Putin Legalizes Crypto Mining, Mark Cuban Backs VP Harris, & RTR Token Dumps 95% as Trump Jr. Denies Link!

M6 Labs Alpha Bytes 🚨: 9th August

Author

M6 Labs
August 09, 2024

GM anon ☕🐺

In today’s Alpha Bytes👇

Vladimir Putin signs law legalizing cryptocurrency mining in Russia. Mark Cuban backs ‘Crypto4Harris’ as betting odds favor VP Harris over Trump. Meanwhile, Trump-themed token RTR dumps 95% after son denies link to token. Do Kwon’s Extradition from Montenegro postponed yet again.

BTC $61, 200 (+6.66%), ETH $2, 695 (+10.87%), SOL $158.59 (+2.20%)

Crypto News 📰 

  • Bitcoin Miner with Celsius assets delays IPO after losing CEO and Auditor

  • Medical Data Company OneMedNet latest to pursue Bitcoin treasury strategy after capital raise

  • Coinbase takes aim at CFTC's definition of 'Gaming' in proposed Prediction Market rules

  • Bitcoin bulls revisit $100k year-end target as BTC spikes over $62k

  • Exchange MIAX withdraws its proposal to list and trade options on spot Bitcoin ETFs

  • US spot Bitcoin ETFs see $192M in inflows, Ether ETFs lose $3M

  • Hong Kong lawmaker calls for easier banking access for crypto firms in region

  • Crypto-Friendly Bank ordered by Fed to limit risks from digital asset clients

  • Investment advisor Path taps Gemini as custodian for new automated crypto portfolio app

  • Animoca Brands announced a new partnership with Lamborghini to help drive brand engagement 

  • A wallet associated with Amber Group has received 1.6T $MOG, valued at $2.18M, from Gateio

  • Solana developers address critical vulnerability with coordinated patch

  • Gyroscope rolls out yield-bearing version of stablecoin targeting over 10% yield

  • Crypto asset manager Algoz Taps standard chartered-backed Zodia custody for safer investing

  • JP Morgan points to institutional Bitcoin optimism for resilient market

  • Bitcoin ETF options likely to go live in Q4 – Bloomberg analyst

  • The Open Network's TON token jumps over 8% following Binance listing

  • Franklin Templeton’s Blockchain Fund launches on Ethereum Layer-2 Arbitrum

  • BTSE partners with Orderly Network to launch BTSE Dex 2.0

  • BlackRock Bitcoin ETF investors hold the line as markets rebound

  • Blast memecoin Pacmoon migrates to Solana, rebrands to ARMY

  • OneCoin ‘Cryptoqueen’ Ruja Ignatova’s assets frozen by UK Court

  • XRP jumps 17%, beating Bitcoin gains, as Ripple-SEC case ends

  • Near Protocol unveils Chain Signatures to unite cross-chain DeFi and Bitcoin

  • Bitcoin volume in loss hit highest level since FTX collapse

  • Ore protocol’s V2 drives 14% of Solana network transactions

  • Coinbase-Backed Vega gets into prediction-market race, chasing Polymarket

  • According to Bloomberg, Tether plans to double its staff to 200 in the next year to strengthen compliance, etc

  • Wallet linked to Nomad Bridge hack transfers $36M of Ether to Tornado Cash

  • WazirX to undo all trades following $230M hack-related withdrawal freeze

  • NFTs get the last word at Ashmolean’s ‘Money Talks’ exhibition

Airdrops🪂 

Project Updates 🔥 

  • @SynFuturesDefi announces a new partnership with DEGEN

  • @0xMantle integrates @Pendle_fi for their Powder program

  • @EspressoSys - Espresso's HotShot Consensus Protocol is Now Open Source

  • @arbitrum Orbit chains can now use USDC as a custom gas token

  • @FTI_DA launches US Government Money Fund on @arbitrum

  • @binance to list $TON

  • @CoWSwap launches CoW AMM live on @Balancer

  • @nillionnetwork - Introducing decentralized Blind AI inference with @ritualnet

  • @fractality_fi - Y2K officially rebrands to Fractality

  • @pumpdotfun makes Coin Creation Free 

  • @Stacks is implementing a big upgrade 

Threads 🧵 

Launches 🚀 

Fundraise 💰

Videos 🎥

That's a wrap for today!

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