kai Siefert, founder and CEO of Combinder, a user-owned distributed energy network. Read more
Crypto for Advisors: Bitcoin and Gold, Stores of Value
The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that, at least temporarily, overwhelms traditional narratives, including the “store of value” concept. Read more
Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources
The company received takeover interest from a potential investor while conducting a Series B funding round. Read more
EigenLayer to Distribute 86M Tokens to Stakers, Node Operators
Restaking protocol EigenLayer said it will distribute 86 million EIGEN tokens, around 5% of the total supply, to stakers, node operators, ecosystem partners and community members. Read more
Blockstream Mining Raises Fresh Round of Note That Offers Exposure to Bitcoin Hashrate
The EU-compliant security token gives investors exposure to the hashrate over a four year period. Read more
Monochrome confident as it files for Australia’s first ETF to hold Ether directly
Monochrome’s CEO says the firm’s Bitcoin ETF has seen growth from its in-kind subscription mechanism and hopes an Ether ETF could see similar inflows. Read more
Blockchain experiment results in swarm of decentralized learning robots
The research focused on securing the machines against physical and cyber-attack while maintaining their decentralized learning capabilities. Read more
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