Spain National Fan Token Plummets After Euro 2024 Victory
TL;DR The Spanish National Team Fan Token (SNFT) fell by 20.10% over the past day, settling at $0.02425. SNFT’s decline reflects the “buy the rumor, sell the news”…
Cryptocurrencies
Crucial Vote in the U.S. on Crypto Regulation
TL;DR The U.S. House of Representatives will vote on the SAB 121 bill between July 9 and 10, 2024, crucial for crypto regulation. SAB…
Ronin Brings PHPC to Life: The First Stablecoin Linked to the Philippine Peso
TL;DR Coins.ph has launched PHPC, the first stablecoin linked to the Philippine Peso (PHP). On the Ronin blockchain, designed with a 1:1 parity. The…
Sam Bankman-Fried’s Family Involved in $100 Million Political Donation Scandal
TL;DR FTX Founder’s Family in Donation Scandal: Emails show Sam Bankman-Fried’s family helped donate over $100 million to political campaigns, possibly using FTX client…
Crypto Whale Sells Over $400 Million in Bitcoin: Retail Investors Respond by Buying
TL;DR A whale sold over $400 million in Bitcoin through multiple transactions on Binance, impacting the price of BTC. Despite the massive sell-off, retail…
Germany Continues Moving Its Bitcoin, $17.6 Million Towards Various Exchanges
TL;DR Germany’s BKA has recently transferred 100 BTC to Coinbase, 150 BTC to Bitstamp. And 32.74 BTC to Kraken on July 2, totaling approximately…
Vitalik Buterin and His Proposal to Accelerate Ethereum
TL;DR Vitalik Buterin proposes adopting a “single-slot finality” to speed up transaction confirmation times on Ethereum, simplifying the current process. The new system would…
Bitcoin Wallet Activity Hits 2010 Lows Amid Memecoin Surge
TL;DR Bitcoin address activity has fallen to the lowest level since 2010, reflecting a decline in retail participation. Experts attribute this low activity to…
Andromeda and Injective Join Forces to Foster DeFi Adoption
TL;DR Andromeda and Injective join forces to accelerate DeFi adoption, merging their technologies to create new economic opportunities. ANDR, as a Web3 Operating System,…
Ripple vs SEC: Garlinghouse Believes Gensler Will Cause Biden’s Defeat in the Elections
TL;DR Brad Garlinghouse, CEO of Ripple, suggested that Gary Gensler could negatively impact Joe Biden’s electoral chances in November. At the Bloomberg Invest Summit,…
Blast Layer 2 Unveils Tokenomics and BLAST Airdrop
TL;DR Ethereum’s Layer 2 network Blast will launch its native token and airdrop 17% of its supply. Blast is the 6th largest blockchain with…