Cointime

Cointime

Download App
iOS & Android

Crypto Evening Briefing: Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million

Cointime Official

Top Stories

India’s ED Takes a $115.5 Million Dig at the Crypto Market

The Enforcement Directorate of India has taken a step to seize $115.5 million in the crypto sphere under the speculation of money laundering cases. A few crypto ventures may have been spooked, but the measure ensures that the interests of investors and crypto platforms are safe at every step.

Reuters Report That Any Bank Bidding for Signature “Must Give Up All Crypto Business”

The U.S. Federal Deposit Insurance Corp (FDIC) has started requesting bids from banks interested in acquiring failed lenders Silicon Valley Bank and Signature Bank — but whoever bids on Signature cannot have any ties to the crypto industry, according to Reuters.

Europol Cracks Down on Another Coin Mixer, Seizes $47M in Bitcoin

In an operation conducted by German and US authorities, and backed by the European Union Agency for Law Enforcement Cooperation (Europol), police seized four servers, about 1909.4 Bitcoins in a series of 55 transactions (nearly $47 million), and 7 TB of data from the crypto mixing service for its alleged involvement in money laundering activities.

OpenAI Partners With Payment Firm Stripe to Monetize ChatGPT

OpenAI will use Stripe Inc. to take payments and subscriptions for its artificial intelligence tools ChatGPT and Dall-E, which it’s trying to monetize after capturing the public imagination.

Tether's Stablecoin Market Cap Now Double USDC After SVB Chaos

Tether’s stablecoin market capitalization swelled to nearly $75 billion on Thursday morning, its highest level since May 2022, data from CoinGecko shows.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,835.01 USD, dropped by 0.58% in the last 24 hours;

ETH’s live price is $1,653.77 USD, dropped by 1.77% in the last 24 hours;

BNB’s live price is $310.81 USD, jumped by 0.14% in the last 24 hours;

XRP's live price is $0.3615 USD, dropped by 1.98% in the last 24 hours.

Fundraising News

Paradigm Funds Auditing DAO Code4rena With $6 Million Token Purchase

Crypto VC firm Paradigm is using a $6 million token purchase to fund Code4rena, a decentralized autonomous organization that creates incentives for independent auditors hunting for bugs.

Former Ledger Exec Jean-Michel Pailhon Aims To Raise $25 Million Fund for NFT Art

Former Ledger exec Jean-Michel Pailhon is raising an NFT art fund, hoping to secure up to $25 million from outside investors. Now, he's focused on setting up what he terms a "global digital art investment fund" that looks to bring primarily non-crypto native investors into digital art.

Soul Wallet Raised $3 Million in a Seed Funding Round

Soul Wallet just raised $3 million in a seed funding round to offer an online, self-custodial Ethereum wallet built on top of ERC-4337.

Chiliz Acquires 20% Stake in Matchwornshirt To Grow Its Global web3 Ecosystem

Chiliz, the sports blockchain, has announced a strategic investment in MatchWornShirt, (MWS), the home of match-worn and signed sporting memorabilia. Chiliz will receive a 20% stake as part of the investment.

Nuqtah Completes First Seed Funding Round Led by Animoca Brands

Nuqtah, the first NFT marketplace in Saudi Arabia, completed its first seed funding round. The round was led by Animoca Brands, with participation from Polygon and several local investors.

Hello Pets Launched a $6 Million Metaverse Fund and Purchased 10 BAYC NFTs

Hello Pets announced that they have bought 10 Bored Ape Yacht Club NFTs (BAYC #6966, BAYC #6280, BAYC #5245, BAYC #4421, BAYC #5914, BAYC #7350, BAYC #2045, BAYC #9538, BAYC #1522, BAYC #6933) as the first step of their newly established $6M fund to develop and strengthen their Metaverse ecosystem.

Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million

Cathie Wood's Ark Investment has raised more than $16 million for two new private crypto funds as digital assets resume rally despite increasing regulatory pressure.

