AlexMerry

@benshark

352 Following

141 Followers

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Societe Generale to issue its euro stablecoin EURCV on the Solana blockchain Earlier, the bank's division SG Forge issued a stablecoin on Ethereum. Societe Generale believes that the Solana network is faster and cheaper, so this will help test whether there is user demand for euro stablecoins. Currently, EURCV has only 28 holders and 154 transactions.

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Former Alameda Research CEO Caroline Ellison's sentencing hearing will be held on September 24 Ellison previously testified against FTX CEO Sam Bankman-Fried. Lawyers also believe Ellison should not go to prison.

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WisdomTree Withdraws Its Application for Spot Ethereum ETF The reasons for the withdrawal of the application are not specified. The company probably does not see such widespread demand for its product. WisdomTree's Bitcoin ETF is valued at $195 million, one of the smallest among all issuers.

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OKX received full license in Singapore The company also appointed Gracie Lin as CEO of its local division. Lin previously worked at the Monetary Authority of Singapore and sovereign wealth fund GIC.

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Reuters: the US federal court rejected the lawsuit against Elon Musk and his company Tesla, who were accused of defrauding investors by creating hype around DOGE and insider trading The district judge ruled that Mask's tweets and statements cannot serve as grounds for securities fraud.

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Just got FarPoints on @farquest, get your free daily spins before they expire on https://far.quest/school 🎩🎩🎩

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Donald Trump announced his own DeFi platform It was called "The DeFiant Ones". The launch date or any details about the platform are unknown. “For too long, the average American has been crushed by big banks and the financial elite. It's time for us to take this stand—together,” Trump wrote. Initially, Trump's sons, Donald Trump Jr. and Eric Trump, spoke about the site.

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Programmable IP Labs raises $80 million in Series B funding The round was led by a16z, with participation from Polychain Capital and numerous other funds and angel investors. The total funding for the project is $140 million. The company is developing the Story Protocol L1 blockchain, which will tokenize intellectual property, making it programmable.

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Last week, net outflows from spot Ethereum ETFs amounted to $14.16 million The largest outflow so far has been observed from the Grayscale ETF - $118 million. At the same time, an inflow of $76.35 million has been observed in the BlackRock ETF. Since the launch of the ETF, the total outflow has amounted to $420 million.

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Nasdaq and NYSE withdrew their options applications for spot Ethereum and Bitcoin ETFs Other exchanges (MIAX, MIAX Pearl and BOX Exchange) did the same. Analysts expect them to reapply.

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Tether will double its staff over the next year to better meet regulatory requirements The company expects its workforce to reach 200 by mid-2025. According to Paolo Ardoino, Tether is very careful about expanding its workforce too aggressively.

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Ronin developers reported that white hat hackers have returned the stolen ~$10 million For this they received a reward of $500 thousand. The bridge will undergo an audit before resuming operation.

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Bloomberg: Montenegro's Court of Appeal rules that Terraform Labs co-founder Do Kwon will be extradited to South Korea rather than the US The court also stated that the decision cannot be appealed. Montenegro will cooperate with Interpol to organize the extradition. It is expected to be completed on an expedited basis.

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Cosmos-based Keplr wallet adds support for EVM networks In particular, Ethereum, Optimism, Base, Polygon, BNB Chain, Arbitrum, Avax and Blast were integrated. Support for ENS domains has also been added. Additionally, users can add ERC-20 tokens via smart contract address.

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BlackRock's head of digital assets Robert Mitchnick said the company has no plans to launch other cryptocurrency ETFs “I don’t think we’ll see a long list of crypto ETFs. BTC makes up about 55% of the market capitalization. ETH - 18%. The next one is the asset is about 3%. This is not even close to the threshold or track record of maturity, liquidity and so on,” he added.

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Kamala Harris will not be speaking at the Bitcoin 2024 conference Previously, negotiations were held with her about participation in the event.

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Grayscale expects the Ethereum spot ETF to begin trading on July 23.

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A Dutch court has refused to release Tornado Cash developer while he prepares an appeal. On May 14, Pertsev was sentenced to 64 months in prison for laundering $2.2 billion through the Tornado Cash mixer.

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Bitstamp reported that under an agreement with the trustee of MtGox, the exchange has 60 days to distribute BTC to investors Japanese exchanges Bitbank and SBI VC Trade have already distributed assets among investors. The payout period on Kraken is up to 90 days. MtGox has distributed 47,229 BTC so far.

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According to LTP, the most liquid exchanges on the market are Binance, Kraken, Coinbase and OKX Since March 2024, Gate and KuCoin's liquidity performance has also gradually improved. In turn, Bitfinex experienced volatility.

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