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🇺🇸 Joe Biden drops out of United States presidential race

United States President Joe Biden has officially withdrawn from the 2024 Presidential election, just four months before election day.

In a July 21 statement, Biden didn’t cite his reasons for stepping down, instead merely claiming that it was in the "best interest of my party and my country." His absence leaves the Democrats to face the 2024 election day, set for Nov. 5, without his candidacy.

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🚨BREAKING: 🇺🇸 Joe Biden officially drops out of the 2024 presidential race.

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$DOGE open interest up 19% amid price 'breaking out' to monthly high 📈

Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed just yet.

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📉 Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms

Meta will reportedly cut the budget of its Reality Labs, the division responsible for developing the company’s metaverse hardware and software, by about 20% between now and 2026.

This comes via a report from The Information and aligns with recent indications that Meta plans to shift Reality Labs into production mode ahead of several high-profile hardware launches slated over the next couple of years.

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Crypto firms’ vulnerability to CrowdStrike blackout: Analyst insights 💪

The recent data blackout CrowdStrike experienced has raised questions about its potential impact on various industries, including cryptocurrency firms. Blockchain researcher and ex-CEO of Naijacrypto Chiagozie Iwu provided insights into how the disruption could have affected crypto companies and offered recommendations to mitigate associated risks.

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New zero energy storage tech could lead to immortal blockchains

Today’s tech allows us to preserve data for thousands of years with zero energy usage, tomorrow’s could ensure Satoshi’s vision lives on forever.

https://ct.com/csx0

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Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms

Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs.

https://ct.com/csw3

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Cointelegraph

CBOE gives official launch date for spot Ethereum ETF 🚀

Five spot #ETFs will begin trading on the Chicago Board Options Exchange on July 23, “pending regulatory effectiveness,” CBOE announced on July 19.

The five spot Ether ETFs are the 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF.


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🗞 Missed the news? Here's what's happened over the last 24 hours!

💰 BlackRock's BTC ETF investors keep buying despite ‘plummeted’ Bitcoin outlook

🥷 Tornado Cash sees $1.9B resurgence this year despite sanctions

🚨 WazirX hacker funnels $149M of $SHIB, $MATIC other altcoins into $ETH

🚨 Major banks, media outlets, airlines, offices, hospitals, and businesses worldwide are experiencing significant IT outages. 🚨

🐹 Hamster Kombat users targeted by phishing attacks and fake airdrops

🚨 CrowdStrike CEO George Kurtz has provided crucial updates regarding the cybersecurity firm’s recent downtime, reassuring customers that the incident was not a security breach or cyberattack.

💍 Ever imagined carrying your crypto on your finger?

👀 Pavel Durov announces Telegram updates for 2024

🗣️ Elon Musk has accused the European Commission of offering X an "illegal secret deal" to suppress free speech in exchange for avoiding fines.

🇬🇧 Will UK Labour gov’t follow Germany’s example and liquidate 61,245 $BTC?

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Cointelegraph

Elon Musk has accused the European Commission of offering X an "illegal secret deal" to suppress free speech in exchange for avoiding fines. The Commission’s press release, issued on July 12, alleges that X is in violation of the Digital Services Act (DSA) on several counts, including selling verified blue checkmarks, lacking advertising transparency, and not sufficiently aiding researchers.

Musk's response claims that the Commission’s approach involves covert censorship, which he and many X users oppose.

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Cointelegraph

Ever imagined carrying your crypto on your finger? 💍

Dive into Tangem’s new crypto ring that’s set to change self-custody forever.

Listen now! 🎧

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🐹 Hamster Kombat users targeted by phishing attacks and fake airdrops

Cryptocurrency scammers are trying to bank on the viral popularity of the Telegram-based clicker game, by staging fraudulent airdrops.

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Cointelegraph

🚨 Update: WazirX hacker funnels $149M of $SHIB, $MATIC other altcoins into $ETH

Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen.

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Cointelegraph

BlackRock's BTC ETF investors keep buying despite ‘plummeted’ Bitcoin outlook

The amount of positive Bitcoin commentary on social media is just a third of what it was four months ago, according to Santiment.

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Cointelegraph

📉 Shiba Inu ($SHIB) has dropped 10% following the $235M hack at Indian crypto exchange WazirX, which involved $100M worth of SHIB.

This decline has increased concerns of a potential sell-off. Other affected assets include Ether, Polygon, and Floki.

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Cointelegraph

🚨JUST IN: Joe Biden endorses Kamala Harris as democratic presidential nominee

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SETI, NASA scientists think AI could teach aliens about Earth

The question is: which model best represents humanity?

https://ct.com/csyl

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Are you ready for the July 23 launch of nine spot Ethereum ETFs? 🤩

For the first time, shares of publicly-traded Ethereum (ETH) ETFs will be listed alongside the likes of Apple Inc (AAPL) and SPDR S&P 500 ETF Trust (SPY) on some of the United States’ most popular brokerage platforms.

