Author: Crypto News Live

The 1st of August saw a $26.7 million net inflow into U.S. Ether ETFs, led by ETHA. Grayscale Ethereum Trust (ETHE) faced $2 billion in outflows, marking a significant investor shift. Despite ongoing cumulative outflows from the Grayscale Ethereum Trust (ETHE) surpassing $2 billion, recent trends in U.S. spot Ethereum [ETH] exchange-traded funds (ETFs) present a contrasting picture. Ethereum ETF flow analysis On the 1st of August, Ether ETFs recorded a notable turnaround with a net inflow of $26.7 million. This positive shift was driven largely by a substantial $89.6 million inflow into BlackRock’s iShares Ethereum Trust (ETHA). On the…

Charles Hoskinson, the Cardano founder, hints at the possible launch date of the 90’s FPS game Doom on Cardano’s Hydra scaling solution. Notably, he revealed this in a post on X today, suggesting proponents could get a chance to play the game at the upcoming Rare Evo conference in Las Vegas, Nevada. For the uninitiated, the Rare Evo blockchain conference is slated to occur between August 15 to 17, with Hoskinson featured as one of the speakers. In his recent disclosure, the Cardano founder shared a link to the game, which appeared to be an extension of the official Hydra.family…

Animoca Brands has signed a multi-year strategic partnership with LayerZero Labs, the omnichain interoperability protocol behind LayerZero.The move combines both their efforts toward offering wider solutions for interoperability under one umbrella, supporting users and developers in realizing better experiences on blockchain-based ecosystems.The partnership includes LayerZero becoming a de facto standard for interoperability within Animoca Brands’ projects and subsidiaries.We are announcing a strategic multi-year partnership with @LayerZero_Labs, the team that launched the leading omnichain interoperability protocol LayerZero, to further broaden the reach of LayerZero’s interoperability solution across various use cases in the digital asset space. pic.twitter.com/NDdSlaMYQA— Animoca Brands (@animocabrands) July 30,…

The world has significantly improved since crypto became mainstream. Through crypto, NFTs (Non-Fungible Tokens), blockchain technology, and the Web3 universe, crypto enthusiasts will encounter many new experiences that will change how we view and use the online space. And if you are passionate about NFTs but don’t always feel that buying them is profitable, we’ve prepared some August NFT airdrops and giveaways that might catch your attention. Ethereum NFT Drops 1. This Was Presence Sale time: July 29, 2024 – August 5, 2024 The creator behind “This Was Presence” describes the entire NFT project concept as “a death, a chaos,…

Bitcoin ETFs saw strong inflows, with $298M net inflow on the 31st of July. On the other hand, Ethereum ETFs experienced outflows of $77.2M on the 31st of July.  On the first day of August, Bitcoin [BTC] ETFs experienced significant inflows, with $50.6 million pouring into spot Bitcoin ETFs. Notably, BlackRock’s IBIT ETF led the charge, capturing $25.9 million in inflows as per Farside Investors. Bitcoin ETF flow analysis This trend reflected a broader pattern of Bitcoin ETFs steadily accumulating BTC, despite a brief decline in early June. Since the 1st of July, inflows have surged, outpacing the averages of…

GhostMarket has added support for Neo X to the cross-chain NFT marketplace, marking the platform’s eighth blockchain integration. The development team has deployed all ten of its smart contracts on Neo X, and now users can buy, sell, and trade NFTs on GhostMarket. The GhostMarket NFT platform supports two NFT standards on the EVM-compatible sidechain, Neo X. Created in 2017, ERC-721 is the main NFT standard on the Ethereum blockchain. It provides guidelines for building unique tokens representing digital assets across various verticals (i.e., gaming, art, and collectibles). The second standard, ERC-1155, allows a developer to create and transfer both…

TL;DRTether alone now owns more US government debt than major countries like Germany, the UAE, and Australia — and they’re not only profiting from it, but driving blockchain adoption in the process.Full StoryYou know those boring businesses you hear about every now and then that absolutely print money?E.g. Hunt Brothers Pizza — the gas station pizza business that makes $540M a year.Yeah, well — stablecoins are kinda like that.The leading stablecoin, Tether, just reported its earnings and have reeled in $5.2 billion of profit so far this year.(How? By taking a small percentage of the money invested into their coin,…

Former US President Donald Trump is back in the limelight after giving a big endorsement of Bitcoin recently. This comes as he gears for a possible return to the White House in 2024. Now, Trump-themed Bitcoin sneakers on the market, launched only a few days ago, have sold out.Taking a more pro-Bitcoin stance, Trump has tried to capture the backing of the crypto industry for his campaign efforts, which resulted in him receiving several high-profile endorsements from advocates of the crypto space.Bitcoin SneakersDuring the Bitcoin Conference in Nashville, Trump also unveiled yet another release of new Bitcoin-themed sneakers to support…

Lost Dogs is the first game on Telegram that uses a story-driven format that combines NFTs and token rewards. Within the game, users have to make daily decisions over a six week period, with each decision potentitally affecting the abilities of characters within the game.Game OverviewA collaboration between Notcoin and Lost Dogs Co, the game is set in a world of magic dogs and immerses players in an evolving story that unfolds with their daily decisions. This approach focuses on interactive gaming and the consequences of player decisions, thereby affecting the characters development within the game. So, within the storyline,…

TL;DRSenator Cynthia Lummis (aka the ‘Bitcoin Senator’) formally introduced a bill to the U.S. Senate on Wednesday seeking to establish a national Bitcoin reserve, which will have both short and long-term benefits.Full StoryLet’s cap things off this week with some news which may impact the crypto world in both the short term, and the long term.Senator Cynthia Lummis (aka the ‘Bitcoin Senator’) formally introduced a bill to the U.S. Senate on Wednesday seeking to establish a national Bitcoin reserve.She first announced the bill at Bitcoin 2024 in Nashville last weekend but it wasn’t officially introduced until Wednesday.Here’s why this is…