The Financial Technology Protection Act passed the House of Representatives by voice vote roughly a year after lawmakers sent it out of committee. Source: https://cointelegraph.com/news/bill-illicit-use-crypto-passes-house-representatives?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
Why is Bitcoin price down today?
Bitcoin price is down today as Mt. Gox shifts more BTC and creditors confirm that they received their repayments at the Kraken exchange. Source: https://cointelegraph.com/news/why-is-bitcoin-price-down-today?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wintermute in $300M funding talks, Tencent interested: Report
The crypto market maker could have a valuation of $2 billion if the talks come to fruition. Source: https://cointelegraph.com/news/wintermute-tencent-300m-investment-round?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3 protocol Libre, the firm aims to make its Senior Credit Opportunities Fund (SCOPE) available to a wider range of investors. Hamilton Lane Leverages Solana for […] Source: https://news.bitcoin.com/multi-billion-dollar-asset-manager-hamilton-lane-pioneers-private-credit-fund-launch-on-solana/
Can Grayscale’s Ethereum Mini Trust Prevent a GBTC Redemptions Rerun?
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports A question looming over Tuesday’s launch of spot Ethereum ETFs is whether any outflows from a flagship fund at Grayscale could dull investors’ initial excitement. When…
Bitlayer Raises $11M in Series A Funding Led by Franklin Templeton
Bitlayer Labs, a Bitcoin layer-2 blockchain, has successfully raised $11 million in a Series A funding round, achieving a valuation of $300 million. The round was led by ABCDE and Franklin Templeton, a prominent asset manager known for issuing a spot Bitcoin exchange-traded fund in the U.S. This investment signals the increasing interest of traditional finance in the advancements of…
Top Crypto Presales to Invest in Now
Investing in the best crypto presales can be a lucrative opportunity for those looking to get in on the ground floor of promising new projects. With the cryptocurrency market continuously evolving, identifying the best crypto presales can lead to significant returns. Here are some of the top crypto presales to consider right now. Why Invest in Crypto Presales? Crypto presales…
Phoenix Group Unveils 25MW Crypto Mining Facility in South Carolina
Phoenix Group, a leading name in the cryptocurrency mining industry, has made headlines with the launch of its new 25MW crypto mining facility in South Carolina. This significant development underscores the growing importance of sustainable and large-scale mining operations in the crypto industry. Let’s delve into the details and implications of this major milestone. State-of-the-Art Crypto Mining Facility The new…
Dutch Police Bust Global Pig Butchering Scam Stealing $162M
Dutch police have recently intercepted a massive global pig butchering scam that was involved in stealing $162 million from victims worldwide. This elaborate fraud highlights the increasing sophistication of scammers and the urgent need for public awareness and stricter regulations. Global Impact of the Pig Butchering Scam Pig butchering scams are a form of investment fraud where scammers build trust…
Crypto Super PAC Fairshake Raises $200 Million Ahead of 2024 Presidential Election
A newly established crypto super PAC, Fairshake, has successfully raised $200 million as it prepares for the 2024 presidential election. This significant funding effort marks a notable development in the intersection of cryptocurrency and politics, as Fairshake aims to leverage its financial power to influence political outcomes in favor of the crypto industry. The PAC’s primary objective is to support…