Protocol Village: Quai Releases Mainnet-Compatible Devnet, Crunch Lab Raises $3.5M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21, 2024.Source

Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says

The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.Source

CoinDesk 20 Performance Update: UNI leads with 3.8% Gains as Index Rises

Twelve assets in the CoinDesk 20 Index gained, with ADA joining UNI among the largest advancers.Source

Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports

Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.Source

First Mover Americas: Crypto Trades Little Changed Following Thursday’s Slide

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time

BlackRock is now the largest holder of the two assets in publicly traded funds.Source

Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool

Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale.Source

Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH, Analyst Says

“Every time ETH gas fees have dropped to rock bottom, it has often signaled a price bottom in the mid-term,” one market watcher said.Source

Justin Sun Bets on Memecoins With Tron-Based Token Generator

Sun.io, the DeFi platform associated with Tron founder Justin Sun, has released a token generator dubbed SunPump.Source