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Cartridge Secures $7.5 Million in Series A Funding | Cryptocurrency Trends

Aaron, Bitget Research
2024/08/07
Cartridge Secures $7.5 Million in Series A Funding | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Binance to update its request weight adjustments and WebSocket user data request on September 3.
  • OKX to launch MAX and ONDO perpetual futures.

2. Cryptocurrency Trends:

  • Trump states that the U.S. government should not sell its cryptocurrencies, calling it a "very modern currency".
  • Gene Sperling, a former Ripple board member and Biden's adviser, joins Harris' campaign team.
  • Yesterday, BlackRock's IBIT trading volume reached $2.9 billion, while FBTC trading volume reached $850 million.
  • Wallets holding between 1000 and 10,000 BTC continue to increase their holdings during the downturn.
  • Arthur Hayes states that the U.S. government will print money regardless of which party comes into power, which will benefit cryptocurrencies.
  • ether.fi generates $2.58 million in revenue for the month of July. Among which, 5% will be allocated for the repurchase of ETHFI.

3. Financing Trends:

  • Cartridge, a blockchain game infrastructure provider, raises $7.5 million in Series A funding led by Bitkraft Ventures.
  • Zoth, an RWA protocol, raises $4 million in strategic funding with participation from TaisuVentures and others.
  • Curio, a Web3 game studio, raises $5.7 million in seed round funding led by Bain Capital Crypto and SevenX Ventures.

4. Regulatory Trends:

  • Minnesota Governor Tim Walz, the running mate of Kamala Harris, advocates for more stringent cryptocurrency regulations.
  • The Chief Executive of the Hong Kong Monetary Authority considers the current number of virtual banking licenses optimal and does not see the need to introduce more participants.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.