Cointelegraph

⁠VC Roundup: Capital flows and alternative funding models fuel crypto startups This edition of Cointelegraph’s VC Roundup highlights Monad, Auradine, Sapien, HYCHAIN, Web3Firewall and Alpen Labs.

⁠Nigeria’s Binance crackdown threatens Web3 industry According to Uwakwe, the head of Nigeria’s crypto intercommunity working group, investors worry about potential repercussions similar to Binance’s fate when investing…

⁠Blockchain fraud group shifts $1M to Blast for new schemes This group has a history of launching numerous projects that attract significant TVL but later abscond with the funds.

⁠Binance executive tracked to Kenya, extradition underway The Nigerian government is now collaborating with Interpol and the Kenyan Police to bring Arjarwalla to the country to face charges leveled against him.

⁠Bitcoin's 'normal drop' leads to $256M longs liquidated — analysts Traders anticipate further downside, with approximately $1.05 billion in short positions at risk if Bitcoin returns to its price from the previous day.