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Newswire > May, 2024
May, 2024

May, 2024

Crypto startups received $935 million from VC funds in April
April's VC investments in crypto startups totaled $935 million, with a focus on blockchain infrastructure and DeFi sectors. The post Crypto startups received $935 million from VC funds in April appear...
LayerZero demands sybil airdrop farmers to self-report
LayerZero has told sybil airdrop farmers to come forward or "receive nothing" by May 17. The post LayerZero demands sybil airdrop farmers to self-report appeared first on Crypto Briefing....
Solana to join Bitcoin and Ethereum as top crypto assets, $1.6 trillion asset manager predicts
Investment firm Franklin Templeton predicts Solana's rise as a top crypto asset, citing its strong ecosystem and recent growth in activity. The post Solana to join Bitcoin and Ethereum as top crypto a...
DOJ charges former Cred execs over $783M fraud and money laundering scheme
The DOJ has charged three former Cred executives, including its ex-CEO, over an alleged scheme that led to $783 million in customer crypto losses. The post DOJ charges former Cred execs over $783M fra...
Bitcoin hits $63,000 following first-time inflows into Grayscale Bitcoin Trust
Bitcoin surged to $63,000 after Grayscale's GBTC ETF recorded a turnaround with $63 million in new inflows. The post Bitcoin hits $63,000 following first-time inflows into Grayscale Bitcoin Trust appe...
Pyth Network, Aevo, Memecoin, and Starknet set for over $2 billion token unlock this month
May sees major token unlock event for crypto projects like Aevo, Pyth Network, Starknet with over $2 billion in tokens set to release. The post Pyth Network, Aevo, Memecoin, and Starknet set for over ...
Crypto startups see rapid growth through ‘fluid valuations’ and decentralized cap tables — Bloomberg
Crypto startups are turbocharging valuations through aggressive fundraising methods that reflect renewed crypto industry investor appetite despite looming economic uncertainty. The post Crypto startup...
Bitfinex CTO denies new allegations of user data hack, assures funds are secure
Bitfinex CTO debunks rumors of a major data breach, suggesting that the alleged hackers used high-profile claims to market their hacking tool. The post Bitfinex CTO denies new allegations of user data...
Token distribution tactics should focus on real value, not hype, says Uniswap founder
Uniswap's Hayden Adams critiques token distribution tactics, urging a focus on value and ethical practices in the crypto industry. The post Token distribution tactics should focus on real value, not h...
Visa reveals 90% of stablecoin transactions come from bots and big traders
A new Visa study finds over 90% of stablecoin transaction volumes are from bots and large-scale traders, not genuine users, suggesting stablecoins are still far from mainstream adoption. The post Visa...
Newswire > May, 2024

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