The funding round attracted a mix of familiar faces and new backers, with participants including F-Prime Capital, Slow Ventures and Spartan Capital, alongside larger investors like Lightspeed Venture Partners, Galaxy Ventures and PayPal Ventures. Chaos Labs was also backed by angel investors such as Solana’s Anatoly Yakovenko and Phantom’s Francesco Agosti. Source
“Latin America has the highest preference for centralized exchanges amongst crypto users in the world. While this is a sign of the industry’s growth in the region, it means these exchanges are increasingly becoming the targets for hacks and scams,” said Digby Try, senior vice president at Coincover, in a statement. Source
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Bitcoin price has moved sideways this week even as American stocks continued their post-Black Monday crash rally. Bitcoin (BTC), the biggest cryptocurrency in the industry, has been stuck in a narrow range between $58,000 and $60,000 this week. Bitcoin has had positive headlines In contrast, the Dow Jones index has risen for three consecutive days and is just 2.5% below its all-time high. The Nasdaq 100 and S&P 500 indices have also recovered, while the US dollar index has retreated. Bitcoin has remained stagnant even as more large American companies…
Helium token suffered a reversal on Aug. 15 amid profit-taking and worsening sentiment in the crypto industry. The Helium (HNT) crypto price retreated to $6.50, down by over 13% from its highest point this week, indicating it has moved into a local correction. HNT is up by 126% from August low Despite its pullback, HNT remains one of the best-performing cryptocurrencies since Aug. 5, when most tokens retreated. It has surged by over 126% from its lowest point this month, pushing its market cap to over $1 billion. Helium’s retreat…
Despite the muted performance of Bitcoin in recent months, the 13-F filings for the spot exchange-traded funds (ETFs) paint a bullish picture for the BTC price. Bitwise Chief Investment Officer (CIO) Matt Hougan has shared a recap of the three most interesting takeaways from the Q2 filings via X. His findings underscore a growing and sustained institutional interest in Bitcoin, pointing towards an bullish outlook. #1 Increased Institutional Bitcoin Adoption Hougan highlights an impressive rise in institutional engagement with Bitcoin ETFs during the second quarter of the year. He reported,…
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot. Bitcoin Miners Face a Hard […] Original
As the cryptocurrency market continues to evolve, a notable trend is emerging: Ethereum (ETH) whales are increasingly focusing their attention on a new and exciting player in the crypto space—Mpeppe (MPEPE). This gambling-focused memecoin, built on the Ethereum (ETH) blockchain, is gaining traction and capturing the interest of major investors. Here’s an in-depth look at why Ethereum (ETH) whales are turning their gaze toward Mpeppe (MPEPE) and what this means for the broader market. Ethereum Whales’ New Investment Focal Point: Mpeppe (MPEPE) Ethereum (ETH) whales, known for their significant market…
The cryptocurrency market is no stranger to volatility, and recent weeks have seen significant fluctuations in the value of many digital assets. Among the notable movements is the sharp decline in Dogecoin (DOGE) prices, which has triggered a market correction affecting the broader memecoin sector. Despite these turbulent conditions, Mpeppe (MPEPE) has demonstrated remarkable resilience, emerging as a standout player in these challenging times. Here’s an in-depth look at the current situation and why Mpeppe (MPEPE) is holding strong amidst the chaos. The Plummet of Dogecoin (DOGE): A Market Overview…
News of a new rival gaining traction among Dogecoin (DOGE) holders is making waves. The spotlight is on Mpeppe (MPEPE), a rising memecoin that’s drawing significant interest for its potential to deliver impressive returns. As the cryptocurrency landscape continues to shift, here’s why Mpeppe (MPEPE) is becoming the talk of the Dogecoin (DOGE) community and how it aims to outshine its competition. A New Contender in the Memecoin Arena Dogecoin (DOGE) Supporters Eye Mpeppe (MPEPE) for Explosive Gains Dogecoin (DOGE) has long held its ground as a leading memecoin, celebrated…