PSquare Daily Alpha – Telegram
PSquare Daily Alpha
1.13K subscribers
10.6K photos
419 videos
10 files
11.6K links
Download Telegram
🔔 Sonic Labs and Rabby Wallet Unveil Gas-Free Trading Initiative

➡️ The Fantom Foundation and Sonic Labs have partnered with Rabby to launch the Gas-Free Trading Program on July 22. The program will cover gas fees for up to 10 DEX transactions per user for 90 days, targeting new or inactive wallets. Over 22,700 FTM will sponsor trades on major DEXs like SushiSwap and SpookySwap. The program runs until October 20 or until funds are exhausted.

👉
https://blog.fantom.foundation/sonic-labs-and-rabby-wallet-introduce-gas-free-trading-program/
🔔 Deribit Set to Introduce Bitcoin and Ether Options for US Election Bets

➡️ Deribit is launching bitcoin and ether options expiring on November 8 to let investors bet on the U.S. election's impact on crypto. Available from July 18, this move follows client demand. Deribit is a leading crypto derivatives platform with significant market share.

👉
https://x.com/DeribitExchange/status/1813228883409273046
🔔 Andreessen Horowitz Joins Tech VCs in Supporting Trump

➡️ Marc Andreessen and Ben Horowitz of Andreessen Horowitz are reportedly planning personal contributions to Donald Trump's presidential campaign, aligning with other tech investors supporting the Republican candidate.

👉
https://www.bloomberg.com/news/articles/2024-07-16/andreessen-horowitz-latest-tech-vcs-to-throw-support-to-trump
🔔 Most Ether ETF Applicants Submit Final Forms, Signaling Likely Approval

➡️ Asset managers, including BlackRock, Fidelity, 21Shares, Grayscale, Bitwise, and Invesco Galaxy, have submitted final documents for launching Ethereum ETFs. Approval may come by Monday, with trading starting Tuesday. Fees are generally around 0.25%, except Grayscale's main product at 2.5%, which has drawn industry criticism.

👉
https://x.com/JSeyff/status/1813693107214717181
🔔 Binance announces first HODLer airdrop project: Banana Gun (BANANA)

➡️ Users who subscribed their BNB to Simple Earn products between June 23 and July 5, 2024, will receive the airdrop.

➡️ The BANANA HODLer Airdrops page will be available in five hours, with tokens distributed to Spot Wallets one hour before trading starts.

➡️ Listing:
July 20th at 9:00 (UTC)

👉 https://www.binance.com/en/support/announcement/252eaa5e7a8646e6a4461f6057a06af4
🔔 North Korean hackers likely behind $235M WazirX hack

Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat
🔔 Hong Kong released a consultation report on stablecoins, with Binance and Circle participating, and will announce the list of sandbox participants.

➡️ Hong Kong requires stablecoin issuers to set up physical companies in Hong Kong, entrust reserve assets to licensed banks in HK for custody, and are not allowed to provide interest to users.

👉 https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/07/20240717-3/
🔔 OKX Designates Malta as MiCA Compliance Hub for EU Operations

➡️ OKX has chosen Malta as its Markets in Crypto-Assets (MiCA) hub to meet EU regulatory standards. The crypto exchange highlighted Malta's regulatory quality and its existing infrastructure there. OKX has held a VFA Class 4 license in Malta since 2021.

👉
https://x.com/okx/status/1813876890865684854
🔔 BlockFi Set to Initiate Interim Crypto Distributions Through Coinbase This Month

➡️ BlockFi will begin its first interim crypto distributions through Coinbase in July 2024. The bankrupt crypto lender, which filed for Chapter 11 in November 2022 after FTX's collapse, received court approval for customer withdrawals in September 2023. Distributions will be processed in batches, with eligible clients notified via email, though non-US clients cannot receive funds due to regulatory requirements.

👉
https://x.com/BlockFi/status/1813611800426086431
🔔 Italy's Cassa Depositi e Prestiti Issues $27.2M Digital Bond on Polygon

➡️ Italy’s state-owned bank Cassa Depositi e Prestiti SpA has issued a $27.2 million digital bond on Ethereum's Polygon, in collaboration with Intesa Sanpaolo. This trial, part of the European Central Bank's initiative to explore blockchain-based settlements, is the first under Italy's new FinTech decree law. The bond, maturing on November 18, 2024, offers a 3.63% annual fixed coupon, with Intesa Sanpaolo as the sole investor.

