MonoSwap Hacked, and Ferrari Will Launch Crypto Payments in Europe!

M6 Labs Alpha Bytes 🚨 July 25th

GM anon ☕🐺

In today’s Alpha Bytes👇

MonoSwap hacked and warns users not to deposit funds, hacker transferred 371 ETH (approximately $1.3M) to Tornado Cash. Ferrari launches crypto payments in Europe after success in the US. A US senator plans to announce legislation for the Strategic Bitcoin Reserve at Bitcoin 2024.

BTC $64,310 (-2.40%), ETH $3,170 (-7.81%), SOL $171.70 (-1.22%)

Crypto News 📰

  • Russian parliament passes bill for crypto use in international trade, legalizes crypto mining

  • Spot Ethereum ETFs generate $951M in trading volume and $133M in net inflows on the second day

  • HSBC Australia to block all payments to crypto exchanges, citing scams

  • Coinbase files motion to compel in ongoing fight to get Gensler’s emails

  • Bitstamp to distribute Mt. Gox Bitcoin by July 25

  • Franklin Templeton eyes Solana ETF after Ethereum success

  • Bitcoin investment fund opens doors to EU citizenship

  • Craig Wright’s colleague tried to stop court case — He didn’t listen

  • Thailand distributing digital money to 45M citizens to boost economy

  • Crypto bank Sygnum posts profit after doubling crypto trading volumes

  • Crypto advocate Michelle Bond launches crypto voter registration and education program, Project Swing

  • Interpol targets Hong Kong crypto promoter with red notice over $384K fraud

Project Updates 🔥 

Threads 🧵 

Launches 🚀 

Fundraise 💰

  • @Calderaxyz announces $15M Series A led by @foundersfund

  • @daobase_ai announces $6M funding round

  • Redpill AI has secured $5M in seed funding round

  • New L2 memecoin Pepe Unchained raises $5M ahead of presale price increase

  • Panda Titan secures $3M funding for blockchain game development

Airdrops🪂

  • @sweepr_fi launches the "Free Money" airdrop claim on Friday, 7/26, at 4 PM GMT!

  • @Lamina1official launches a community-wide airdrop on July 25th, 11 a.m. PDT/6 p.m. UTC

That's a wrap for today!

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