BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA)
According to newly published court documents, the Seychelles-based crypto exchange willfully failed to set up an adequate know-your-customer (KYC) and anti-money laundering (AML) program at the exchange between September 2015 and September 2020, when the Commodity Futures Trading Commission (CFTC) charged the exchange with offering illicit crypto derivative trading services to U.S. customers and the DOJ charged four of the exchange’s employees with violating the BSA.
https://www.coindesk.com/policy/2024/07/10/crypto-exchange-bitmex-pleads-guilty-to-violating-the-bank-secrecy-act-from-2015-to-2020/
Donald Trump will speak at Bitcoin 2024
https://x.com/TheBitcoinConf/status/1811181245906506031
Notcoin, 1inch, and Sign are launching a startup accelerator, Triangle, for Telegram and TON ecosystems
https://www.theblock.co/post/304585/notcoin-1inch-and-sign-launch-accelerator-for-telegram-and-ton-ecosystems
The crypto market is neutral
BTC Dominance - 52.99%
Market Cap - $2.13T
BTC - $57,464 (-2.15%)
ETH - $3,074.59 (-0.67%)
BNB - $522.7 (+0.4%)
ZRO - $3.85 (-4.85%)
ZK - $0.1601 (+3.03%)
STRK - $0.587 (-2.33%)
W - $0.2854 (-3.33%)
ARB - $0.7088 (-1.11%)
https://dropstab.com
Ethereum co-founder Vitalik Buterin is pushing for the Ethereum network to be more prepared in the case of a 51% attack.
https://www.theblock.co/post/304479/vitalik-buterin-pushes-for-ethereum-to-respond-to-51-attacks-in-a-more-automated-way
Matr1x has introduced its tokenomics
The total token supply is 1,000,000,000 MAX
- Platform Contribution: 27.6%
- Ecosystem: 16%
- Community: 10%
- NFT Airdrop: 9.4%
- Early Bird Activity: 5.5%
- Team & Investors: 30%
- Advisors: 1.5%
https://x.com/matr1x_io/status/1810991582423961764
Sophon added Aethir (stATH), DAI (sDAI), Pepe (PEPE), USDC (USDC) pools for farming
https://x.com/sophon/status/1810691282282410489
Coinbase has added Stader (SD) to the roadmap.
The SD price has increased by more than 75% in 24 hours.
https://twitter.com/CoinbaseAssets/status/1810840522933637347
The crypto market is growing
BTC Dominance - 53.20%
Market Cap - $2.15T
BTC - $58,180 (+1.54%)
ETH - $3,080.45 (+0.4%)
BNB - $516.7 (+0.25%)
ZRO - $4.03 (+4.49%)
ZK - $0.1541 (+2.33%)
STRK - $0.599 (+0.72%)
W - $0.2931 (+1.41%)
ARB - $0.7115 (+5.22%)
https://dropstab.com
Tether and Vietnam Blockchain Association team up to drive blockchain and AI education in Vietnam
https://tether.io/news/tether-and-vietnam-blockchain-association-team-up-to-drive-blockchain-and-ai-education-in-vietnam/
Michael Saylor trolls the German government with the phrase "Everyone gets BTC at the price they deserve" in German
https://x.com/saylor/status/1810413700484051088
The Fear and Greed Index fell to 27 - the lowest in a year and a half
https://dropstab.com/
BlackRock tokenized treasury fund BUIDL reaches $500M
Ondo Finance bought more BUIDL, which it uses as a backing asset for its OUSG token.
BUIDL’s price is pegged 1:1 with the U.S. dollar and pays daily accrued dividends directly to investors each month.
https://cointelegraph.com/news/blackrock-tokenized-treasury-fund-buidl-reaches-500-million
Goldman Sachs reportedly plans to launch three tokenization projects by the end of the year, focused on U.S. and European markets.
https://www.theblock.co/post/304542/goldman-sachs-plans-to-launch-three-tokenized-funds-this-year-report
2442 BTC (~$142m) transferred from Kraken, Bitstamp and other addresses to a German government wallet
https://platform.arkhamintelligence.com/explorer/address/bc1qq0l4jgg9rcm3puhhfwaz4c9t8hdee8hfz6738z
CoinList has announced the READYgg Token Launch
The purchase period begins on July 10 at 17:00 UTC and ends on July 17, 2024 at 17:00 UTC.
Supply: 20,000,000 RDYX tokens (2.0% of the total supply)
Price per token: $0.16
Lockup & Release: 20% unlocks at TGE, followed by a 6-month linear release. Token exchange listing is expected to occur on or around September 15, 2024.
Initial Purchase Limits: $100.00 minimum, $5,000.00 maximum (USDT/USDC only)
FDV: $160,000,000
https://coinlist.co/readygg
CFTC Chairman says anywhere between 70% and 80% of all cryptocurrencies are non-securities.
https://x.com/WatcherGuru/status/1811058242132283889
Bitcoin ETFs saw the 3rd day of net inflows, raking in $216M on July 9
https://farside.co.uk/?p=997
The founder of IOSG said that many entrepreneurs doubt their direction after seeing the success of memes. Memes are like opium, and the crypto communities are in a crazy state of hyping memes. He said that entrepreneurs should resist memes.
https://x.com/JinzhouLin/status/1810306678669410575
https://x.com/wublockchain/status/1811026373584265221
Hedgehog Protocol is now live on the Sepolia Testnet
https://medium.com/hedgehog-protocol/wen-testnet-now-8291b44c2ed5
Polychain says Niraj Pant, its former general partner, made a secret deal with portfolio company Eclipse Labs that broke the fund's policies.
A CoinDesk investigation reveals former Eclipse Labs CEO Neel Somani pledged Pant a stake in Eclipse tokens worth $13.3 million.
Somani pledged the tokens as an incentive for Pant to secure Polychain's funding, according to sources close to Eclipse.
https://www.coindesk.com/tech/2024/07/09/top-crypto-vc-says-ex-general-partner-made-undisclosed-side-deal-with-portfolio-company/
Golem deposited 4,600 ETH ($14.1M) to Binance and Bitfinex again.
https://x.com/lookonchain/status/1810720482225967502
Worldcoin Foundation launches World Chain developer preview
https://worldcoin.org/blog/announcements/worldcoin-foundation-launches-world-chain-developer-preview
Binance CEO Richard Teng looks forward mass adoption and regulatory clarity on cryptocurrencies over the next 12 months
https://x.com/_RichardTeng/status/1810632108177789274
Bitcoin ETFs saw their biggest day of net inflows in over a month, raking in $295M on July 8.
https://farside.co.uk/?p=997
Exchanges send $163 million worth of bitcoin back to German government
Germany had received 2,898 bitcoin, or about $163 million, primarily from Coinbase, Kraken and Bitstamp, according to Arkham Intelligence data.
https://www.theblock.co/post/304085/exchanges-send-163-million-worth-of-bitcoin-back-to-german-government
https://platform.arkhamintelligence.com/explorer/entity/germany
All spot Ethereum ETF applicants filed updated S-1's:
• Fidelity
• VanEck
• Franklin
• 21Shares
• Grayscale
• BlackRock
https://x.com/watcherguru/status/1810427112253256158