July 2024 - Crypto News And Market Updates

Crypto security illustration showing a shield and warning symbols, representing scam prevention and protection in the crypto space.

India’s Web3 Association Bolsters Cybersecurity Efforts After $230 Million WazirX Hack

July 31, 2024 Gonzalo

In response to the recent $230 million WazirX hack, India’s Web3 Association is enhancing cybersecurity and consumer protection within the crypto industry.

Illustration representing a core blockchain network with interconnected nodes, data blocks, and secure infrastructure.

Karak Integrates Space and Time to Power Trustless Rewards

July 31, 2024 Gonzalo

Karak integrates Space and Time to enhance trustless rewards and security in Distributed Secure Services, backed by Coinbase and Pantera Capital.

Illustration representing the potential quantum computing threat to Bitcoin’s cryptographic security.

Artists Sue SEC to Clarify Regulatory Authority Over NFTs

July 30, 2024 Gonzalo

Artists Brian Frye and Jonathan Mann sue the SEC to clarify its authority over NFTs, questioning the need for registration and disclosure of risks.

Illustration depicting American Bitcoin mining industry amid political discourse and U.S. policy narratives.

Bitcoin and BTC Mining Pose Promising Future

July 30, 2024 Gonzalo

H.C. Wainwright & Co analysts predict a bullish future for Bitcoin and BTC mining, citing institutional developments and potential national adoption.

Illustration showing Binance exchange visuals with market data overlays, representing projected crypto listings and market analysis for 2025.

WazirX Draws Backlash Over ‘Socialized’ Recovery Plan, Asks Binance for Help

July 29, 2024 Gonzalo

WazirX faces backlash for its hack recovery plan and seeks help from Binance. The Indian crypto exchange lost over $230 million in a cyberattack.

Dutch Finance Ministry Rejects AFM’s Funding Boost for Crypto Oversight

July 29, 2024 Gonzalo

Dutch Finance Ministry Rejects AFM’s Funding Boost for Crypto Oversight

Digital Asset Products Continue Inflow Streak, Exceed $20.5B YTD

July 29, 2024 Gonzalo

Digital asset investments maintain strong inflows, reaching $20.5B YTD. Bitcoin and Ethereum ETFs see significant growth, driving market interest.

Illustration visualizing rumors around Bitcoin strategic reserves and potential government involvement.

Trump’s Bitcoin 2024 Keynote Includes Plan for US Bitcoin Reserve

July 28, 2024 Gonzalo

Donald Trump announces a national Bitcoin reserve at the Bitcoin 2024 conference, pledging support for the crypto industry and outlining his deregulation plans.

Digital custody illustration with a secure lock, representing SEC-focused discussions around crypto custody and asset protection.

Grayscale Bitcoin Mini Trust Approved by SEC, Pending S-1 Registration

July 27, 2024 Gonzalo

The SEC has approved the Grayscale Bitcoin Mini Trust, a scaled-down version of GBTC, pending the effectiveness of its S-1 registration statement.

Illustration exploring theories about the identity of Bitcoin creator Satoshi Nakamoto.

ZachXBT Criticizes Irene Zhao’s New Memecoin Amid Past Failures

July 27, 2024 Gonzalo

ZachXBT questions Irene Zhao’s new memecoin amid concerns over her past crypto project failures and transparency issues in the crypto community.