Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations to improve the security and efficiency of defi protocols. Chaos […] Source: https://news.bitcoin.com/chaos-labs-secures-55m-series-a-funding-to-bolster-defi-risk-management-solutions/
Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations. Source: https://cointelegraph.com/news/bitcoin-mining-mara-ceo-kamala-harris-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vitalik Buterin has yet again put the trillions of crypto tokens that people routinely send to him to good use: this time, to help animals in need. On Wednesday, the Ethereum co-founder donated $532,000 worth of ETH to the Effective Altruism Fund’s dedicated Animal Welfare Fund. The crypto, he says, came from selling off all of the “animal coins”—animal-themed, Ethereum-based…
As the 2024 election draws nearer, a new group of cryptocurrency advocates, including billionaire Mark Cuban and Wall Street financier Anthony Scaramucci, is calling for a significant shift in the Democratic Party’s stance on digital assets. The group, known as Crypto4Harris, is pushing Vice President Kamala Harris to reset the party’s crypto policy, highlighting the urgency of this issue for…
The U.S. government has recently transferred nearly $600 million worth of Bitcoin (BTC), seized from the Silk Road dark web marketplace, to a wallet associated with Coinbase Prime. This transfer involved 10,000 Bitcoin and was reported by Arkham Intelligence. Market Impact and Speculation The purpose of this transfer—whether to sell or hold the assets—remains unclear. This move follows a previous…
A new exchange-traded fund (ETF) that gives investors a chance to maximize returns on rising MicroStrategy stock just hit the market. Dubbed MSTX and launched by Miami-based Defiance ETFs, the fund gives investors access to a leveraged position in a MicroStrategy stock investment. Typical ETFs give investors exposure to an asset—be it a security or commodity—via shares that track its…
In a significant move towards establishing a clear regulatory framework for cryptocurrencies, Senate Majority Leader Chuck Schumer has pledged to pass “sensible and long-lasting” crypto regulation by the end of 2024. This assurance came during a virtual town hall organized by the “Crypto for Harris” advocacy group, where Schumer discussed the future of cryptocurrency with billionaire entrepreneur and crypto advocate…
Coinbase has announced the launch of cbBTC, a wrapped version of Bitcoin, on its Base network. This strategic move aims to broaden Coinbase’s tokenized asset portfolio and could potentially transform the wrapped Bitcoin landscape. Although specific details about cbBTC are yet to be revealed, the introduction of this new asset comes in response to the increasing demand for tokenized Bitcoin…
Multiple analysts believe that Ethereum price is likely to touch new lows near $1,600. Source: https://cointelegraph.com/news/ethereum-traders-say-eth-price-at-risk-of-a-deeper-correction-to-1-6k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A total of nine out of 13 US-listed Bitcoin mining companies raised capital through stock offers in the second quarter of 2024. Source: https://cointelegraph.com/news/public-miners-raised-2-2-b-cash-flow-crunch-intensifies-post-halving?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
