🔔 MonoSwap Experiences Hack, Users Advised to Exercise Caution

➡️ MonoSwap announced on July 24 that it had been hacked and urged users to withdraw their funds immediately. The breach occurred after a developer installed a phishing application during a call with scammers posing as venture capitalists, giving hackers access to the platform’s wallets and contracts. MonoSwap is investigating the incident and seeking help from venture capitalists to recover.

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https://x.com/monoswapio/status/1816151998267547851

🔔 Franklin Templeton Considers Solana ETF Following Ethereum Success

➡️ Franklin Templeton, an early issuer of a spot Bitcoin ETF in the U.S., is optimistic about future cryptocurrency ETFs, including Solana. In a July 23 post, the firm highlighted Solana's adoption and technological advancements. The same day, Franklin Templeton launched its spot Ethereum ETF on the CBOE BZX exchange with a 0.19% fee, waived to 0% until January 31, 2025, for the first $10 billion in fund assets.

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https://x.com/FTI_DA/status/1815830495403626816

🔔 US Senator Pulls Back Support for Elizabeth Warren’s Anti-Crypto Bill

➡️ Republican Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act, which he co-created with Democrat Senator Elizabeth Warren in 2022. This leaves 18 senators still backing the bill, which aims to regulate the crypto industry under existing anti-money laundering laws. The bill has faced criticism for exaggerating crypto's role in illicit activities and potentially harming the U.S. crypto industry.

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https://www.congress.gov/bill/118th-congress/senate-bill/2669/cosponsors

🔔 Binance.US to Delist TrueUSD (TUSD) on 30 July

➡️ Binance.US will delist TrueUSD (TUSD) as part of its regular review process for digital assets. Deposits for TUSD will close on July 30, 2024, at 2:00 a.m. UTC, and trading will end on July 31, 2024, at 3:00 a.m. UTC. Withdrawals will remain open until further notice.

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https://support.binance.us/hc/en-us/articles/25143697191447-Binance-US-Will-Delist-TrueUSD-TUSD-on-July-30-2024

🔔 Solana Protocol Solend Renames to ‘Save’, Unveils New Stablecoin and Token

➡️ The Solend protocol on Solana has rebranded to Save and introduced new features: SUSD, a 0% interest stablecoin, saveSOL, a liquid staking token, and dumpy.fun, a memecoin shorting platform. Save aims for rapid growth through the deep integration of SUSD into its protocol.

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https://blog.save.finance/solend-is-now-save-c8a204ce5ea5?gi=0d560f985e29

🔔 Marathon Purchases $100M in Bitcoin, Returns to 'Full HODL' Strategy

➡️ Marathon Digital Holdings has acquired $100 million worth of Bitcoin over the past month, planning to "HODL" as a strategic treasury reserve asset, according to CEO Fred Thiel.

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https://x.com/fgthiel/status/1816445977059868780

🔔 Revolut Secures UK Banking License, Embracing Crypto-Friendly Status

➡️ Revolut has obtained a U.K. banking license after a three-year wait, entering the mobilization stage with the Prudential Regulatory Authority. This move sets it up to become a full bank and offer crypto services. The fintech giant, valued at $45 billion, also plans to sell $500 million in employee-owned shares.

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https://www.revolut.com/news/revolut_receives_uk_banking_licence/

🔔 Presidential candidate Robert F. Kennedy Jr. praised the role Bitcoin could play in improving the US economy at the Bitcoin2024 event, proposing sweeping changes to US monetary policy. He pledges four Bitcoin-related executive orders upon taking office as President:

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🔔 WazirX founder Nischal Shetty has planned the recovery of the stolen assets.

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🔔 BitFlyer Acquires FTX Japan, Announces Plans for Crypto ETFs

➡️ BitFlyer Holdings has acquired FTX Japan and plans to launch crypto-based ETFs. BitFlyer now wholly owns FTX Japan and intends to offer crypto custody solutions for institutional investors. CEO Yuzo Kano emphasized their goal to securely store BTC for ETFs, aiming to become a key industry infrastructure. FTX Japan was previously part of the collapsed FTX exchange.

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https://x.com/YuzoKano/status/1816703511079584041

🔔 Asset management giant VanEck is once again teasing the possibility of introducing a spot Solana ETF.

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🔔 At the 2024 Bitcoin Conference, Jan van Eck, CEO of the investment management firm VanEck, revealed that more than 30% of his portfolio is now in Bitcoin.

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🔔 Michael Saylor says the US government should hold the majority of Bitcoin

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🔔 Coinbase, one of the largest crypto exchanges in the world, has added three members to its board of directors—including an OpenAI executive and a former U.S. Solicitor General.

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🔔 StarkWare will be integrating the Cosmos-based IBC protocol on Starknet in collaboration with Informal Systems.

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🔔 International police agency, issued two red notices on Thursday for promoters Ching-Kit Wong and Tsun-Ting Mok.

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🔔 Uniswap, a decentralized cryptocurrency exchange, has announced an update for UniswapX, and users are hoping for more activity.

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🔔 Luxury sports car giant Ferrari is set to expand crypto payment options to its European dealer network this month following its U.S. launch.

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🔔 Casper Network Suspends Operations Following Security Breach

➡️ Casper Network, known for decentralized applications, experienced a security breach, prompting a temporary halt of operations. The Casper team, along with validators, suspended the network to mitigate the impact and prevent exploitation. The Casper Association, Casper Labs, and validators are collaboratively working to resolve the issue.

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https://x.com/Casper_Network/status/1817567910275014748

🔔 Weekly United States Bitcoin ETFs Net Flow