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Before the SEC sued Coinbase, the SEC asked Coinbase to halt trading in everything except bitcoin, CEO says.
https://www.ft.com/content/1f873dd5-df8f-4cfc-bb21-ef83ed11fb4d
Memecoin BALD based on the Base network has increased by as much as 30,000x in the past 24 hours, and its market value has exceeded 70 million US dollars.
https://twitter.com/wublockchain/status/1685665131680903168
The co-founder of leading crypto market maker Wintermute Trading plans to move to Singapore along with some of his staff as the digital-asset industry increasingly turns to Asia for growth opportunities.
https://www.bloomberg.com/news/articles/2023-07-27/crypto-s-asia-pivot-spurs-market-maker-wintermute-to-boost-singapore-base#xj4y7vzkg
SEC case had 'Almost No Impact' on Ripple's talks with central banks, says exec.
https://www.coindesk.com/policy/2023/07/28/sec-case-had-almost-no-impact-on-ripples-talks-with-central-banks-says-exec/
Starbucks will launch the NFT collection “Green Apron”.
Editions: 5000
Price: $100
Blockchain: Polygon
User can buy up to 2 NFTs
Date: 1 August 9:00 UTC
https://www.niftygateway.com/collections/starbucks-odyssey-green-apron-collection
CoinList has introduced a new rule requiring your CoinList account to be fully funded with your desired purchase amount before you can complete a transaction in the Community Sales.
https://blog.coinlist.co/a-new-era/
Bitget will list MX and MEXC will list BGB on July 31, 10:00 UTC.
https://twitter.com/bitgetglobal/status/1684879330281652229
https://twitter.com/mexc_official/status/1684866690780430336
Missing millionaire crypto-blogger from Argentina Fernando Pérez Algaba was found murdered and his remains were found dismembered in a suitcase.
https://nypost.com/2023/07/27/millionaire-crypto-influencer-found-dismembered-in-suitcase/
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.18T. Bitcoin is trading at $29.1K
dropstab | icodrops | twitter | telegram
Elfin Kingdom Games has announced ELFIN IDO dates.
Kommunitas: 31st July
NFTb: 1st August
Gempad: 2nd August
Elfin Kingdom Games is a decentralized gaming NFT ecosystem on Binance Smart Chain backed by Binance Labs.
https://twitter.com/elfingames/status/1684787504510083072
South Korean crypto exchange Upbit lists Immutable.
The IMX price has increased by 13.5%.
https://upbit.com/service_center/notice?id=3654
FTX and Genesis reached an in-principle agreement on resolving a dispute involving their Chapter 11 cases.
FTX had argued that it was owed as much as $3.9 billion by crypto lender Genesis, a contention that Genesis rejected. The sum was later reduced to up to $2 billion.
Their legal representatives said in a Thursday letter to a bankruptcy judge that the two parties’ claims against each other would be settled by the agreement.
They plan to file motions to bankruptcy courts for approval of the deal. The letter didn’t provide details about the settlement.
https://www.bloomberg.com/news/articles/2023-07-28/bankrupt-crypto-platforms-ftx-genesis-set-to-resolve-dispute
Grayscale Investments said the U.S. Securities and Exchange Commission should approve all bitcoin exchange-traded fund application together, as approving only a few would give the winning applications an "unfair" advantage.
https://www.coindesk.com/business/2023/07/27/grayscale-urges-equal-treatment-for-all-spot-bitcoin-etfs-in-letter-to-sec/
Sequoia Capital is reducing the size of its crypto fund from $585 million to $200 million.
Sequoia Capital has also reduced the size of its eco fund, which invests in other venture capital funds, from $900 million to $450 million.
https://www.wsj.com/articles/sequoia-capital-slashes-crypto-fund-as-it-downsizes-amid-startup-crunch-f396bb0b
Eco has launched Beam, a cryptocurrency wallet baked by a16z and Coinbase.
The wallet will support the protocol's native token ECO and stablecoin USDC.
Beam users can send payments simply by using a link to a QR code.
https://www.coindesk.com/business/2023/07/27/coinbase-a16z-backed-cash-like-crypto-wallet-beam-goes-live/
https://twitter.com/eco/status/1684605707512066048
This week, 8 projects (MC, HOOK, DYDX, ORBR, BLD, SUI, NEAR, GAL) will unlock tokens totaling over $87 million in value.
https://dropstab.com/insights/vesting
Curve pools alETH, msETH, pETH using vyper compiler were hacked.
The total loss exceeded $52 million.
Upbit suspended CRV deposit and withdrawal due to an exploit.
After the news, the CRV price has decreased by more than 40%.
https://twitter.com/shoucccc/status/1685688647637725184
Kannagi Finance on zkSync Era turned out to be a scam, user losses ~$2.13M.
The KANA price dropped by 99%.
https://twitter.com/leol1978/status/1685129616489639936
Binance’s founder Changpeng Zhao drew scrutiny from german regulator.
Crypto exchange says it proactively withdrew license application and will continue to cooperate with regulators.
https://www.wsj.com/articles/binances-founder-drew-scrutiny-from-german-regulator-2e890a31
Worldcoin releases security audit report saying it has solved most of the problems.
https://worldcoin.org/blog/worldcoin/worldcoin-protocol-security-audit-reports
DAO Maker has announced its new refundable SHO - Virtual Versions.
Virtual Versions enables users to own their social identity with a decentralized AI twin, built on the biometric data of their face.
SHO Details: TBA
https://daomaker.com/company/virtual-versions
France's watchdog questions legality of Worldcoin biometric data collection.
https://www.reuters.com/technology/frances-privacy-watchdog-says-worldcoin-legality-seems-questionable-2023-07-28/
Arthur Hayes has published a new article “Moai”.
https://cryptohayes.medium.com/moai-da798c72a83b
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
In an interview with Bloomberg TV, Gensler did not disclose details on the Ripple case, nor did he comment on bids for the spot BTC-ETF.
https://www.youtube.com/watch?v=-zglYLrQGzc
Clarity for Payment Stablecoins Act passes the Financial Services Committee with BIPARTISAN support.
https://twitter.com/FinancialCmte/status/1684748577031999488
Binance filed to dismiss a CFTC lawsuit alleging it offered illegal commodities trading products to U.S. residents.
https://www.coindesk.com/policy/2023/07/28/cftc-is-overreaching-in-binance-lawsuit-crypto-exchange-says/
Paradigm has published a policy paper on stablecoins that considers the risk of stablecoins to be lower than the risk of bank deposits.
Paradigm concluded by calling on Congress to take immediate action to enact legislation to address the risks associated with stablecoins mechanisms, while allowing payment stablecoins to function and continue to innovate.
https://policy.paradigm.xyz/writing/The-Future-of-Payments-Includes-Stablecoins
The House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did.
A few hours after beginning debate and voting on amendments to the bill, which would create a federal regulatory framework for crypto in the U.S., the House Agriculture Committee referred the bill to the full House of Representatives by a voice vote.
https://www.coindesk.com/policy/2023/07/27/crypto-bill-advances-out-of-house-agriculture-committee/
CNBC is mentioning the Bitcoin halving.
https://twitter.com/BitcoinNewsCom/status/1684553198822989824