Vessel secures $10M in seed funding led by Sequoia Capital to advance DeFi trading with Zero-Knowledge Proof solutions, integrating CEX efficiency and DEX transparency. $VESSEL aims to enhance security, liquidity, and scalability in cryptocurrency transactions. #DeFi #Crypto
Breaking: Ripple’s SEC lawsuit concludes with $125M fine. Judge Torres rules retail XRP sales did not breach securities laws, boosting prospects for an $XRP ETF. Analysts optimistic despite delays. Brazil’s Solana ETF approval sets global precedent. #CryptoRegulation #Update
Breaking: Wells Fargo to offer Bitcoin ETFs, following $MS’s lead. Despite SEC concerns, this move signals growing institutional acceptance of digital assets. #Bitcoin #Update
New: DAWN secures $18M from DragonFly Capital, Wintermute Ventures, and CMT Digital to develop a decentralized internet using Solana’s blockchain. Aims to eliminate centralized providers with “proof of bandwidth” tech. #Blockchain #Update
Breaking: Japan’s FSA shows caution on Bitcoin ETF approvals. Commissioner Hideki Ito cites concerns over crypto stability and investor protection. This hesitance reflects past security breaches and market volatility. $BTC #CryptoRegulation #Update
Breaking: DWF Labs CEO Andrei Grachev announces investment in a new meme coin project with multi-chain capabilities. Project name and investment amount are currently undisclosed. Previous investments include $LADYS and $FLOKI. #Crypto #Update
Breaking: BlackRock’s $ETHA ETF nets over $108M in inflows amid Nasdaq’s options proposal. Significant $57M influx on ‘Crypto Black Monday.’ Nasdaq seeks SEC approval for ETHA options, boosting crypto market integration. #Ethereum #Update
Zoth raises $4M to enhance its Real-World Asset ecosystem, including $100M in liquid bonds. Investors: Fat Cat Ventures, GemHead Capital, and Foundership Ventures. ZothFi offers stablecoin solutions on Ethereum and Polygon. #Update #CryptoNews
Morgan Stanley will offer access to two spot Bitcoin ETFs to clients with over $1.5M in assets starting August 7, 2024, highlighting growing institutional interest in Bitcoin ETFs. This move could stabilize the volatile market. #CryptoNews
Investors criticize the sudden shutdown of the ZKX project, including @HashKeyCapital and @AmberGroup_io, for lack of transparency. $ZKX token value plunges 99%, raising rug pull concerns. Investors call for better protection in crypto. #CryptoNews
In July 2024, Web3 and blockchain projects raised $1.17B, led by @iris_energy with $413.4M. Key investments: Alps Blockchain $113M, Skild AI $300M. This surge highlights blockchain and AI’s growing influence. #Update #Blockchain #AI
NBA Hall of Famer @ScottiePippen recommits to his Ethereum-based BALL project despite backlash. Crypto sleuth ZachXBT links the project’s deployer address to past scams, and insiders control 15% of BALL’s supply. #Update #CryptoNews
“Morgan Stanley launches Bitcoin ETF for qualified clients, marking Wall Street’s first major entry into crypto ETFs. Eligibility: $1.5M+ net worth, aggressive risk tolerance. #Bitcoin #Update $MS”
On August 1, 2024, Bitcoin ETFs gained $50.64M while Ethereum ETFs saw $26.75M inflows, showing rising investor confidence. Grayscale’s Bitcoin Mini Trust led with $191.13M. However, Grayscale Ethereum Trust faced $77.95M outflows. #CryptoUpdate $BTC $ETH
