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🔔 U.S. Government Transfers 58.742 BTC Worth $3.96 Million to Coinbase Prime Deposit from Seized Dark Web Funds !
The U.S. Government transferred 58.742 BTC, valued at approximately $3.96 million, to Coinbase Prime Deposit. These funds were part of the BTC seized from dark web drug dealer Ryan Farace. The U.S. Department of Justice had confiscated 2,933 BTC from Farace's family. Currently, the U.S. Government holds a total of 213,239 BTC, worth about $14.397 billion.
▶️ Check More Details Here:
https://platform.arkhamintelligence.com/explorer/address/3B2jEBZi8fJWGEDrh6Pe7hDMaJ6iGfFtaU
🔔 BREAKING: SEC Approves Spot Ethereum ETFs for Trading Starting Tomorrow !
U.S. regulators have approved spot ETFs for Ethereum (ETH), allowing investors to trade ether through traditional brokerage accounts. This follows the approval of Bitcoin ETFs in January and aims to make ether more accessible to mainstream investors.
▶️ Check More Details Here:
https://x.com/EricBalchunas/status/1815489137484722333
🔔 NPC Labs, Former Coinbase Employees Startup Secures $21 Million for Web3 Gaming !
NPC Labs, a web3 gaming startup co-founded by ex-Coinbase employees, has raised $21 million in total funding. This includes a $3 million pre-seed round and an $18 million seed round led by Pantera Capital, with additional investment from Makers Fund, Hashed, and others. The company aims to drive on-chain gaming adoption with its new platform.
▶️ Check More Details Here:
https://www.theblock.co/post/306612/coinbase-alumni-web3-gaming-npc-labs-funding
🔔 Joe Biden's Exit from Presidential Race Eliminates $67M in Crypto Long Positions Within 30 Minutes !
Nearly $67 million in leveraged longs were liquidated after President Biden withdrew from the 2024 election. Bitcoin dropped to $65,880, then rebounded to $68,480, causing $34 million in short position losses. The recovery was driven by market dynamics and a large buy order.
▶️ Check More Details Here:
https://www.coinglass.com/LiquidationData
🔔 Fractal ID Data Breach Linked to 2022 Employee Password Reuse Hack !
Fractal ID, a decentralized identity startup, reported a data breach affecting 6,300 customers. The breach occurred through a compromised employee account, with credentials stolen by the Raccoon Infostealer malware as early as 2022, according to Hudson Rock.
▶️ Check More Details Here:
https://x.com/Fractal_ID/status/1814257690127868387
🔔 U.S. SEC Establishes Interagency Securities Council to Enhance Coordination on Securities Fraud !
The SEC has established the Interagency Securities Council (ISC) to enhance coordination among federal, state, and local agencies against securities fraud. The ISC, chaired by Gurbir S. Grewal and Cristina Martin Firvida, aims to improve fraud prevention and share insights on emerging threats through quarterly meetings. It includes over 100 agencies, fostering a unified approach to combating financial fraud.
▶️ Check More Details Here:
https://www.sec.gov/newsroom/press-releases/2024-86
🔔 BitForex to Reopen Withdrawals After $56.5M Outflow and Team Detention !
Bitforex experienced a disruption on February 23, 2024, when its team was detained by Jiangsu Province police in China, causing platform inaccessibility and preventing asset withdrawals. The platform will soon reopen exclusively for withdrawals, with trading, new registrations, and deposits suspended. Users will need to provide KYC documentation for withdrawals. Bitforex assures efforts to ensure asset safety and offers customer support via email.
▶️ Check More Details Here:
https://x.com/bitforexcom/status/1814314174782255524
🔔 Binance Receives Court Approval to Place Customer Fiat Funds in US Treasury Bills: Filing !
On July 19, a U.S. court granted Binance approval to invest customer funds into U.S. Treasury Bills. The United States District Court for the District of Columbia's order allows Binance to use a third-party investment manager for these investments, provided the funds are not reinvested back into Binance or its related entities. Binance is also required to include data on costs associated with these investments in its monthly business expenses and operations report.
