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. Read More at https://cointelegraph.com/news/ton-ventures-40m-fund-crypto-projects?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Core Scientific drops 10% after $400 million convertible senior note offer
Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts. Read More at https://cointelegraph.com/news/core-scientific-drops-10-after-400-million-convertible-senior-note-offer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoin issuance could be key to the next Bitcoin rally: 10x Research
More than $2.5 billion has been issued by Tether and Circle over the past week, and 10x Research believes continued momentum could spark a Bitcoin rally. Read More at https://cointelegraph.com/news/stablecoin-issuance-could-be-key-bitcoin-next-rally-10x-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pump.fun daily revenue outpaces the next 24 protocols combined
Solana memecoin deployer pump.fun has generated more than $5.3 million in revenue in the last 24 hours, out-earning Ethereum, Solana, and Tron and everyone else. Read More at https://cointelegraph.com/news/pump-fun-daily-revenue-outpaces-the-next-24-protocols-combined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase teases 'cbBTC’ days after BitGo Wrapped Bitcoin controversy
Speculators think the post refers to Coinbase’s own wrapped Bitcoin product, which will potentially be launched on its layer-2 network Base. Read More at https://cointelegraph.com/news/coinbase-teases-cbbtc-after-bitgo-wrapped-bitcoin-controversy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ASX sued over prior statements about its now-abandoned blockchain project
The Australian Securities and Investments Commission has sued the stock exchange for alleged “misleading statements” it made over its abandoned blockchain upgrade plan. Read More at https://cointelegraph.com/news/asx-sued-over-statements-on-abandoned-blockchain-project?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum L2 ecosystem processes a record 12.4M transactions in a day
The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base. Read More at https://cointelegraph.com/news/ethereum-l2-ecosystem-processes-a-record-12-4-m-transactions-in-a-day?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Memecoin ‘retail mania’ could go the way of ICOs and NFTs, say execs
Memecoins are a great way to attract people to crypto, but the jury’s out on whether they’ll maintain their current momentum. Read More at https://cointelegraph.com/news/memecoin-retail-mania-could-go-way-ico-nft?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin sell pressure risk as $1.7B in dormant BTC moves over 2 days
The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, according to an onchain analyst. Read More at https://cointelegraph.com/news/bitcoin-sell-pressure-risk-as-1-7b-in-dormant-btc-moves-over-2-days?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Bitcoin ETFs ‘on track’ to top Satoshi’s BTC stack soon
United States Bitcoin ETFs have added around 37,510 BTC to their holdings each month on average and could soon surpass Satoshi Nakamoto’s estimated stash. Read More at https://cointelegraph.com/news/us-bitcoin-etfs-on-track-to-top-satoshi-s-btc-stack-soon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound