August, 2024

August, 2024

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....

Sahara AI secures $43M to develop collaborative, decentralized AI platform
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....

Revolut and Ledger wallet enable new crypto rails in EEA
Ledger, a major hardware wallet company, has partnered with Revolut to enable crypto trading on its self-custodial wallets in certain EEA countries....

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....

Exodus wallet posts 80% rise in Q2 revenue with $9.6M in losses
Exodus’ operating revenue in Q2 2024 was primarily driven by the wallet’s exchange aggregation service, which netted $19.9 million....

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. ...

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....

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....

Ex-TON Foundation execs launch $40M TON Ventures fund
The Open Network Ventures, founded by former TON Foundation leaders, has launched a $40 million fund to back early-stage crypto projects within the TON ecosystem....

Tether crypto exchanges balance hits record high as Treasury prints $1B USDT
If the Fed signals a rate cut, as CME data strongly suggests, crypto traders may quickly deploy their stablecoin reserves to drive a market rally....

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