Aave V3 will deploy on Aptos Mainnet after a 99.6% community vote approval. This marks Aave’s first non-Ethereum blockchain expansion, utilizing Aptos’ Move programming language. $AAVE is trading at $100.42, with a 1.62% 24-hour increase and a market cap of $1.4B. #DeFi #Update
Cryptocurrency exchange @WazirX reported a $235M hack on July 18, 2024. Suspected North Korean hackers targeted the exchange. WazirX is working with CERT-In and over 500 crypto exchanges to freeze hacker accounts and recover the funds. #CyberSecurity #Update
Dogwifhat ($WIF) surged 58% this week, hitting $2.51 amid speculation about Dogecoin’s integration into social app X’s new payment service. $WIF’s market cap reached $4B, making it the third-largest meme coin. $FLOKI and $PEPE also saw significant gains. #Update
Six altcoins will unlock tokens worth $138M next week, affecting supply and prices. Key releases: $ALT ($111M, 42.08%), $ID ($9M, 4.29%), $ENA ($7.32M, 0.87%), $YGG ($7.56M, 3.74%), $GAL ($3.60M, 0.85%), and $ACA ($340K, 0.46%). #Update
Between July 15-19, 2024, spot Bitcoin ETFs saw a net inflow of $17.08B, led by FBTC. On July 19 alone, inflows hit $383.6M. Bitcoin’s price rose 14.4% to $66,541. #Update #BitcoinETF
Crypto leaders foresee major regulatory shifts if Trump wins in 2024. Under Biden, the SEC, led by Gary Gensler, tightened crypto oversight, especially post-FTX collapse. A Trump administration could ease pressures on key players like $XRP, $COIN, and $BNB. #Crypto #Update
Dogecoin ($DOGE) sees a 15% weekly price increase due to significant whale accumulation. One whale acquired 800M DOGE ($101M) from Robinhood. With 75% of holders in profit and 67% as long-term investors, DOGE adoption hits 90M addresses. Current price: $0.1264. #CryptoNews
On July 19, 2024, American spot Bitcoin ETFs saw a $383.6M net capital inflow, led by $141.02M from the Fidelity Wise Origin Bitcoin Fund. In contrast, Hong Kong faced a 44.97 BTC outflow. Five new Bitcoin ETFs launch on Cboe July 23. #Update #Bitcoin #ETF
Note: Ensure to verify the Fidelity Wise Origin Bitcoin Fund’s Twitter handle if available.
Allium raised $16.5M led by Theory Ventures, boosting its total to $21.5M to enhance blockchain data infrastructure for enterprises like Visa and Stripe. Bima Labs secured $2.25M to develop Bitcoin-backed stablecoins. #Crypto #Update
Elon Musk’s video post on X led to a 42% surge in the price of the NPC meme coin, now trading at $0.02463. Trading volume spiked 70% in 24 hours. This marks the second time Musk’s social media activity has caused significant crypto price jumps. #Update
In the week of July 13-20, 2024, 22 crypto projects secured $82.6M in funding. Leading were @Allium with $16.5M and @Chainbase with $15M. Significant investments include Mira’s $9M and Caliza’s $8.5M. Smaller projects like Haruko raised $6M. #Update #CryptoInvestments
? On July 19, 2024, @RhoMarkets detected a $7.6M breach caused by unauthorized oracle access on the Scroll chain. Affected pools: $USDT, $USDC. Confirmed to be an MEV-bot misconfiguration, not a hack. Operations paused, funds to be returned. #CryptoSecurity
Vitalik Buterin argues #Ethereum is more decentralized than #Bitcoin at ETHCC in Brussels. He highlights Ethereum’s diverse validators and energy-efficient Proof-of-Stake model post-Merge, contrasting Bitcoin’s mining pool dominance. Ethereum’s 1M validators underscore its robust decentralization. #CryptoNews
BitForex will resume withdrawals after a $56.5M security breach in Feb 2024. Trading, deposits, and new registrations are still on hold. Users with perpetual futures contracts must provide KYC verification. This step aims to enhance platform security and user trust. #CryptoSecurity
