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Ripple’s CEO Brad Garlinghouse expects the company to settle its years-long litigation with the SEC ‘very soon’.
https://www.theblock.co/post/306488/xrp-price-activity-rise-as-ripples-ceo-says-he-expects-legal-resolution-very-soon
Ethereum turned inflationary in 2024 Q2, adding 120,818 ETH to the circulating supply.
Ethereum burned 107,725 ETH, while 228,543 ETH were emitted in Q2. This resulted in a net addition of 120,818 ETH to the supply, marking the network's inflationary status.
The burn rate of ETH fell by -66.7% quarter-on-quarter, attributed to reduced network activity and falling gas fees.
https://x.com/coingecko/status/1814631386420290006
The Chicago Board Options Exchange has confirmed that five spot Ethereum ETF products will begin trading on July 23.
The five spot Ether ETFs set to commence trading are the 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF.
https://cointelegraph.com/news/cboe-official-launch-date-spot-ethereum-etf
The crypto market is growing
BTC Dominance - 53.65%
Market Cap - $2.45T
BTC - $66,680.01 (+3.79%)
ETH - $3,500.07 (+2.09%)
BNB - $590.9 (+3.22%)
ZRO - $3.91 (+1.31%)
ZK - $0.1788 (+6.5%)
STRK - $0.591 (+3.7%)
https://dropstab.com
Pavel Durov says this month, Telegram will introduce a mini app store and an in-app browser with support for Web3-pages
/channel/durov/336
Avail will launch its mainnet on July 23
https://x.com/AvailProject/status/1814272342563950644
Galaxy Digital has acquired “substantially all” of the assets of blockchain node operator CryptoManufaktur.
The deal expands the Michael Novogratz-led firm’s role in Ethereum staking, increasing its ether assets under stake from approximately $2.3 billion to $3.3 billion.
https://www.theblock.co/post/306382/galaxy-digital-cryptomanufaktur
Trump Asks $844,600 for Fundraiser Seat at Bitcoin Conference
Photo-ops available for $60,000 or $100,000 per crypto couple.
All money raised will be spent on Donald Trump's election campaign.
https://www.bloomberg.com/news/articles/2024-07-18/trump-asks-844-600-for-fundraiser-seat-at-bitcoin-conference
To meet all necessary requirements for an optimal outcome, Tribal will be extending the token release timeline to start October 31, 2024 but decrease the lockup schedule of each holder after the initial release by one third.
Consistent with Tribal’s legal counsel’s guidelines, this extension is not and cannot be a unilateral decision by the team and was supported by more than 90% of private sale holders and 80% of total token sale holders. Tribal will still be honoring the 5% additional airdrop to CoinList participants that was announced last year.
https://medium.com/tribal-ecosystem/a-message-from-tribal-finance-3b15f365f1b4
Wintermute plans to raise $100 million
https://www.theinformation.com/articles/crypto-trading-giant-wintermute-in-fundraising-talks
Sanctum (CLOUD) trading has started on Bybit.
CLOUD is now trading at ~$0.29 (~2x from the auction price).
FDV: $290M
https://www.bybit.com/en/trade/spot/CLOUD/USDT
The crypto market is down
BTC Dominance - 53.35%
Market Cap - $2.36T
BTC - $63,872.01 (-1.33%)
ETH - $3,417.58 (-0.11%)
BNB - $571.3 (-0.42%)
ETHFI - $2.29 (-6.93%)
STRK - $0.562 (-6.33%)
ZK - $0.1655 (-1.84%)
WLD - $2.58 (-9.89%)
https://dropstab.com
Polygon’s mainnet upgrade is scheduled for Sept. 4, 2024, transitioning its native token from MATIC to POL following community approval.
After the upgrade, POL will replace MATIC as the primary token for gas fees and staking.
A testnet migration launched on July 17 before the mainnet upgrade.
https://www.theblock.co/post/306023/polygon-plans-to-migrate-matic-to-pol-token-on-sept-4
HashKey Global and Bitget will list zkLink (ZKL) on July 22d, 12:00 UTC
Moreover, HashKey Global has announced the 5th project on HashKey Launchpool - zkLink (ZKL).
