🗞 CryptoNews of the Day 🗞
Curve Exploit: Curve Founder Michael Egorov’s Loan Positions At Risk?: Following the exploit on certain Curve Finance liquidity pools on Sunday, Curve founder Michael Egorov's CRV-collateralized loans are potentially at risk of being liquidated.
👉Details: https://coinmarketcap.com/alexandria/article/curve-exploit-curve-founder-michael-egorovs-loan-positions-at-risk
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Hex Founder Richard Heart Charged by SEC for Raising $1B Through Unregistered Securities: The US Securities and Exchange Commission (SEC) has filed a lawsuit against Richard Schueler, also known as Richard Heart.
👉Details: https://coinmarketcap.com/alexandria/article/hex-founder-richard-heart-charged-by-sec-for-raising-dollar1b-through-unregistered-securities
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Bank of Korea Chooses Three Regions To Test CBDC Program: According to a South Korean media site, the Bank of Korea has selected Jeju, Busan, and Incheon as potential locations for the "private target CBDC test bed".
👉Details: https://coinmarketcap.com/alexandria/article/bank-of-korea-chooses-three-regions-to-test-cbdc-program
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Bitcoin Mining Machines Moving to Russia Due to Saturation in US, Despite Sanctions: Russia's Bitcoin mining market is booming, and hardware providers Bitmain and MicroBT are positioned to profit from the expansion.
👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-mining-machines-moving-to-russia-due-to-saturation-in-us-despite-sanctions
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U.S. Rep George Santos Used Crypto in Nigerian Prince-Like Scheme for Donor Deal: Report: Representative George Santos, who is serving his first term, has been charged with thirteen offenses, including embezzling campaign donations, falsely receiving unemployment benefits.
👉Details: https://coinmarketcap.com/alexandria/article/us-rep-george-santos-used-crypto-in-nigerian-prince-like-scheme-for-donor-deal-report
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Curve Liquidity Pools Exploited, Hackers Steal $24M From DeFi Protocols: On July 30, a number of decentralized finance (DeFi) protocols came under attack, which led to the loss of cryptocurrency valued at over $24 million.
👉Details: https://coinmarketcap.com/alexandria/article/curve-liquidity-pools-exploited-hackers-steal-dollar24m-from-defi-protocols
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Sui Terminates Relationship With MovEx After Token Lockup Breach: The Sui Foundation has ended its partnership with decentralized exchange MovEx.
👉Details: https://coinmarketcap.com/alexandria/article/sui-terminates-relationship-with-movex-after-token-lockup-breach
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Optimism Transactions Surpassed Arbitrum After Worldcoin Launch: For the first time in six months, Layer-2 blockchain Optimism outperformed competitor Arbitrum in terms of daily transactions.
👉Details: https://coinmarketcap.com/alexandria/article/optimism-transactions-surpassed-arbitrum-after-worldcoin-launch
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Reddit Rolls Out Gen 4 Collectible Avatar Series Designed by 100 Independent Artists and Popular NFT Collections: Reddit has launched its Gen 4 Collectible Avatar series, the biggest addition to date of its limited-edition non-fungible token (NFT) collection.
👉Details: https://coinmarketcap.com/alexandria/article/reddit-rolls-out-gen-4-collectible-avatar-series-designed-by-100-independent-artists-and-popular-nft-collections
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Singapore Court Deems Crypto as Property in Case Concerning Crypto Exchange Bybit: In a dispute between the cryptocurrency exchange Bybit and a contractor, Singapore's High Court ruled that cryptocurrencies constitute property.
👉Details: https://coinmarketcap.com/alexandria/article/singapore-court-deems-crypto-as-property-in-case-concerning-crypto-exchange-bybit
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US Federal Reserves Raises Rates as Expected During FOMC, BTC Price Muted: Following the expected 25 basis point increase in interest rates by the US Federal Reserve, the price of Bitcoin (BTC) and other cryptocurrencies briefly rose.
👉Details: https://coinmarketcap.com/alexandria/article/us-federal-reserves-raises-rates-as-expected-during-fomc-btc-price-muted
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Binance Files Joint Motion To Dismiss CFTC Complaint: Binance plans to petition the court to dismiss the case that the Commodity Futures Trading Commission (CFTC) launched against Binance in March of this year.
👉Details: https://coinmarketcap.com/alexandria/article/binance-files-joint-motion-to-dismiss-cftc-complaint
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Binance To Offer Full Services in Japan After Acquiring Sakura Exchange Bitcoin Last November: After acquiring Sakura Exchange BitCoin (SEBC) in November 2022, Binance will start providing full services for Japanese users in August this year.
👉Details: https://coinmarketcap.com/alexandria/article/binance-to-offer-full-services-in-japan-after-acquiring-sakura-exchange-bitcoin-last-november
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Bitcoin Short-Term Whales More Active: Glassnode: Data from analytics firm Glassnode shows that speculative investors, not institutional investors, are the ones driving the buying and selling of Bitcoin in 2023.
👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-short-term-whales-more-active:-glassnode
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Elon Musk Changes Twitter Logo to X, Adds $DOGE Logo to Profile Location: Twitter gets a new look with Elon Musk replacing the old bird logo with X
👉Details: https://coinmarketcap.com/alexandria/article/elon-musk-changes-twitter-logo-to-x-adds-dollardoge-logo-to-profile-location
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L2 Base’s Memecoin BALD Deployer Rug Pulls Liquidity, Some Speculate SBF Is Behind BALD: Some blockchain observers believe that the recent removal of liquidity from the BALD meme coin on Ethereum layer-2 network Base may have been orchestrated by former FTX CEO Sam Bankman-Fried.
