Plaintiffs renew lawsuit against @Tether_to and @bitfinex, alleging market manipulation of Bitcoin and other cryptos with unbacked USDT tokens. Despite previous accusations and a $18.5M settlement, Tether’s market cap hits $113B. #Update #CryptoNews
Worldcoin Foundation extends token lock-up for early contributors from 3 to 5 years to ensure project stability. 211M $WLD tokens claimed by World ID holders, 7.22B held for long-term sustainability. #CryptoNews #Update
Pepe surged 22% today, driven by Ethereum spot ETFs launching on July 23. $PEPE reached a new high at $0.00001172 with a $4.9B market cap. Meanwhile, PlayDoge raised $5.7M in presale with its P2E game. #Update #Crypto
Spot Bitcoin ETFs have surged to $16.16B, outpacing estimates. Major players like @MillenniumMgmt, Apollo Global, and Susquehanna hold 17% of assets. Meanwhile, Grayscale Bitcoin Trust faces outflows due to high fees. #Update $BTC #CryptoNews
Backed launches tokenized equities for $MSFT, $GME, $MSTR, $TSLA, $GOOGL, enabling 24/7 trading for non-US investors on the blockchain. Stocks can be used as collateral in DeFi. #BlockchainFinance
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Neobanks like @RevolutApp and @n26 are simplifying access to decentralized finance (defi) products, allowing users to borrow, trade, and earn interest on cryptocurrencies without traditional banks. This could democratize finance, making #defi accessible and secure for everyone. #Update
Satoshi Protocol, backed by @CMSHoldings and RockTree Capital, raised $2M to enhance security and integrate Layer-2 solutions. Bitcoin holders can now mint SAT stablecoins as collateral. The move boosts BTC liquidity options. #Bitcoin #CryptoNews
? @krakenfx partners with Tottenham Hotspur as Official Crypto & Web3 Partner. Starting 2024/2025, Kraken will also be the Official Sleeve Partner for all Men’s and Women’s teams. This multi-season deal aims to enhance fan experience and crypto education. #CryptoNews
LI.FI, a decentralized protocol, suffered an $8M hack affecting cross-chain swaps for Jumper. Hackers drained stablecoins and converted some to $ETH. Users with infinite approvals were impacted. #DeFi security remains crucial. #Update
Shiba Inu’s price surged, hitting $0.0000020, its highest since June 17, amid a broader crypto recovery. Despite this, SHIB token burns have slowed, averaging less than 200,000 daily since the peak burn of 72M on the 11th. #Update
Loka partners with Hashlabs to boost Bitcoin mining liquidity via a new DeFi protocol. Miners in Ethiopia, Finland, and Kazakhstan can now sell future rewards, leveraging renewable energy for sustainable mining. #BitcoinMining #Update
Kraken confirms receiving $BTC and $BCH for Mt. Gox creditor repayments. Distributions to users will occur within 14 days. Mt. Gox recently transferred $6B in Bitcoin. This could affect market dynamics. #Update
Coinbase narrows its subpoena to focus on SEC Chair Gary Gensler’s communications since April 2021, aiming to showcase his evolving views on crypto regulations. Judge concerns led to this refinement. SEC’s response due August 5. #CryptoRegulations
Bitcoin’s hashrate hit a post-halving low while its price climbed above $60K. Difficulty set to rise as 7-day average hashrate surpasses 600 EH/s. Despite low transaction fees, miners face challenges ahead. #Update #Bitcoin $BTC
