Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
Keith Gill’s enigmatic X post drove a 25% surge in $CHWY token prices and inspired new meme coins. Concurrently, $GME token prices spiked after a $2M GameStop share purchase by an anonymous investor, highlighting the influence of social media on markets.
VanEck will close its $EFUT Ethereum Futures ETF by Sept 16, 2024, shifting focus to a spot Ethereum ETP. Investors will receive cash distributions on Sept 23. The move highlights changing investor preferences towards direct cryptocurrency investments.
19 crypto projects raised $52.9M in early September, with Hypernative securing $16M for AI Web3 security and Treble Technologies raising $12.16M for sound simulation. Puffpaw’s $6M funding for its Vape-to-Earn initiative highlights blockchain’s health applications.
Bybit secures full regulatory approval from Kazakhstan’s AFSA, becoming the second crypto exchange after Binance to achieve this. This milestone enhances Bybit’s service offerings with advanced trading tools and institutional-level security for Kazakh users.
Russia employs cryptocurrencies to counter Western sanctions, with initiatives including BRICS collaborations and a potential gold-backed stablecoin with Iran. Despite blockchain transparency, small-scale evasion could still affect geopolitical stability, especially in Ukraine.
A dormant Bitcoin whale moved 35 BTC worth $1.99M after 10 years. Originally acquired at $618 per BTC, a $21,632 investment, the transfer fee was just $1.15. The move signals potential market shifts among long-term holders.
Japan’s top banks, including MUFG, SMBC, and Mizuho, launch Project Pax to improve cross-border payments using stablecoins in JPY, USD, and EUR. Leveraging Swift API and blockchain, the initiative aims for commercialization by 2025, enhancing speed and transparency.
Ethereum Foundation to release financial report amid community concerns. Annual expenditure: $100M. Holdings: $650M in $ETH. Fiat reserves to sustain operations for years. Sold 239,000 $ETH since 2021, capitalizing on price peaks. #CryptoNews
Singapore’s Appchain Day Summit will feature top Web3 projects like Cosmos and Solana, industry leaders, and major venture firms. The event focuses on appchains, driving discussions on future blockchain advancements and investment opportunities.
Ripple Co-Founder Chris Larsen and PayPal CEO Dan Schulman, along with 89 top executives, endorse Kamala Harris for President. Leaders from PepsiCo, Tesla, and AutoDesk highlight their support, signaling confidence in Harris’s business-friendly policies.
Significant capital outflows hit US $BTC and $ETH ETFs in early September, with $BTC ETFs losing $211.15M on Sep 5 and $ETH ETFs seeing a $152,720 outflow. Key funds like FBTC, BITB, and GBTC experienced notable losses.
Penpie protocol loses $27M in Ethereum and stablecoins; $197M Euler Finance hacker praises Penpie hacker for keeping the assets. Stolen funds partially laundered through Tornado Cash, highlighting urgent need for enhanced DeFi security measures.
Trump aims to make the US a global hub for crypto and AI by reducing regulatory barriers and boosting energy for AI projects. Elon Musk may lead a commission to enhance government efficiency. Tax cuts, housing reforms, and a new sovereign wealth fund are also promised.
Binance secures a full regulatory license from Kazakhstan’s AFSA, becoming the first fully regulated digital asset trading platform in the country. The company plans to hire 1,000 more employees by year-end to support its expanded services.