👉Details: https://coinmarketcap.com/alexandria/article/l2-bases-memecoin-bald-deployer-rug-pulls-liquidity-some-speculate-sbf-is-behind-bald
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Hong Kong’s Hang Seng Bank Will Offer Crypto Companies “Simple Accounts”: Despite the Hong Kong Monetary Authority's efforts to promote the region as a crypto hub, local crypto businesses are having trouble opening corporate bank accounts.
👉Details: https://coinmarketcap.com/alexandria/article/hong-kongs-hang-seng-bank-will-offer-crypto-companies-simple-accounts
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Binance Obtains Operational License in Dubai: The biggest cryptocurrency exchange in the world, Binance, has been given an operational minimal viable product (MVP) license to operate in Dubai.
👉Details: https://coinmarketcap.com/alexandria/article/binance-obtains-operational-license-in-dubai
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Human Rights Foundation Launches Bug Bounty Program Worth 20 BTC: The Human Rights Foundation (HRF) has launched a bug bounty challenge with a reward of 20 Bitcoin, worth more than $589K at the time of writing.
👉Details: https://coinmarketcap.com/alexandria/article/human-rights-foundation-launches-bug-bounty-program-worth-20-btc
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Sam Bankman-Fried Campaign Finance Charges Dropped: Sam Bankman-Fried, the founder of failed cryptocurrency exchange FTX, has had a campaign financing allegation against him dropped by U.S. prosecutors.
👉Details: https://coinmarketcap.com/alexandria/article/sam-bankman-fried-campaign-finance-charges-dropped
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Binance Rolls Out AI NFT Generator “Bixel”: With the release of "Bixel," an AI-powered NFT generator from Binance NFT, users may now create unique works of art.
👉Details: https://coinmarketcap.com/alexandria/article/binance-rolls-out-ai-nft-generator-bixel
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North Korea's Lazarus Group Suspected of $37M CoinsPaid Hack: Following a breach on July 22 that it believes was fabricated by North Korea's Lazarus Group, cryptocurrency payment processor CoinsPaid has resumed processing transactions.
👉Details: https://coinmarketcap.com/alexandria/article/north-koreas-lazarus-group-suspected-of-dollar37m-coinspaid-hack
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Solana's Aurory Expands to Arbitrum, Automata Announces Layoffs: Solana's gaming ecosystem has recently undergone major developments, with Aurory expanding to Ethereum and Automata announcing layoffs.
👉Details: https://coinmarketcap.com/alexandria/article/solanas-aurory-expands-to-arbitrum-automata-announces-layoffs
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Federal Prosecutors Requested for Sam Bankman-Fried to be Detained Until Trial: Sam Bankman-Fried, the founder and former CEO of FTX, has been sought to be detained by federal prosecutors, who claim that his most recent acts "crossed the line."
👉Details: https://coinmarketcap.com/alexandria/article/federal-prosecutors-requested-for-sam-bankman-fried-to-be-detained-until-trial
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Quantstamp Agrees To Pay $3.4M After SEC Charges Over $28M ICO: The US Securities and Exchange Commission (SEC) has accused blockchain security company Quantstamp of holding an unregistered initial coin offering (ICO) of "crypto asset securities."
👉Details: https://coinmarketcap.com/alexandria/article/quantstamp-agrees-to-pay-dollar34m-after-sec-charges-over-dollar28m-ico
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Ripple Plans To Expand in UK and Ireland After Obtaining License in Singapore: Ripple is attempting to obtain a payment institution license in Ireland and a crypto asset firm license from the Financial Conduct Authority (FCA) of the UK.
👉Details: https://coinmarketcap.com/alexandria/article/ripple-plans-to-expand-in-uk-and-ireland-after-obtaining-license-in-singapore
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UK’s Information Commissions Office “Making Further Enquiries" Into Worldcoin: Worldcoin, founded by OpenAI CEO Sam Altman, will be looked into by the UK's Information Commissioner's Office (ICO).
👉Details: https://coinmarketcap.com/alexandria/article/uk's-information-commissions-office-%22making-further-enquiries%22-into-worldcoin
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Japan PM’s Fumio Kishida: Web3 Is Part of the New Form of Capitalism: According to Fumio Kishida, the prime minister of Japan, web3 has the ability to revolutionize the current internet infrastructure and promote societal transformation.
👉Details: https://coinmarketcap.com/alexandria/article/japan-pm's-fumio-kishida:-web3-is-part-of-the-new-form-of-capitalism
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Putin Bans Digital Assets as Payments While Granting Legal Tender to Digital Ruble: Russian President Vladimir Putin has signed a bill into law that forbids the use of digital financial assets as payment for goods and services.
👉Details: https://coinmarketcap.com/alexandria/article/putin-bans-digital-assets-as-payments-while-granting-legal-tender-to-digital-ruble
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Sam Altman Officially Launches Worldcoin Crypto Project: OpenAI's Sam Altman officially launches the iris-scanning project on Monday.
👉Details: https://coinmarketcap.com/alexandria/article/sam-altman-officially-launches-worldcoin-crypto-project
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