Crypto News Weekly Digest 29.07.2023

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2023-07-29

 

Crypto market

BTC - 29163 -1.01%.

Growth leaders among altcoins are IMX, CSPR, HEX.

Fall leaders are MKR, THETA, SNX.

BTC dominance is 49.78%.

Altseason index 33.

 

An investor who bought Bitcoin in 2011 made a $31 million profit.

The last transaction with this address was made on April 11, 2012.

Back then, Bitcoin was worth $4.92, and the whale bought 1,037 Bitcoins for $5,000.

His investment is now worth $31 million.

 

$151.42 million liquidated in the market: BTC drops to $29k.

Bitcoin has set a monthly low. Liquidated positions with a margin of 50,604 traders.

The largest liquidation ($2.57 million) took place on the OKX exchange. Most of the top altcoins have suffered, some even worse than BTC.

 

Musk came up with and registered Xcom in 1999.

In 2000, Musk was fired due to disagreements with other founders. Xcom was later renamed PayPal.

In 2017, Musk purchased the Xcom domain from PayPal for an undisclosed amount.

 

Apple Store distributes malware through blockchain games.

The users of the game Brawl Earth, WildWorld, Dawnland, Destruction, Evolion, Pearl, Olymp of Reptiles and SaintLegend were scammed. There may be more.

When downloading and logging in with credentials on a smartphone, the Realst malware steals passwords and crypto

 

The former head of the FTX exchange will be sent to prison, - Associated Press.

$250 million bail will be canceled and parents will be sent to jail from a comfortable home for:

- pressure on witnesses;

- numerous violations of the regime;

- Leaked diary of his ex Caroline Ellison in the New York Times.

The trial of the SBF is scheduled for October. He is promised 130 years.

 

Expert opinion on possible SEC appeal in XRP case

Crypto Law founder John E. Deaton believes potential SEC appeal in Ripple Labs case is not a setback for XRP

Deaton said Judge Torres' ruling could still stand even if the SEC appeals. He believes that "it will be two years before the 2nd Circuit decides if it is appealed."

 

Arkham paid $5,000 for Do Kwon and Terraform Labs wallet data

A warrant was placed on the Arkham Exchange platform for information about the wallets of Terraform Labs and its co-founder Do Kwon

An unknown user and analyst of the OXT Research project under the pseudonym ErgoBTC executed it, for which they received more than $5,000

 

A committee of the US House of Representatives approved a bill on cryptocurrencies

The US House Financial Services Committee voted on new cryptocurrency legislation and passed the Financial Innovation and Technology for the 21st Century and Regulatory Definition of Blockchain Acts

The new bills are expected to facilitate the transition of digital assets from the category of securities to the category of goods. And they will also help to create a regulatory framework for regulating stablecoins

 

Polygon became a partner of the Central Bank of Italy in the development of the DeFi ecosystem

In the next six months, the Milano Hub innovation center will develop an institutional DeFi ecosystem

The project was initiated by the Central Bank of Italy in cooperation with Polygon Labs and the Israeli company Fireblocks

 

Robert Kennedy Jr. bought 14 BTC for his children

Candidate for the President of the United States of America, Robert Kennedy Jr., said that he bought two bitcoins for each of his seven children