-
◽Altcoin Alerts, News, Events, ICO/IEO Updates, Research, Tweets and more. 🚩Content posted in this channel should not be considered as investment advice. Invest only at ur own risk.
🔔 BitFlyer Acquires FTX Japan, Announces Plans for Crypto ETFs !
BitFlyer Holdings has acquired FTX Japan and plans to launch crypto-based ETFs. BitFlyer now wholly owns FTX Japan and intends to offer crypto custody solutions for institutional investors. CEO Yuzo Kano emphasized their goal to securely store BTC for ETFs, aiming to become a key industry infrastructure. FTX Japan was previously part of the collapsed FTX exchange.
▶️ Check More Details Here:
https://x.com/YuzoKano/status/1816703511079584041
🔔 US Senator Pulls Back Support for Elizabeth Warren’s Anti-Crypto Bill !
Republican Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act, which he co-created with Democrat Senator Elizabeth Warren in 2022. This leaves 18 senators still backing the bill, which aims to regulate the crypto industry under existing anti-money laundering laws. The bill has faced criticism for exaggerating crypto's role in illicit activities and potentially harming the U.S. crypto industry.
▶️ Check More Details Here:
https://www.congress.gov/bill/118th-congress/senate-bill/2669/cosponsors
🔔 Binance.US to Delist TrueUSD (TUSD) on 30 July !
Binance.US will delist TrueUSD (TUSD) as part of its regular review process for digital assets. Deposits for TUSD will close on July 30, 2024, at 2:00 a.m. UTC, and trading will end on July 31, 2024, at 3:00 a.m. UTC. Withdrawals will remain open until further notice.
▶️ Check More Details Here:
https://support.binance.us/hc/en-us/articles/25143697191447-Binance-US-Will-Delist-TrueUSD-TUSD-on-July-30-2024
🔔 Revolut Secures UK Banking License, Embracing Crypto-Friendly Status !
Revolut has obtained a U.K. banking license after a three-year wait, entering the mobilization stage with the Prudential Regulatory Authority. This move sets it up to become a full bank and offer crypto services. The fintech giant, valued at $45 billion, also plans to sell $500 million in employee-owned shares.
▶️ Check More Details Here:
https://www.revolut.com/news/revolut_receives_uk_banking_licence/
🔔 Bitstamp to Start Mt. Gox Creditor Repayments on July 25 !
Bitstamp will start distributing crypto to Mt. Gox creditors on July 25 after receiving 5,106 Bitcoin from the trustees. Additional transfers included Bitcoin Cash and Ether. Security checks will take a week before recipients gain full control of their coins. UK-based customers will receive their repayments within the next few months.
▶️ Check More Details Here:
https://x.com/Bitstamp/status/1816133303549800768
🔔 Franklin Templeton Considers Solana ETF Following Ethereum Success !
Franklin Templeton, an early issuer of a spot Bitcoin ETF in the U.S., is optimistic about future cryptocurrency ETFs, including Solana. In a July 23 post, the firm highlighted Solana's adoption and technological advancements. The same day, Franklin Templeton launched its spot Ethereum ETF on the CBOE BZX exchange with a 0.19% fee, waived to 0% until January 31, 2025, for the first $10 billion in fund assets.
▶️ Check More Details Here:
https://x.com/FTI_DA/status/1815830495403626816
🔔 Coinbase Seeks Court Order to Access Gensler’s Emails !
Coinbase has filed a motion to compel the SEC to produce Chair Gary Gensler’s private emails from his tenure starting in 2021. This comes after Coinbase's initial request in April faced resistance. The new motion seeks documents related to Gensler’s speeches on digital assets, arguing they are crucial for its defense against accusations of enabling illegal trading of unregistered securities.
▶️ Check More Details Here:
https://twitter.com/iampaulgrewal/status/1815855349779542333
🔔 dYdX v3 Compromised in Suspected DNS Attack !
The dYdX exchange announced on July 23 that its version 3.0 website has been compromised. Users are advised to avoid visiting the V3 site or clicking any links. The version 4.0 on Cosmos remains secure and fully operational.
▶️ Check More Details Here:
https://x.com/dYdX/status/1815780835473129702
🔔 BlockFi Finalizes Sale of FTX Claims, Readies Final Creditor Distributions !
BlockFi has sold its FTX claims, nearing the end of its bankruptcy process. The sale, concluded on July 10, will allow a near-term final distribution of 100% of eligible customer and creditor claims in fiat terms. This outcome is considered the best for BlockFi customers. Final distributions will begin soon, with fiat claims handled by Kroll and Digital Disbursements, though non-U.S. clients are still ineligible pending further verification.