👉
https://group.intesasanpaolo.com/en/newsroom/press-releases/2024/07/cdp-successfully-issues-its-first-digital-bond-on-blockchain-int#
🔔 Bitzlato Founder Avoids Extra Jail Time Despite $700M Dark Web Proceeds

➡️ Anatoly Legkodymov, founder of the defunct crypto exchange Bitzlato, was sentenced to time served after pleading guilty to operating an unlicensed money-transmitting business. Bitzlato processed over $700 million in illicit proceeds from the Russian dark web. Judge Eric Vitaliano deemed the 18 months Legkodymov spent in Brooklyn's Metropolitan Detention Centre sufficient punishment.

👉
https://www.law360.com/cybersecurity-privacy/articles/1859807
🔔 Rho Markets Liquidity Protocol Loses $7.6M in Oracle Exploit

➡️ Rho Markets, a liquidity layer and lending protocol on Scroll, was exploited for over $7.6 million in USD Coin and USDT. The breach occurred after a malicious actor gained access to the protocol’s blockchain oracle.

👉
https://x.com/CyversAlerts/status/1814278802039562640
🔔 Galaxy Acquires Majority of CryptoManufaktur's Ethereum Assets to Expand Staking Portfolio

➡️ Galaxy Digital has acquired CryptoManufaktur LLC, increasing its Ethereum assets under stake by 43%. The acquisition adds $1 billion in Ethereum assets, raising Galaxy's total to $3.3 billion. CMF founder Thorsten Behrens and his team will join Galaxy’s blockchain infrastructure team, enhancing its staking and validator services.

👉
https://www.coindesk.com/tech/2024/07/19/galaxy-buys-almost-all-of-cryptomanufakturs-ethereum-assets-to-expand-staking-portfolio/
🚀 HUGE Week for Lava Network! 🌋

Exciting news, everyone! The Public Mainnet for Lava Network is planned soon and could launch anytime from Wednesday onwards. This is a monumental step in our journey! Let’s dive into what makes Lava Network a game-changer.

👉 https://x.com/pSquare_Daily/status/1815359421998149697
🔔 Joe Biden's Exit from Presidential Race Eliminates $67M in Crypto Long Positions Within 30 Minutes

➡️ Nearly $67 million in leveraged longs were liquidated after President Biden withdrew from the 2024 election. Bitcoin dropped to $65,880, then rebounded to $68,480, causing $34 million in short position losses. The recovery was driven by market dynamics and a large buy order.

👉
https://www.coinglass.com/LiquidationData
🔔 Fractal ID Data Breach Linked to 2022 Employee Password Reuse Hack

➡️ Fractal ID, a decentralized identity startup, reported a data breach affecting 6,300 customers. The breach occurred through a compromised employee account, with credentials stolen by the Raccoon Infostealer malware as early as 2022, according to Hudson Rock.

👉
https://x.com/Fractal_ID/status/1814257690127868387
🔔 Etherfuse, a Tokenization Platform, Secures Seed Funding with a $12.5 Million Valuation

➡️ Etherfuse, a real-world asset tokenization platform, raised $3 million in a seed round led by White Star Capital and North Island Ventures. Other investors include the Stellar Development Foundation and Solana Foundation's Anna Yuan. The funding round, which concluded in May, brings Etherfuse's total valuation to $12.5 million.

👉
https://x.com/etherfuse/status/1814735942114292008
🔔 CBOE Confirms Launch of VanEck, Invesco, Fidelity, 21Shares, and Franklin Templeton Spot Ethereum ETFs on July 23

➡️ On July 23, five spot Ethereum ETFs will begin trading on the Chicago Board Options Exchange, pending regulatory approval. The ETFs include offerings from 21Shares, Fidelity, Invesco Galaxy, VanEck, and Franklin. Issuers plan to waive or discount fees initially to attract investors, with analysts predicting significant net inflows in the coming months.

👉
https://www.cboe.com/us/equities/notices/new_listings/
🔔 Crypto Exchange Kraken Signs Sleeve Sponorship Deal With Premier League Club Spurs.

👉 Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat
🔔 In a recent interview, Donald Trump said the country needs to take the lead in cryptocurrency before China.

👉 Source

➡️ Join Us @pSquare_Channel | @pSquare_Chat
🔔 dYdX v3 Compromised in Suspected DNS Attack

➡️ The dYdX exchange announced on July 23 that its version 3.0 website has been compromised. Users are advised to avoid visiting the V3 site or clicking any links. The version 4.0 on Cosmos remains secure and fully operational.

👉
https://x.com/dYdX/status/1815780835473129702