Bitget Protection Fund Hits $407M
Breaking: Bitget’s Protection Fund hits $407M in July 2024, a 35% surge. The fund ensures client asset security with 6,500 BTC held in public wallets, showcasing stability despite market volatility. $BTC #Update
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Ronin Bridge Hack Reported by Analysts
Breaking: Ronin Bridge potentially hacked, with $9.33M in losses. Operations suspended as investigation continues. Recurring vulnerabilities raise urgent need for enhanced crypto security. $RNB #CryptoSecurity #Update
OpenAI Co-Founder Joins Anthropic Team
Breaking: OpenAI co-founder John Schulman joins Anthropic to enhance AI alignment, focusing on ethical AI behavior. Meanwhile, OpenAI President Greg Brockman announces a sabbatical until late 2024. #AIAlignment #Update
Zoth Raises $4M to Enhance RWA Ecosystem
Zoth raises $4M to enhance its Real-World Asset ecosystem, including $100M in liquid bonds. Investors: Fat Cat Ventures, GemHead Capital, and Foundership Ventures. ZothFi offers stablecoin solutions on Ethereum and Polygon. #Update #CryptoNews
Crypto Week Toronto: Must-Attend Canada Event
Canada Crypto Week in Toronto from Aug 11-17 will feature 20+ events like hackathons, boot camps, and autograph sessions with Alex Tapscott, Ari Juels, and Annelise Osborne. Tickets are blockchain-based via METIS. #BlockchainFuturistConference #Update
Trump Memecoin DJT Plummets 99% Overnight
? TrumpCoin ($DJT) plummeted 99% after a major sell-off by a holder with 20% supply. Despite the crash, trading volume surged 1000%. Rumors swirl around Martin Shkreli and Barron Trump’s involvement. #Crypto #Update
SEC Moves to Dismiss Coinbase Document Request
The SEC seeks to dismiss @Coinbase’s request for 3M documents, including SEC Chair Gensler’s emails, calling it burdensome and irrelevant. Coinbase’s Paul Grewal stresses transparency in crypto regulation. This case may shape future crypto laws. #CryptoRegulation
Misinformation Scandal: Chatbot Targets Kamala Harris
State Secretaries from five U.S. states have accused @xAI’s chatbot Grok of spreading false claims about VP Kamala Harris’s presidential eligibility on @X. xAI corrected the misinformation on July 31, 2024. #ElectionIntegrity
Trump Demands US Stop Cryptocurrency Sales
Donald Trump urges the US to halt its cryptocurrency sales, emphasizing the need to foster the sector. With over 210,000 BTC held, Trump warns of losing ground to China if not prioritized. #Update #Crypto
Cryptology Accurately Predicts Bitcoin, Ethereum Crash
Cryptology forecasts Bitcoin’s next major resistance at $50,000 and Ethereum’s support around $3,000 amid a market crash. Key factors: market sentiment, regulatory news, and tech developments. Crucial insights for investors navigating volatility. #CryptoUpdate $BTC $ETH
Blockchain Hackathon Returns to Barcelona
Barcelona to host its second DeFi hackathon on Sep 25-26, 2024, during the European Blockchain Convention (@EBlockchainCon). 250 developers will create dApps, pushing for mass adoption of DeFi. #Update #DeFi #EBC10
Phishing Breach Compromises 2000 Crypto Wallets
AFP and @chainalysis uncover phishing attack affecting over 2000 crypto wallets in Australia, revealing $2.7B in losses since May 2021. Australian banks now restrict crypto transfers. #CryptoSecurity
Crypto Liquidations Surpass $1 Billion in 24 Hours
? The crypto market faced over $1 billion in liquidations within 24 hours, hitting $BTC and $ETH hard. Market volatility and new regulations spurred this turmoil, raising investor concerns. Analysts are split on the recovery. #CryptoNews
Bitcoin Access: Morgan Stanley Launches Exclusive ETF
Morgan Stanley will offer access to two spot Bitcoin ETFs to clients with over $1.5M in assets starting August 7, 2024, highlighting growing institutional interest in Bitcoin ETFs. This move could stabilize the volatile market. #CryptoNews