Author: American Coins & Gold

VCs Show 'Flight to Quality' in Q2 Funding Report
PitchBook reports $2.7B in venture funding, up from Q1, but with less deal flow. It expects $12-14B for the year, up significantly on 2023’s numbers.

SEC Files Fraud Charges Against Promoters of NovaTech, Alleged 0M Crypto Pyramid Scheme
The U.S. Securities and Exchange Commission (SEC) filed suit against an alleged crypto pyramid scheme, NovaTech, and eight of its promoters on Monday, charging them with fraud and multiple violations of federal securities laws.

German State-Owned Development Bank Prepares for Tokenized Bond Issuance with Boerse Stuttgart Digital in ECB Trial
Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.

Optimism Pushes for 'Interoperability' Between Affiliated Blockchains
Optimism networks that are part of the Superchain rely on Ethereum to communicate with each other in order to move assets, which tends to make such moves slow and expensive. To address that, Optimism is releasing its own interoperability roadmap.

Binance Says Venezuela Platform Is Being Hit by Access Restrictions
The Venezuelan government has blocked various websites, including the social network X, following allegations of fraud in the July 28 presidential elections.

Ether ICO Whale Moves 5K ETH to Exchanges, Bringing Monthly Total to 4M
The whale has deposited 48,500 ETH, worth over $154 million, to OKX at an average price of $3,176 in the past 35 days.

Kamala Harris Pulls Well Ahead of Trump on Polymarket

CoinDesk 20 Performance Update: APT Soars 17.3% as Index Declines Slightly
DOT’s 3.5% drop and SOL’s 2.8% decline pull the index lower.

Protocol Village: Cross-Chain Liquid Staking Protocol Drop Launches, Stacks Nakamoto Upgrade Coming This Month

Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn
Decentralized finance (DeFi) hacks remain a major threat to the industry despite a reduction in the amount stolen in 2023, according to blockchain security firm Halborn.