The U.S. Senate urges the @DeptofDefense to explore blockchain for national security via the NDAA 2025. By April 1, Defense Secretary Lloyd Austin must report on its potential to enhance logistics and cybersecurity. #Blockchain #Update
ShardLab unveils a new app using NFTs, zero-knowledge proofs, and account abstraction for secure voucher distribution. Launched at Southeast Asia Blockchain Week 2024, it was successfully tested at ICONSIAM, integrating with retail systems at 60+ locations. #Blockchain #Update
Parties in the Ripple lawsuit filed motions to seal exhibits following a favorable order for Brad Garlinghouse, Ripple Labs, and XRP II. Judge Hamilton set deadlines for motions and hearings in July. Meanwhile, whales are accumulating $XRP ahead of the final judgment on penalties. #Update
Ethereum’s price surged 10.5% to $3,112 as investors anticipate the SEC’s approval of spot $ETH ETFs. Companies like @VanEck filing final documents drive the rise, yet direct Ether investment offers better long-term value due to lower fees. #Update
Bitcoin miner @Hut8Mining secures a 205MW power deal in West Texas, boosting capacity to 1.3GW. This milestone, backed by $150M from Coatue, aims to support Bitcoin mining and AI. #Bitcoin #Update
? On July 9, $XRP faced volatility as whale movements totaled 237M coins. Significant transfers included 35.35M to Bitstamp and 150M from Ripple to an unknown wallet. Price dipped 1.33% to $0.4347. With the Ripple lawsuit nearing conclusion, market speculation intensifies. #CryptoNews
FTX will repay creditors $14B-$16B by late 2024, boosting the crypto market. Smaller claims get 118% in 60 days; larger claims receive 127%-142%. With the U.S. elections, this $16B liquidity surge is expected to drive growth in $BTC and $ETH. #Update
SGX CEO Loh Boon Chye confirms no Bitcoin or crypto ETF listings on $SGX due to current market conditions, diverging from global trends in Hong Kong, the U.S., and Australia. Future listings may occur as the ecosystem evolves. Focus remains on Asian derivatives and global REIT listings. #Update
Coinbase users report a surge in scams, with one user losing $1.7M after disclosing part of their seed phrase to fraudsters posing as Coinbase employees. This highlights the need for vigilance and stronger security in the crypto space. #CryptoSecurity #Update
Invesco Galaxy discloses a 0.25% annual sponsor fee for its Spot Ethereum ETF in an updated S-1 filing. This move intensifies competition in the Ethereum ETF market, featuring major firms like BlackRock and Fidelity. #Ethereum $ETH #Update
Cardano’s Node 9.0.0 launched on July 8, enabling on-chain governance and Plutus script support. Upgrade essential for the upcoming Chang hard fork. #Cardano #CryptoNews
Demand for blockchain developers on Ukraine’s @DOU_UA surged 67% in 6 months. Job posts rose from 55 to 92, driven by growth in blockchain tech and meme coins. Major firms like @cryptocom, @coinbase, and @binance are hiring, with Crypto.com adding 700 positions. #Blockchain #Update
Hex Trust partners with Monad Labs to offer custody services for the Monad layer-1 blockchain. This makes Hex Trust the first custodian for Monad’s ecosystem, enhancing secure and efficient transaction processing. #Crypto #Update
Singapore court rules Multichain owes $2.18M to @FantomFDN for 2023 hack losses. The decision allows Fantom to recover assets lost in a July exploit. The case highlights the need for secure, decentralized control in crypto projects. #CryptoSecurity