▶️ Check More Details Here:
https://www.prnewswire.com/news-releases/blockfi-plan-administrator-announces-claims-sale-and-full-customer-recovery-302203082.html
🔔 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
🔔 Elon Musk’s X Eliminates Crypto Emojis, Leaving Community Puzzled !
Elon Musk’s X has removed several cryptocurrency emojis, including Bitcoin's, which had been in use for over four years. The crypto community expressed confusion and disappointment over the removal on July 25. Other cryptocurrencies like Crypto.com Coin and BNB also lost their emojis.
▶️ Check More Details Here:
https://x.com/DegenerateNews/status/1816658628280979850
🔔 Solana Protocol Solend Renames to ‘Save’, Unveils New Stablecoin and Token !
The Solend protocol on Solana has rebranded to Save and introduced new features: SUSD, a 0% interest stablecoin, saveSOL, a liquid staking token, and dumpy.fun, a memecoin shorting platform. Save aims for rapid growth through the deep integration of SUSD into its protocol.
▶️ Check More Details Here:
https://blog.save.finance/solend-is-now-save-c8a204ce5ea5?gi=0d560f985e29
🔔 Marathon Purchases $100M in Bitcoin, Returns to 'Full HODL' Strategy !
Marathon Digital Holdings has acquired $100 million worth of Bitcoin over the past month, planning to "HODL" as a strategic treasury reserve asset, according to CEO Fred Thiel.
▶️ Check More Details Here:
https://x.com/fgthiel/status/1816445977059868780
🔔 ETH Drops Over 7.5% Amid Increased ETHE Outflows !
Ether (ETH) is down over 7.5%, trading above $3,100, amid concerns about outflows from Grayscale's Ethereum Trust ETF (ETHE), which saw $810 million in net outflows. In contrast, other ETH ETFs saw inflows: BlackRock's ETHA with $283.9 million, Bitwise's ETHW with $233.6 million, and Fidelity's FETH with $145.7 million.
▶️ Check More Details Here:
https://sosovalue.com/assets/etf/us-eth-spot
🚨 MonoSwap Experiences Hack, Users Advised to Exercise Caution !
MonoSwap announced on July 24 that it had been hacked and urged users to withdraw their funds immediately. The breach occurred after a developer installed a phishing application during a call with scammers posing as venture capitalists, giving hackers access to the platform’s wallets and contracts. MonoSwap is investigating the incident and seeking help from venture capitalists to recover.
▶️ Check More Details Here:
https://x.com/monoswapio/status/1816151998267547851
🔔 Mt. Gox Transfers $335 Million in Bitcoin to Bitstamp and Unidentified Wallet !
Mt. Gox continued its repayments on July 24 by transferring 5,106 Bitcoin (BTC), worth approximately $335 million, to Bitstamp and an unknown address. According to Arkham Intelligence, 2,237 BTC ($147 million) went to Bitstamp, while 2,869 BTC moved to the unknown address, which then sent the funds to another wallet before they ended up at Bitstamp.
▶️ Check More Details Here:
https://platform.arkhamintelligence.com/explorer/tx/453e764f60d2564c1d3bfe31b1ce08e128768f965afa54db748b4ea1981d28ae
🔔 Spot Ethereum ETFs Reach Over $1 Billion in First-Day Trading Volume !
Seven months after Bitcoin's Wall Street debut, Ethereum spot ETFs began trading in the U.S., generating over $1 billion on their first day. Grayscale Ethereum Trust (ETHE) led with $456 million, followed by BlackRock's iShares Ethereum Trust (ETHA) at $240 million, and Fidelity Ethereum Fund (FETH) at $136 million.
▶️ Check More Details Here:
https://x.com/JSeyff/status/1815825964720415115
🔔 Spot Ethereum ETF Trading Officially Begins with Offerings from BlackRock, Grayscale, and Others !
Ether ETFs began trading in the U.S. on Tuesday, offered by firms like BlackRock, Fidelity, and Grayscale. This marks a significant step in integrating digital assets into mainstream finance. While bitcoin ETFs have attracted about $17 billion since January, ether ETFs are expected to be smaller due to less investor familiarity. The ETFs don’t offer staking, and management fees range from 0.15% to 2.50%, with Grayscale converting its private ether fund into two ETFs with different fees.
🔔 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