According to The Data Nerd, 9 days ago, an address exchanged $148,000 for 13.18 million BUTTHOLE on SOL. After 3 days, he added 6.59 million tokens for liquidity, but has not sold any tokens yet. His unrealized profit is about $1.29 million and his return on investment is x87.
Dollar-denominated bitcoin trading is more concentrated in the U.S. session, with CME's bitcoin and ethereum futures hitting a record number of unpositioned squaring contracts!
Cadenza, a venture capital firm specializing in blockchain and artificial intelligence, announced the completion of $50 million in its early-stage AI venture capital fund. The new fund will focus on pre-seed and seed stage investments, with a focus on infrastructure and enterprise application fields. Cadenza's current portfolio in the Web3 space includes: Web3 infrastructure Validation Cloud, Malaysia Digital Asset Exchange Hata, Web3 API platform Uniblock, L1 blockchain Linera, crypto wallet ap...
The Blockchain Association, a lobby group focused on cryptocurrencies, announced that cryptocurrency firms have spent about $426 million fighting a lawsuit filed by Gary Gensler, chairperson of the Securities Exchange Commission. In the report, the Blockchain Association criticized the agency's "enforcement regulation" approach, which has affected the entire crypto industry. In addition to the cost of responding to complaints and cases, the Blockchain Association also pointed to the issue of une...
Axal, a startup focused on autonomous agency web development, announced the completion of a $2.50 million pre-seed funding round led by CMT Digital, with other participants including a16z Crypto Startup School, Escape Velocity, IDG Vietnam, and Artichoke Capital. Axal plans to use the funding to expand its team and launch its first product, Axal Autopilot, a self-driving agent-driven trading automation platform that provides users with personalized trading strategies, including price tracking, o...
Bitmain issued a statement, stating: Bitmain is focused on cryptocurrency mining machine business, Bitmain has no connection with the supply investigation incident reported by the media recently, and any news alleging that Bitmain is involved in the aforementioned incident is false. Bitmain reserves the right to pursue legal responsibility for media that publish and disseminate false information.
According to Onchain Lens monitoring, a trader bought 4.91 million GNONs two days ago with only 0.4 SOL ($61), then sold 1.20 million GNONs for 28.95 SOL ($4575), and transferred 100,000 GNONs to the Jupiter DCA Program contract. The current trader also holds 3.71 million GNONs, with a floating profit of 534,000 dollars, which means a staggering return on investment of 8,765 times.
Cypherpunk Holdings, a Canadian company specializing in blockchain investments, today announced a name change to "Sol Strategies" to reflect its new Solana-centric investment strategy. The shift includes pledging Solana and investing in projects and infrastructure for the agreement. The change of the company's legal name from "Cypherpunk Holdings Inc." to "Sol Strategies Inc." became effective on September 12, 2024 and was unanimously approved by the company's board of directors and shareholders...
The Block posted that in 2018 there were only about 50 funds focused primarily on cryptocurrency investments. Today, there are more than 1,150 globally. By comparison, there are about 4,000 registered hedge funds in the United States alone and about 30,000 globally. In terms of venture capital, cryptocurrencies raised more than $72 billion between 2018 and 2023, while general venture capital in the U.S. raised more than $600 billion during the same period. The balance remains heavily tilted towa...
Bistroo, a DePIN provider focused on food delivery and takeout, has announced the expansion from Ethereum to peaq, a 1-layer blockchain optimized for DePIN and machine RWA, designed to provide a Web3 alternative to Uber Eats and similar services. Bistroo's service fee is only 5%, eliminating Web2 intermediaries and reducing high fees. The platform offers a plan that waives service fees at a fixed monthly rate and includes user rewards. Bistroo has more than 100,000 users in the Netherlands and i...
Biptap, a privacy-focused fintech company, announced the completion of a $2 million Pre-Seed round of financing. The name of the investor has not been disclosed, but it is reported that it includes several Web3 decentralized investment funds, a travel service provider with a 2.50 million hotel network, a crypto company that once owned a MotoG racing team, and a former founder of a crypto investment fund. The new funds will be used to expand its business beyond Web3 to ensure that users can contr...
Brave Software, the privacy-focused browser maker that PitchBook estimates employs 191 people, has cut another 27 jobs across different departments. Brave is a free web browser with a focus on privacy. One of its main features is to block ads and trackers, while giving users the opportunity to opt in to receive certain ads in exchange for its native crypto token, the Basic Attention Token (BAT).
Arc Web3 Incubator completed a $20 million fundraising, focusing on driving innovation in the blockchain field. The new funds will provide support, resources, and push the development of decentralized technology for global Web3 enterprises. According to Arc, the lead investor is venture capital firm Arcane Group.
Gnosis Labs announced the establishment of the Gnosis AI division, focusing on the intersection of AI and Web3. Gnosis AI currently focuses on inter-agent payments and prediction markets, and has developed models such as trading agents and social agents. Gnosis AI's future focus remains on prediction markets, with the main goal of improving the accuracy of its trading agents.
On July 25th, Zilliqa announced a partnership with Brillion, a RWA-focused Web3 wallet. Brillion's B2B WaaS platform will serve as Zilliqa's wallet partner, with an initial focus on supporting the network's need for enterprise-grade RWA tokenization. The strategic partnership will also explore how Brillion's products complement the meta-universe initiative built into the Zilliqa ecosystem.