A class action lawsuit against Shaquille O’Neal was partially dismissed Friday, while a U.S. court found that the legal battle over his Solana NFT project Astrals could proceed on some allegations that the basketball legend offered and sold investors unregistered securities. O’Neal’s Solana-based NFT project Astrals featured 10,000 “metaverse-ready avatars,” which were tied to a DAO and governance token dubbed…
Month: August 2024
Bitwise Expands European Presence Through Acquisition of ETC Group
Bitwise Asset Management has taken a bold step into the European market by acquiring ETC Group, a London-based provider of cryptocurrency exchange-traded products (ETPs). This strategic move increases Bitwise’s assets under management to over $4.5 billion, adding nine European-listed crypto ETPs to its expanding portfolio. Bitwise Enters European Market by Acquiring ETC Group, Boosting Crypto […] Source: https://news.bitcoin.com/bitwise-expands-european-presence-through-acquisition-of-etc-group/
Solana ETPs see $39M outflow — Is the SOL price top in?
CoinShares data shows Solana investment products registering a $39 million outflow, while Bitcoin investment products saw modest inflows. Source: https://cointelegraph.com/news/solana-etps-see-39-m-outflow-is-the-sol-price-top-in?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dubai court recognizes crypto as valid salary payment: Law Decoded
Dubai’s latest ruling marks a significant shift in the legal acceptance of cryptocurrencies, aligning the UAE with global trends in digital finance. Source: https://cointelegraph.com/news/dubai-court-crypto-salary-valid-payment-law-decoded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge sets Oct 2025 trial for brothers allegedly behind $25M exploit
Shortly after their arrest in May, Anton and James Peraire-Bueno were released on $250,000 bonds until the conclusion of their criminal case. Source: https://cointelegraph.com/news/judge-trial-peraire-bueno-mev-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Ragnarok: Monster World’ Beta Launches on Ethereum Network Ronin—Here’s How to Play
Blockchain-based tower defense game Ragnarok: Monster World is now available for most people to play on mobile devices. This beta test will run for just one week with players being rewarded for their participation. Ragnarok Online is an iconic massively multiplayer online role-playing game (MMORPG) that has amassed over 167 million downloads globally since its 2002 launch. This is the…
Decentralized Web3 AI firm Theoriq joins Google startup accelerator
The partnership looks to scale Theoriq’s platform for artificial intelligence agents. Source: https://cointelegraph.com/news/decentralized-web3-ai-firm-theoriq-joins-google-startup-accelerator?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitwise Pushes Into Europe With ETC Group Acquisition
American crypto asset manager Bitwise has expanded to Europe after acquiring London-based ETC Group. The San Francisco-based firm—which was behind Bitcoin and Ethereum crypto exchange-traded funds (ETFs) launched this year in the U.S.—announced the acquisition Monday. ETC Group, which manages assets worth $1 billion, offers a number of digital asset exchange-traded products (ETPs) that give European investors exposure to Bitcoin,…
Price analysis 8/19: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
The S&P 500 Index is nearing its all-time high, but Bitcoin is struggling to rise above $60,000, pointing to further underperformance in the near term. Source: https://cointelegraph.com/news/price-analysis-8-19-spx-dxy-btc-eth-bnb-sol-xrp-doge-ton-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Bitcoin ETFs on the Verge of Controlling 1 Million BTC
According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34% of the total BTC. 12 Spot Bitcoin ETFs Close in […] Source: https://news.bitcoin.com/us-bitcoin-etfs-on-the-verge-of-controlling-1-million-btc/