Crypto Rallies After Trump Rally 📈

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gm Scrollers,

Well it’s been a hell of a weekend with lots of unfortunate craziness… So let’s just keep on scrolling right into the top headlines in crypto, web3, blockchain, and more 🖤⛓

• Former President Donald Trump escapes assassination attempt, causing memecoin to jump 50%+ (CT)

• Trump reportedly still to attend Bitcoin 2024 conference in Nashville this month following rally shooting (CT)

• German government offloads its final BTC holdings (CT)

• Crypto investment products saw $1.4B inflow last week (BLOCK)

• Coinbase launches wallet web app for “everything on-chain” (FY)

• Crypto markets up ~ 15% in the last 7 days as BTC jumps $63,000 and ETH nears $3,400

• Morgan Creek Digital to raise up to $500M for new web3 venture capital fund (CD)

• Partior closes $60M Series B led by Peak XV Partners alongside JPMorgan and other top financial players (CT)

• Token distribution company ZAP hits $100M valuation in latest $15M funding round (BLOCK)

• Tread.fi, led by former Morgan Stanley VP, closes $3.5M pre-seed for algorithmic trading (BLOCK)

• Pixelverse raises another $2M in funding to total $7.5M (DLN)

• The Open Platform (TOP) makes strategic investment in Akedo for Telegram games on TON (BLOCK)

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• South Korean rulers propose postponing taxes on crypto until 2028 (CT)

• BitMEX pleads guilty to AML violations (MR)

• SEC closes Paxos investigation (CB)

• SEC closes Hiro Systems investigation (MR)

• Tether appoints former Chainalysis Chief Economist to assist with regulatory & economic matters (BLOCK)

• Crypto community discusses unlikely nature of Mainland China to unban Bitcoin (CT)

• CFTC chair asserts 70% of crypto assets are not commodities (TD)

• Lithuania imposes fine on crypto company over sanctions (B)

• House fails to override Biden veto of guidance bill (CD)

• Dough Finance had a $2M exploit on July 12 (@ImmuneBytes)

• Squarespace exploit exposes over 100 crypto projects (CG)

• Hacks have cost BNB chain $1.6B since inception (CD)

• Compound Finance website hijacked with phishing threat (MR)

• Inferno Drainer fails attempt to launder ETH (CT)

• CoinStats opens details on complex $2.2M hack in June (BLOCK)

• OPP investigating a new type of crypto fraud (BT)

• BitWise Chief Investment Officer says ETH and BTC spot ETFs are the birth of a new asset class (CNBC)

• Staked ETH close to ATH as ETF approval looms (CD)

• 40% of ETH supply is locked up (CS)

• Updates and outlooks from Vitalik at EthCC (EP)

• Bitcoin soars back above $63k as crypto investors turn bullish on Trump’s presidential chances (RT)

• Goldman Sachs launches 3 new tokenization projects (CT)

• 50% of illicit funds end up at centralized exchanges (UC)

• Tornado Cash developer denied bail while waiting for appeal (CT)

• Immutable cracks into Japanese market with partnerships (BNA)

• Larry Fink says he is a believer in Bitcoin after studying it 👇🏼

• How Unstoppable Domains is partnering with Pudgy Penguins (NB)

• How federal agencies are joining forces to fight crypto (BN)

• How Burbank is getting the next generation ready for web3 (B)

• Crypto mining threat to Texas’ power grid (CRN)

• The evolution of consumer applications on-chain (BLOCK)

• What happened in crypto the last 24 hours (CT)

Had to add this in following this weekend 😭

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