Orlando Bravo, CEO of Thoma Bravo, swears off crypto after a $130M loss in FTX. Thoma Bravo had led a $900M investment in FTX, which was valued at $18B before its collapse. The crypto crash in 2022 led to $8B in losses.
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.
Coinbase Intl. Exchange to list $IMX and $FLOW perpetual futures on Sept 12, aiming to meet growing DeFi demand and enhance investment options. Market reactions suggest potential price recovery, though sentiment remains cautious amid overall crypto downturn.
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.
Shiba Inu’s $SHIB unveils ShibDev portal on Shibarium’s Layer 2 blockchain, offering tools for developers like API key management and node access. Despite a 2% rise in SHIB price, market data suggests potential downside pressure.
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.
WazirX hacker launders $10M via Tornado Cash. Cyvers reports 5,000 ETH moved to a new wallet, mirroring Lazarus Group tactics. WazirX allows 66% INR token withdrawals amid restructuring and user discontent.
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.
Monochrome Asset Management seeks approval for an Ethereum ETF under ticker $IETH on Cboe Australia, aiming to provide regulated exposure for retail investors. This follows their successful Bitcoin ETF, $IBTC, highlighting Monochrome’s role in Australia’s crypto ETF market.
Monochrome applies for Ethereum ETF (IETH) listing on Cboe Australia, aiming to offer regulated access to Ethereum investments for retail investors. This follows their successful Bitcoin ETF launch, signaling growing crypto acceptance in traditional finance.
Yuga Labs reveals BluePrint initiatives to bolster the BAYC community, focusing on top-tier infrastructure, open ecosystem, and robust developer tools. ApeCoin ($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.
