Crypto exchanges @krakenfx and @coinbase, along with blockchain firms like Fireblocks, have formed the Blockchain Security Standards Council to tackle security threats. The council aims to develop uniform security standards by 2024. #CryptoSecurity #Update
Rex Shares launches double-leveraged Bitcoin ETFs, challenging ProShares’ dominance. Analyst Eric Balchunas expects significant market impact. Spot Bitcoin ETFs hit $50B in assets, pushing BTC to a record $70K in March. Matt Tuttle of Tuttle Capital sees expanded digital asset offerings. #Update
Ethereum ($ETH) rises above $3,000 but faces resistance at $3,200. Analysts suggest bullish news, like the anticipated Ethereum ETF, could sustain momentum. A whale’s $50.3M withdrawal from Binance hints at large accumulations. #Update
Investors sue @BitwiseInvest for $2M over alleged securities fraud in the Bitwise 10 Crypto Index Fund. Claims include a pump-and-dump scheme and misleading info about buyback options. The Mukamal family reportedly lost $2M. Bitwise denies the charges. #Crypto #Update
Cryptocurrency fans are flocking to FatBoy by @CleevioX, a new Tamagotchi-like blockchain game. Launched with strong VC support, it raised $1.5M in 12 hours during its first token presale. #CryptoGaming #Update
Crypto.com and @unstoppableweb are offering 200 premium Web3 domains from July 10 to August 9, 2024, priced $20-$10,000. Secure your Web3 identity with simple, user-friendly names like “x.x” and “1.go.” #Web3 #Update
The Bank of Israel has delayed the digital shekel rollout to observe the European Central Bank’s digital euro launch, aiming to understand its impact on public adoption. #CBDC #Update
Toncoin ($TON) and KangaMoon show strong gains despite the crypto downturn. $TON is up 445% YTD, aiming for $15, while KangaMoon surged 120% this week, targeting $1 and a $1B market cap. #Update
Bitcoin mining stocks rebounded Wednesday with $RIOT and $MARA shares up over 1%. Gains of 1.5%+ were seen in $CLSK, $IREN, $CORZ, and $WULF as Bitcoin prices rose from $53,520 to $59,390. #Update
Bitcoin ($BTC) and XRP ($XRP) are in focus as the U.S. Senate Committee and Rep. Ro Khanna’s roundtable discuss future crypto regulations today. With the CFTC Chair and Ripple’s CEO participating, Bitcoin is up nearly 2% ($58,510.62) and XRP at $0.4417. #CryptoRegulations
Countries like the Bahamas, Nigeria, China, and Jamaica have launched central bank digital currencies (CBDCs), but adoption remains low. Only 3 out of 134 countries have fully launched CBDCs, with privacy concerns and technical divides hindering widespread usage. #Update
Nomic and @osmosiszone partner to waive Bitcoin bridging fees after a DAO vote with 99.6% approval. This move aims to boost $BTC liquidity on Osmosis. #CryptoNews #BTC
BOB secures $1.6M in funding, led by @Ledger, to enhance Layer 2 solutions for $BTC and $ETH. $1M will support new startups and dApp development. BOB’s EVM compatibility boosts its infrastructure for dApps, driving advancements in crypto. #Update #Blockchain
Analyst CryptoKnight predicts $FLOKI will hit $0.34 in 2024 after a 500% surge this year. PlayDoge’s presale raises $5.5M. Both show strong fundamentals and innovative ecosystems. #Crypto
