Cryptography startup Fabric raises $33M for new data privacy chip
Blockchain Capital and 1kx co-led the Series A round that will back the development of a new computing chip focused on data privacy. Go to Source
Month: August 2024
Tron Triumphs as Cardano Fades—ADA Drops From Crypto’s Top 10
Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to hold its ground among the leading cryptocurrencies this year, and in the past 30 days alone, it has dropped 23% against the U.S. dollar. Once … Read more
Ethereum DApp volumes drop 33% in a week — Is more ETH price weakness ahead?
Ethereum’s dominance in decentralized application deposits compensates for the reduced onchain volumes, but what about ETH price? Go to Source
Solana ETF ‘still in play’ despite Cboe filing removal — VanEck exec
VanEck is still advocating for its Solana ETF with regulators, said Matthew Sigel. Go to Source
Moody’s, Elliptic join forces for enhanced VASP risk screening
The companies will combine their strengths to provide enhanced virtual asset service providers screening ability. Go to Source
Bitcoin Miner Greenidge Files Legal Complaint Against New York Regulator, Reports Q2 Earnings
Greenidge Generation Holdings Inc. has initiated legal action against the New York State Department of Environmental Conservation, challenging the denial of its air permit renewal. The company also reported its second-quarter financial results, highlighting cost reductions and ongoing business transformation. Greenidge Generation Challenges New York Permit Denial, Reports Q2 Performance Greenidge Generation Holdings Inc. filed … Read more
Bitcoin fund inflows offset largest SOL outflows on record: CoinShares
According to CoinShares’ weekly report, year-to-date flows for all digital asset investment vehicles topped $22 billion in August. Go to Source
Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?
Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop Go to Source
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 … Read more
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. Go to Source