Launchpool Token Rewards: 530,000 ZKL
Launchpool Period: July 22, 2024, 12:00 UTC – July 25, 2024, 12:00 UTC
Minimum Locking Amount: 0.003 ETH
Maximum Locking Amount: 2 ETH
Website: https://zk.link/
https://x.com/hashkey_global/status/1813484805365068045
https://x.com/bitgetglobal/status/1813544212937244908
https://support.global.hashkey.com/hc/en-us/articles/14968382552860-Introducing-5th-HashKey-Launchpool-zkLink-ZKL-Lock-ETH-to-Earn-from-530-000-ZKL-Prize-Pool
The Indian Exchange WazirX was hacked
More than $230M of assets have been abnormally transferred from the WazirX wallet to the wallet "0x04b2".
https://x.com/lookonchain/status/1813836615598604627
Top 300 gainers in 24h: ZRO +29%, MEW +13%, TRUMP +10%, ZK +7%
https://dropstab.com/insights/top-performance
The crypto market is neutral
BTC Dominance - 53.69%
Market Cap - $2.47T
BTC - $67,186 (+0.93%)
ETH - $3,510.5 (+0.31%)
BNB - $595.9 (+0.96%)
ZRO - $5.17 (+30.81%)
ZK - $0.2006 (+13%)
STRK - $0.61 (+3.04%)
ARB - $0.7829 (-0.47%)
https://dropstab.com
Bybit will list Avail (AVAIL) on July 23, 12:00 UTC
https://x.com/Bybit_Official/status/1814238756444016995
Binance.US has received a judge's sign-off to invest certain customers' assets in U.S. Treasury bills as part of an order setting conditions for the crypto exchange.
https://www.theblock.co/post/306457/binance-us-entities-get-judges-sign-off-to-invest-customer-assets-in-us-treasury-bills
Mines of Dalarnia announces that DAR and LAND staking is going live on July 25, 2024
https://x.com/DarOpenNetwork/status/1814269037335228447
💧 Top Funding Rounds in the Last 7 Days
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Layer3 will release its airdrop checker on July 24th
https://discord.com/channels/884514862737281024/886742656447819837/1263589297672425627
The Russian founder of the Bitzlato cryptocurrency exchange Anatoly Legkodymov was sentenced to the 18 months he’d already served behind bars in the US for operating an unlicensed money-transmitting business that masked the proceeds of illegal gambling and drug deals valued at more than $700 million.
https://www.bloomberg.com/news/articles/2024-07-18/crypto-exchange-head-gets-no-more-jail-time-in-700-million-scam
Coinbase International will add support for Bittensor, Toncoin, and Tellor perpetual futures on Coinbase International Exchange and Coinbase Advanced.
The opening of the TAO-PERP, TON-PERP, and TRB-PERP markets will begin on or after 9:30 UTC 25 JUL 2024.
https://x.com/CoinbaseIntExch/status/1813966458277253501
Binance has announced the 1st project on Binance Airdrops Portal - Banana Gun (BANANA).
Users who subscribed their BNB to Simple Earn products from 2024-06-23 00:00 UTC to 2024-07-05 23:59 UTC will get the airdrop distribution.
Binance will then list BANANA at 2024-07-20 09:00 UTC and open trading with BANANA/BTC, BANANA/USDT, BANANA/BNB, BANANA/FDUSD and BANANA/TRY trading pairs.
https://www.binance.com/en/support/announcement/introducing-banana-gun-banana-on-binance-hodler-airdrops-subscribe-your-bnb-to-simple-earn-252eaa5e7a8646e6a4461f6057a06af4
Injective has announced the launch of AINJ, the Injective Staking Exchange-Traded Product (ETP) by 21Shares
AINJ is a new product that allows users to gain exposure to INJ via major traditional finance exchange venues and brokerages while also capturing staking rewards.
AINJ is provided by 21Shares, a primary issuer of crypto ETPs.
https://blog.injective.com/en/injective-etp-launch/
Bybit Launchpool has introduced ZKL, the utility token of zkLink
Event Period: Jul 22, 2024, 12:00 UTC – Jul 29, 2024, 12:00 UTC
On Bybit Launchpool, you can stake ZKL, USDT or MNT to earn ZKL tokens.
1. ZKL Pool
Total Rewards: 2,100,000 ZKL
Minimum Staking Amount: 500 ZKL
Maximum Staking Amount: 100,000 ZKL
2. MNT Pool
Total Rewards: 1,400,000 ZKL
Minimum Staking Amount: 100 MNT
Maximum Staking Amount: 5,000 MNT
3. USDT Pool
Total Rewards: 3,500,000 ZKL
Minimum Staking Amount: 100 USDT
Maximum Staking Amount: 2,000 USDT
Listing: Jul 22, 2024, 12:00 UTC
https://announcements.bybit.com/en/article/bybit-launchpool-stake-zkl-usdt-or-mnt-to-earn-a-share-of-7-000-000-zkl--blt6f7b522f003b07b3/
LayerZero has introduced its Provisional Bounty Hunting Sybil List
Bounty hunters can review this provisional list until 00:00 UTC on July 21st.
Final distribution will occur by the end of day Tuesday, July 23rd.
https://commonwealth.im/layerzero/discussion/24015-provisional-bounty-hunting-sybil-list
https://x.com/LayerZero_Fndn/status/1813837272992629118
DeBank introduced a checker that allows you to check your wallet to see if it is on sybil lists.
https://debank.com/sybil