Volume of Venture Deals in Crypto Industry Jumps by 40% in a Month
According to data provided by RootData, the volume of funding attracted by crypto firms in August from investment rounds increased by 39.8% from July.
Binance Suspends Privacy-centered Coins Trading in Belgium
Binance is halting trading of privacy coins, which are designed to obscure transaction details, on its platform in Belgium from September 21.
Genesis Global Capital Sues DCG Over Unpaid Crypto Loans
Genesis Global Holdco has filed an action against Digital Currency Group over hundreds of millions of dollars of unpaid loans from 2019 which matured on May 11, 2023.
South Korea Arrests Creators of $82.5M Cryptocurrency Pyramid
The South Korean police have arrested 22 people for their involvement in a cryptocurrency investment fraud in the city of Changwon.
Number of Solana Users Falls to Lowest in 2 Years
Solana’s active user base has been steadily decreasing, with the seven-day moving average falling to a recent low of 204,000 on August 31.
Coinbase Unveils a Crypto Lending Service
Coinbase has raised $57 million for a new crypto lending service.
Bitcoin’s and Ether’s Trading Volume Declines in August
Block Research has reported that August saw a 6% decrease in trading of both Bitcoin and Ether.