Cypher Capital Announced the Completion of a Six-Figure Investment Into Wallchain

Cypher Capital, a Dubai-based multi strategy venture capital firm announced the completion of a six-figure investment into Wallchain, a solution for businesses in the short term and individuals in the longer term that provides protection against unfair practices used by miners to extract value and capture arbitrage profits generated from DeFi transactions.

DAO NFT Chiliz Web3 Metaverse Cathie Wood Ark Invest India FDIC Signature Bank Money Laundering Tether Circle USDT
Comments

All Comments

Recommended for you

  • Cointime's Evening Highlights for May 19th

    1.US spot Bitcoin ETFs saw net inflows of $948.3 million this week

  • This year, there have been more than 90 Bitcoin ecosystem-related financings

    There have been more than 90 financing transactions related to the Bitcoin ecosystem since 2024, setting a new record for the highest number of financing transactions in a single year in Bitcoin's history. Kyle Samani, Managing Partner at Multicoin Capital, pointed out that with the emergence of the Bitcoin Taproot upgrade and the Ordinals protocol, the Bitcoin ecosystem is experiencing a "developer renaissance". For some developers, building financial tools on Bitcoin is more attractive because it is the oldest and most secure blockchain. Multicoin Capital's investment trend is reportedly shifting from Solana to the Bitcoin ecosystem. The venture capital firm has invested in projects such as Solana Labs and StarkWare, but recently participated in the funding of the Bitcoin-native music platform Arch Network and the Bitcoin scaling network Mezo.

  • $1.911 billion worth of SOL transferred

    According to Whale Alert monitoring, 11,040,253 SOL (US $1,911,291,365) was transferred from an unknown wallet to another unknown wallet.

  • DeFi TVL exceeds $95 billion again

    According to defillama data, as of May 18, 2024, the total value locked (TVL) in DeFi has once again surpassed $95 billion. It is currently reported at $95.069 billion, an increase of nearly $12 billion from the low point of $83.04 billion 35 days ago. Among the top five protocols in terms of TVL, Eigenlayer has the highest 30-day increase, with TVL rising by 19.67% to a total of $15.455 billion.

  • Cointime's Evening Highlights for May 24th

    1. CryptoPunks Launches “Super Punk World” Digital Avatar Series

  • An address mistakenly transferred about $7,000 in BTC to Satoshi Nakamoto’s wallet

    According to Arkham monitoring, someone accidentally sent 90% of their BTC assets to Satoshi Nakamoto's wallet address last night. They were trying to swap Ordinal for PupsToken, but ended up sending almost their entire wallet balance - about $7,000 worth of BTC.

  • USDC circulation increased by 200 million in the past 7 days

    According to official data, within the 7 days ending on May 16th, Circle issued 1.8 billion USDC, redeemed 1.6 billion USDC, and the circulation increased by 200 million. The total circulation of USDC is 33.2 billion US dollars, and the reserve is 33.4 billion US dollars, of which 3.8 billion US dollars are in cash, and Circle Reserve Fund holds 29.6 billion US dollars.

  • Bitcoin mining company Phoenix Group released its Q1 financial report: net profit of US$66.2 million, a year-on-year increase of 166%

    Phoenix Group, a listed mining company and blockchain technology provider for Bitcoin, released its Q1 financial report, with the following main points:

  • Pudgy Penguins and Lotte strategically cooperate to expand into the Korean market, and the floor price rose by 3.1% on the 7th

    The NFT series "Pudgy Penguins" has recently announced a strategic partnership with South Korean retail and entertainment giant Lotte Group on the X platform to expand its market in South Korea and surrounding areas. More information will be announced in the future. According to CoinGecko data, the floor price of Pudgy Penguins is currently 11.8 ETH, with a 7-day increase of 3.1%.

  • CryptoPunks Launches “Super Punk World” Digital Avatar Series

    Blue-chip NFT project CryptoPunks announced the launch of "Super Punk World" on X platform, which is the project's first release of 500 digital avatars inspired by the iconic CryptoPunks features and combined with Super Cool World attributes. It is reported that the series may launch auctions in the future, and more details about the collection and auction of this series will be announced soon.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company