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- Bitwise CIO predicts $5K ETH Surge, Mt. Gox Creditors Face New Challenges, & WazirX Faces $230M Exploit!
Bitwise CIO predicts $5K ETH Surge, Mt. Gox Creditors Face New Challenges, & WazirX Faces $230M Exploit!
M6 Labs Alpha Bytes 🚨: 18th July
GM anon ☕🐺
In today’s Alpha Bytes👇
Bitwise CIO predicts Ethereum ETF inflows will push ether prices to all-time highs above $5K meanwhile Grayscale Ethereum Mini ETF Gets Green Light From the SEC. Mt. Gox Creditors Reportedly Hit By Failed Login Attempts Amid Repayments. WazirX sees $230M in suspicious withdrawals, largely $100M in SHIB token.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/1b6522aa-8a4e-45b3-bee1-fcf6e1b89643/image.png?t=1721310181)
BTC $65, 001 (-0.86%), ETH $3, 448 (-1.12%), SOL $159.68 (-0.90%)
Crypto News 📰
Grayscale launches new fund for decentralized artificial intelligence
BlackRock sets 0.25% fee in latest round of amended forms as firms gear up to launch spot Ethereum ETFs
Polygon sets september date for migration to POL token from MATIC
Trump says JPMorgan’s Jamie Dimon no longer Bitcoin critic, considers him for Treasury
Biden dropout chances rise to 68% after covid diagnosis
Stripe enables Bitcoin, Ether and Solana crypto purchase options in EU
Vitalik Buterin differs from Mark Cuban over crypto’s role in politics
Jack Dorsey’s hardware wallet Bitkey to integrate MoonPay for Bitcoin purchases
Polymarket hires Nate Silver after taking in $265M of bets on U.S. Election
Robinhood agrees to $9M settlement over unsolicited text messages
Arthur Hayes’ Maelstrom fund aims to boost Bitcoin development via Grants
Bitfinex derivatives to integrate with Thalex crypto exchange
TON Foundation to bolster Bitcoin utility with TON Teleport BTC
Hong Kong eyes stablecoin licensing regime to bolster crypto stability
Gnosis Pay and other crypto projects impacted in Fractal ID data breach
Binance executive Gambaryan faces 8 months in Nigeria custody with latest trial delay
LI.FI loses estimated $9M in exploit
OKX Wallet adds support for TON blockchain, marking 100th mainnet integration
Cameron and Tyler Winklevoss each contributed $250K to new Trump-Aligned Super PAC
Crypto trading firm XBTO establishes tokenization team to focus on Real World Assets
Tether announces strategic collaboration with D3 Labs
Bitcoin critic senator Menendez to quit Congress following corruption conviction
TradFi giant state Street Mulls creating stablecoin, tokenized deposits
Bitcoin Miner Northern Data moves to dismiss ex-employees’ whistleblower suit
OKX to exit Nigeria amid regulatory hurdles, sets August deadline for users
Taiwan passes new AML legislation to imprison illegal operators for up to two years
Standard Chartered-Backed Zodia Markets to buy Elwood trading desk
Airdrops🪂
Project Updates 🔥
Stardust Launches Starbase for the Ultimate Celestial Gaming Experience
Deribit to launch Bitcoin and Ether options to bet on US election
@EntangleFi reduced token emissions and burned 25% of team tokens
Threads 🧵
21 ways to succeed at trading and 13 ways to fail - @Stoiiic
Funding rates and why they are not what they seem - @lazyvillager1
The Worldcoin Cash Grab Part 2 - @DefiSquared
Modular Summit 3 Recap - @ayyyeandy
Launches 🚀
Fundraise 💰
@0xOhGamers (GameFi) - $3M Seed investment from @Axia8Ventures
@pexxme (Blockchain Service) - $4.5M Seed led by TNB Aura
@SkyTradeNetwork (Blockchain Service) - $TBD Pre-Seed led by @Modular_Capital @PortalVentures
@dill_xyz_ (Blockchain Infrastructure) - $TBD Pre-Seed led by @fslweb3
Privy announces a strategic investment from Coinbase Ventures
Calendar 🗓️
15 July : $STX - Nakamoto Upgrade
16 July : $DNX - $0xDNX Release
16 July : $AGI - Lucy Beta + PancakeSwap
19 July : Coinbase - COVAL·RAI·wAMPL Delisting
19 July : AGIX·FET·OCEAN - ASI Merger (Phase 2)
19 July : $LDO - Community Staking Module testnet (Permissionless)
Videos 🎥
That's a wrap for today!
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