Binance tax evasion verdict set for October
Binance’s lawyer urged the judge to dismiss all charges, arguing that the case lacks substance.
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Spot Bitcoin ETFs see highest flow day in over 5 weeks
The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million.
OpenAI is building a new AI model under code name 'Strawberry' — Report
Strawberry extends on OpenAI’s Q* project announced last November, which some described as a technical breakthrough allowing for the development of “far more powerful” AI models.
Square-Enix backs blockchain-based football MMO ‘Soccerverse’
The game uses the Polygon blockchain and currently runs in most browsers.
SOL struggles to reclaim $145, but Solana network fundamentals remain solid
Solana’s onchain and derivatives metrics show no signs of stress, possibly paving the way for a rally to $160.
German government offloads its final Bitcoin holdings
The German government officially has zero BTC left after weeks of dumping its reserves onto the market, suppressing the price.
Will UK Economic Secretary follow through with a ‘crypto crackdown’?
MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government.
Trading platform Abra purchased Valkyrie’s crypto trusts: Report
Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations.
Final signoff on spot Ether ETFs expected imminently, listings next week — Source
Spot ETF issuers expect to receive final comments from regulators by early next week, and possibly as soon as July 12.
Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined
Centralized exchanges are becoming the new ground zero for hackers, as shown by a 900% increase in losses year-over-year.
Bitcoin risks 30% loss against XRP if ‘triple bottom’ confirms
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox- and German government-led sell-off in the BTC market may spark renewed interest in the altcoin.
Price analysis 7/12: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Retail and institutional traders have been buying Bitcoin on the dips, and the early-stage recovery in select altcoins suggests that the crypto market is in a bottoming stage.
SEC drops investigation of Bitcoin Stacks developer Hiro — Filing
This is the second crypto investigation the US securities regulator dropped this week.
Ignoring quantum threats in CBDC design is reckless
The real threat of a CBDC lies in quantum computing vulnerabilities. Developing a quantum-resistant design should be a priority for the United States.
Elon Musk’s X could face $200M EU fines over alleged DSA violations
At the heart of the findings are the “blue check” verification systems and X’s alleged obfuscation of data.
Bitfarms calls October shareholder meeting amid attempted Riot takeover
Riot Platforms holds just under a 15% stake in Canadian mining firm Bitfarms and hopes to replace key board members with picks seeming favorable to its interests.
Bitcoin bottom signal? German gov’t runs out of BTC to sell
Bitcoin’s price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC.
Key BTC price levels emerge as Bitcoin hits $58K on ‘sticky’ US PPI
Bitcoin edges higher while the US dollar flags on the latest PPI inflation data, but BTC price strength has yet to convince analysts.
Switching from MetaMask? Here are 5 alternative crypto wallets
Which cryptocurrency wallets are good alternatives to MetaMask?
EU endorses relational blockchain initiative for sustainable solutions
The European Union has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions, focusing on Digital Product Passports and Intellectual Property Rights.
Genesis-labelled address moves $720M BTC to Coinbase, pointing to start of asset liquidations
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
Nigeria’s blockchain future depends on local talent, experts say
Local experts note that if Nigeria adopts a foreign blockchain, it will be difficult for the country to exert its influence on key blockchain decisions.
Buying the dip? Bitcoin institutional investors add 100K BTC in a week
BTC price action may be flagging, but large-volume Bitcoin investors are buying, not capitulating, data shows.
Crypto holders predicted to triple by 2026, says Lunu CEO
The current 560 million crypto holders could triple in number during the next two years, but user experience remains the biggest challenge.
Dough Finance loses $1.8M in flash loan attack
The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen.
German gov’t Bitcoin wallet drops to 5,800 BTC after major sale
With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC.
Crypto execs on DeFi domain hacks: Don’t interact with crypto for now
CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.
Crypto trading volume to exceed $108T in 2024, with Europe in the lead
Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance being the most dominant exchange worldwide.
UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.
New bill suggests thwarting AI copycats, deepfakes with watermarks
A bipartisan group of senators has introduced a new bill to tackle deep fakes, copyright infringement and AI training on data it’s not supposed to.