Author: Puskar Pande
$78 million leaves US Bitcoin ETFs, snapping a 12-day trend of inflows
Blackrock’s IBIT Gains $71M, while Three Bitcoin ETFs See Outflows After record-breaking inflows for 12 straight days and a $533.57 million inflow on Monday, U.S. spot bitcoin ETFs saw a…
After a hack, MonoSwap requests that users take their money out
Users were advised by the yield-driven decentralized exchange to hold off on adding liquidity or making any stakes in its pools until later. To prevent any losses, those who have…
Riot Platforms Expands to 2 GW Capacity and Acquires Block Mining for $92.5M
Riot Platforms just released a press release stating that $18.5 million in cash and $74 million in common stock were used to fund the purchase. By 2025, block mining might…
Self-custodial Bitcoin wallet unveiled by Proton Mail’s parent company
Proton, a privacy and security startup, released its open-source Proton Wallet on Wednesday with the goal of making using Bitcoin BTC -2.97% easier for users. Proton, which prioritizes privacy and…
First agricultural RWA trade on Solana is completed by AgriDex
On the blockchain network Solana, the agricultural real-world asset (RWA) marketplace completed its first trade. More than 200 bottles of olive oil and many cases of wine were transported from…
A new ‘Hub’ service and a “one-click” Lightning app store are unveiled by Bitcoin firm Alby
The startup Alby, which created the well-liked open-source browser extension for keeping public and private keys locally on Bitcoin BTC -2.97%, recently introduced a new product that enables customers to…
Google search volume for “Onchain” is surging like never before
The volume of Google searches for “onchain” is reaching previously unheard-of levels, indicating a growing public interest in blockchain technology. Since the beginning of 2024, the search interest score has…
With the help of Morgan Stanley and a GPU pilot, bitcoin miner IREN is stepping into AI
According to its July 23 Analyst & Investor Day presentation, bitcoin miner IREN (previously known as Iris Energy) is the newest cryptocurrency mining business hoping to capitalize on the artificial…
Franklin Templeton contributes $300 million to Bitlayer’s Bitcoin infrastructure
Bitlayer, a Bitcoin layer-2 network, has raised a total of $16 million, including $11 million in its Series A investment round, according to a statement shared with CryptoSlate on July…
Binance Labs is the lead investor in GameFi Publisher, the company behind the well-known Telegram gaming bot
In a recent statement, Binance Labs stated that it had spearheaded a funding round for Pluto Studio, a publishing platform for game finance (GameFi). The platform’s first iteration, called Catizen,…
BlackRock Offers Ethena’s RWA Investment Plan a $500 million tokenized fund
BlackRock’s BUIDL fund is one of the first applicants to enter the $3.4 billion yield-generating synthetic dollar token USDe’s tokenized real-world asset (RWA) investment pool planned by Ethena, the protocol…
To create a new L2 project, Pudgy Penguins business wins $11 million
Leading the investment round was Peter Thiel’s Founders Fund, which Igloo claims will support a new consumer Layer 2 Ethereum (ETH) solution to increase the uptake of cryptocurrencies. Igloo looks…
The CEO of Telegram highlights how the cryptocurrency game Catizen made $16 million from in-app purchases
Pavel Durov, the CEO of Telegram, said on his messaging app that Catizen, a tap-to-earn cryptocurrency game, has “earned” $16 million through in-app purchases. With over 26 million players, Catizen…
Lightning Labs launches updated Taproot Assets with the goal of enhancing stablecoin settlement
The capacity to create digital assets, such as stablecoins on Bitcoin BTC -2.19%, and then send them via the Lightning Network was made possible by Lightning Labs’ announcement that Taproot…
Alumni of Coinbase contribute $21 million to NPC Labs, a startup that builds infrastructure for web3 gaming
Pre-seed and seed fundraising rounds for NPC Labs, a web3 gaming infrastructure firm co-founded by three former Coinbase employees, have raised a total of $21 million. Thanks to the leadership…
BlackRock’s IBIT achieves $523M in inflows on the largest day since March
With more than $523 million coming into the BlackRock spot Bitcoin exchange-traded fund (ETF) on Monday, it saw its largest day of inflows in more than four months. Hey Apollo…
SoMon’s Innovation: Revolutionizing Web3 Social Communication
With the introduction of its application on Base, SoMon, a decentralized Web3 forum that promotes user-owned content and connections, accomplished a noteworthy milestone by completing over 300,000 on-chain transactions in…
In the most recent cryptocurrency rise, meme currencies surpass BTC and ETH
On July 21, Bitcoin (BTC) momentarily crossed $68,000, setting off a wave of price spikes throughout the cryptocurrency market. Memes have taken center stage in this environment, surpassing both Bitcoin…
Lumx establishes a $250k fund for Latin American Polygon projects
A $250,000 fund has been established by Web3 startup Lumx to expedite on-chain development on the Polygon network in Latin America. By providing grants to businesses developing apps on any…
WazirX hacker dumps Chainlink, Uniswap, and Other Alternatives
The hackers behind the WazirX exploit has liquidated a considerable portion of its illegitimate gains, as analysts have observed, which has had a substantial impact on some prices. The top…