Chainbound secures $4.6M led by Cyber Fund to accelerate Ethereum transactions with Bolt protocol. Notable investors include Maven 11 and Bankless Ventures. Bolt’s alpha version launched, mainnet expected end of 2024. Transactions confirm in under one second.
Semler Scientific ($SMLR) acquires 83 more BTC, boosting its total to 1,012 BTC worth $68M. Funded by operational cash and equity program, this move underscores rising institutional interest in Bitcoin.
New Cthulhu malware targets MacOS crypto wallets, stealing keys and personal data. Distributed via Malware-as-a-Service for $500/month on Telegram, it mimics legitimate software like CleanMyMac and GTA IV, posing a growing threat to digital assets.
“XRP Unleashed,” a documentary by Fruition Production, premieres on Amazon and Apple TV this November, bypassing traditional media channels. It includes extensive research and interviews with key crypto figures, although Ripple’s CEO declined participation.
Crypto fund inflows hit $533M amid market optimism. $BTC-based products lead with $543M in inflows, while $ETH sees $35.7M outflows. Potential Fed rate cuts and regional inflows in U.S., Hong Kong, and Switzerland boost investor interest.
$ETH co-founder Vitalik Buterin faces backlash for doubting DeFi’s role in driving crypto adoption. DeFi influencers argue it’s crucial to Ethereum’s $330B valuation. Buterin emphasizes sustainable decentralized apps and broader decentralization beyond finance.
Crypto trader nets $606K with $REDO, achieving 12x return amid Telegram CEO Pavel Durov’s arrest. Other gains include 35x on $TINU. Legal scrutiny casts uncertainty on $TON ecosystem, highlighting high-risk, high-reward potential in crypto markets.
Hong Kong’s SFC identifies “unsatisfactory practices” in 11 crypto exchanges applying for licenses, citing reliance on individual executives and weak cybersecurity. Non-compliant exchanges risk losing temporary licenses. $CRO is the only offshore exchange still in the race.
TRON founder @justinsun pledges $1M to a DAO supporting Telegram CEO Pavel Durov, detained in France over content moderation issues. High-profile figures like @elonmusk and @VitalikButerin rally with #FreePavel, highlighting digital freedom concerns in Europe.
Argentina’s Ministry of Education partners with @ETHKipu to introduce Ethereum and blockchain education in Buenos Aires high schools. Starting Aug. 27, students can join internships and a Solidity course. 30 educators will be trained for wider regional expansion.
Orderly Network to launch $ORDER token on Aug 26, 2024. Surpassing $80B in trading volume, it supports six major blockchains and collaborates with @GoogleCloud and @LayerZero_Labs. The “Road to the Order” campaign gamifies user engagement.
Buenos Aires incorporates blockchain and $ETH into high school curriculum starting August 27, 2024. The program includes a specialized Solidity course to develop Ethereum dApps, aiming to train 500 participants and 30 educators in blockchain and Web3.
Binance lists $EURI, a MiCA-regulated EURO stablecoin, with zero trading fees on EUR/EURI and EURI/USDT pairs starting August 28, 2024. EURI ensures transparency and security, boosting liquidity and market adoption in Europe. Withdrawals start August 29.
TRON’s $TRX Justin Sun pledges $1M to support Telegram founder @durov amid legal issues. Proposes FreePavel DAO. Crypto community shows strong support. Telegram asserts compliance with EU laws, emphasizing Durov’s transparency.
