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Web3 Venture Capital Sees Soaring Total Value Locked, But Transaction Volume Plummets, Signaling Investors Shifting from Broad Coverage to More In-Depth, Strategic Bets.
Share link:In this post: Seoul police caught a $13M crypto conman after he tossed a cigarette and tried to flee. He’d been on the run since 2020, wanted on 10 charges including fraud and assault. Other scammers like James Zhong and “Razzlekhan” also slipped up due to dumb mistakes.
Share link:In this post: The Dow jumped 846 points to close at a record 45,631.74 after Powell signaled rate cuts may start next month. The S&P 500 and Nasdaq gained over 1.5%, driven by strong tech stock rallies. Gold, silver, and other metals rose as the U.S. dollar dropped sharply following Powell’s comments.
Share link:In this post: Apple filed a lawsuit claiming that Oppo hired Chen Shi, a former Apple Watch engineer, and encouraged him to take confidential health-sensing data to build a competing wearable. Before leaving Apple in June, Shi allegedly downloaded 63 internal documents. Apple says this case fits a broader pattern, referencing past incidents involving trade secrets going to China.
Share link:In this post: A 12-year-old USPTO document has sparked claims that the U.S. government owns the “XRP” patent. While real, the document was initiated by OpenCoin, the now Ripple. Ripple Labs currently has 67 trademark applications and 18 approved patents.
Seven major asset managers, including Grayscale and Franklin Templeton, updated their filings for spot XRP ETFs on August 22, shortly after the Ripple–SEC case concluded.
Currently at a $600 Billion market cap, ranked as the 25th largest tech company in the world
- 05:17SOL spot ETF records net inflows for 14 consecutive trading days, with total inflows reaching $382 millionAccording to ChainCatcher, citing monitoring by Farside Investors, the US SOL spot ETF has recorded net inflows for 14 consecutive trading days since its launch on October 18, with total inflows reaching $382 million. Among them, Bitwise's BSOL saw net inflows of $357.8 million, while Grayscale's GSOL recorded net inflows of $24.4 million.
- 04:38Data: The current Crypto Fear & Greed Index is 9, indicating an extreme fear state.ChainCatcher news, according to Coinglass data, the current cryptocurrency Fear and Greed Index is 9, down 2 points from yesterday. The 7-day average is 18, and the 30-day average is 28.
- 04:06Multiple U.S. hedge funds reduced holdings in the "Tech Magnificent Seven" in Q3According to Jinse Finance, the latest quarterly disclosure documents show that Wall Street's largest hedge funds shifted their stance on tech giants in the third quarter, reducing their holdings in some of the "Tech Magnificent Seven" stocks, including Nvidia, Amazon, Alphabet, and Meta, while placing new bets in areas such as application software, e-commerce, and payments. During the quarter ending September 30, several funds also cut their positions in well-known companies in the healthcare and energy sectors. The overall market rose in the third quarter, with the S&P 500 index up nearly 8%, and the tech-heavy Nasdaq 100 index gaining about 9% for the season.