Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data View full article
Month: October 2023
SEC Won’t Appeal Loss in Grayscale Case, Boosting the Odds GBTC Can Become a Bitcoin ETF
The decision, reported by Reuters, boosts the odds that Grayscale Investments will be able to turn its Grayscale Bitcoin Trust (GBTC) into a more investor-friendly…
Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data
ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and…
Tokenized RWA Platform Untangled Goes Live, Gets $13.5M Funding to Bring Private Credit On-Chain
Tokenized real-world asset (RWA) marketplace Untangled Finance went live Wednesday on the Celo network after securing a $13.5 million venture capital boost to bring tokenized…
Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny
The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company. View full article
Avalanche Social App Stars Arena Drained of $3M in AVAX After Hack
The newest viral application launched nearly a week ago and quickly gained a cult following. View full article
Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO
The so-called decentralized autonomous organization initially formed to focus on building products, but activist investors who showed up were more interested in the project’s treasury.…
A Better Way to Distribute Crypto Ecosystem Grants
Token project treasuries, foundations and grant programs are a necessary lifeline during the bear market. But this funding could be more fairly disbursed, Lunar Strategy’s…