▶️ Check More Details Here:
https://www.courtlistener.com/docket/67474542/251/securities-and-exchange-commission-v-binance-holdings-limited/
🔔 Rho Markets Liquidity Protocol Loses $7.6M in Oracle Exploit !
Rho Markets, a liquidity layer and lending protocol on Scroll, was exploited for over $7.6 million in USD Coin and USDT. The breach occurred after a malicious actor gained access to the protocol’s blockchain oracle.
▶️ Check More Details Here:
https://x.com/CyversAlerts/status/1814278802039562640
🔔 Bitzlato Founder Avoids Extra Jail Time Despite $700M Dark Web Proceeds !
Anatoly Legkodymov, founder of the defunct crypto exchange Bitzlato, was sentenced to time served after pleading guilty to operating an unlicensed money-transmitting business. Bitzlato processed over $700 million in illicit proceeds from the Russian dark web. Judge Eric Vitaliano deemed the 18 months Legkodymov spent in Brooklyn's Metropolitan Detention Centre sufficient punishment.
▶️ Check More Details Here:
https://www.law360.com/cybersecurity-privacy/articles/1859807
🔔 Dogwifhat (WIF) Reaches New Monthly High Following 40% Price Rally !
Solana memecoin Dogwifhat (WIF) has surged by 41.01% in the past week, re-entering the top 50 cryptocurrencies by market capitalization. This rise contrasts with the overall memecoin market, which saw a 5.3% decline, with most top-cap cryptocurrencies posting losses on July 18, according to CoinGecko.
▶️ Check More Details Here:
https://www.coingecko.com/en/categories/solana-meme-coins
🔔 BlockFi Set to Initiate Interim Crypto Distributions Through Coinbase This Month !
BlockFi will begin its first interim crypto distributions through Coinbase in July 2024. The bankrupt crypto lender, which filed for Chapter 11 in November 2022 after FTX's collapse, received court approval for customer withdrawals in September 2023. Distributions will be processed in batches, with eligible clients notified via email, though non-US clients cannot receive funds due to regulatory requirements.
▶️ Check More Details Here:
https://x.com/BlockFi/status/1813611800426086431
🚨 HACK ALERT : Look Like Indian Crypto Exchange WazirX Hacked !
Cyvers Alert reported that WazirX had approximately $230 million in assets stolen from its Safe Multisig wallet on Ethereum. The stolen assets included 5.43 trillion SHIB ($102M), 15,298 ETH ($52.5M), 20.5 million MATIC ($11.24M), 640.27 billion PEPE ($7.6M), 5.79 million USDT, and 135 million GALA ($3.5M).
▪️News Source : /channel/investigations/143
▪️Exploiter Address: https://etherscan.io/address/0x04b21735e93fa3f8df70e2da89e6922616891a88
🔔 Most Ether ETF Applicants Submit Final Forms, Signaling Likely Approval !
Asset managers, including BlackRock, Fidelity, 21Shares, Grayscale, Bitwise, and Invesco Galaxy, have submitted final documents for launching Ethereum ETFs. Approval may come by Monday, with trading starting Tuesday. Fees are generally around 0.25%, except Grayscale's main product at 2.5%, which has drawn industry criticism.
▶️ Check More Details Here:
https://x.com/JSeyff/status/1813693107214717181
🔔 Nigerian Prison Doctor Arrested Over Health Concerns for Binance Executive !
Justice Emeka Nwite of the Federal High Court in Abuja issued a bench warrant for the arrest of Dr. Abraham Ehizojie, a medical doctor at the Kuje Correctional Centre. The warrant was issued after Ehizojie failed to produce a medical report for Binance executive Tigran Gambaryan or appear in court as previously ordered.
▶️ Check More Details Here:
https://punchng.com/court-orders-arrest-of-prison-doctor-over-binance-executives-health/
🔔 Swan Bitcoin Postpones IPO and Ceases Mining Operations !
Swan Bitcoin CEO Cory Klippsten announced the company will cancel its IPO plans due to the shutdown of its mining operations. In a July 22 post, Klippsten revealed staff reductions and a halt in the Managed Mining business, which led to a pullback from the firm's accelerated spending and IPO plans.
