Binance Labs has invested in Pluto Studio, the developer of Telegram-based Web3 game Catizen, to boost its game engine and onboard more developers. Catizen, launched in March, has 25M players on Telegram and 1.5M on-chain gamers. #Web3
Bitwise (@BitwiseInvest) launched the first U.S. spot $ETH ETF, revealing Ethereum addresses and ENS names for transparency. Trading volume hit $361M within 90 minutes. This sets a new standard for ETF transparency. #CryptoNews
Worldcoin partners with JPMorgan-backed Elliptic to enhance compliance and fight money laundering. The integration benefits over 10M users in 160 countries. Despite the news, $WLD dips 5.28% to $2.28. #CryptoNews
Large Ethereum holders cashed out $747M ahead of spot $ETH ETFs launch in the US, marking the highest profits in 40 days. Long-term holders saw gains soar to $666M. #CryptoNews
XRP lawyer John Deaton criticizes Senator Elizabeth Warren’s efforts to overturn the Supreme Court’s Chevron ruling, accusing her of an anti-crypto stance and colluding with SEC Chair Gary Gensler. Warren’s bill to restore federal regulatory powers faces slim chances in Congress. #CryptoRegulation
Grayscale Investments moved 292,263 ETH ($1.01B) to Coinbase Prime ahead of the Ethereum-ETF launch on July 23, 2024. The ETF is expected to draw $1B monthly. Grayscale also introduced the Ethereum Mini Trust with 0% management fees for 6 months. #CryptoNews
BlackRock’s Ethereum ETF, $ETHA, is now live for trading with a 0.25% sponsor fee and a one-year waiver. Approved by the SEC on July 12, it competes with Grayscale. Investor excitement is high as Ethereum surpasses $3,500. #CryptoNews
Cryptocurrency whales bought 74M $XRP as the Ripple vs. SEC case nears a final ruling. Notable purchases: 26.42M, 23.65M, and 23.95M $XRP from Binance. Despite a 23.10M $XRP sale to Bitstamp, the overall buying trend is strong. Decision expected next week. #CryptoNews
Cryptocurrency exchange @OKX will delist over 30 trading pairs tied to $BTC and $ETH starting July 25 to optimize liquidity. Affected pairs include $LTC/ETH and $MATIC/BTC. Users must cancel active orders to avoid automatic cancellations. #CryptoNews
Bitwise Asset Management launches the $ETHW Ethereum ETF on NYSE, donating 10% of profits to Ethereum development groups like @ProtocolGuild. Management fee: 0.20%, waived for the first 6 months. #Ethereum #CryptoNews
The US House has passed a bill by @RepZachNunn to combat illegal crypto finance. A new Treasury-led group will assess crypto’s role in terrorism and money laundering, aiming to secure digital assets and national security. #CryptoRegulation
Bitwise Asset Management (@BitwiseInvest) will donate 10% of profits from its spot Ethereum ETF to support Ethereum open-source development via Protocol Guild and PBS Foundation for the next 10 years. This long-term funding aims to enhance Ethereum’s growth. #CryptoNews
Ethereum Name Service (ENS) spiked 7.6% as the first spot Ethereum ETFs launched in the U.S., leading the top 100 crypto assets. ENS now trades at $27.32, up 4.4% in 24 hours, with a market cap of $896M. #CryptoNews
State Street Corporation is planning to launch a stablecoin and deposit token to boost blockchain payment settlements, enhancing cross-border payment speed and efficiency. #Blockchain #Finance
