Terraform Labs moves $62.81M in BTC amid final wind-down steps

On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to a new address (bc1q5) on Sept. 2. While the firm... Read more »

VC funding for crypto startups soars to $634M in August

Venture capital (VC) funds invested $634 million in crypto startups in August — up 15% from July, based on DefiLlama data. Projects focusing on blockchain infrastructure secured nearly $460 million in funding,... Read more »

Crypto ETFs account for more than half of all funds launched in the US this year

Crypto-related exchange-traded funds (ETFs) dominate year-to-date flows among the nearly 400 ETFs launched this year, as 13 out of 25 of these funds are indexed to Bitcoin (BTC) or Ethereum (ETH). The... Read more »

Restoring trust and equity in the digital age through decentralized AI

The following is a guest post by Jiahao Sun, the CEO of FLock.io. In recent years, the promise of AI has captivated our collective imagination – conjuring visions of a future where... Read more »

Meta warns of looming ‘quantum apocalypse’ for modern encryption, cryptography standards

Tech giant Meta is making efforts to prevent a “quantum apocalypse” that poses an impending threat to modern cybersecurity and encryption standards across industries — including the cryptography model used in blockchain... Read more »

Coinbase conducts its first AI-to-AI crypto transaction

Crypto exchange Coinbase witnessed its first crypto transaction between artificial intelligence (AI) bots on Aug 30, CEO Brian Armstrong announced in a post on X. He explained that one large language model... Read more »

X goes dark in Brazil as tensions between Musk and Judge escalate

Alexandre de Moraes, a Supreme Court judge, ordered the “immediate and complete suspension” of social media platform X in Brazil, the BBC reported on Aug 31. The judge directed the country’s telecom... Read more »

OpenAI mulls dropping profit restrictions ahead of $100 billion valuation push

OpenAI is considering significant changes to its business model as it gears up for a new investment round that could push its valuation beyond $100 billion, the Financial Times reported on Aug.... Read more »

Trump’s pro-Bitcoin stance helps secure 12-point lead over Harris, FDU poll finds

Former President Donald Trump’s engagement with the crypto community is significantly bolstering his chances to win the 2024 presidential race, according to a Fairleigh Dickinson University (FDU) poll released on Aug. 30.... Read more »

Bitcoin’s realized volatility in August reaches highest level in over a year

Onchain Highlights DEFINITION: Realized volatility is the standard deviation of returns from the mean return of a market. High values in realized volatility indicate a phase of high risk in that market. It... Read more »