▶️ Check More Details Here:
https://x.com/coryklippsten/status/1815429462210539706
🔔 BNB Foundation Completes 28th Quarterly Token Burn, Eliminates 1.6M BNB Worth $971M !
The BNB Foundation has completed its 28th quarterly BNB token burn, eliminating 1,643,698.8 BNB worth approximately $971 million. This burn aims to gradually reduce the total supply to 100 million BNB, ensuring transparency and predictability through an Auto-Burn system.
▶️ Check More Details Here:
https://www.bnbchain.org/en/blog/28th-bnb-burn
🔔 Cosmos Keplr Wallet to Introduce EVM Support to Serve Modular Community !
Keplr, a leading wallet app on the Cosmos blockchain, is adding support for Ethereum and its Layer 2 blockchains. Launched in 2021, Keplr has over a million monthly users. The new integration will allow users to manage Ethereum-based assets within Keplr, appealing to those active on both Cosmos and Ethereum chains. This move also supports emerging modular projects like Initia, Dymension, Saga, and Celestia.
▶️ Check More Details Here:
https://www.theblock.co/post/306292/cosmos-keplr-wallet
🔔 Joe Biden Exits Presidential Race, BODEN Token Falls 44% !
President Joe Biden announced he will not seek reelection in 2024, endorsing Vice President Kamala Harris as the Democratic Party's nominee. This led to significant fluctuations in political-themed memecoins, with Jeo Boden dropping 44% and Kamala Horris and Gabin Noosum rising 52% and 115%, respectively. Donald Trump criticized Biden's decision on Truth Social. Prediction markets now show Biden's chances below 1%, Harris at 26%, and Trump at 63%.
▶️ Check More Details Here:
https://x.com/JoeBiden/status/1815087772216303933
🔔 Etherfuse, a Tokenization Platform, Secures Seed Funding with a $12.5 Million Valuation !
Etherfuse, a real-world asset tokenization platform, raised $3 million in a seed round led by White Star Capital and North Island Ventures. Other investors include the Stellar Development Foundation and Solana Foundation's Anna Yuan. The funding round, which concluded in May, brings Etherfuse's total valuation to $12.5 million.
▶️ Check More Details Here:
https://x.com/etherfuse/status/1814735942114292008
🔔 WazirX Introduces Bounty Program to Retrieve Stolen Assets !
WazirX, a leading cryptocurrency exchange in India, has launched a bounty program to recover assets stolen in a recent cyberattack. The exchange has filed a police complaint and reported the incident to the Financial Intelligence Unit and CERT-In. Co-founder Nischal Shetty announced efforts to collaborate with over 500 exchanges to block the addresses associated with the stolen funds. The bounty program aims to incentivize individuals and entities to assist in freezing or recovering the stolen assets.
▶️ Check More Details Here:
https://x.com/NischalShetty/status/1814568500473606386
🔔 CBOE Confirms Launch of VanEck, Invesco, Fidelity, 21Shares, and Franklin Templeton Spot Ethereum ETFs on July 23 !
On July 23, five spot Ethereum ETFs will begin trading on the Chicago Board Options Exchange, pending regulatory approval. The ETFs include offerings from 21Shares, Fidelity, Invesco Galaxy, VanEck, and Franklin. Issuers plan to waive or discount fees initially to attract investors, with analysts predicting significant net inflows in the coming months.
▶️ Check More Details Here:
https://www.cboe.com/us/equities/notices/new_listings/
🔔 Pixelverse Introduces PIXFI Perpetual Staking !
Pixelverse has launched the first phase of PIXFI staking, started today at 3 PM UTC, in anticipation of its web browser game release in August. Stakers receive lootboxes with in-game assets ranging from common to legendary items, including exclusive real estate vouchers for future rental income. The staking is perpetual, requiring only a single stake for ongoing rewards. Early adopters can transfer PIXFI tokens to staking with zero gas fees to maximize their rewards.
