🔔 JUST IN: Mt. Gox Trustee Started Repayment to Creditors

➡️ On July 5, 2024, the Mt. Gox Trustee started repaying creditors in Bitcoin and Bitcoin Cash via designated exchanges. Further repayments will follow after completing account validations and discussions with exchanges. Creditors are asked to be patient.

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https://www.mtgox.com/img/pdf/20240705_announcement_en.pdf

🔔 SBF's Family Tied to $100M FTX Scandal, Legal Troubles Loom !

➡️ Sam Bankman-Fried, founder of FTX, is involved in a $100 million scandal over misuse of company assets for political donations. The Wall Street Journal revealed that his family managed these funds, aiming to influence the 2022 election, with his father Joe Bankman directly involved in the operations. Legal proceedings are ongoing.

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🔔 Multicoin Capital to Match Up to $1 Million in SOL for Crypto-Friendly Candidates

➡️ Multicoin Capital is donating up to $1 million to support pro-crypto Republican lawmakers through The Sentinel Action Fund, with contributions matched up to $1 million in SOL. The initiative, powered by Gemini, aims to back candidates like Senator Bill Hagerty, R-Tenn., who advocate for favorable crypto regulations.

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https://x.com/KyleSamani/status/1809238856010514472

🔔 3AC-Linked Wallet Buys NFT for $59K Due to Uncancelled Offer from 3 Years Ago

➡️ A wallet linked to the bankrupt crypto hedge fund Three Arrows Capital (3AC) bought the Neon Village NFT for 20 Ether (around $59,821) on July 5. The purchase resulted from an offer made three years ago that was never canceled. The SuperRare Bot X channel announced the sale, identifying the buyer as "abcdefg," prompting some NFT collectors to congratulate both parties.

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https://x.com/SuperRareBot/status/1809075031084802534

🔔 Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions.

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🔔 Bitfinex plans to refund investors of its El Salvador Hilton hotel project, pending a new offer from the debt issuer.

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🔔 Taiwan Mobile, a key telecom player in Taiwan, now operates as the 26th licensed virtual asset service provider (VASP) after regulatory approval.

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🔔 Kraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading platform in 2024.

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🔔 Analyst: Government Bitcoin Sales Only 4% of $225B Bull Market Inflows

➡️ Bitcoin traders should not be swayed by government BTC sell-offs, says CryptoQuant CEO Ki Young Ju. He noted that government Bitcoin sales, around $9 billion, are minimal compared to the $250 billion of inflows since the latest bull market began. "Don't let gov't selling FUD ruin your trades," Ki advised.

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https://x.com/ki_young_ju/status/1809293501084909592

🔔 Justin Sun Unveils Gas-Free Stablecoin Transfers on Tron, Coming to Ethereum and EVM by Q4

➡️ Justin Sun announced that his team is developing a solution for gas-free stablecoin transfers, with fees covered by the stablecoins themselves. This innovation will first launch on the Tron blockchain and later support Ethereum and all EVM-compatible networks. The service is expected to launch in Q4 of this year.

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https://x.com/justinsuntron/status/1809579898136326509

🔔 Bitcoin Mining Difficulty Falls to Lowest Point Since March

➡️ On July 5, Bitcoin mining difficulty decreased by over 5% to a quarterly low of 79.50 terahashes (79.5T). This is the largest reduction since March, when it briefly dipped below 80T. Difficulty had spiked to an all-time high of 88.10T between March and May before gradually settling to the current level.

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https://x.com/f2pool_official/status/1809155768874328456

🔔 Binance to Delist BOND, DOCK, MDX, and POLS on July 22

➡️ Binance will delist and stop trading all spot trading pairs for BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS) on July 22, 2024, at 03:00 (UTC).

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https://www.binance.com/en/support/announcement/4ffb7170f2f84ce3a06cc0cf1a788c23

🔔 German Government Continues Selling Spree with Transfer of 1,000 More Bitcoins

➡️ The German government continues to transfer bitcoins to centralized exchanges, presumably to sell. On-chain analytics from Arkham show transfers of 250 bitcoins each to Bitstamp and Coinbase, totaling nearly $28 million. An additional 500 bitcoins were moved to an unlabelled address, possibly linked to an exchange or OTC service. Currently, the German government holds 38,826 bitcoins in known addresses, worth $2.17 billion.

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https://platform.arkhamintelligence.com/explorer/entity/germany

🔔 Propy Highlighted in Forbes for Revolutionizing Real Estate Transactions with Blockchain

➡️ In a recent Forbes article on how blockchain is redefining security and transparency in business, author Imane Adel highlighted Propy as a platform capable of streamlining real estate transactions through cutting-edge technologies.

➡️ “In real estate, companies like Propy are simplifying property transactions. The company is leveraging blockchain to streamline the buying and selling process, enhancing security and
efficiency.”

👉 https://www.forbes.com/sites/forbestechcouncil/2024/07/08/the-trust-protocol-how-blockchain-is-redefining-security-and-transparency-in-business/

🔔 Binance has announced expanding its support for four trending crypto- Artificial Superintelligence Alliance (FET), FLOKI, Notcoin (NOT), and LayerZero (ZRO).

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🔔 Binance Nears Deal to Reduce Gopax Stake, Selling Majority to Megazone

➡️ Binance is in final talks to sell most of its 72.6% stake in South Korean exchange Gopax to cloud service provider Megazone, reducing its stake to as low as 10%. This sale aims to meet local financial authorities' governance requirements.

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https://it.chosun.com/news/articleView.html?idxno=2023092119278

🔔 A significant boost for the cryptocurrency sector emerged as the US SEC wrapped up its investigation into Paxos, the issuer of the Binance USD stablecoin, without proposing any enforcement action.

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🔔 Restaurants in Finland Accepting Bitcoin Payments via Lightning Network

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🔔 Former U.S. President Donald Trump was announced as one of the speakers at the upcoming Bitcoin 2024 conference in Nashville.

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🔔 The Lithuanian Financial Crime Investigation Service (FNTT) fined Payeer nearly €9.3 million ($10 million) for violating Russian sanctions and AML regulations.

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🔔 TON Foundation partners with Sign and 1inch to launch the Triangle startup accelerator, targeting Web3 adoption through user-friendly applications.

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