📉 Mt.Gox stock down by 66%

Only 47,228 BTC were left with the stewards.

The market practically did not notice this event.

#MtGox

🌜 A whale wakes up after 12 years containing 37 BTC ($2.6 million)

In 2012, the coins were worth just $476.

#whale

💸 According to analysts Bitcoin miners have started a new phase of accumulation

In addition to accumulating BTC for mining, companies are actively buying Bitcoin directly on the market.

#btc #mining

❓ Peter Szilagyi, one of the developers of the Ethereum runtime layer, talks about concerns about the development towards centralisation

He drew attention to the PeerDAS technical update, which significantly restricts the ability of ‘home-stakers’ to operate on the network, in particular requiring an internet channel with a speed of at least 2.5 Gbps.

In Szilagyi's opinion, the update will be ‘murder in front of everyone's eyes.

#Ethereum

🥳SEC approved New York Stock Exchange (NYSE) Arca's request to list Grayscale's Bitcoin Mini Trust

#BTC #ETF

📈 Trading volume on betting platform Polymarket has exceeded $1bn since its launch

July accounted for a third of the indicator - $355 million.

The growth of the metrics is connected with the start of the US election campaign and betting on its outcome.

#Polymarket

😮SEC intends to amend its lawsuit against Binance US

Regulator no longer seeks to prove that ATOM, SOL, ADA, MATIC, FIL, SAND, MANA, ALGO, AXS and COTI tokens are securities

#SEC

💵 WazirX CEO Nishal Shetty has presented options for compensating users.

The first option involves litigation, which will take years and involves legal fees.

The second is a ‘social loss’ option with the possibility of growing the business and finding new solutions to the problem. It implies:
1️⃣ access to 55% of funds with no withdrawal option, but with priority for any potential recovery funds;
2️⃣ access to 55% of funds with the ability to withdraw, but with less priority for recovery.
3️⃣ the remaining 45% will be converted to USDT and blocked.

Exchange customers criticised both options as they ‘burden users for the exchange's own error and are designed to protect businesses, but not them.’

#WazirX

📈 The trading volume on DEX reached 14.22% of the trading volume on CEX

Which is a new all-time high for DEX platforms

#DEX

👀Peter Schiff says BTC won't wait for Trump

‘If Donald Trump really planned to use confiscated BTC to inject into U.S. reserves, he wouldn't have spread the word before taking office. Now the Biden administration will sell all BTC before November.’

#btc #trump

💸 Circle has been valued at $5bn ahead of its planned IPO

Stablecoin issuer USDC was valued at $9bn when it first tried to go public in a failed SPAC deal in 2022.

#USDC #CRCL

🤨 Analysts forecast the chip manufacturing and mining equipment segment in the US to reach $20bn over the next 5 years

But, subject to favourable changes in the regulatory environment should Donald Trump win.

Some companies are able to compete with leading Chinese manufacturers such as Bitmain. Annual demand for mining equipment is expected to grow by 15-30% due to increased network hash rate and the need to upgrade existing infrastructure.

#mining #usa

👀Ripple executive condemned by SEC for plan to amend Binance complaint

Further proof of the SEC's hypocrisy.

Chairman Gensler claims the rules are clear, but his SEC can't make sense of them and is applying them haphazardly, causing more confusion in the industry.

#ripple #sec