Ethereum Heist: Attacker Holds 60K ETH
? Indian crypto platform @WazirX was exploited for $235M on July 18, allegedly by North Korea-backed Lazarus Group. The attacker converted assets into 60K ETH ($201.67M). #Crypto #SecurityAlert
Ethereum Fees Cut: Grayscale’s 0.15% Market Leader
Grayscale (@Grayscale) cuts Ethereum Mini Trust fees from 0.25% to 0.15% and waives them for six months up to $2B AUM. This move strengthens its competitive edge in crypto ETFs. #CryptoNews #Ethereum
XRP Whales Accumulate 47M Tokens: Reversal Ahead?
XRP sees major whale activity amid price swings. Whales accumulated 47M tokens ($25.86M) from Upbit and Binance, hinting at a market reversal. Meanwhile, other whales sold 75M tokens. XRP trades at $0.5494, down 4.90%. SEC meeting cancelation fuels Ripple case speculation. #CryptoNews
LI.FI Cross-Chain Hack: $9.7M Lost
LI FI cross-chain aggregator faced a $9.7M security breach, losing stablecoins like $USDC and $USDT. Users advised to revoke approvals. #DeFi security remains a critical concern.
WazirX Hack: $200M Crypto Swapped for ETH
Indian crypto exchange @WazirX hacked on July 18; $200M in assets stolen, including 15,298 $ETH, $102M in $SHIB, and $11.25M in $MATIC. Hacker’s wallet now holds 59,097 $ETH. WazirX halts withdrawals, suspects North Korea’s Lazarus group. #CryptoSecurity
Hoskinson Challenges Musk, Kiyosaki Over Trump Speech
Charles Hoskinson criticized Trump’s RNC speech as lacking unity, contrasting it with Reagan’s speeches. In contrast, Elon Musk and Robert Kiyosaki praised Trump’s focus on economic and military strength. These differing views highlight the national debate on leadership and vision ahead of the 2024 election. #LeadershipDebate
DeFi Handbook Clarifies Regulatory Uncertainties
The Enterprise Ethereum Alliance launches DeFi Risk Assessment Guidelines to address regulatory ambiguities and improve compliance. It influences licensing in Abu Dhabi and the EU, aiding financial giants like @BlackRock, @jpmorgan, and @GoldmanSachs. #DeFi
Trump Endorses Bitcoin, Boosts Crypto Market
Former President Trump endorses Bitcoin, marking a pivotal moment for politics. Key figures predict bipartisan support will make $BTC central to future U.S. elections. Rumors suggest Trump may announce Bitcoin as a “strategic reserve asset,” enhancing U.S. economic resilience. #Bitcoin
Bitzlato Co-founder Evades Additional Jail Time
Anatoly Legkodymov, Bitzlato co-founder, gets 18 months for facilitating $700M in illegal crypto transactions but avoids extra jail time due to custody served. Judge cited harsh conditions. Bitzlato to dissolve, $23M assets forfeited. #cryptocrime
Ethereum ETF Mini-Trust Full Fee Waiver Announced
Grayscale announces a full fee waiver for its $ETH ETF Mini-Trust up to $2B in inflows or six months, cutting fees to 0.15%, the lowest among competitors. Ethereum trades at $3,400 with bullish sentiment. #CryptoNews
WazirX Hacker Converts $201M Altcoins to Ethereum
? The WazirX hacker converted all stolen altcoins into $ETH, amassing 59,097 ETH worth $201M. This move comes just before the Ethereum ETF launch, which could push ETH to $4,000. The hacker still holds $12-$15M in other altcoins like CHR, CELR, OOKI, and FRONT. #CryptoNews
Trump Charges $60K for Fundraiser Photos
Donald Trump will attend the Bitcoin 2024 conference in Nashville this July. Attendees can join a private roundtable for $844,600 or take a photo with Trump for $60,000. This marks a shift in Trump’s stance on cryptocurrencies, aligning with VP pick J.D. Vance’s crypto-friendly policies. #Bitcoin2024
INJ ETP Launches on Euronext by Injective Labs
Injective Labs & @21Shares launch first INJ-linked ETP on Euronext Amsterdam & Paris. Trading as $AINJ, it offers exposure to $INJ tokens and staking rewards with 25 banks supporting. #Crypto #Finance
Winklevoss Twins Donate $1M to Defeat Warren
Cameron and Tyler Winklevoss (@winklevoss) donated $1M in Bitcoin to John Deaton’s campaign to unseat Sen. Elizabeth Warren. This act signifies their support for Deaton’s pro-crypto stance and aims to shape a favorable regulatory environment for cryptocurrency. #CryptoPolitics