Bitcoin Gets Brief Boost After U.S. Employment Growth Revised Lower
Job growth for the 12-months ending in March 2024 was 818,000 lower than previously reported, according to a government report.
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Financial
Crypto Airdrops Ban U.S. Users, but Americans Are Claiming Tokens Anyway
Eigen Labs helped its employees access lucrative airdrops. Its U.S. employees appear to have helped themselves to tokens U.S. residents were banned from claiming.
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Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum’s Tokens as Securities
The SEC-registered crypto platform is expanding its custody operation beyond Ethereum’s ETH, and that means it would be holding UNI and ARB as securities.
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BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
ETHA holds over $860 million in net assets. Only Grayscale’s küçük ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined.
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Cipher’s Bitcoin Mining Business Remains Compelling, Canaccord Says
The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.
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‘Wartime CEO’: Urbit’s Founder Returns in Shakeup at Moonshot Software Project
“We’re here to fix this,” Curtis Yarvin says of the struggling endeavor to rebuild the entire internet computing stack from scratch.
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Story Protocol Developer Raises $80M Series B, Led by A16z, for Intellectual Property Chain
“We’re focused on solving a real sorun that impacts the creative industry, not just creating another technical tweak,” PIP Labs CEO SY Lee says.
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First Mover Americas: Bitcoin Holds Below $60K Before U.S. Jobs Data Revision
The latest price moves in crypto markets in context for Aug. 21, 2024.
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German Regulator Seizes 13 Crypto ATMS
The machines were operating without the required BaFin permission and posed money laundering risks, a BaFin statement said.
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Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt
The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company’s board before pursuing a takoever again.