The bank’s reduced estimate of $8 billion is comprised of a $14 billion net flow into crypto funds by July 9, Chicago Mercantile Exchange (CME) futures flows of $5 billion, $5.7 billion of fundraising by crypto venture capital funds year-to-date, minus a $17 billion adjustment to account for the rotation from wallets on exchanges to new spot bitcoin exchange-traded-funds (ETFs). Source
The website leads to a phishing page that could drain user funds, but the actual protocol remains unaffected. Source
Token holders can win access to unique team activities, experiences, and VIP services, including meeting the team’s players and access to the Estadio Monumental – a football stadium in Buenos Aires, Argentina, known for its rich history. Fan tokens mark the intersection of blockchain and sports, allowing market participants to price in and gauge the financial and economic impact of major sporting events. Source
Polymarket bettors give a 90% chance that ether ETFs get approved by July 26. Source
The data due at 12:30 UTC (8:30 ET) is expected to show the cost of living in the world’s largest economy rose 0.1% month over month in June after remaining flat in May, leading to a 3.1% rise year over year, according to economists surveyed by Dow Jones. The core CPI, which strips out more volatile food and energy prices, is forecast to have increased 0.2% from May and 3.4% since June last year. Source
Jump Trading’s Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol’s current market cap. Source
July 18: SKALE, the gas-less EVM-compatible modular blockchain network, launched the Pacifica V3 upgrade, “which accelerates block mining speed by 108% and increases transaction throughput by 122%,” according to the team: “Leveraging its unique modular AppChain architecture, this upgrade brings significant advancements to SKALE Network’s capabilities, including improved transaction speed and predictability, enhanced network performance and improved developer tools.” Source
Tump's Odds of Nashville Conference Appearance Rise After Speakers Told of 'Very Special Guest' Source
“As BitMEX’s founders and long-time employee admitted in federal court in 2022, the company, one of the leading cryptocurrency derivatives platforms in the world from 2015 to 2020, operated in the United States without any meaningful anti-money laundering program, as required by federal law,” said U.S. Attorney Damian Williams in a DOJ press release. “As a result, BitMEX opened itself up as a vehicle for large-scale money laundering and sanctions evasion schemes, posing a serious threat to the integrity of the financial system. Today’s guilty plea indicates again the need…
The following month, the Texas Blockchain Council (TBC), an industry group, and mining company Riot Platforms filed suit against the DOE, EIA, OMB and various officials, accusing them of violating the Administrative Procedure Act (APA) and calling for a temporary restraining order and injunction to suspend the survey until proper a notice and comment process had been observed. Source