Spot Ethereum ETFs launched, but @EYnews’ Paul Brody warns this doesn’t guarantee Solana ETF approval. Differences in decentralization and liquidity between $ETH and $SOL, plus fragmented U.S. regulations, complicate matters. #CryptoUpdate
India’s largest crypto platform, @WazirXIndia, was hacked, losing $235M, including $100M in $SHIB and $52M in $ETH. The attack, possibly by North Korea’s Lazarus Group, has led to a 9.2% Bitcoin discount in India. #CryptoSecurity
Ukraine explores blockchain in government sector for land registry, customs, and real estate. Key projects include State Land Cadastre, Customs Service, and the e-hryvnia by @NBUkraine. Blockchain aims to prevent data manipulation and boost cybersecurity. #Blockchain #Update
Mumbai’s @WazirXIndia faced a $230M hack due to a flaw in Liminal’s interface. Signs point to North Korea’s Lazarus group. Nearly half the funds offloaded; potential freeze on $102M. Highlights urgent need for better crypto security. #Update
Donald Trump may announce Bitcoin as a U.S. strategic reserve asset at a crypto conference in Nashville. This move could legitimize Bitcoin as “digital gold,” boosting prices and attracting investors. Experts believe this could enhance economic resilience and stability globally. #BitcoinNews
XION launches EarnOS beta, featuring @Uber and Baskin Robbins. The platform simplifies Web3 adoption with email access and USDC transactions. Over 200K users engaged, driving 1.3M brand interactions. $25M funding secured in April 2024. #Web3 #Update
Mt. Gox creditors face new security threats with numerous malicious login attempts reported. Despite recent scare, 55% of creditors plan to hold their Bitcoin, showing strong faith in $BTC. Security in bankruptcy proceedings remains crucial. #Update #Bitcoin
LI FI’s cross-chain aggregator suffers a $9.7M hack, mainly in stablecoins. Users are advised to avoid their apps and revoke approvals on flagged Ethereum addresses. This follows a $19.3M UwU Lend breach. #DeFi #Security
Former President Trump may announce a U.S. Bitcoin strategic reserve at the 2024 Bitcoin Conference in Nashville. Speculations hint Trump will declare $BTC a reserve asset, positioning it alongside gold. This move could legitimize Bitcoin. #Update
OKX to exit Nigeria by Aug 16, 2024, due to new regulations. Users must withdraw assets by Aug 30, 2024. This follows the suspension of Naira support in May and a similar exit in India, reflecting global regulatory pressures. #Crypto #Nigeria
Bitfarms’ new CEO Ben Gagnon outlines ambitious goals: achieving 21 EH/s by year-end and 35 EH/s by 2025. Analysts recommend buying $BITF, citing undervaluation and growth potential. New facility in Pennsylvania to boost U.S. presence. #BitcoinMining
Zeebit launches the first Web3 microgaming platform on @Solana’s Sonic SVM Layer 2, featuring provably fair casino and PVP games. Users can earn Zeebit points and Sonic rings during the testnet phase. #Web3Gaming
ZetaChain launches Gateway and Localnet to enhance cross-chain interactions, allowing seamless token transfers and smart contract calls across multiple networks, including Bitcoin. The update simplifies operations and improves scalability for developers and users. #BlockchainInteroperability #Update
Polygon Labs will migrate $MATIC tokens to $POL on Sept 4, 2024, as part of #Polygon 2.0. The new token retains MATIC’s tokenomics and aims to boost liquidity and functionality. Users on the Polygon network will experience automatic conversion. #Update
