Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant
Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.
Blockchain
Protocol Village: Credbull Raises $5.2M, Aave Comes to ZKSync Era
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 22-28.
Protocol Village: Wormhole Rolls Out ‘Era3’ Roadmap, XION Plans Token
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024.
Australia’s Securities Regulator Sues ASX for Misleading Statements About Blockchain Project
Australia’s Securities and Investment Commission (ASIC) has sued Australia’s largest market operator, ASX Limited, for allegedly making misleading statements about how its blockchain project was progressing to replace its aged Clearing House Electronic Subregister System (CHESS) before revealing it was failing, it announced Wednesday.
Crypto Project Essential Raises $11M for ‘Declarative, Intent-Based’ Blockchain
The investment was led by Archetype and included contributions from IOSG, Spartan, Amber Group and Big Brain Holdings.
Canto Blockchain Suffers Two-Day Outage Amid Consensus Issue
Layer-1 blockchain Canto has been offline since Saturday following a “consensus issue.” The CANTO token initially dropped by 21% before recovering over the course of the weekend.
Protocol Village: Greyscale AI Goes Live on Casper, Cubist Adds Key Management Support for Bitcoin
Protocol Village is CoinDesk’s living column chronicling blockchain tech project updates (CoinDesk)
Ether Slides 20% as Trading Firm Moves $46M in ETH
A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.
Protocol Village: Arthur Hayes Releases NFT Collection ‘Airheads’ on Bitcoin Ordinals
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.
Bitcoin Risk-Reward Remains Compelling Even After Price Surges 100% in a Year
Long-term holders are motivated to hold at bitcoin’s going market rate, implying an attractive risk-reward for existing or potential investors, according to the “reserve risk” indicator.