Crypto News
VCs Show ‘Flight to Quality’ in Q2 Funding Report
PitchBook reports $2.7B in venture funding, up from Q1, but with less deal flow. It expects $12-14B for the year, up significantly on 2023’s numbers.Source link
SEC Charges NovaTech Founders in Alleged $650 Million Crypto Scheme
The regulator's action follows a similar lawsuit against the operation by the New York Attorney General’s office.Source link
How a Sports Brand Used Fake Celebs to Pump an ‘Insane’ Cryptocurrency
Sports supplements company Insane Labz allegedly paid trolls to impersonate MMA celebs Dana White, Nate Diaz, and Hasbulla and pump its token.Source link
Coinbase Urges SEC to ‘Abandon’ Its ‘Irrational’ DeFi Exchange Rule
The SEC’s move to regulate DEXs would make it functionally impossible for DeFi projects to exist in the United States, Coinbase wrote Monday.Source link
Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts
Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $1 billion milestone, whileSource link