The Enterprise Ethereum Alliance launches DeFi Risk Assessment Guidelines to address regulatory ambiguities and improve compliance. It influences licensing in Abu Dhabi and the EU, aiding financial giants like @BlackRock, @jpmorgan, and @GoldmanSachs. #DeFi
BH Digital, part of Brevan Howard, surged 20% in H1 2024, reaching $2.3B in AUM. Managed by billionaire Alan Howard, it outperformed other funds, reflecting growing institutional interest in crypto. #Crypto #Update
Anatoly Legkodymov, Bitzlato co-founder, gets 18 months for facilitating $700M in illegal crypto transactions but avoids extra jail time due to custody served. Judge cited harsh conditions. Bitzlato to dissolve, $23M assets forfeited. #cryptocrime
MNT, the token of Mantle Network, surged 12% to $0.8578 despite a broader crypto market decline. This comes as trading volume hit $240M and active addresses rose 19%. Mantle’s market cap is $2.8B. #Crypto #Update
.@realDonaldTrump is considering @jpmorgan CEO Jamie Dimon for Treasury Secretary if he wins. Dimon, a known Bitcoin critic, could push for stricter crypto regulations, impacting $BTC and other digital currencies. #Update
Propy partners with Parcl to enhance analytics for on-chain real estate. The initiative has tokenized over $10B worth of U.S. homes and aims to provide advanced tools for property valuation. #Blockchain #Update
Spot Ethereum ETFs launched, but @EYnews’ Paul Brody warns this doesn’t guarantee Solana ETF approval. Differences in decentralization and liquidity between $ETH and $SOL, plus fragmented U.S. regulations, complicate matters. #CryptoUpdate
India’s largest crypto platform, @WazirXIndia, was hacked, losing $235M, including $100M in $SHIB and $52M in $ETH. The attack, possibly by North Korea’s Lazarus Group, has led to a 9.2% Bitcoin discount in India. #CryptoSecurity
Mumbai’s @WazirXIndia faced a $230M hack due to a flaw in Liminal’s interface. Signs point to North Korea’s Lazarus group. Nearly half the funds offloaded; potential freeze on $102M. Highlights urgent need for better crypto security. #Update
Mt. Gox creditors face new security threats with numerous malicious login attempts reported. Despite recent scare, 55% of creditors plan to hold their Bitcoin, showing strong faith in $BTC. Security in bankruptcy proceedings remains crucial. #Update #Bitcoin
LI FI’s cross-chain aggregator suffers a $9.7M hack, mainly in stablecoins. Users are advised to avoid their apps and revoke approvals on flagged Ethereum addresses. This follows a $19.3M UwU Lend breach. #DeFi #Security
Former President Trump may announce a U.S. Bitcoin strategic reserve at the 2024 Bitcoin Conference in Nashville. Speculations hint Trump will declare $BTC a reserve asset, positioning it alongside gold. This move could legitimize Bitcoin. #Update
Bitfarms’ new CEO Ben Gagnon outlines ambitious goals: achieving 21 EH/s by year-end and 35 EH/s by 2025. Analysts recommend buying $BITF, citing undervaluation and growth potential. New facility in Pennsylvania to boost U.S. presence. #BitcoinMining
Zeebit launches the first Web3 microgaming platform on @Solana’s Sonic SVM Layer 2, featuring provably fair casino and PVP games. Users can earn Zeebit points and Sonic rings during the testnet phase. #Web3Gaming
