Crypto News - August 8, 2024

🔥 Highlights 🔥

🔹 Grayscale launches new investment fund products for $SUI and Bittensor.

🔹 The U.S. Democratic Party has launched the "Crypto for Harris" campaign, featuring Mark Cuban, aiming to attract American voters who own digital assets and showcase the Democratic Party's stance on promoting the blockchain and crypto industry.

🔹 Michael Saylor has personally accumulated around $1 billion in crypto. Four years ago, Saylor revealed that he owns 17,732 bitcoins, has never sold them, and stated that he will continue to buy more.

🔹 Ripple violated securities laws in 1,278 institutional transactions and was fined $125 million, significantly less than the $2 billion the SEC demanded.

🔹 Morgan Stanley advisors are officially allowed to offer Bitcoin ETFs to clients, marking the first time in history for a major bank.



📊 On-chain Analytics: Tokens Accumulated by Smart Money

1.$PEPE 2. RLB 3. $TAO 4.ETH+ 5. NEIRO


💰 Fundrasing

1️⃣ Khalani Network

Amount: $2.5M
Investors: Ethereal Ventures, Nascent, Maelstrom, Figment Capital, Nick White, Arjun Bhuptani

2️⃣ Andrena

Amount: $18M
Investors: Dragonfly Capital, CMT Digital, Castle Island Ventures, Wintermute, 6th Man Ventures (6MV), ParaFi Capital

3️⃣ Solayer

Amount: Not disclosed

Investors: Binance Labs Fund

4️⃣ Blockscout

Amount: $3M
Investors: 1kx, Primitive, Gnosis DAO, Alex Svanevik, Kartik Talwar, Anton Bukov, Stefan George


👉 See more at: vinablockchain.com