▶️ Check More Details Here:
https://x.com/pixelverse_xyz/status/1814239517441708277
▶️ Project Socials:
Website | X | Telegram
🔔 Galaxy Acquires Majority of CryptoManufaktur's Ethereum Assets to Expand Staking Portfolio !
Galaxy Digital has acquired CryptoManufaktur LLC, increasing its Ethereum assets under stake by 43%. The acquisition adds $1 billion in Ethereum assets, raising Galaxy's total to $3.3 billion. CMF founder Thorsten Behrens and his team will join Galaxy’s blockchain infrastructure team, enhancing its staking and validator services.
▶️ Check More Details Here:
https://www.coindesk.com/tech/2024/07/19/galaxy-buys-almost-all-of-cryptomanufakturs-ethereum-assets-to-expand-staking-portfolio/
🔔 Italy's Cassa Depositi e Prestiti Issues $27.2M Digital Bond on Polygon !
Italy’s state-owned bank Cassa Depositi e Prestiti SpA has issued a $27.2 million digital bond on Ethereum's Polygon, in collaboration with Intesa Sanpaolo. This trial, part of the European Central Bank's initiative to explore blockchain-based settlements, is the first under Italy's new FinTech decree law. The bond, maturing on November 18, 2024, offers a 3.63% annual fixed coupon, with Intesa Sanpaolo as the sole investor.
▶️ Check More Details Here:
https://group.intesasanpaolo.com/en/newsroom/press-releases/2024/07/cdp-successfully-issues-its-first-digital-bond-on-blockchain-int#
🔔 Banana Gun (BANANA) HODLer Airdrops Available on Binance !
Binance is launching its first Airdrops Portal project with Banana Gun (BANANA), the token for the Banana Gun bot, on July 20, 2024. Users who subscribed BNB to Simple Earn products from June 23 to July 5 will receive BANANA airdrops. Trading pairs include BANANA/BTC, BANANA/USDT, BANANA/BNB, BANANA/FDUSD, and BANANA/TRY. Be cautious of potential price fluctuations due to increased circulation from the airdrop.
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/252eaa5e7a8646e6a4461f6057a06af4
🔔 OKX Designates Malta as MiCA Compliance Hub for EU Operations !
OKX has chosen Malta as its Markets in Crypto-Assets (MiCA) hub to meet EU regulatory standards. The crypto exchange highlighted Malta's regulatory quality and its existing infrastructure there. OKX has held a VFA Class 4 license in Malta since 2021.
▶️ Check More Details Here:
https://x.com/okx/status/1813876890865684854
🔔 Maker-Related Wallets Deposit 5,750 MKR ($16.76M) to Binance Over Past 3 Days !
According to Lookonchain, Maker-related wallets have deposited 5,750 MKR ($16.76 million) to Binance in the past 3 days. Since April 24, they have deposited 18,900 MKR ($53.83 million) to Binance and currently hold 8,905 MKR ($26 million).
▶️ Check More Details Here:
https://twitter.com/lookonchain/status/1813793416846979333
🔔 Blockchain Advocate Roberta Metsola Reelected as EU Parliament President !
Roberta Metsola was reelected as president of the European Parliament with 562 of 699 votes. A Maltese MEP since 2018, she has supported balanced crypto and blockchain regulation. Metsola's presidency, which began in January 2022, will continue for another 2 1/2 years.
▶️ Check More Details Here:
https://www.coindesk.com/policy/2024/07/17/blockchain-friendly-roberta-metsola-reelected-as-eu-parliament-president/
🔔 US Spot Bitcoin ETFs Record $422 Million in Net Inflows, Largest Since Early June !
On Tuesday, U.S. spot bitcoin ETFs saw $422.67 million in net inflows, the highest since June 5. BlackRock's IBIT led with $260.23 million and $1.02 billion in trade volume. Fidelity's FBTC received $61.05 million, Ark Invest and 21Shares' ARKB got $29.85 million, and VanEck's HODL saw $22.04 million. Invesco and Galaxy Digital's fund had $20.54 million, and Bitwise's BITB reported $17.34 million in inflows.
▶️ Check More Details Here:
https://sosovalue.xyz/assets/etf/us-btc-spot