Altcoins need ‘substantial bull market’ to avoid VC funding drought: Analyst

September 13, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

A “substantial bull market” is needed to avoid VC funds drying up after too much money was allocated to funds “clearly underperforming benchmarks,” a crypto analyst says.

Audius has retroactively distributed $8 million in governance tokens to musicians and listeners who have been using the platform. 147 Total views 1 Total shares The crypto-powered Spotify competitor Audius has retroactively distributed 50 million of its native AUDIO tokens to artists and listeners using the platform.The distribution came alongside the launch of the AUDIO…

Two Brazilian Banks Reopen Accounts of Local Crypto Exchange to Avoid Fines

Two major Brazilian banks have reopened the banking accounts of one of the local crypto exchanges experiencing banking issues recently, local crypto outlet Portal do Bitcoin reports Wednesday, Oct. 31.The preliminary decision to reopen accounts in major banks Banco do Brasil and Santander Brasil for local crypto exchange Bitcoin Max was granted by the Federal…

Ethereum prepped for 2025 rally as monthly Ether ETFs inflows double

The monthly record in ETF inflows was insufficient to lift Ether's price past the $3,500 resistance, which would trigger over $1 billion worth of leveraged short liquidations.

VeChain and SingularityNET team up on AI to fight climate change

Artificial intelligence firm SingularityNET and blockchain firm VeChain have become the latest firms to marry blockchain with artificial intelligence — this time, with the aim of cutting down carbon emissions. Over the last year, the crypto industry has seen an increasing amount of collaboration between blockchain and AI technology. On Aug. 24, VeChain — a…

Blockchain enables enterprise business models in the Metaverse

Enterprise blockchain has come a long way since its inception in 2017. Blockchain for enterprise use initially began as a technology built on private, permissioned networks, primarily used for supply chain management. As blockchain matured overtime, enterprises began to leverage public, permissionless networks like Ethereum to conduct business. Fast forward to 2021 — enterprises are now…

Argentina’s largest two banks to allow crypto trading

Argentina’s largest bank has embraced crypto and will allow its customers to begin purchasing four crypto assets including Bitcoin through their accounts at the bank. 348 Total views 50 Total shares Argentina’s largest and second-largest private banks, Banco Galicia and Brubank, have announced that they will allow customers to make crypto purchases.Bloomberg reported on May…

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