US Bitcoin ETFs saw $20.45M outflows on July 3, 2024, marking the second consecutive day of withdrawals. Grayscale’s $GBTC fund lost $27M, while Fidelity’s $FBTC gained $6.55M. Similar trends in Hong Kong signal a potential shift in global sentiment. #Update
CoinEx repurchased and burned $3.16M in CET tokens in Q2 2024, cutting supply by 49.6M tokens to boost market value and stability. CET holders benefit from fee discounts and VIP status. CoinEx allocates 20% of daily commissions to repurchases. #Update #CryptoNews
Two Hong Kong kidnappers arrested after demanding a $660,000 USDT ransom for a child abducted in Tseung Kwan O. The boy was rescued by police. This case highlights rising crypto-related crimes and the need for better security. #Update
MANTRA’s OM token surged 11% to $0.89 after a $500M real estate tokenization partnership with UAE’s MAG Group Holding. OM continues to outperform top 100 cryptocurrencies. Could reach a new ATH if bullish trends persist. #Update $OM
Symbiotic Protocol’s TVL has hit $1B within a month of launching its restaking program. Backed by $5.8M from investors like @Paradigm, it supports multiple ERC-20 tokens, boosting its scalability and customization. Holding 210,600 wstETH shows its rapid asset attraction. #Update
The Web3 Foundation has awarded Dot Play a Decentralized Futures Grant to boost Polkadot’s gaming sector. Dot Play will develop a platform with essential tools for game developers. #Polkadot #Web3 #Updates
The National Bank of Ukraine is considering limits on bank card P2P transactions, capping them at 30 per month and 100,000 UAH. This move, detailed by Deputy Chairperson Rozhkova, aims to regulate financial transactions, impacting the crypto sector’s liquidity and freedom. #FinancialRegulation
Binance.US faces a court battle with the SEC over its ICO, BNB Vault program, and staking services. The SEC continues its probe despite Binance’s $4.3B settlement with the DOJ. Outcome could reshape the crypto landscape. #CryptoRegulation
Orbs launches its Liquidity Hub on Fenix Finance, enhancing liquidity and capital efficiency for Blast users. This integration promises reduced slippage, gas-free transactions, and MEV protection. Fenix Finance has seen $150M in volume since its Open Beta. #Update #DeFi
.@SlowMist_Team reports $20.66M stolen in Q2 2024 across 467 incidents. Key vulnerabilities: private key leaks, phishing, and Binance Smart Chain fraud. They recommend Scam Sniffer, MistTrack, and GoPlus’s Token Security Detection. #CryptoSecurity #Update
On July 4, 2024, minor capital movements were detected in wallets linked to the bankrupt Mt. Gox exchange, hinting at impending repayments to creditors in Bitcoin and Bitcoin Cash. Analysts worry this may pressure the market, potentially driving $BTC prices down. #Update
Crypto market growth slows as complex KYC protocols deter investors despite 425M users. Stricter measures, beyond U.S. regulation requirements, impact liquidity and increase volatility. AI-based fraud detection could enhance approvals and boost adoption. #CryptoNews #Update
Bitdeer (@Bitdeer_Group) is incorporating AI and high-performance computing to optimize Bitcoin mining. With plans to add 1,079MW to its data centers, it aims to power 900K homes. U.S. candidate @realDonaldTrump sees Bitcoin mining as key to his campaign. #Bitcoin #Update
The DADDY Tate token promoted by @Cobratate surged 170% to $0.2290, contrasting with the broader crypto market decline. Market cap hit $113M, driven by high trading volume. Traders eye $300M cap, hoping for a $1M token burn. #CryptoUpdate