The anticipated listings are a defining moment for cryptocurrency markets and an opportunity for millions of US institutional and retail investors.

👉 Here’s what you need to know to make the most of it 🚀

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Cointelegraph

South Korea's strict laws on crypto exchanges come into force 🇰🇷

South Korea's "Virtual Asset User Protection Act" (VASPs) took effect on July 19. Designed to protect crypto asset buyers and holders, it aims to enhance security and trust in the virtual asset space.

👉Read More Here

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Cointelegraph

ETH price may dip after spot Ether ETF 'novelty' wears off due to surging supply 😬

Ethereum’s price might decline after the initial buzz surrounding spot Ethereum exchange-traded funds (ETF) wears off if its supply continues to increase at the current rate, according to an analyst.

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‘10:1’ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital 🧐

The idea of the United States government holding a Bitcoin strategic reserve may be "bullish" for its price, but it is unrealistic to actually come to fruition in the near term, according to Ari Paul, chief information officer at BlockTower Capital.

“I’d lay 10:1 against the US adding Bitcoin as a strategic reserve in the next 4 years,” Paul wrote in a July 18 X post.

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Cointelegraph

TON Network TVL surpasses $760M — Is this bullish for TON price? 🤔

Despite being relatively new to the decentralized applications (DApps) ecosystem, the TON Network has surpassed Optimism to become the tenth largest blockchain in terms of total value locked (TVL).

👉Read More Here

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Cointelegraph

Donald Trump’s crypto platform is missing one thing

President Biden has been ruthless in his quest to eradicate the crypto industry. Trump should commit to pardoning the developers that Biden imprisoned.

https://ct.com/csqr

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Cointelegraph

🇬🇧 Will UK Labour gov’t follow Germany’s example and liquidate 61,245 $BTC?

After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country’s Bitcoin holdings for the party’s goals.

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Cointelegraph

👀 Pavel Durov announces Telegram updates for 2024

Telegram will introduce several key updates:

1️⃣ A new mini app store will be launched, along with an in-app browser that supports Web3 pages, making it easier for users to access blockchain applications.

2️⃣ Telegram will strengthen its fight against cryptocurrency scams by displaying the registration month and primary country for public accounts, similar to Instagram’s approach.

3️⃣ Additionally, organizations will be able to use mini apps to issue verification labels for channels, creating a decentralized marketplace for third-party verification

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Cointelegraph

🚨 Update: CrowdStrike CEO George Kurtz has provided crucial updates regarding the cybersecurity firm’s recent downtime, reassuring customers that the incident was not a security breach or cyberattack.

CrowdStrike has identified and isolated the problem, and a fix has been deployed.

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Cointelegraph

🚨 Breaking: Major banks, media outlets, airlines, offices, hospitals, and businesses worldwide are experiencing significant IT outages. 🚨

A widespread Blue Screen of Death (BSOD) issue is affecting thousands of Windows machines, disrupting operations in banks, airlines, TV broadcasters, supermarkets, and many other industries globally.

The cause has been identified as a faulty update from cybersecurity provider CrowdStrike.

Crowdstrike stock, $CRWD, falls over 12% in pre-market trade after an apparent global outage.

Countries affected include Australia, New Zealand, India, Japan, the U.S., and the UK.

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Cointelegraph

Tornado Cash sees $1.9B resurgence this year despite sanctions

The volume of new deposits into the OFAC-sanctioned crypto mixer has jumped significantly in the first half of 2024.

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Cointelegraph

🗞 Missed the news? Here's what's happened over the last 24 hours!

💰 Mt. Gox creditors report multiple brute force attempts on their accounts

⚡️ Bitcoin holders falling by 670K is a good sign for rebound

🚨 WazirX India’s Safe Multisig wallet on the $ETH network has been compromised.

🗣️ Ether could reach $5,000 by year's end

🗣️ Ethereum co-founder Vitalik Buterin warns against blindly supporting politicians who claim to be "pro-crypto"

👀 Polygon Labs will migrate from its $MATIC token to the new $POL token on September 4 as part of its Polygon 2.0 roadmap

🎧 Uncover how a major crypto exchange fell victim to a massive security breach.

📈 Bitcoin could reach $110,000 in its next major rally, despite forming a pattern of “lower highs and lower lows”

🎧 How crypto and blockchain can truly revolutionize financial inclusion worldwide?

📉 Shiba Inu ($SHIB) has dropped 10% following the $235M hack at Indian crypto exchange WazirX

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Cointelegraph

If you could only HODL one cryptocurrency, which would it be? Share in the comments 🧐

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