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- BlockFi Announces Crypto Distribution via Coinbase; WazirX Hacker Converts Stolen Funds to Ether
BlockFi Announces Crypto Distribution via Coinbase; WazirX Hacker Converts Stolen Funds to Ether
M6 Labs Alpha Bytes 🚨 July 19th
GM anon ☕🐺
In today’s Alpha Bytes👇
BlockFi will begin processing crypto distributions via Coinbase this month. The WazirX hacker converted most of the stolen crypto into ETH,and Elliptic believes that North Korean hackers are behind the attack.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/03f7534c-5cd0-49ea-a2b0-3f2ef66f985d/Meme__15_.png?t=1721394899)
BTC $64,218 (-1.25%), ETH $3,438 (-0.35%), SOL $164.43 (+2.91%)
Crypto News 📰
Winklevoss twins donate $1M in bitcoin to Sen. Warren's rival
Mt. Gox creditors report multiple ‘brute-force’ attempts on their accounts
Jamie Dimon, who once vowed to shut Bitcoin, eyed by Trump for Treasury Secretary
Li.Fi releases incident report following $11M hack
Judge reduces sentencing for Ethereum developer Virgil Griffith by seven months
Chainalysis unveils Operation Spincaster, combatting $2.7B in crypto scams
Hong Kong lists Standard Chartered, Animoca Brands as stablecoin sandbox participants
Bitcoin mining analyst on Bitfarms: ‘CEO overhang now lifted’
Judge nods Robinhood’s $9M ‘refer-a-friend’ lawsuit settlement
Kraken Custody expands to UK and Australia markets
BtcTurk CEO steps down from one of Turkey’s biggest crypto exchanges
$520B state-owned Italian bank trials digital bonds on Polygon
OKX selects Malta as MiCA hub for EU crypto compliance
Memecoins inspired by potential Joe Biden replacements rally after he catches COVID-19
Project Updates 🔥
TLX now supports 7x ETH leveraged tokens
Lens targets Q4 for mainnet on ZKsync, with end goal of AI monetization
Polygon plans to migrate MATIC to POL token on Sept. 4
Jack Dorsey’s Block to shutter UK operations for Cash App
Pixelverse PIXFI token rises nearly 50% in first hours after airdrop
VeChain wallet VeWorld adds support for Apple Pay via Transak integration
Threads 🧵
Launches 🚀
The KIP node sale is live!
Lumia $ORN HyperNodes are now live!
Meta won’t launch new AI products in EU, citing ‘regulatory uncertainty’
Outlier Ventures, Morgan Creek Digital launch Web3 Latam accelerator program
21Shares launches Injective ETP with staking on Euronext
OpenAI launches new super-efficient, low-latency ‘GPT-4o mini’
Zivoe announces mainnet launch of its RWA credit protocol
Fundraise 💰
Crypto investment platform Truvius raises $3.2M pre-seed led by Galaxy Ventures
Blockchain data network Chainbase raises $15M in Series A funding
Kleiner Perkins-backed data platform Allium closes $16.5M Series A
Monad’s $225M funding: Optimistic parallelization and MonadBFT insights
Tencent-led $15M funding to Chainbase aiming to pioneer on-chain intelligence
Bitrue announces $40M investment fund to back AI, defi, and gamefi startups
Airdrops 🪂
Claims are live and ETHFI restaking is now available
The $CLOUD Alpha Vault is now closed
That's a wrap for today!
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