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The Daily: Bitget and Foresight Ventures invest $30 million in TON blockchain, CME futures traders increase bitcoin shorts ahead of Fed decision and more

Bitget and Foresight Ventures invest in TON blockchain; CME futures traders short bitcoin amid Fed's decision; Google Cloud launches Ethereum RPC service; Monerium introduces euro-backed stablecoin.

theblock.co • 18/09/2024 - 17:16 PM

The Daily: Bitget and Foresight Ventures invest $30 million in TON blockchain, CME futures traders increase bitcoin shorts ahead of Fed decision and more

Bitget and Foresight Ventures invest $30M in TON, CME traders brace for bitcoin volatility, and Google Cloud launches Ethereum RPC service, along with stablecoin developments.

theblock.co • 18/09/2024 - 17:16 PM

'It’s cool to hate Ethereum right now. I bet this ends up looking silly,' Bitwise CIO says

Bitwise CIO Matt Hougan discusses Ethereum's challenges and potential, highlighting its established success despite competition and regulatory concerns, proposing it as a contrarian investment approach.

theblock.co • 18/09/2024 - 12:53 PM

Cypherpunk Holdings goes all in on Solana, rebrands as SOL Strategies

Cypherpunk Holdings rebrands as SOL Strategies, investing heavily in Solana's native token SOL, aiming to provide exposure to Solana without direct purchase amid rising interest in the ecosystem.

theblock.co • 12/09/2024 - 16:48 PM

Cypherpunk Holdings goes all in on Solana, rebrands as SOL Strategies

Cypherpunk Holdings has rebranded as SOL Strategies, focusing on acquiring and staking Solana tokens while drawing parallels to MicroStrategy's Bitcoin strategy amid rising Solana interest.

theblock.co • 12/09/2024 - 16:48 PM

Global crypto investment products record largest weekly outflows since March, totaling $726 million: CoinShares

Crypto funds saw net outflows of $726 million last week, driven by U.S. rate cut uncertainty, with the U.S. market being the most impacted and Europe showing resilience.

theblock.co • 09/09/2024 - 12:04 PM

Solana creator platform DRiP raises $8 million in seed round

DRiP raises $8 million in seed funding to enhance creator engagement on the Solana blockchain, launching a mobile app and expanding monetization tools for creators against traditional platforms.

theblock.co • 09/09/2024 - 12:00 PM

Solana creator platform DRiP raises $8 million in seed round

Solana-based NFT drop platform DRiP has raised an $8 million seed round led by NFX, Progression and Coinbase Ventures. The funds will be used to bring DRiP’s mobile app to market and expand the development of its creator tools.

theblock.co • 09/09/2024 - 12:00 PM

SOLANA

Uphold CEO calls memecoin explosion a troubling trend that 'devalues' crypto

Uphold CEO Simon McLoughlin critiques the excessive creation of memecoins, noting the launch of their curated Meme Basket for investing in selected tokens amidst concerns over the crypto market's integrity.

theblock.co • 04/09/2024 - 17:51 PM

Binance reveals details of upcoming Solana liquid staking token

Binance will launch a Solana staking product, BNSOL, enabling liquidity and rewards without locking assets, aiming to enhance its DeFi participation.

theblock.co • 03/09/2024 - 20:40 PM

Currency