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.
Solayer raises $12M led by Polychain Capital, reaching an $80M valuation. Plans include expanding the team, integrating new protocols, and launching a native token to enhance Solana’s security and efficiency. @Solana #blockchain #crypto
Donald Trump unveils his fourth NFT collection, priced at $99 each, featuring unique depictions of Trump. Collectors can earn rewards like autographed sneakers and suit pieces, with premium packages costing $24,750 offering exclusive meetings with Trump in Florida.
Binance freezes Palestinian funds at IDF request, sparking crypto community concerns. All appeals denied, citing legal orders. Fears grow for users in Lebanon and Syria. Despite controversy, Binance plans to hire 1,000 by end of 2024.
Binance urges US intervention after Nigerian detention of executive Tigran Gambaryan. Held over six months without legal or medical access, says CEO Richard Teng. Nigerian authorities dispute claims. Resolution may impact global crypto regulatory practices.
Abra settles SEC allegations of unlicensed operations. $82.1M already paid to U.S. customers, with future fines pending court decision. Highlights the importance of regulatory compliance in the crypto industry. #Crypto #SEC
Hilbert Group partners with @XapoBank to launch a $200M Bitcoin hedge fund in September 2024. Investors can earn Bitcoin returns through structured credit deals. Fees: 2% management, 20% performance. This signals growing institutional interest in cryptocurrency.
Space and Time secures $20M in Series A funding, bringing total investments to $50M. Leading investors include Framework Ventures and Lightspeed Faction. The company aims to merge AI and blockchain for better data transparency and verification, emphasizes CEO Nate Holiday.
Crypto Wealth Surges: 172,300 new millionaires as market rebounds. Global crypto market cap hits $2.3T, driven by $BTC and $ETH ETFs. Singapore, Hong Kong, and UAE lead favorable investment conditions. Six new billionaires emerge, primarily from Bitcoin.
Bitcoin mining is seeing a wave of mergers and acquisitions, with $SDIG merging with $BITF and $RIOT planning to acquire $BITF. Block’s new mining chip could decentralize the industry, making it more accessible to smaller players.
SEC charges Jonathan and Tanner Adams in $60M crypto Ponzi scheme. Over 80 investors defrauded with false promises of 13.5% monthly returns. Funds diverted to luxury purchases and real estate. SEC seeks confiscation and penalties.
NBU sets a 150,000 UAH limit on P2P transfers starting Oct 1, 2024, for six months to curb illicit activities. The cap affects outgoing transfers between individual accounts at different banks, with minimal disruption for most users.
Celsius distributes $2.5 billion to 251,000 creditors amid bankruptcy resolution. This payout covers two-thirds of clients, but 121,000 creditors still await funds, mainly small claims. Future resolutions may involve complex legal disputes and innovative strategies.
“UAE invests $500M in AI, blockchain via Hodler Investments & Gewan Holding’s DEI fund, targeting early-stage startups in energy, AI, and decentralized infrastructure, aiming to drive innovation and digital economy growth. @HodlerInvest @GewanHolding”
Tokenized Treasury Funds’ market cap doubled to $2.03B in five months, with TVL hitting $11.67B by Aug 27. $BLK’s USD Institutional Digital Liquidity Fund ($BUIDL) drove growth with $503M in assets in six weeks. @Franklin Templeton also saw gains.
