Elon Musk’s Twitter buyout is going so poorly that banks had to issue pay cuts
The “hung” loans have led to bankers calling it the worst buyout since 2008. Go to Source
Investments
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Private transactions now dominate Ethereum order flow — report
Private orders consume more than 50% of gas used on Ethereum, according to Blocknative. 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
Tokenized RWAs are ’a $30 trillion opportunity’ — Polygon exec
High-net-worth individuals and private equity funds will drive adoption, said Colin Butler. Go to Source
Bitwise enters European market with acquisition of ETC Group
The acquisition adds nine European-listed crypto ETPs to Bitwise’s portfolio and raises its assets under management to over $4.5 billion. Go to Source
Crypto VCs see ‘big opportunities’ with L2 interoperability, but not AI
Cointelegraph spoke to VCs to find out which sectors they’re currently interested in, as investments increased in Q2. Go to Source
Polychain leads $6.7M investment in new Bitcoin-centric yield network Corn
Corn aims to unlock more of Bitcoin’s $1.1 trillion liquidity for DeFi applications. Go to Source
Strategic blockchain investments by HTX Ventures: A mid-year analysis
HTX Ventures’ 2024 Half-Year Investment Report reveals targeted investments in BTCFi, multichain infrastructure and user experience, which aim to unlock Bitcoin’s potential in DeFi and enhance blockchain interoperability. Go to Source
Franklin Templeton files S-1 for new crypto index ETF
Issuers are lining up for the next wave of cryptocurrency exchange-trade funds. Go to Source
Goldman Sachs, Capula, Avenir were biggest BTC ETF buyers in Q2 — CoinShares
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter. Go to Source
