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

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 🔥 

• Bitcoin-focused app Fold plans to go public via special purpose acquisition company

• AgriDex completes first agricultural RWA trade on Solana

• Bitcoin startup Alby unveils ‘one-click’ Lightning app store with new ‘Hub’ service

• Citi upgrades Coinbase shares to ‘buy’ citing ‘shifting’ US politics

• Stablecoin pegged to Hong Kong dollar unveiled

• Crypto custodian Hex Trust granted a license to offer services in Singapore

• Tether mints $1B on Tron with no fees

• Stargate DAO proposes integration with Sei Network

Threads 🧵 

• Layered bitcoin

• Seven potential narratives to watch

• THORChain founder and his plan to ‘vampire attack’ all of DeFi

• Why the U.S. doesn’t need a tax on mining: Senator Lummis explains

• BitcoinOS just brought the first ZK proof to Bitcoin

Launches 🚀 

• Alkimiya Mainnet launches

• Firm behind Proton Mail unveils self-custodial Bitcoin wallet

• GRVT to launch Open Beta testnet on August 5

• Lido DAO launches a new on-chain voting proposal

• ZkLend launches ZEND staking service

• MapleStory Universe launches pioneer test phase

• Chainlink Ccip to launch on Astar Network

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!

Join our smol research channel to share crypto insights and help us empower the crypto community👇