Rome Protocol secures $9M from Hack VC, @0xPolygon, HashKey, and Solana co-founder Anatoly Yakovenko. The funds will enhance Ethereum Layer 2 using Solana, boosting speed, privacy, scalability, and reducing costs. Testnet by late 2024, mainnet by mid-2025. #CryptoNews
Ethereum ETF issuers like VanEck and Bitwise amended their S-1 filings on July 8 amid rising institutional inflows and ETH’s price recovery. Ethereum saw $10.2M inflows last week, with assets under management reaching $12.4B. SEC chair Gary Gensler hinted at possible summer approval. $ETH #CryptoNews
? 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
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
Singapore court rules Multichain owes $2.18M to @FantomFDN for 2023 hack losses. The decision allows Fantom to recover assets lost in a July exploit. The case highlights the need for secure, decentralized control in crypto projects. #CryptoSecurity
City State Bank has invested in Bitcoin ($BTC) ETFs from BlackRock and Grayscale, as disclosed in their July 8, 2024, 13F filing. This follows Bank of New Hampshire’s similar move, marking a growing trend of institutional adoption of crypto assets. #CryptoNews
Germany’s BKA resumed its Bitcoin selloff, transferring 3,100 BTC ($177.54M) to @krakenfx and a B2C2-linked wallet, causing market jitters. Despite this, $BTC price surged 2% to $57,672, supported by spot ETFs and rising futures interest. #CryptoNews
Circle’s stablecoins, EURC and $USDC, saw trading volumes surge post-MiCA, with USDC hitting $23B weekly in 2024. Société Générale’s EURCV also increased. The rise reflects growing demand for regulated stablecoins. #CryptoRegulation
Germany sold 16,039 Bitcoin seized from Movie2k.to for $1B, then repurchased 3,673 BTC. This caused market panic and a 3% price rise to $57,645.05. Speculation surrounds their strategy and market impact. #Bitcoin #CryptoNews
Grayscale Investments (@Grayscale) to distribute shares of its new Grayscale Ethereum Mini Trust on July 18, 2024. Pending regulatory approval, the Mini Trust will list on NYSE Arca under ticker $ETH, offering lower fees and better value for long-term investors. #CryptoUpdate #Ethereum
The RNC, led by @LaraLeaTrump, adopts a platform supporting Bitcoin mining and opposing CBDCs to foster a crypto-friendly environment. Donald Trump shifts from crypto skeptic to advocate. #CryptoNews #Bitcoin
The @GOP adopts a crypto-friendly platform, emphasizing the right to Bitcoin mining and opposing CBDCs. Led by Michael Whatley and Lara Trump, this shift highlights Trump’s crypto advocacy, including NFTs and crypto donations. #CryptoNews
The U.S. House will vote on July 10 to overturn President Biden’s veto of a bill nullifying SEC’s SAB 121, which discourages banks from holding crypto. The vote needs a two-thirds majority. Outcome crucial for the crypto industry. #CryptoNews
Wealth manager @VanEck has filed an updated S-1 for its spot Ethereum ETF with the SEC, following @BitwiseInvest’s July 3 filing. Approval could lead to higher ETH prices and yields, mirroring Bitcoin’s recent performance. #EthereumETF
