Author: Tony Pearce
zkSync Devs Create New Proof Mechanism
Reading Time: < 1 minuteMatter Labs has just unveiled its new STARK-based proof system, Boojum, for their Layer 2 Ethereum solution, zkSync Era.
Crypto Funds See Influx of Funds for 4th Consecutive Week
Reading Time: < 1 minuteCoinShares analysts have reported that from July 8 to July 14, inflows into cryptocurrency investment products totaled $137.4 million.
SEC Accepts Spot Bitcoin ETFs Applications
Reading Time: < 1 minuteThe SEC has accepted applications for spot Bitcoin ETFs from BlackRock, VanEck, Invesco, Fidelity Investments and WisdomTree.
JPMorgan: Bitcoin Halving is Similar to a Stress Test for Crypto Miners
Reading Time: < 1 minuteJPMorgan strategists Nikolaos Panigirtzoglou and his team have noted that a Bitcoin halving can have a positive effect on the cryptocurrency’s price.
Crypto Exchange Bitget Says its Reserves Amount to $1.44B
Reading Time: < 1 minutePopular cryptocurrency exchange Bitget has recently revealed that its total reserves amount to $1.44 billion. Most of these funds are held in Bitcoin, Tether, Ethereum and USDC.
Celsius Network Demands $150M from StakeHound
Reading Time: < 1 minuteBankruptcy company Celsius Network has accused StakeHound, a platform on the LSD blockchain, of failing to return tokens worth approximately $150.3 million.
Fox Unveils Premiere Date for its NFT Series Krapopolis
Reading Time: < 1 minuteFox Broadcasting Company has declared that the animated series “Krapopolis” from the creator of “Rick and Morty” Dan Harmon will have its premiere on September 24, 2023.
Number of Jobs in Crypto Industry Falls by 10%
Reading Time: < 1 minuteA report from K33 Research has found that there has been a 10% decrease in the number of people employed in the cryptocurrency sector, dropping from 210,000 to 190,000.
Russia’s Parliament Approves Law on Introduction of Digital Ruble
Reading Time: < 1 minuteThe State Duma of the Russian Federation has passed in the second and third read ings a law which lays the groundwork for the integration of the central bank digital currency (CBDC).
Crypto Funds See Influx of Funds for Third Consecutive Week: CoinShares
Reading Time: < 1 minute
CoinShares analysts have assessed that the inflow of funds into cryptocurrency investment products over the past week (July 1-7) was $136.1 million, up from $124.7 million the week before.
Mining Firm HIVE Blockchain Mined 259 BTC Last Month
Reading Time: < 1 minuteHIVE Blockchain Technologies mined 259 Bitcoins in June, bringing their reserves up to 1967 BTC.
Arthur Hayes: Bitcoin Will Rise in the AI Era
Reading Time: < 1 minuteArthur Hayes, the founder of crypto exchange BitMEX, has recently reaffirmed his bullish forecast for Bitcoin, claiming its value could soar to $760,000.
Mining Firm Marathon Mined in June 21% Less than in May
Reading Time: < 1 minuteMarathon Digital Holdings mined 979 BTC last month, a 21% reduction from the record in May, yet a 599% year-over-year increase.
Bitfinex: Bitcoin’s Growth Phase Will Return
Reading Time: < 1 minuteThe Bitfinex exchange believes that, with the SOPR index currently in the green zone.
Devs Propose ETH Standard to Fight DeFi Project Hacks
Reading Time: < 1 minuteThe Ethereum community’s group of programmers has created the ERC-7265: Circuit Breaker standard in order to improve the security of DeFi protocols.
Australia is Third Country with Largest Number of Crypto ATMs
Reading Time: < 1 minuteAs of July 1, 2023, Australia had risen to third place in the ranking of countries with the highest number of Bitcoin ATMs, boasting 513 digital currency terminals according to CoinATMRadar service data.
Crypto Funds See Influx of Funds for Second Week in a Row: Report
Reading Time: < 1 minuteCoinShares analysts found that the total influx of funds into cryptocurrency investment products from June 24 to June 30 was $124.7 million, which is a decrease from the $199.1 million recorded for the previous week.
WSJ: SEC Will Reject BlackRock’s and Fidelity’s ETF Application
Reading Time: < 1 minuteThe SEC has informed Nasdaq and CBOE exchanges that applications from BlackRock, Fidelity, and other companies for spot Bitcoin ETFs were deemed to be “not clear and comprehensive” due to the lack of information regarding the joint monitoring agreement or its details.
The Central Bank of India Says Stablecoins Threaten Financial Stability
Reading Time: < 1 minuteOn June 28, the Central Bank published a report warning of the risks posed by stablecoins, as their use could decrease the attractiveness of physical cash and cause financial instability.
US Users Are Interested in Spot Bitcoin ETFs
Reading Time: < 1 minutePaul Grewal, Coinbase’s General Counsel, has expressed in an interview with Bloomberg his opinion that the US investment community is in dire need of a spot version of an exchange-traded fund based on the digital currency.
July Could Be a Good Month for Bitcoin: Matrixport Analysts
Reading Time: < 1 minuteA new bullish phase is expected to start in July, which could potentially see the value of Bitcoin rise more than it did in June of 2023.
Report: Crypto Miners Send $128M to Crypto Exchanges
Reading Time: < 1 minuteCryptocurrency exchanges received $128 million worth of digital currencies, which is equivalent to 315% of miners’ daily production and set a new all-time high.
Robinhood Plans to Fire 7% of its Full-time Employees
Reading Time: < 1 minuteRobinhood has announced that approximately 150 employees will be laid off in their third wave of layoffs in over the past year.
Peter Schiff Warns About Imminent Collapse of Bitcoin
Reading Time: < 1 minutePeter Schiff has once again commented on the recent rally of Bitcoin, predicting an imminent collapse in the value of the cryptocurrency.
Singapore Considers Aspects of Tokenization and DeFi Protocols
Reading Time: < 1 minuteThe MAS has presented a report summarizing an initiative to assess tokenization and DeFi’s compliance with international standards.

























