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The Blog

Welcome to our little corner of the Internet. Kick your feet up and stay a while.

Rare Ape CryptoPunk sells for $1.5M amid market downturn

Flyhightechno September 6, 2024News

CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value. Source link

Japan’s major banks back new stablecoin project for global trade

Flyhightechno September 6, 2024News

Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20. Source link

India reconsiders foreign crypto exchange registrations: Report

Flyhightechno September 6, 2024News

India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws. Source link

Libre launches Brevan Howard, BlackRock, Hamilton Lane funds on Aptos

Flyhightechno September 6, 2024News

After Solana and Near, Libre protocol is deploying its pool of tokenized funds on the Aptos blockchain.  Source link

Crypto venture capital funding surges to $633M in August rebound

Flyhightechno September 6, 2024News

Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development. Source link

Hacker praised after $27M crypto heist from Penpie DeFi protocol

Flyhightechno September 6, 2024News

The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to a fellow criminal. Source link

Magic Eden faces backlash over US service segregation

Flyhightechno September 6, 2024News

Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops. Source link

Monochrome confident as it files for Australia’s first ETF to hold Ether directly

Flyhightechno September 6, 2024News

Monochrome’s CEO says the firm’s Bitcoin ETF has seen growth from its in-kind subscription mechanism and hopes an Ether ETF could see similar inflows.  Source link

Monochrome confident as it files for Australia's first ETF to hold Ether directly

Flyhightechno September 6, 2024News

Monochrome’s CEO says the firm’s Bitcoin ETF has seen growth off the back of its in-kind subscription mechanism and hopes an Ether ETF could see similar inflows.  Source link

‘Unlucky' MEV bot takes out huge $12M loan just to make $20 in profit

Flyhightechno September 6, 2024News

An MEV bot took out a $11.9 million loan to sandwich attack a user, but barely made enough to cover lunch. Source link

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