Blockchain sleuth ZachXBT reveals attacker behind Scroll-supported Rho Markets incident is willing to return $7.6M, citing a configuration error, not a hack. Rho Markets pauses for investigation. #DeFi #Update
Grayscale Investments announces $GBTC spinoff into mini Trusts, launching on July 31. New Bitcoin and Ethereum mini trusts will have competitive fees, including zero fees for the first $2B AUM for six months. This strategic move aims to compete with low-cost ETFs. #Crypto #Update
John Deaton, U.S. Senate candidate in MA, receives $1M in Bitcoin from @winklevoss twins. Each donated $500K, showing strong support for pro-crypto politicians. This highlights growing crypto influence in politics and potential for favorable regulations. #CryptoPolitics #Update
? Breaking: The Terraform Labs Chapter 11 case sees major developments. A court order allows reopening the Shuttle Bridge and burning 150M $LUNA, improving security and value. LUNA price up 0.29% at $0.4378. This marks a crucial step in Terra Classic’s recovery. #CryptoNews
Robinhood (@RobinhoodApp) must pay $9M for sending unwanted texts via its referral program, violating consumer laws. The settlement aids 827K+ consumers and includes $2.2M in legal fees. Despite this, Robinhood eyes crypto futures expansion. #Update
$SOL surged 32% this month, hitting $163.8, its highest since June. Robust on-chain data and a rise in unique active wallets drove growth. Solana outperformed Ethereum in DEX volume, handling $13.2B in 7 days. #CryptoNews
? The Hong Kong Stock Exchange ($SEHK) will debut Asia’s first Bitcoin inverse product on July 23, aligning with the U.S. launch of the Spot Ethereum ETF. Managed by CSOP, it offers a regulated way to hedge or profit from BTC price declines. Key features: 2.00% annual charge, -0.05% tracking difference.
#Bitcoin #CryptoNews
Copper collaborates with @dfinity to let institutions manage and stake ckBTC, ckETH, ckUSDC, and ICP assets securely. The partnership integrates SNS and ICRC token standards, boosting Web3 and DeFi ecosystems. #Update
Tether CEO Paolo Ardoino urges investments in decentralized tech after a global IT outage highlights vulnerabilities in centralized systems. Resilient systems are crucial for stability. #Crypto #Updates
RhoMarketsHQ on Scroll’s Ethereum Layer 2 suffered a $7.6M breach due to an oracle misconfiguration, affecting USDC and USDT pools. Operations were paused for investigation. The attacker offered to return funds if the issue was acknowledged as a system flaw. #DeFi #Update
Bitcoin remains below $65K as @realDonaldTrump skips mentioning crypto in his RNC speech, despite $180K in bets on Polymarket. Historical data shows presidents have minimal impact on long-term crypto growth. #Bitcoin #Update
Galaxy Digital (@galaxydigital) acquires CryptoManufaktur in a $1B deal, boosting staked Ethereum assets by 43%. This move enhances their blockchain infrastructure and Oracle Data-as-a-Service capabilities. CMF’s team, including founder Thorsten Behrens, joins Galaxy, strengthening their services. #Update #Ethereum
WazirX is working with 500+ exchanges to recover $230M lost in a hack. The breach, involving a multisig wallet, was reported to the FIU and CERT-In. WazirX is blocking hacker addresses and collaborating with experts to boost security. #CryptoSecurity
Analysts at @BinanceResearch report optimism for the crypto market, expecting catalysts to boost performance this year. Key factors include spot $ETH ETFs launching July 23 and Bitcoin halving. Bitcoin is now at $64,367, up from June lows. #CryptoUpdate
