Since January 1st, more than one million memecoins have been created on Pump.fun, a crypto project based on the Solana and Blast blockchains.
https://www.bloomberg.com/news/articles/2024-07-12/pump-fun-crypto-s-4chan-attracts-iggy-azalea-and-one-million-memecoins
The crypto market is growing
BTC Dominance - 52.76%
Market Cap - $2.16T
BTC - $57,820 (+1.58%)
ETH - $3,118.42 (+1.19%)
BNB - $533.4 (+2.38%)
ZRO - $3.74 (-1.98%)
ZK - $0.158 (+3.52%)
STRK - $0.562 (-0.03%)
W - $0.2786 (+1.42%)
https://dropstab.com
Binance CEO: Binance turns 7. The exchange has reached the mark of 200 million users and the total value of the assets has exceeded $100 billion
https://www.binance.com/en/blog/leadership/from-our-ceo-seven-years-at-the-frontier-of-financial-innovation-7022309479304206
💧 Top Funding Rounds in the Last 7 Days
👉 https://dropstab.com/insights/latest-fundraising-rounds
AI startup Fireworks AI has closed a ~$52m funding round led by Sequoia Capital with participation from Nvidia
Investors also included Advanced Micro Devices Inc. and MongoDB Inc. among others.
The company's total funding reached $77 million at a valuation of $552 million.
https://www.bloomberg.com/news/articles/2024-07-11/sequoia-nvidia-back-startup-fireworks-ai-at-552-million-valuation?srnd=technology-vp
The German Government now has 4925 BTC ($282.45M) remaining - that’s only 9.9% of the Bitcoin originally seized from Movie2k.
https://x.com/ArkhamIntel/status/1811437599682183217
SEC ends investigation against Paxos, a BUSD issuer
https://fortune.com/crypto/2024/07/11/sec-busd-gary-gensler-paxos-stablecoin-binance/
Alliance Games launched its MVP
Alliance Games offers decentralized hosting, AI-driven game creation, and a blockchain-agnostic platform.
https://x.com/alliancegamesx/status/1811369917486346438
The Compound Labs website has been compromised.
The Compound protocol itself is not impacted and all smart contract funds are safe.
https://x.com/compoundfinance/status/1811328333063520683
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
The U.S. Securities and Exchange Commission has dropped its probe into Hiro Systems PBC, according to a regulatory filing posted on Friday.
The agency's investigation involved Hiro's Stacks Blockchain. Stacks is a blockchain designed to scale bitcoin.
https://www.theblock.co/post/305103/sec-drops-its-probe-into-hiros-stacks-blockchain-according-to-a-regulatory-filing
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Compound CEO Jayson Hobby announced his retirement and the launch of Legend, a new DeFi protocol
https://x.com/jaysonhobby/status/1811079333974528498
VivoKey and Dangerous Things unveiled Apex, the body-implantable cryptocurrency wallet
Currently, an Apex Flex implantable device retails for $349.
https://decrypt.co/239195/bitcoin-crypto-wallet-under-your-skin
The Fear and Greed Index has fallen to 25 - the lowest since January 2023
https://dropstab.com/
The crypto market is neutral
BTC Dominance - 52.76%
Market Cap - $2.13T
BTC - $56,914.01 (-1.15%)
ETH - $3,085.78 (+0.2%)
BNB - $521.4 (-0.42%)
ZRO - $3.76 (-3.22%)
ZK - $0.1541 (-3.01%)
STRK - $0.566 (-3.88%)
W - $0.276 (-3.6%)
ARB - $0.6895 (-2.57%)
https://dropstab.com
MicroStrategy Announces 10-for-1 Stock Split
https://www.microstrategy.com/press/microstrategy-announces-10-for-1-stock-split_07-11-2024
Mocaverse (MOCA) trading has started on KuCoin.
MOCA is now trading at $0.09 (~2x from the sale price on CoinList: $0.03938).
https://www.kucoin.com/trade/MOCA-USDT
💧 Top 10 Blockchain Gainers in the First Half of the Year
👉 https://dropstab.com/tab/top-gainers
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