$24 Million Transfer to goldCOMP Protocol Canceled
Compound Finance and the Golden Boys resolved the dispute concerning the controversial Proposal 228, which sought to allocate 500,000 COMP to the goldCOMP protocol.
Bitcoin Holder Murdered in Kyiv
Kyiv police announced on July 29 the arrest of four suspects in the murder of a 29-year-old foreigner who possessed bitcoins valued at nearly 7 million hryvnias (~$170,000).
Mempool Launches BTC Transaction Accelerator
The off-chain service Mempool Accelerator allows users to speed up transaction confirmations for an extra fee.
The Bitcoin Research Institute to Open in Wyoming
In August 2024, the University of Wyoming will launch the UW Bitcoin Research Institute (BRI), headed by associate professor and Bitcoin advocate, Bradley Rettler.
OpenAI Is Testing SearchGPT: A Potential Google Competitor?
On July 25, OpenAI announced the development of a new prototype called SearchGPT. This tool will enable users to obtain quick and precise answers from relevant online sources.
dYdX Releases Report on July 23 DNS Attack
The attack was linked to a forced migration of domains from Google Domains to Squarespace.
British Branch of Coinbase Hit with $4.5 Million Fine
The UK financial regulator, FCA, fined CB Payments Limited (CBPL), a subsidiary of Coinbase Group, £3,503,546 (approximately $4.5 million) for servicing high-risk clients.
WazirX Discloses Hacking Investigation Details
The exchange asserts that their computers showed no signs of compromise during the recent incident, pointing to the breach of their custodian, Liminal Custody, as the main factor.
Are Crypto Enthusiasts Misjudging Trump and Harris?
Anthony Scaramucci, the founder of SkyBridge, has voiced his concerns regarding the crypto community’s perceptions of the current presidential candidates.
A Recap of the Second Day in U.S. Spot ETH ETF Trading
The total net inflows on the second trading day (July 24) turned negative (-$133.16 million), according to data from SoSoValue.
Proton Introduces Its Own Crypto Wallet
The non-custodial Proton Wallet beta is now accessible to a select group of users.
A Recap of the First Day in U.S. Spot ETH ETF Trading
July 23 marked the debut of spot Ethereum ETFs in the U.S. trading markets. According to data from a Bloomberg terminal screenshot shared by analyst James Seyffart, the total net inflows amounted to approximately $106.8 million, with the overall trading volume surpassing $1.11 billion.
Riot Platforms Acquires Block Mining
The mining firm has purchased its rival for $92.5 million, paying $18.5 million in fiat and the remainder in Riot common stock valued at $74 million.
U.S. Plans to Establish a Task Force for Crypto Asset Supervision
The US House of Representatives unanimously passed the Financial Technology Protection Act (H.R.2969), which seeks to create a specialized task force to tackle the use of digital assets in criminal activities.
BlackRock Starts Shilling Ethereum
Jay Jacobs, BlackRock’s Head of Thematic and Active ETFs, explained the primary allure of ETH compared to BTC while presenting the company’s spot Ethereum ETF to investors. He emphasized that Bitcoin’s main attraction is its scarcity, whereas Ethereum’s appeal lies in its versatility.
Grayscale Sets Sights on Ethereum ETF Market Leadership
Grayscale launched the Ethereum Mini Trust, offering an introductory zero-fee period (0% commission) for the first 6 months or up to $2 billion. Subsequently, the commission will be 0.15%, the lowest in the market, excluding initial discounts.
Gensler’s Post-Election Future: What to Expect
Markus Thielen, founder of 10x Research, believes that Gary Gensler, the current Chair of the US Securities and Exchange Commission (SEC), will step down in January or February 2025, assuming a win by Donald Trump. Gensler’s term is set to end in June 2026.
ApeCoin DAO Plans to Venture into the Hospitality Industry
ApeCoin DAO members are voting on a proposal to establish a themed hotel in central Bangkok, Thailand. The hotel would feature rooms inspired by APE tokens, the BAYC NFT collection, Otherside, Apechain, Mocaverse, and more.
Two Animoca Brands Subsidiaries Partner with TON Foundation
These projects are the digital identity platform Mocaverse and the token developers, the MOCA Foundation.
Hackers Disguise Stolen YouTube Channels as Ripple Accounts
During the weekend, hackers compromised two popular South Korean YouTube channels, tvN Drama and TVING.
USPS Leaks Customer Data to Meta, Snap, and LinkedIn
The United States Postal Service (USPS) inadvertently shared email addresses from its Informed Delivery service with companies such as Meta, Snap, and LinkedIn. This happened via a tracking tool meant for analyzing website visits.
OpenAI Unveils a New Model
OpenAI launched its new language model, GPT-4o Mini, described by the company as “the most functional and cost-effective yet.” Future updates are planned to include image, music, and video processing capabilities.
Kraken Takes on Institutional Market Rivals
Kraken’s institutional arm has begun offering services to clients in the UK and Australia, catering to hedge funds, ETF issuers, and other large entities with advanced management and functionality.
Investors Face High Fees Again with Grayscale
The structure of upcoming spot Ethereum ETFs in the US is becoming evident. Most issuers are setting initial client discounts that transition into fees between 0.19% and 0.25%.
Buterin Critiques Blind Support for Pro-Crypto Politicians
In a recent blog post, Ethereum founder Vitalik Buterin addressed the growing trend of endorsing politicians who claim to support the crypto industry. He notes that positive sentiment towards cryptocurrencies is insufficient. Supporting certain crypto advocates in elections might conflict with the cypherpunk values that initially shaped the first crypto communities.
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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
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Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.