? 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
Breaking: Ronin Network’s bridge hacked, losing $12M in $ETH and $USDC. Suspicious transactions detected; network paused to secure $850M in assets. This highlights urgent security needs in blockchain tech. #CryptoSecurity
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
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
? WazirX files FIR after $230M hack, collaborates with Delhi Police’s IFSO. Retracts loss distribution plan amid backlash. Committed to asset recovery and security enhancements. #CryptoSecurity $WAZIRX #Update
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
“Coinbase CLO Paul Grewal denies FEC complaint alleging $25M donation to Fairshake Super PAC violated federal rules. Grewal asserts unbiased donations and lawful operations. #Crypto $COIN #Update”
“Arthur Hayes warns of a second market crash despite current rebounds in crypto and equities. Market volatility persists, with Bitcoin hovering over $55,800. Investors should brace for ongoing turbulence. #Crypto #Update $BTC”
“India slaps Binance with an $86M tax bill for non-compliance. The notice alleges unregistered fee collection under the GST framework. This marks a significant regulatory move in the crypto space. #CryptoRegulation $BNB #Update”
Ethereum ($ETH) faces pressure as whales offload holdings post-crash. Whale Metalpha moved $73M to @binance, Jump Crypto transferred $231M since July 25, and US gov shifted 300 ETH. Grayscale’s ETF outflows hit $335M. #Update
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
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
“JPMorgan signals a buy-the-dip opportunity amid crypto recovery. $BTC rebounds above $54K after significant short liquidations. Market volatility spikes echoing April 2020 levels. Monitor potential Fed rate cuts. #CryptoUpdate #BTC”
Bitcoin hits multi-month low amid stock market crash and geopolitical tensions. Over $1B in crypto liquidations, largely long positions. Jump Crypto’s liquidation may have spurred ETH decline, with 100,000 ETH moved to exchanges. #Update #CryptoCrash
