Month: August 2024
Crypto Lending Firm Morpho Bags $50M in Funding Round Led by Ribbit Capital
The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.
CoinDesk 20 Performance Update: ICP and RNDR Lead Losses as Index Slips 2.2%
ICP dropped by 5.3% and RNDR fell by 4.1% in overnight trading.
Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom
MetaDAO, a Solana experiment in governance by “futarchy,” raised a total of $2.2 million to…
Crypto Lender Ledn Handed Out $1.16B Worth of Loans in First Half of 2024
The platform witnessed a 29.8% jump in retail lending between the first and second quarters.
CrowdStrike accused of defrauding investors in class action lawsuit
Company says it will vigorously defend claim by pension fund that its stock price was…
How will Bank of England interest rate cut affect my finances?
From mortgages to savings and from loans to credit cards, we look at impact of…
First Mover Americas: Crypto Markets Reel on Geopolitical Risk
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 1…
Bitcoin Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again
Bitcoin’s Bollinger bandwidth has narrowed to levels that have historically preceded volatility explosions.
Ripple to Allocate $10M to Tokenized U.S. Treasury Bills on XRP Ledger
This is part of a larger fund that Ripple will allocate to tokenized T-bills provided…
Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge
The company’s loss per share doubled to $0.32.