Lemniscap secures $70M to fund early-stage Web3 projects, focusing on zero-knowledge proof tech and DePIN. Averaging $1M-$2M per investment, the fund, backed by @AccoladePartners, aims to drive innovation in the blockchain ecosystem.
OpenSea ($OPSE) faces potential SEC lawsuit over NFT classification as securities. CEO Devin Finzer disputes this, emphasizing NFTs as creative assets. OpenSea sets aside $5M to support NFT creators amid rising regulatory challenges.
Sony ($SONY) launches Minato testnet for its Ethereum Layer-2 solution, Soneium, boosting stock price. The testnet, developed with Startale, enables high-volume app testing. Key partners like Astar Network and Chainlink may see positive price movements.
TOKEN2049 in Singapore on Sep 18-19 will gather 20,000 attendees from 150+ countries. Hear from 200+ speakers like Arthur Hayes and Richard Teng, explore 500+ VR and AI activities, and witness a Web3 startup competition.
Bitcoin’s selloff in Asia drops $BTC below $58,000, triggering $320M in liquidations. Market cap falls to $2.06T amid macro uncertainties. Binance denies asset seizure claims. Watch for potential rebound if Bitcoin surpasses $63,000.
AI tokens slump 5% as $NVDA stock surges to $128.3 ahead of earnings report. Broader crypto market dips, with Bitcoin and Ethereum down 6% and 10%, respectively. Market cap for AI tokens now at $23.9 billion, a 6% decrease.
Future of Bitcoin 2024 Conference in Antwerp: Key figures like @TuurDemeester and @lopp to speak. With panels, workshops, and networking, this pivotal event on Oct 5, 2024, aims to boost Belgium’s crypto industry, despite lacking local exchanges.
Ethereum Foundation strategically sold 239,000 $ETH ($589.1M) since Jan 2021, timed during price peaks. Last major sale of 35,000 $ETH ($86.2M) was on Aug 23, 2024. Current holdings: 273,542 $ETH ($674.2M). Market impact ongoing.
Massive support for Telegram’s Pavel Durov after controversial arrest: Over 2M signatures demand his release, citing freedom of expression. High-profile figures like @elonmusk and @VitalikButerin back Durov. Calls for intervention from EU, UN intensify.
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 expands trading options with new pairs for $DOGS, $RARE, $PEPE, and $SOL. Despite the market downturn, the launch of Spot Algo orders aims to enhance user trading strategies. ?? #Binance #CryptoNews
Robinhood’s wallet now supports $SOL, enabling users to manage Solana tokens directly on the blockchain. This follows strategic acquisitions and licensing expansions. $SOL price surged 7.53% this week, trading at $153.90. Users can self-custody SOL tokens.
Fed rate cuts may weaken the U.S. Dollar, hitting a 13-year low against the Swiss franc. Peter Schiff criticizes the move, while Bitcoin ($BTC) could surge as a hedge against inflation and centralized financial instability.
