Let’s kick off this week’s funding round-up with a Series A round, topping $55 million, for onchain risk management firm Chaos Labs. Haun Ventures led the round, with PayPal Ventures, Wintermute Ventures and Coinbase Ventures all participating. Diogo Mónica, who just joined Haun earlier this year, spoke to...

Funding roundup: Haun Ventures backs an onchain risk management firm

Although Bitcoin’s price is yet to reclaim its March all-time high, an analyst claims two key metrics show that the bull market remains strong and steady with no signs of a deep correction. In an Aug. 18 report, CryptoQuant researcher Axel Adler looked to two key metrics — the...

2 key Bitcoin metrics signal steady bull cycle — ‘No bubble’ in sight

The DAO behind Mango Markets is planning to pay a civil penalty of $223,228 as part of a settlement offer to the Securities and Exchange Commission to avoid litigation. In the ongoing governance proposal, the settlement offer would also include an agreement to halt all offers and sales of MNGO tokens, destroy all its MNGO holdings and request the delisting of MNGO for trading from “all crypto asset exchanges and trading platforms where the DAO is aware MNGO is trading.”

DAO behind Mango Markets votes for SEC settlement

A new wave of digital currencies aims to challenge Solana’s dominance. Leading crypto analysts have identified promising contenders that could yield massive returns. These emerging coins are set to capture investor attention, promising potential gains of up to 5000%. Discover which cryptocurrencies are poised for explosive growth in the near future.

Crypto Experts Unveil the Next Solana-Killers: 5000% Returns Expected

An unknown wallet address has been accumulating massive amounts of Wrapped Bitcoin amid ongoing controversy concerning the token’s ownership structure. In an Aug. 19 X post, blockchain analytics service Lookonchain said an unknown whale address had snapped up 347 Wrapped Bitcoin (WBTC) — worth $16 million at current prices — just hours before.

Unknown crypto whale has been scooping up WBTC amid controversy

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WyoFile

The woman who shot a video of a hydrothermal explosion in Yellowstone National Park on Tuesday morning told WyoFile she and her family were terrified as the blast sent boiling water and rocks skyward, destroying parts of a boardwalk, its guardrail and a nearby bench.

Yellowstone hydrothermal explosion: ‘We were terrified’

Dropbox co-founder Arash Ferdowsi just filed a $225 million lawsuit against JPMorgan Chase, accusing the financial giant of mismanaging his investment portfolio and squandering hundreds of millions of dollars. The suit alleges JPMorgan Private Wealth Advisors steered Ferdowsi into “complex, low-performing” investments with exorbitant fees, causing over $225 million in...

JPMorgan Chase Sued for $225,000,000 As Dropbox Founder Accuses Lending Giant of Mismanaging Generational Wealth, Charging Millions in Hidden Fees

Florida State

Jacksonville, FL

Jacksonville Today

Jacksonville Sheriff T.K. Waters said he will consider more DUI patrols if voters legalize recreational marijuana use in Florida. Voters will consider Amendment 3 in November. It would allow adults 21 or older to possess, purchase or use marijuana products and marijuana accessories for non-medical purposes.

More DUI patrols possible if marijuana issue passes

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

South Carolina State

Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

[PRESS RELEASE – Sydney, Australia, August 19th, 2024]. With over AUD$2 billion in total sales to date, Easy Crypto today announces the launch of a new ‘beginner wallet’ aimed at Australians looking for an easier way to buy, swap, hold and sell their crypto. Easy Crypto, New...

Easy Crypto launches new Australian wallet aimed at first-time crypto investors

Fidelity actively participates with 176,626 BTC held, emphasizing strong institutional engagement in the cryptocurrency market. Predictions suggest Bitcoin ETFs might hold more than Nakamoto as early as October 2024 due to rapid acquisition rates. U.S.-based Bitcoin ETFs are approaching a pivotal moment where they might soon hold more Bitcoin than...

BlackRock and Fidelity Are Hoarding Bitcoin: Could They Control the Future of Crypto?

Bitcoin will move closer to all-time highs after the United States election and shift to a “pro-liquidity environment,” according to analysts. “With all this forced selling behind us, this is a typical seasonal pattern where Bitcoin tends to struggle between one to three months after the halving, which was in April,” VanEck head of digital assets research Matthew Sigel argued in an Aug. 19 interview with CNBC.

Analysts optimistic as liquidity ticks and Bitcoin ‘forced selling’ is over

A four-year legal battle with regulators ended with Ripple agreeing to pay $125 million in civil penalties. The return to business as usual for Ripple might be enough to send the price of XRP over $1. Other catalysts, such as the launch of a new spot ETF, are unlikely and...

Should You Buy XRP While It's Under $1?

Data from Farside shows that Bitcoin ETFs experienced a net inflow of $62.1 million, marking the largest since Aug. 8. The primary contributor to this surge is BlackRock’s IBIT, which alone attracted an impressive $92.7 million, bringing its total net inflow to a staggering $20.48 billion. Fidelity also saw a modest inflow of $3.9 million. However, not all Bitcoin ETFs performed positively—Bitwise’s BITB and Galaxy Invesco’s BTCO were the only issuers to experience outflows, losing $25.7 million and $8.8 million, respectively.

BlackRock’s IBIT boosts Bitcoin ETFs with $92.7 million inflow, total now $20.5 billion

Missouri State

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CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

CoinDesk

The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month.

Nigeria Plans to Introduce Crypto Licensing Process: Bloomberg

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

NewsBreak

With wBTC facing scrutiny, Solana-based competitors have an opportunity

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. It seems like anyone who’s...

With wBTC facing scrutiny, Solana-based competitors have an opportunity

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