Sahara AI’s funding round was led by Pantera Capital, Binance Labs and Polychain Capital, with participation from Samsung and Matrix Partners, among other investors. Source: https://cointelegraph.com/news/sahara-ai-secures-43m-decentralized-ai-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Top 100 DeFi Hacks: Offchain attack vectors account for 57% of losses
Despite the falling number of smart contract exploits, hackers could surpass the previous year in terms of total value stolen. Source: https://cointelegraph.com/news/top-100-de-fi-hacks-offchain-attack-vectors-account-for-57-of-losses?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Memecoin casino: $100 bet on Pump.fun has worse odds than roulette
Traders are disillusioned with the ultra slim chances of picking a memecoin winner. Source: https://cointelegraph.com/news/memecoin-casino-bet-pump-odds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Brazil poised to launch world’s first spot Solana ETF ahead of global markets
According to IBM’s former blockchain growth lead, a potential Solana ETF approval in the US could act as a significant price catalyst for SOL. Source: https://cointelegraph.com/news/brazil-first-spot-solana-etf-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin, Ethereum Hold Steady as Inflation Slows to 2.9%
The price of Bitcoin was little changed Wednesday after a widely watched inflation gauge came in cooler than expected. The Consumer Price Index (CPI) rose 2.9% in the 12 months through July, the Bureau of Labor Statistics reported Wednesday. Economists expected the index, which tracks price changes across a broad range of goods and services, to rise 3% year over…
$67M Shifted—August Sees Tepid Activity in Dormant Bitcoin Wallet Movements
Between Aug. 1 and Aug. 14, more than 1,109 BTC, worth around $67 million, moved from long-dormant bitcoin wallets that had been inactive for years. The bulk of this activity came from 17 distinct wallets, all originating in 2017, making this the largest movement of previously idle bitcoin from any single year of origin shifted […] Source: https://news.bitcoin.com/67m-shifted-august-sees-tepid-activity-in-dormant-bitcoin-wallet-movements/
Unstoppable Domains to let farmers accept crypto with new Web3 domain
The new top-level domain “.farms” will play a role in Farmsent’s blockchain-based marketplace dedicated to farmers. Source: https://cointelegraph.com/news/unstoppable-domains-to-let-farmers-accept-crypto-with-new-web3-domain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Alex Mehrdad takes reins of our Canadian business; Mark Greenberg promoted to lead new global Asset Growth & Management division
We are pleased to announce that Alex Mehrdad has been appointed the new General Manager of our Canadian operation and will spearhead the next phase of our operational growth across Canada. The news follows an important year of hyper-growth for our Canadian business under Mark Greenberg’s stewardship, which resulted in Mark’s promotion to lead a brand new division in Kraken’s…
Bitcoin’s bull rally will continue another 350 days: Bybit
Bitcoin’s 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up. Source: https://cointelegraph.com/news/bitcoin-s-bull-rally-will-continue-another-350-days-bybit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025
The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high. Source: https://cointelegraph.com/news/bitcoin-price-prediction-164k-2025-decaying-peaks-study?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound