- The LSD protocol, Puffer Finance, has successfully completed a $5.5 million seed funding round with leading investments from Lemniscap and Lightspeed Faction.
- Parcha AI, founded by former Coinbase executives, has raised $5 million in seed funding, with participation from Kindred Ventures and others.
- The generative art creation and collection platform, fxhash, has completed a $5 million seed funding round.
- In the second quarter, Galaxy Digital narrowed its net loss to $46 million, with asset management revenue growing 619% to $33.8 million.
- L1 Digital has raised $152 million for its second venture capital fund.
- FTX investment firms including Temasek, Sequoia Capital, and SoftBank are facing a collective lawsuit.
- Binance has obtained a license for Bitcoin and digital asset services in El Salvador.
- Cathie Wood suggests that the U.S. SEC might approve multiple Bitcoin spot ETFs simultaneously.
- The U.S. Federal Reserve will enhance regulatory scrutiny of banks involved in cryptocurrency activities.
- The number of non-zero Ethereum addresses has exceeded 100 million.
- The Cosmos ecosystem decentralized exchange (DEX) Osmosis has integrated with the Celestia data availability layer.