Crypto news August 2, 2024

🔥 Featured news 🔥

🔹 Under pressure from the EU, Bybit will have to stop operations in France.

🔹 Manchester United and Tezos cooperate to launch a new Web3 soccer game.

🔹 Do Kwon's extradition to South Korea was carried out when the Montenegrin court rejected the United States' request.

🔹 Coinbase reports Q2 revenue of $1.4 billion. Transaction fee revenue decreased 27% compared to the previous quarter, transaction volume decreased 28% and subscription and services revenue increased 17%.

🔹 MicroStrategy announced it is holding a total of 226,500 bitcoins, with an average purchase price of $36,821, a purchase amount of $8.3 billion and a current value of $14.4 billion. MicroStrategy will raise another $2 billion to buy more bitcoin.

📊 On-chain Analytics: Tokens collected by Smart Money

1.$TAO 2. $PEPE 3. RLB 4.PRIME 5. $AAVE

💰 Fundraising

Particle Network

Amount: Not disclosedInvestors: Binance Labs Fund

Pichi Finance

Amount: $2.5M

Investors: Signum Capital, UOB Venture Management, Mantle Network, DWF Ventures, Wise3 Ventures, Genesis Block Ventures Capital (GBV), Acquire Fi, Ryze Labs, Contango Digital Assets, Genopets, Notch Ventures, One Block Capital Advisory, DCF God

Morpho

Amount: $50M

Investors: Ribbit Capital, Andreessen Horowitz (a16z crypto), Coinbase Ventures, Variant Fund, Pantera Capital, Brevan Howard Digital, BlockTower Capital, Kraken Ventures, Hack VC, IOSG Ventures, RockawayX, L1 Digital, Mirana Ventures, Cherry Ventures, Semantic Ventures , Fenbushi Capital, LeadBlock Partners, Robot Ventures