Monthly Archives: August 2024

Sahil Arora is estimated to have netted around $3 million dollars this year for his efforts in launching memecoins with celebrities. Read More at https://cointelegraph.com/news/memecoin-mastermind-sahil-likely-made-3m-from-celeb-meta-zachxbt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto VC giant a16z claims the AI legislation will “burden startups because of its arbitrary and shifting thresholds.” Read More at https://cointelegraph.com/news/california-ai-bill-aimed-preventing-disasters-draws-ire-silicon-valley?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Increased crypto adoption and high treasury yields could push tokenized US Treasurys toward a $3 billion market cap by the end of 2024. Read More at https://cointelegraph.com/news/tokenized-us-treasurys-expected-to-surpass-3b-by-end-of-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ether’s current price doesn’t reflect the true performance of the network’s fundamentals in recent times, according to an investment manager. Read More at https://cointelegraph.com/news/ethereum-fundamentals-price-eth-cryptocurrency-onchain-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid. Read More at https://cointelegraph.com/news/iran-giving-24-dollars-snitch-on-illegal-crypto-mining?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,” according to Bitwise’s investment chief. Read More at https://cointelegraph.com/news/two-thirds-institutional-bitcoin-etf-holders-held-bought-more-q2?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

New rules from the FTC mean crypto influencers will face stiff fines for fake followers and likes, while celebrity testimonials are also in the firing line. Read More at https://cointelegraph.com/news/ftc-bans-influencers-faked-social-media-likes-views-reviews?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks. Read More at https://cointelegraph.com/news/federal-reserve-united-states-interest-rate-cuts-bitcoin-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

United States stablecoin giant Circle says tap to pay functionally for USDC will be coming “soon” to iPhones. Read More at https://cointelegraph.com/news/usdc-embrace-tap-and-go-payments-apple-opens-up-nfc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth. Read More at https://cointelegraph.com/news/defi-rises-again-as-aave-hits-new-ath-in-weekly-borrowers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound