Explore the latest updates from hodl.press, a fresh news platform delivering unbiased, ad-free coverage of Bitcoin, blockchain, and the broader crypto world. At Voted.News, we condense hodl.press stories into concise, reader-friendly summaries, ensuring you get clean, reliable insights without the noise.
BlockFi will start compensating U.S. clients via @Coinbase in July 2024 after concluding bankruptcy proceedings. The delays were due to regulatory challenges. Partnerships with Three Arrows Capital and FTX resulted in settlements of $409M and $874.5M. #Crypto #Update
U.S. Senator Bob Menendez, who called Bitcoin “perfect for criminals,” was convicted of bribery and acting as a foreign agent. He accepted gold bars, a Mercedes-Benz, and $480K in cash. Sentencing is on October 26, 2024. #CryptoRegulation #Update
Donald Trump’s campaign raised $331M in Q2 2024, including $3M in crypto donations from over 100 individuals. Major contributors included the Winklevoss twins and Jesse Powell, with donations in $BTC, $ETH, Shiba Inu, and ApeCoin. #CryptoUpdate
U.S. spot Bitcoin ETFs saw a net daily inflow of $422.67M on July 16, 2024, marking the eighth consecutive growth day. $IBIT led with $260.23M. Hong Kong mirrored this trend with 29.98 BTC inflows. Rising crypto prices boost investor sentiment. #Bitcoin #Update
Nine governments hold $34B in Bitcoin, led by the USA with 213,246 BTC ($13.9B) from criminal seizures like Silk Road. China has 190,000 BTC from Plus Token Ponzi. The UK holds 61,000 BTC. El Salvador, the only nation to legalize Bitcoin, owns 5,800 BTC. #CryptoNews
Valour Inc. launches a new ETP based on the NEAR Protocol token on Sweden’s Spotlight exchange, making NEAR ($NEAR) more accessible. This is Valour’s 12th crypto ETP since 2024, targeting the rising demand for secure, diversified crypto investments. #Update #CryptoNews
Bitwise CIO Matt Hougan predicts $ETH to reach $5000 post-spot Ethereum-ETFs launch by July 23, 2024. The launch is expected to boost prices, similar to Bitcoin-based products. Ethereum’s zero inflation and 40% locked supply support higher organic demand. #Update
Grayscale Investments launched the Grayscale Decentralized AI Fund, focusing on blockchain-based AI projects. The fund holds NEAR and RNDR tokens, making up over 57% of its assets. It’s rebalanced quarterly and targets AI solutions like chatbots and neural networks. #Update #Blockchain #AI
Governments of nine countries hold 517,414 BTC, worth $34B. The U.S. leads with 213,246 BTC, followed by China (190,000 BTC) and the UK (61,000 BTC). Ukraine ranks fourth with 46,351 BTC from donations and confiscations. #Bitcoin #Update
Mira, an AI-focused crypto startup, raised $9M in seed funding led by @BitkraftVC and @Framework_VC. Founded in 2024, Mira aims to simplify AI development with its Klok chatbot and plans to launch its own blockchain. Hiring 5 more professionals. #AI #Update
The Maelstrom Fund, founded by BitMEX co-founder @CryptoHayes, is offering grants from $50K to $250K to boost Bitcoin development. Funding in BTC, $USDC, and $USDT will be distributed by late 2024. Apply by Aug 25. #Update #Bitcoin #CryptoNews
Tools for Humanity has extended Worldcoin’s ($WLD) lock-up period from 3 to 5 years for 80% of team and investor tokens, boosting $WLD’s price by 9%. Starting July 24, 2024, the remaining 20% will be distributed daily. #Crypto #Update
Washington State DFI exposes a fake business school cryptocurrency scam. Victims were coerced into taking loans and sharing personal info on WhatsApp and Telegram. One scam, Excellence and Innovation Fortune, defrauded $300,000. Stay vigilant in crypto investments. #Update #CryptoScam
FTX agrees to a $12.7B settlement with the CFTC over fraud allegations, aiming to expedite Chapter 11 proceedings and compensate creditors. $4B is for disgorgement and $8.7B for damages. Court review on Aug 6, 2024. #CryptoRegulation #Update
