Category: breaking news


  • Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrockโ€™s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings. Meanwhile, hedge funds are taking a more aggressive stance in the…

  • Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations to improve the security and efficiency of defi protocols. Chaos…

  • Binance, the largest crypto exchange, has finally reached a settlement with Brazilian regulators for $1.76 million over unlicenced derivatives trading allegations. This comes after an investigation into the exchange, which lasted a year regarding its activities in Brazil. Binanceโ€™s Derivatives Trading Allegations The Brazilian Securities and Exchange Commission (CVM) asked Binance to halt its derivatives…

  • A recent study by Cyber Metals, a JM Bullion company, analyzed the sentiment, vocabulary, and profanity within popular investment subreddits on Reddit, uncovering distinct trends in how different communities discuss stocks, crypto assets, and precious metals. The findings highlight the unique culture of each subreddit, reflecting the diverse moods and attitudes of online investors. Reddit…

  • Bitwise reports that U.S.-based institutional investors continue to demonstrate strong support for Bitcoin through spot ETFs, with around 66% either maintaining or increasing their holdings. This trend comes amidst market volatility and declining prices during Q2. Surge in Institutional Filings Bitwise’s chief investment officer, Matt Hougan, highlighted this trend in an August 15 post on…

  • Vice President Kamala Harris, according to several reports, has outlined one of her key economic strategies if she wins the presidency in 2024โ€”price controls. Her campaign is advocating for what they describe as the “first-ever federal ban” on food price increases. Despite the price control failures seen in countries like Venezuela, Bolivia, and Argentina, Harris’s…

  • Bitcoin’s price has been crashing in the past 24 hours, charting a decline of around 3.6% on the day. This brings BTC’s weekly losses to above 4%, as the cryptocurrency is currently dipping below $57,000. Source: TradingView Interestingly enough, the stock market is experiencing a considerable uptick during the same period. The S&P 500 is…

  • Chainlink has expanded its offerings on the Base blockchain by launching its Data Streams and Verifiable Random Function (VRF) services. This development ensures that the full suite of Chainlink products is now accessible to developers using Base, a layer-two (L2) blockchain built on Ethereum. Chainlink Expands Services on Base Blockchain The recent integration of Chainlink’s…

  • The State of Wisconsin Investment Board (SWIB) has announced increasing its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) by 447,651 shares. The latest addition brings its total to over 2.89 million as of June 30, according to a recent SEC filing. SWIB Expands Bitcoin Exposure SWIB, an independent agency handling assets for Wisconsin’s retirement and…

  • Unstoppable Domains has achieved accreditation from the Internet Corporation for Assigned Names and Numbers (ICANN), marking its entry as a significant onchain player in the broader domain industry. The accreditation positions the company as the largest ICANN-accredited registrar in the Web3 sector. ICANN Accredits Unstoppable Domains as Largest Web3 Registrar Unstoppable Domains, known for its…