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August 2, 2024
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Published by Victoria Kyle at August 2, 2024
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Suno Defends Use of Copyrighted Music for AI Training Amid RIAA Lawsuit

In a recent court filing, music generation startup Suno has acknowledged using copyrighted songs to train its artificial intelligence models. The company, however, defends this practice […]
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August 2, 2024
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Published by Victoria Kyle at August 2, 2024
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Positive Inflows into U.S. Ether ETFs Amid Grayscale Trust Outflows

Despite the ongoing outflows from the Grayscale Ethereum Trust (ETHE), the U.S. spot Ether exchange-traded funds (ETFs) have experienced a positive turnaround in net inflows. On […]
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August 2, 2024
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Published by Victoria Kyle at August 2, 2024
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MicroStrategy Buys Additional 12,222 Bitcoin, Posts Larger-than-Expected Losses

Business intelligence firm MicroStrategy has significantly increased its Bitcoin holdings by purchasing an additional 12,222 BTC for $805 million in Q2 2024. This latest acquisition brings […]
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August 2, 2024
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Published by Victoria Kyle at August 2, 2024
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Kujira Faces Challenges and Proposes New Solutions Amid Market Instability

Kujira, a decentralized finance (DeFi) platform, recently encountered significant turbulence after allocating operational funds to boost liquidity and activity within its ecosystem. This strategy was met […]
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August 2, 2024
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Published by Victoria Kyle at August 2, 2024
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Ethena Labs’ Synthetic Dollar Set to Transform Trading on Bybit

Ethena Labs is making waves in the cryptocurrency world with its synthetic dollar, USDe, which is set to launch as margin collateral on the popular cryptocurrency […]
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August 2, 2024
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Published by Victoria Kyle at August 2, 2024
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Coinbase Reports Strong Q2 Results and Regulatory Progress, Shares Rise After Hours

Coinbase experienced a notable rise in its share price, up 3.2% after hours, following the release of its Q2 financial results. The crypto exchange reported revenue […]
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August 2, 2024
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Published by Victoria Kyle at August 2, 2024
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Coinbase Legal Chief Denies Violations in $25 Million Super PAC Donation Controversy

Coinbase’s chief legal officer, Paul Grewal, has firmly denied allegations that the crypto exchange breached campaign finance laws with its $25 million donation to the Fairshake […]
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August 2, 2024
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Published by Victoria Kyle at August 2, 2024
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Block Inc. Reports Q2 2024 Earnings: 9% Bitcoin Revenue Growth and Strong Financial Performance

Block Inc., the payment conglomerate led by Jack Dorsey, has reported a robust performance for Q2 2024, showcasing a 9% increase in Bitcoin revenue compared to […]
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August 2, 2024
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Published by Victoria Kyle at August 2, 2024
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Bitfarms Sees Significant Earnings Boost After Fleet Upgrades

Bitcoin mining company Bitfarms has reported a substantial 34% increase in its monthly earnings, driven by a significant upgrade and expansion of its mining fleet. In […]
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August 1, 2024
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Published by Victoria Kyle at August 1, 2024
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The Rollercoaster of Memecoins: From Massive Gains to Market Declines

On August 1, blockchain analytics platform Lookonchain spotlighted an impressive trade involving a Solana-based memecoin known as “CTO.” A trader managed to amplify their initial investment […]
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