🔥 Grayscale Bitcoin Mini Trust trading has officially launched

#grayscale #btc

🚫 The Terra network has been compromised

An attacker exploited a re-entry vulnerability to steal 60m ASTRO, 3.5m USDC, 500,000 USDT and 2.7 BTC totalling $5.2m.

Developers restarted the blockchain with validators after fixing the issue.

#Terra #LUNA

😮 Howard Lutnick (Tether custodian) said that in 2022, Sam Bankman-Fried and Circle tried to ‘destroy’ USDT

It was during this period that there was a sharp drawdown in USDT's capitalisation - from $83bn to $66bn. But this was not a problem for Tether.

#Tether #USDT

⬇️ Highlights of Jerome Powell's speech during the FOMC press conference

• Inflation figures for the second quarter added to confidence;

• A rate cut will be discussed in September. No decision has been made yet. We just need to see more good data.

• Most Chairmen believe we are close to easing credit policy

• There was a real discussion about a rate cut at this meeting. The majority has decided not to change the rate

• The time for a rate cut is approaching

#fomc #powell

😎 MtGox has paid compensation in BTC and BCH already to 17,000 creditors

This makes the data more than 70% of the previously reported 24,000.

#mtgox

🗝 Major token unlocks planned for August

3 August - 601.56 million W (6.02% of total supply)

5 August - 7.27 million GAL (3.63% of total supply)

14 August - 181.38 million SAND (6.05% of total supply)

#unlocked

🇺🇸 A bit about the BTC reserve bill

Senator Cynthia Lummis introduced the BTC Strategic Reserve Act in the U.S. Senate, and has released it for all to read.

#USA #BTC

📉 SoSoValue reports that capital outflows from spot Ethereum-ETFs resumed on 31 July

It totalled 77.2 million.

#ETF #ETH

🕯Bitcoin closes July with a 2.95% gain

Ethereum, meanwhile, showed a 5.88% drop for the month.

It should be noted that historically BTC closes July "in the plus" for the eighth time. On average, this month the asset shows growth of 7.56%.

#BTC #ETH

🇭🇰 Hong Kong's largest broker Futu Securities will start offering crypto trading services to 22,000,000 customers

Bonus for traders - Alibaba and Nvidia shares.

#futu

✋ Terra founder Do Kwon is extradited to South Korea

This decision is not subject to appeal.

#terra

🔵 Pavel Durov was included in the Bloomberg Billionaires Index ranking

He is now ranked 279th with a fortune of $9.15bn.

#telegram #durov

💸 Coinbase's revenue in the second quarter of 2024 was $1.45bn

At the same time, the company's net income fell to $36 million, down from nearly $1.2 billion in the first quarter.

The exchange's revenue from transaction fees fell 27% and trading volume fell 28%.

#coinbase

😎 BTC will definitely be worth $350k!

CEO VanEck claims that Bitcoin will account for half of gold's total market capitalisation and reach $350,000.

#btc #vaneck

📍 Kamala Harris' team will meet with crypto industry leaders on 5 August

#usa #harris

🙄 48% of users expect bitcoin to fall below $60,000 - Polymarket data

Another 26% bet that bitcoin will break through the $55,000 price mark. 12% of users expect it to fall below $50,000, while 4% expect it to fall below $45,000.

#polymarket #btc