Market structure bill on agenda in first 100 days — Rep. French Hill
The FIT21 market structure bill passed the House of Representatives in May 2024 with bipartisan support by a 278-136 margin.
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Saylor signals impending purchase as BTC consolidates around $104K
According to SaylorTracker, MicroStrategy is up more than 65% on its Bitcoin investment, with an unrealized gain of over $19 billion.

FTX exploiter moved over $17.1M in ETH in the last 24 hours
A significant portion of the 7,749 ETH, worth roughly $13 million, was directed toward the THORChain router and Railgun contract. 170 Total views 9 Total shares According to recent information from Spot On Chain, an address linked to the FTX exploit identified as 0x3e9, has conducted transfers exceeding 10,000 Ether (ETH), worth roughly $17 million

SEC takes action against Chinese billionaire’s companies over $500M offerings
The SEC has taken action against three companies owned by Chinese Billionaire Guo Wengui for commingling the proceeds from two unregistered securities offerings. The United States Securities and Exchange Commission (SEC) has charged three of Chinese billionaire Guo Wengui’s companies over an initial coin offering (ICO) and initial public offering (IPO) that fetched around $487…

‘Data DAO’ Delphia raises $60M Series A led by Multicoin Capital
Decentralized autonomous organizations continue to gain traction. In the case of Delphia, retail traders will be rewarded for contributing their personal data. 273 Total views 5 Total shares Algo-adviser startup Delphia has closed a $60 million investment round backed by some of crypto’s biggest venture funds as it embarks on the creation of a new…

Bitcoin network difficulty breaks 3-month downtrend to mark new ATH
Bitcoin’s network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high.

Crypto group COPA launches bid to stop blockchain ‘patent trolls’
The Cryptocurrency Open Patent Alliance has launched a campaign targeting “patent trolls,” arguing that they block the path to crypto innovation.

72% of Russians say they have never bought Bitcoin: Survey
A new survey hints at a lack of crypto awareness in Russia as only 6% of respondents were found to have good knowledge of crypto. 121 Total views 23 Total shares Cryptocurrency adoption in Russia has not been moving too fast as an overwhelming majority of Russians have apparently not ever bought crypto, according to…

Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain
Blockchain technology is being posited as a potential solution to U.S. dollar liquidity issues in emerging markets. 321 Total views 3 Total shares Blockchain fintech company XREX has concluded a $17 million pre-A investment round led by a consortium of global investors, underscoring heightened institutional demand for crypto-focused startups. The consortium was driven by CDIB Capital…