Crypto News - August 7, 2024

🔥 Highlights

🔹 Ronin Bridge halted after suffering a $10 million attack.

🔹 Arthur Hayes predicts a Bitcoin price surge amid global currency changes. The observable effect is how Bitcoin correlates with the dollar-yen pair.

🔹 Diego Oliva resigns as CEO of Starknet Foundation.

🔹 Nasdaq and BlackRock plan to list and trade options for the Ethereum spot exchange-traded fund. The SEC's final decision on this proposal is expected in early April 2025.

🔹 Ethereum Core Developer Péter Szilágyi: "All cryptocurrency has achieved is a massive transfer of value, but so far, I haven't seen any value being created."

📊 On-chain Analytics: Tokens Accumulated by Smart Money

1.$TAO O 2. BANANA 3. NEIRO 4.TURBO 5. $ENS

💰 Fundrasing

Zoth

Amount: $4M

Investors: Taisu Ventures, G20 Group, DCI Capital (Dutch Crypto Investors), Gydra Capital, XRPL Japan, Korea Fund

Cartridge

Amount: $7.5m

Investors: BITKRAFT Ventures, Starkware, Fabric Ventures, Dune Ventures, Primitive, Ergodic Capital

Curio

Amount: $5.7M

Investors: Bain Capital Crypto, SevenX Ventures, OKX Ventures

Elmnts

Amount: $2M

Investors: Graph Ventures, Foundation Capital, B+J Studios, Asymmetric Fund, Anagram, Raj Gokal, Anatoly Yakovenko, Austin Federa, Autonomy Capital, MonkeVentures

See more: vinablockchain.com