Ethereum ETFs Go Live, Will Kamala Harris Be Pro-Crypto?

GM anon ☕🐺

In today’s Alpha Bytes👇

US spot Ethereum ETFs are approved to begin trading in the US on July 23. The Digital Chamber presses Kamala Harris to take a positive approach to crypto before the election. The US House of Representatives has passed fresh crypto legislation, this time to combat its use for illicit finance.

BTC $66,717 (-1.51%), ETH $3,458 (-1.20%), SOL $175.73 (-2.29%)

Crypto News 📰

• Forcount crypto scheme promoters plead guilty to wire fraud conspiracy

• Swan to cancel public listing and shutter Bitcoin mining unit following layoffs

• BlackRock’s IBIT records biggest inflow day since March at $523M

• Hive Digital to expand operations to Paraguay for the first time

• Blockchain security firm Veridise finds ZK audits are twice as likely to uncover critical issues

• Mt. Gox prepares for repayments on Bitstamp, executes test transactions

• Biden family memecoins tank 60% after Biden exits presidential race

• WazirX hacker consolidates $57M ETH into new wallets

• ETHTrustFund rug pulls on Base, leading to $2M in investor losses

• Jump Capital-backed stablecoin wallet Stables rolls out services in Europe

• Metaplanet partners with Hoseki for bitcoin verification

Project Updates 🔥 

• ETHTrustFund DAO transfers $2M treasury in apparent rug pull

• Payment platform Mercuryo integrates crypto on-ramp with Indonesian banks

• TON Foundation partners with Animoca Brands' Mocaverse and MOCA Foundation

• GMX updates the multiplier points system

• Injective integrates with Ondo Finance to introduce USDY

• Ether.fi Foundation updates ETHFI token claim period

• Terra announces an important community notice on cryptocurrency loss claims

• Nostra DAO elects Nostra Labs as a service contractor

• DMAGA now up 10,000x in 1 day

• 1INCH joins forces with Notcoin and signs to accelerate the growth of the Telegram and Ton Ecosystems

Threads 🧵 

• Crypto value investing

• Polymarket, or how I learnt to love drama

• Introducing @mellowprotocol, a modular infrastructure for LRTs

• Do you know you can accumulate $PENDLE easily?

• I'm starting to DCA into Pendle

Launches 🚀 

• $AIM trading at @Uniswap on @base is now live!

• $NAVY token launch started

• Zircuit will launch Mainnet Phase 1 soon

• OKX launches bitcoin price guessing game 'OKX Racer' as Telegram mini-app craze continues

• Folks Finance launches the xChain Testnet on multiple blockchains.

• LayerZero Foundation launches zkLink Nova

• Karak Network launches the V2 Keystone Testnet with new features

Fundraise 💰

• @Etherfuse raises $3M in a Seed funding round  

• Coinbase alumni raise $21M for web3 gaming infrastructure startup NPC Labs

• Singapore commits $74.3M for quantum and AI in finance

• Hybrid exchange raises $1M as capital moves from AVAX and LTC

Airdrops🪂

• Avail will launch $AVAIL airdrop

• The L3 allocation checker will be live on July 24th

That's a wrap for today!

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