Celebrity memecoins highlight crypto’s influencer problem
Celebrity memecoins have become the latest crypto trend in 2024, with a slew of celebrity endorsements. Go to Source
Investments
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Telegram and crypto: Bitget launches $20M TON ecosystem fund
Bitget crypto exchange is the latest firm to boost the record-breaking TON ecosystem with a new $20 million fund. Go to Source
Riot seeks three Bitfarms board members, says it holds 14.9% stake
The mining firm said it intended to replace Bitfarms board members — including its interim CEO — with three people “completely independent” of both companies. Go to Source
Why are traders shorting Michael Saylor’s MicroStrategy?
Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it? Go to Source
AI computing protocol attracts $158M within a week after ‘fair launch’
Fair launch tokens could help the industry return to the true ethos of crypto, according to Arweave’s founder. Go to Source
MicroStrategy completes $800M note offering to buy more Bitcoin
MicroStrategy completes $800 million convertible note offering to acquire more Bitcoin and for “general corporate purposes.” Go to Source
VC Roundup: Investors double down on funding for crypto, blockchain startups
This edition of Cointelegraph’s VC roundup features Plural Energy, Everclear, Ava Protocol, GoPlus, and other startups. Go to Source
Moody’s assigns ‘A-bf’ rating for OpenEden’s tokenized fund
OpenEden’s TBILL received an ‘A-bf’ rating from Moody’s Ratings on June 19, as more T-Bills are going onchain. Go to Source
Bitcoin and Ether can “greatly improve” portfolio performance: BBVA
Bitcoin price has outperformed the returns from the S&P 500 more than threefold in 2024. Go to Source
Paradigm raises $850M for third crypto fund
Paradigm has been discussing its new crypto fund for the past few months as markets rebounded. Go to Source
