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- DeFi Protocols Face DNS Threat, Coinbase's SEC Challenge, & SEC Says BUSD Isn’t A Security!
DeFi Protocols Face DNS Threat, Coinbase's SEC Challenge, & SEC Says BUSD Isn’t A Security!
M6 Labs Alpha Bytes 🚨: 12th July
GM anon ☕🐺
In today’s Alpha Bytes👇
More than 220 DeFi protocols still ‘at risk’ from a potential Squarespace DNS Hijack. NY Judge rejects Coinbase’s efforts to subpoena SEC Chair Gary Gensler. SEC drops investigation into Paxos, decides BUSD not a security.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/15864147-81c0-4380-8ff2-cc1ce8d5f3ac/image.png?t=1720786423)
BTC $56, 965 (-1.99%), ETH $3, 066 (-1.56%), SOL $134.99 (-5.05%)
Crypto News 📰
US inflation falls to 3%, lower than expectations
Notcoin, 1inch, and Sign launch accelerator for Telegram and TON ecosystems
Animoca Brands launches validator on Bitcoin L1 core to boost security
Binance negotiates Gopax stake sale to South Korea's Megazone
Several Tailwinds could push Bitcoin to $100k this year as US Inflation cools
Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund
U.S. spot Bitcoin ETFs recorded $147M in net inflows, led by Fidelity’s FBTC with $58M
MicroStrategy reveals 10-for-1 Stock Split after amassing $13B in Bitcoin
Germany holds less than $300M in Bitcoin as selloff accelerates
Fireblocks adds five custody firms to global program
Iggy Azalea's MOTHER Token jumps over 50% after partnering with DWF Labs
House fails to overturn Biden veto on pro-crypto banking bill
DWS confirms plans to launch first regulated euro-backed stablecoin in 2025
OKX picks Malta over France as Europe hub to comply with EU's MiCA crypto rules
Ethereum ETF issuers eagerly waiting on the SEC to provide details on potentially final filings
Crypto market rebound expected in august, liquidations to finish by july-end: JPMorgan
DeFi and stablecoins are coming to the Bitcoin ecosystem
US SEC eases crypto reporting for banks and brokerages
Coinbase launching a ‘one-stop’ crypto app designed to simplify user experience
Story Protocol plans to launch IP-focused Layer 1 this year
Hamster Kombat founders reveal game’s origins, plans for a second airdrop
Airdrops🪂
Project Updates 🔥
Threads 🧵
Launches 🚀
Fundraise 💰
@tread_labs (CeFi) - $3.5M Pre-Seed led by @newformcapital
@KulipaXYZ (Blockchain Service) - $3M Seed led by @fabric_vc @WhiteStarCap
Calendar 🗓️
8 July : $ETHFI - $150M Unlock
8 July : $ENS - Rebrand news
8 July : $EOS - Revamped Staking Rewards
9 July : $XAI - $85M Unlock
11 July : U.S. - CPI
11 July : Bithumb - Delisting Decision $ALEX
11 July : $OP - Fjord update
12 July : U.S. - PPI
Videos 🎥
That's a wrap for today!
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