General category for all types of news related to the cryptocurrency world.
Bitlayer, a Bitcoin Layer 2 network, raised $11M in seed funding led by @FTI_US, ABCDE, and @FrameworkVC. The funds aim to boost performance, reduce transaction costs, and scale the Bitcoin ecosystem. TVL stands at $400M, reflecting strong trust. #Bitcoin #Update
Binance Labs has invested in Pluto Studio, the developer of Telegram-based Web3 game Catizen, to boost its game engine and onboard more developers. Catizen, launched in March, has 25M players on Telegram and 1.5M on-chain gamers. #Web3
99Bitcoins’ token (99BTC) raised over $2.5M in its presale. Launching on exchanges post-July 30, it rewards users for learning about crypto. Staking offers up to 685% APY. #Update #CryptoNews
AltLayer revises token vesting schedule before its $109M ALT unlock on July 25, 2024. Next unlock is on Jan 25, 2025, with a 2-year vesting for investors and 3 years for the team, boosting $ALT liquidity. #Update
Prediction markets like @Polymarket accurately forecasted Joe Biden’s withdrawal from the U.S. presidential race. Leveraging blockchain tech, these platforms provide reliable insights for investors and policymakers, showcasing the power of the ‘wisdom of the crowd.’ #Update
XRP lawyer John Deaton criticizes Senator Elizabeth Warren’s efforts to overturn the Supreme Court’s Chevron ruling, accusing her of an anti-crypto stance and colluding with SEC Chair Gary Gensler. Warren’s bill to restore federal regulatory powers faces slim chances in Congress. #CryptoRegulation
Solana ($SOL) jumps 33.78% in 30 days to $180.76, but analysts warn of a potential downturn. Rollblock ($RBLK) draws investors with its DeFi casino model, offering 30% weekly profits and predicting 800% surge. Currently priced at $0.017. #Update
Fairshake, a crypto super PAC, has raised $203M, surpassing major PACs. Backed by @coinbase, Ripple, and others, it’s shaping U.S. politics by opposing unfavorable regulations and supporting innovation. #CryptoPolitics #Update
Decentralized exchanges (DEXs) are growing in popularity, but their complex user experience is a barrier to mass adoption. Simplifying DeFi tools can help both new and experienced users. Notable advancements highlight the need for better UX. #Update #Crypto $LTC
Engage Raise launches Support Crypto on the Base network, allowing U.S. politicians like @GOPMajorityWhip and @RitchieTorres to accept crypto donations. Over 240 cryptocurrencies supported, including $BTC and $ETH. Ex-President Trump has raised $3M in crypto. #Update #CryptoPolitics
Crypto.news’ “Chart of the Week” series achieved an 85.71% trade success rate and a 75% prediction accuracy, yielding an 83.91% return on a $1,000 investment. Smart trading led to $839.11 gains. #Update #Crypto
Terraform Labs has informed creditors to submit crypto loss claims by Aug 21, 2024, to vote on the Chapter 11 Plan. Claims must be in USD, filed through Epiq’s website or mail. Missing the deadline forfeits vote rights. #CryptoUpdate
Crypto investors pumped $3.2B into ETFs over three weeks, with $1.35B last week. Bitcoin products led, absorbing $1.24B in four days. Ethereum ETFs are gaining traction as SEC approval looms. #Crypto #Update
Kamala Harris moves to secure the Democratic nomination after Joe Biden’s exit, with Barack Obama calling for an open contest. Harris’s unclear stance on crypto signals potential continuity with Biden’s regulatory approach. #Update #CryptoNews
