A recent report by CoinShares revealed that crypto investment products experienced $206 million in outflows last week, with Bitcoin and Ethereum accounting for the majority of the outflows, while altcoins like Litecoin and Chainlink saw substantial inflows during the same period.
Solana decentralized exchange aggregator Jupiter has acquired Ultimate Wallet, a self-custody crypto wallet firm, as part of its strategy to enhance mobile capabilities and attract millions of new users.
Two Securities and Exchange Commission lawyers resigned after facing potential termination following a federal judge’s sanctions and sharp rebuke of the regulator for “gross abuse” of power in a crypto case against Digital Licensing Inc. (DEBT Box).
Shiba Inu has raised $12 million by selling its unreleased TREAT token to non-U.S. venture capital investors, including Polygon Ventures, Mechanism Capital, and others, to develop a new privacy-focused Layer 3 blockchain built on its Shibarium Layer 2 blockchain.
Tether, the world’s leading stablecoin issuer, has issued $60 million worth of USDT on The Open Network (TON) since integrating with the blockchain on April 19th, expanding its reach and offering new options for users.
Bitcoin experienced a massive surge in fees after the launch of Bitcoin Runes, a protocol enabling fungible tokens on the blockchain.
Avail, a Web3 infrastructure layer built on Polygon, is airdropping 600 million of its native AVAIL tokens to users across various blockchain ecosystems, including developers, governance contributors, technical educators, rollup users, stakers, and other valuable contributors.
Victory Securities, a Hong Kong-based investment firm, has revealed its proposed fees for upcoming Bitcoin and Ethereum ETFs, even before the official list of approved issuers is published by the Hong Kong Securities and Futures Commission.
The adoption of Ethereum liquid restaking protocols like Lido and EigenLayer drove the decentralized finance (DeFi) total value locked to soar to $100 billion in the first quarter of 2024, igniting hopes for a potential “second DeFi Summer.”
While top altcoins Dogecoin and Solana struggle in the bearish crypto market, the new altcoin Rebel Satoshi Arcade, combining GameFi and NFTs, has sold nearly 80% of its presale tokens, showcasing strong investor interest and potential.
