Cointime

Download App
iOS & Android

Crypto Morning Briefing: Binance.US Backs Out of Voyager Asset Purchase Deal

Cointime Official

Top Stories

Meta's Q1 Profits Plunge 30%, Pivots to AI for Metaverse Growth Amid TikTok Pressure

Meta, the parent company of Facebook and Instagram, is expected to report a steep decline in profits when it releases its first-quarter results, with analysts predicting earnings of $5.2bn, a drop of around 30% year on year.

Binance.US Backs Out of Voyager Asset Purchase Deal

Voyager said April 25 that Binance.US no longer intends to go through with the purchase of its assets.

Coinbase Goes Offensive Against The SEC With Lawsuit Targeted At Regulatory Clarity

The Securities and Exchange Commission (SEC) regulatory approach has come under fire by crypto executives and commentators in recent months after the commission filed actions against firms without clear-cut regulations.

Venom Foundation Announces the Release of its Public Testnet

Venom, a Layer-1 blockchain that operates out of the Abu Dhabi Global Market (ADGM), today announced that its public testnet is officially live. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. Along with the testnet launch, Venom has also unveiled a host of in-house developed decentralized applications as part of its growing ecosystem.

TerraCVita Plans to Relaunch Terraport on Terra Classic After Certik Audit

TerraCVita disclosed that the Certik audit is now underway and the team plans to relaunch Terraport to help rebuild the Terra Classic chain.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $28,203.68 USD, jumped by 2.98% in the last 24 hours;

ETH’s live price is $1,866.94 USD, jumped by 1.93% in the last 24 hours;

BNB’s live price is $336.91 USD, jumped by 1.68% in the last 24 hours;

XRP's live price is $0.46 USD, jumped by 2.02% in the last 24 hours.

Fundraising News

Animoca Brand’s Subsidiary TinyTap Closes $8.5 Million Funding Round

TinyTap – a technological startup that empowers users to create different educational game-based activities – secured an $8.5 million fundraiser.

Amboss Technologies Raises $4M Seed Round To Enhance Lightning Network for Bitcoin Payments

Amboss Technologies, an Oregon-based crypto firm focused on Lightning Network, has raised $4 million in seed funding to provide data analytics to service providers maintaining the network. The round was led by Stillmark and includes participation from Valor Equity Partners, Draper Associates, Fulgur Ventures, and Ride Wave Ventures.

S&P Global, Coinbase Back $6M Fundraise for Crypto Firm Credora

Credora, a provider of institutional credit infrastructure that straddles centralized and decentralized finance (DeFi), has raised $6 million in a strategic funding round that included S&P Global and Coinbase Ventures as investors. The capital will help build out the technology and bolster Credora’s private computation technology that’s used to underwrite and monitor borrowers.

Hiring Ecosystem CV Wallet Raises $1.1 Million in Angel Investment

CV Wallet, the skills-based hiring platform that harnesses the latest Web3 and AI technologies, has raised $1.1 million in an angel investment round.

Comments

All Comments

Recommended for you

  • Intercontinental Exchange, Parent Company of NYSE, Considers Participation in New Funding Round for Polymarket

    According to Bloomberg, Jeff Sprecher, CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that the company will monitor the new funding round for the prediction market platform Polymarket and will consider participation if it contributes to the funding round. Previously, Intercontinental Exchange had invested over $1.6 billion in Polymarket.

  • Intercontinental Exchange, Parent Company of NYSE, Considers Participation in Polymarket's New Funding Round

    According to Bloomberg, Jeff Sprecher, CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that the company will monitor the new funding round for the prediction market platform Polymarket and will consider participation if it aids the funding round. Previously, Intercontinental Exchange had invested over $1.6 billion in Polymarket.

  • U.S. Stock Indices Open Lower, Cryptocurrency Stocks Rise

    On August 20, the three major U.S. stock indices opened lower, with the Dow Jones Industrial Average down 0.71%, the S&P 500 down 0.32%, and the Nasdaq Composite down 0.45%. Cryptocurrency-related stocks rose, with Strategy up over 8%, Coinbase up over 7%, and Circle up over 5%. SK Hynix rose over 3%, with JPMorgan predicting that SK Hynix could return at least $130 billion to shareholders by 2027. Silicon carbide leader Wolfspeed fell over 10% after the company reported fourth-quarter revenue that fell short of expectations. Moderna dropped over 13%, after the stock surged over 176% the previous day.

  • U.S. Stock Indices Open Lower, Cryptocurrency Stocks Rise

    On August 20, U.S. stock indices opened lower across the board, with the Dow Jones down 0.71%, the S&P 500 down 0.32%, and the Nasdaq Composite down 0.45%. Cryptocurrency-related stocks rose, with Strategy up over 8%, Coinbase up over 7%, and Circle up over 5%. SK Hynix rose over 3%, with JPMorgan predicting that SK Hynix could return at least $130 billion to shareholders by 2027. Silicon carbide leader Wolfspeed fell over 10% after the company reported fourth-quarter revenue that fell short of expectations. Moderna dropped over 13%, following a surge of over 176% the previous day.

  • U.S. Initial Jobless Claims at 206,000 Last Week

    On August 20, the number of initial jobless claims in the U.S. was 206,000, compared to an estimate of 210,000 and a previous value of 209,000.

  • U.S. Initial Jobless Claims at 206,000 Last Week

    On August 20, the number of initial jobless claims in the U.S. was 206,000, compared to an estimate of 210,000 and a previous value of 209,000.

  • Alibaba's Wu Yongming: AI Annual Revenue Exceeds 49.5 Billion Yuan

    On August 20, Alibaba Group (09988.HK) released its financial report for the first quarter of fiscal year 2027. During the analyst conference call, Group CEO Wu Yongming stated that AI has become the core engine driving accelerated growth for Alibaba Cloud. This quarter, the annual recurring revenue (ARR) from AI-related products surpassed 49.5 billion yuan (7.3 billion USD), accounting for 35% of Alibaba Cloud's external commercialization revenue. The gross margin for AI-related products is significantly higher than the average level for cloud products.

  • ETH Surpasses $2300

    Market data shows that ETH has surpassed $2300, currently priced at $2308.28, with a 24-hour increase of 20.06%. The market is highly volatile, so please ensure proper risk management.

  • ETH Surpasses $2300

    Market data shows that ETH has surpassed $2300, currently priced at $2308.28, with a 24-hour increase of 20.06%. The market is highly volatile, so please ensure proper risk management.

  • Meta Invests Hundreds of Millions in Microsoft's Azure AI Services

    Meta Platforms (META.O) is investing hundreds of millions in Microsoft's Azure AI services. Meta has quietly become one of Microsoft's largest AI clients. Shares of Meta Platforms (META.O) and Microsoft (MSFT.O) rose 1.6% in pre-market trading.