Stacks ($STX) nears $2 as institutional Bitcoin investments surge, jumping 12% to $1.66. Meanwhile, 99Bitcoins token presale raises $2.3M for crypto education, transitioning from ERC-20 to BRC20. #Update
Goldman Sachs (@GoldmanSachs) to launch three tokenization projects by 2024, focusing on real-world asset tokenization for institutional investors via private blockchains. Competing with BlackRock’s $500M BUIDL fund, this move aims to innovate asset management. #Update #Blockchain
Two altcoins, $GAL and $POLYX, surged over 8% due to new listings on South Korean exchanges UPbit and Bithumb. $GAL trading volume skyrocketed 737% to $198M, while $POLYX saw a 500% rise to $81.2M. #Update
Mastercard partners with @AlchemyPay to combat identity fraud in crypto payments using advanced machine learning. Alchemy Pay, valued at $400M, supports over 300 payment channels. This move highlights the importance of secure crypto transactions. #CryptoSecurity
Ripple CTO David Schwartz criticizes GOP’s stance on CBDCs, calling it “crazy.” He argues CBDCs bring innovation and should compete fairly. Despite some in crypto citing privacy concerns, Schwartz sees the debate on digital assets as progress. He warns of potential downsides to an anti-crypto stance. #Update
? The UK’s Solicitors Regulation Authority warns of a scam where fraudsters impersonate lawyers, demanding Bitcoin payments via fake emails. Verify legal communications through official channels to avoid falling victim. #CryptoScam #Update
Barcelona will host the European Blockchain Convention 2023 this September, featuring experts from @0xPolygon, @krakenfx, and @blockchain. EBC10 will cover digital assets, Web3, and DeFi, with 100+ sessions, startup battles, and exclusive social events. #BlockchainConvention #Update
Animoca Brands’ Mocaverse NFT ecosystem’s omni-chain token, $MOCA, is now listed on major exchanges including Bybit, HTX, BitMart, CoinList, MEXC, and KuCoin. Mocaverse also launched “Staking Power,” rewarding $MOCA holders with exclusive benefits. With 8.88B $MOCA supply, over half supports community operations. #CryptoNews
Nearly half of cryptocurrency investors are optimistic about market recovery, with 49.3% anticipating a positive turnaround, according to a @coingecko survey. Long-term investors are the most hopeful at 54%, while 25.5% remain neutral. #CryptoNews #Update
Decentralized social media, like Farcaster, offers better privacy and user control than centralized platforms, but faces challenges with UI and content moderation. HAM CEO Sean Papanikolas discusses innovations like smart wallets and social tipping. #Update #Decentralization
Binance is set to sell a majority of its Gopax stake to cloud provider Megazone, reducing its share from 72.26% to 10% by July’s end. This move aims to meet regulatory demands and improve corporate governance. #CryptoNews
Ethereum co-founder @VitalikButerin calls for automated defenses against 51% attacks on the blockchain. He urges for software to detect and counteract these threats, ensuring network security. Attacking $ETH could cost over $34B, highlighting the need for robust protection. #BlockchainSecurity
Bitcoin whales are increasing their holdings by 6.3% monthly, despite BTC trading at $58,200. The BTC accumulation trend score surged to 0.44, a three-month high. This strategic move indicates confidence in a market rebound. #Update #Bitcoin $BTC
Manta Network partners with @Bonk_inu to launch a meme-themed campaign on Manta Pacific, starting July 10, 2024. Participants can earn up to 690,000 $MANTA tokens by staking 1M $BONK and holding ETH or MANTA. #Update #CryptoNews
