Can Bitcoin get a green monthly close above $64.3K?
Bitcoin’s summer illiquidity could carry on into September, but lower interest rates could kickstart the real bull market in early 2025, according to analysts. Go to Source
Month: August 2024
ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs
On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, though their losses were less significant compared to their bitcoin counterparts. $127M Withdrawn From … Read more
Blockchain ‘conjuring’ fails to improve humanitarian aid — Study
Margie Cheesman investigated a blockchain charity project for more than a year but found that the technology seemed to cause more problems than it solved. Go to Source
Japan eyes Web3 growth with startup-focused tax reforms
Japanese minister Takeru Saito hopes to create an environment to lure businesses and developers worldwide. Go to Source
Breaking: Telegram CEO Pavel Durov taken to court in Paris
Telegram founder and CEO Pavel Durov was taken to court from custody on Wednesday, several reports suggested. Go to Source
How Logos Is Onboarding Early Supporters Onto Its Network State Technology Stack With a Bitcoin Ordinals Collection
Logos is a fully decentralized, privacy-preserving, and politically neutral technology stack that provides the necessary support for self-sovereign virtual territories. The stack includes three modular, blockchain-based protocols: Nomos (consensus), Codex (storage), and Waku (messaging). Combined, they provide the technical foundation for cyber states, parallel societies, network states, or any borderless public institution based on voluntary … Read more
Lemniscap secures $70M to back early-stage Web3 startups
The new fund will back startups working on blockchain-based solutions, including zero-knowledge infrastructure and emerging Bitcoin ecosystems. Go to Source
ICP claims it’s achieved a first by hosting ‘fully onchain’ AI model
An AI company deployed OpenAI’s GPT-2 on the ICP blockchain aiming to test new ways to train, maintain and deploy AI models. Go to Source
Bitcoin holdings of publicly listed firms increased to $20B in one year: Data
A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset. Go to Source
Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances
Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the Insolvency, Restructuring and Dissolution Act to address users’ crypto balances. The move aims to provide a 30-day relief period for Wazirx to reorganize liabilities through a scheme of arrangement. The Singapore court will determine the duration of … Read more