Co-founder of Manta Network: As the founder of the previous largest (non-DOT) TVL and market cap/FDV project in the Polkadot ecosystem, I have to say that we do not want to engage with the Polkadot ecosystem and team at all. It is a highly toxic ecosystem that lacks any real value for web3, and it does not focus on users or adoption at all. We are simply too busy to disclose the many facts about the discrimination we have faced as Asian founders in this ecosystem (which is a sentiment shared by all Asian founders).
https://x.com/victorJi15/status/1808074873589424493
Bitcoin ETFs have net inflows for 5 days
https://sosovalue.com/assets/etf/us-btc-spot
A GameStop investor who sued Keith ‘Roaring Kitty’ Gill over alleged securities fraud has dropped his lawsuit just three days after filing it.
https://cointelegraph.com/news/roaring-kitty-fraud-lawsuit-gamestop-investor-dropped-three-days
Circle became the first global stablecoin issuer to secure an Electronic Money Institution (EMI) license, a prerequisite to offering dollar- and euro-pegged crypto tokens in the European Union (EU) under the Markets in Crypto Assets (MiCA) regulatory framework.
https://www.coindesk.com/business/2024/07/01/stablecoin-issuer-circle-snags-mica-compliant-emi-license-for-europe/
Grayscale introduced Grayscale Research Top 20 for Q3 2024
https://www.grayscale.com/research/market-commentary/grayscale-research-insights-crypto-sectors-in-q3-2024
The crypto market is neutral
BTC Dominance - 53.06%
Market Cap - $2.35T
BTC - $63,128.01 (-0.46%)
ETH - $3,457.48 (-1.1%)
BNB - $578.8 (-1.24%)
ZRO - $3.79 (+10.15%)
ZK - $0.1803 (+2.24%)
STRK - $0.643 (-7.71%)
WRD - $2.31 (-5.14%)
W - $0.3762 (+3.96%)
https://dropstab.com
Sony Group has acquired Amber Japan.
https://x.com/wublockchain/status/1807569214359969968
"This is a field where the leading lights from a couple of years ago are either in jail, about to go to jail, or awaiting extradition," SEC Chair Gary Gensler has said of crypto.
https://x.com/unusual_whales/status/1807504629908844864
Top 300 gainers in 24h: ANDY +32%, ENS +29%, ZRO +26%, BNX +21%, POPCAT +19%, WIF +19%, MEW +16%, AXL +14%
https://dropstab.com/insights/top-performance
Arkham has analysed Vitalik Buterin's wallets
Vitalik Buterin’s net worth is estimated to be at least $552.86 million as of January 2024.
https://www.arkhamintelligence.com/research/vitalik-buterin-net-worth
💧 Blockchains with Potential Airdrop, TVL Performance in June
👉 https://dropstab.com/categories/blockchain
The SEC has returned the S-1 forms to prospective Ethereum ETF issuers with light comments, asking them to fix the issues and refile.
The issuers have been asked to address the comments and refile them by July 8.
https://www.theblock.co/post/302687/sec-returns-s-1-forms-to-ethereum-etf-issuers-with-at-least-one-more-round-to-go-source
The crypto market is neutral
BTC Dominance - 52.84%
Market Cap - $2.27T
BTC - $60,862.01 (+0.2%)
ETH - $3,369.2 (-0.5%)
BNB - $568.8 (-0.1%)
ZRO - $2.72 (+4.97%)
ZK - $0.1616 (-1.74%)
STRK - $0.642 (-3.25%)
W - $0.3342 (-3.04%)
https://dropstab.com
U.S. Treasury Issues Crypto Tax Regime For 2025
The IRS won't call for reporting on most routine stablecoin sales and is putting a $600 annual threshold on NFT proceeds before they need to be reported.
https://www.coindesk.com/policy/2024/06/28/us-treasury-issues-crypto-tax-regime-for-2025-delays-rules-for-non-custodians/
💧 Top 10 Point Farming Protocols by TVL Growth Last Week
👉 https://dropstab.com/tab/tvl-gainers-point-farming-f9rxr8owe8
Pendle TVL fell 40% in 2 days (from $6.2bn to $3.7bn)
https://defillama.com/protocol/pendle#information
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation, the parent company behind a crypto-friendly bank that allegedly helped facilitate fraud at defunct exchange FTX.
The SEC said Silvergate had agreed to pay a $50 million civil penalty “without admitting or denying the allegations”.
https://cointelegraph.com/news/sec-silvergate-bank-ftx-lawsuit-securities-fraud
U.S. Marshals Service chooses Coinbase to safeguard, trade its large cap digital assets portfolio
https://www.coinbase.com/en-gb/blog/u-s-marshals-service-chooses-coinbase-to-safeguard-trade-its-large-cap
Bitcoin and Ethereum have become the most profitable assets in the first half of 2024, surpassing Nasdaq, S&P 500, oil, gold, US dollar, government bonds and others.
https://x.com/Matrixport_EN/status/1807694804970877241
The 5ireChain mainnet - closed beta is live.
▫️5ire Scan: Elevating blockchain data representation
▫️Nominator & Validator App: Empowering the network participants
▫️5ire IDE: Unleashing developer potential
▫️ Mainnet Airdrop: Recognizing its community
▫️Phased Rollout: Ensuring a smooth transition
https://x.com/5irechain/status/1807819142562828643
Preview Link - preview.5ire.network
The German Government transferred 1,500 BTC ($94.7M) out again, of which 400 BTC ($25.3M) was transferred to Bitstamp, Coinbase and Kraken.
German Government currently holds 44,692 BTC ($2.82B).
https://x.com/lookonchain/status/1807698120752627855
Bybit will list Well (WELL) on July 3, at 10:00 UTC.
https://x.com/bybit_official/status/1807685574280561071
Ether.Fi will allocate 25,000,000 ETHFI tokens to Season 3.
https://x.com/ether_fi/status/1807433241986748807
The crypto market is growing
BTC Dominance - 53.01%
Market Cap - $2.36T
BTC - $63,454 (+4.21%)
ETH - $3,500.53 (+3.85%)
BNB - $585.6 (+2.94%)
ZRO - $3.47 (+27.89%)
ZK - $0.1757 (+8.85%)
STRK - $0.695 (+8.23%)
W - $0.3623 (+8.59%)
https://dropstab.com
Robert Kiyosaki was interviewed and updated his triad of key assets to "Gold, Bitcoin, Lithium"
https://x.com/therealkiyosaki/status/1806766990599868864
A federal judge ruled that the SEC's charges against Binance for the initial coin offering and ongoing sales for BNB, BNB Vault, staking services, failure to register and fraud charges can proceed.
She granted Binance and Zhao's motion to dismiss charges tied to secondary BNB sales and Simple Earn.
https://www.coindesk.com/policy/2024/06/29/us-judge-lets-most-of-sec-case-against-binance-proceed-dismisses-secondary-sales-charge/
The SEC has formally charged Consensys with violating securities laws by operating as an unregistered broker dealer and engaging in the offer and sale of securities through its MetaMask platform.
https://x.com/eleanorterrett/status/1806732114056118471