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.
Vitalik Buterin allocates all his crypto earnings, including L2 tokens, to the Ethereum ecosystem and charitable causes, prioritizing community support and transparency since 2018. This integrity-driven approach sets a precedent in the crypto space.
Crypto analyst ZachXBT criticizes many Layer 1 block explorers, calling for major improvements in functionality and user experience. Top-tier explorers include Blockchair for Bitcoin and OKLink for EVM chains, while Cosmos and Algorand explorers are deemed low-quality.
Balance raises $30M to innovate blockchain gaming with AI. Investors @a16z, @galaxyRTK, and @animocabrands back the platform to enhance infrastructure, expand the Web3 ecosystem, and support over 150 games for 4.2M users.
Over 30% of the top 100 AI products are newcomers, with creative tools dominating at 52%. ByteDance enters with three new apps, and ChatGPT leads in web and mobile. New “Aesthetics and Dating” category emerges with LooksMax AI and RIZZ.
Polkastarter V4 launched on Sep 5, 2024, with 200,000 active users. It features an updated interface, user profiles, social media registration, and gamification. The platform has funded 115 crypto startups, reinforcing its role in the Web3 ecosystem.
Mercuryo partners with $MA to launch the ‘Spend’ crypto debit card, supporting Ethereum, Solana, and more. Accepted at 90M+ locations, it integrates with Apple Pay and Google Pay, featuring low fees and seamless crypto wallet integration.
SSI secures $1 billion from top VCs to advance AI safety and innovation. This investment boosts SSI’s valuation to $5 billion and highlights their unique hiring focus on abilities over credentials. Transformative effects expected in tech sectors.
Yuga Labs reveals BluePrint initiatives to bolster the BAYC community, focusing on top-tier infrastructure, open ecosystem, and robust developer tools. ApeCoin ($APE) will govern the BAYC ecosystem. ApeChain, a layer-2 Ethereum solution, to launch soon.
Significant capital outflows hit U.S. Bitcoin and Ethereum ETFs, with $BTC ETFs losing $37.29M and $ETH ETFs losing $37.51M on Sep 4, 2024. Key funds like $GBTC and $ETHE were impacted, while Hong Kong’s market remained stable.
Trump-backed crypto project $WLFI allocates 70% of tokens to founders, developers, and large investors, sparking fairness concerns. Only 30% available for public sale; tokens locked indefinitely, impacting liquidity and accessibility. Buyers to be screened for U.S. sanctions compliance.
Bitcoin mining revenue hit a historic low of $43,600 per EH/s in August 2024, as per JPMorgan. Mining difficulty surged by 9%, and market cap of public miners fell by 15% to $20B. Miners are diversifying into AI tasks.
BoJ Governor Kazuo Ueda signals more rate hikes, impacting Asian stocks and crypto. July’s hike caused significant declines. Experts foresee another hike by end of 2024. U.S. Fed expected to cut rates in September 2024.
Arthur Hayes predicts cryptocurrency stagnation until late September due to Federal Reserve policies and U.S. Treasury liquidity interventions. Government spending driving inflation also impacts growth. Economic stabilization could lead to a market resurgence. Investors should monitor macroeconomic policies.
South Korea’s Financial Supervisory Service (FSS) will start auditing cryptocurrency exchanges from July 2024 under a new Investor Protection Law. Major platforms like Upbit and Bithumb face scrutiny, with severe penalties for violations over 5 billion KRW (~$3.7M).
