19 July 2024
Macro/TradFi
BlackRock CEO Larry Fink referred to Bitcoin as a “legitimate financial instrument” on CNBC.
The spot Bitcoin ETFs recorded US$422.5M in net inflows on July 16, a six-week high.
Several media outlets have reportedly cited sources indicating that spot Ethereum ETFs are likely to begin trading on July 23.
Grayscale, the firm behind the Grayscale spot bitcoin ETF, has introduced a new fund that invests in artificial intelligence tokens.
Italy’s state-owned Cassa Depositi e Prestiti SpA has completed a €25M digital bond issuance using Polygon.
Crypto
L1/L2:
Blast network has reduced its withdrawal period from 14 days to 7 days and has also dropped “L2” from its X username.
Ethereum L2 Scroll has launched Scroll Canvas, which allows users who interacted with the Scroll ecosystem projects to collect achievements in the form of badges.
Polygon Labs has released the latest version of its zero-knowledge proving system called “Plonky3” and is available as open-source software.
Polygon Foundation has set September 4 as the date to migrate MATIC to POL. Initially, POL will replace MATIC as the native gas and staking token for the Polygon PoS network. In later phases, POL will play a crucial role in the AggLayer.
The TON Foundation has announced the launch of TON Teleport BTC, a trustless bridge that facilitates BTC transfers to and from the TON blockchain.
StarkWare has announced that it has verified its first zero-knowledge (ZK) proof using its new STARK verifier on the Bitcoin Signet network. This lays the foundation for developing ZK-based layer-2 solutions on the Bitcoin network.
DeFi:
Uniswap Labs has launched a wallet browser extension supporting 11 blockchains.
DeFi protocol LI.FI was exploited for US$11M this week.
NFT:
Former President Donald Trump has announced plans to release a fourth NFT collection.
Others:
The South Korean government is considering delaying the taxation of cryptocurrency investment gains from January 2025 to January 2028.
Mt. Gox officially announced that 13,000 creditors have already received payments.
Payment processing company Stripe has expanded its crypto integration into the European market. Users can buy cryptocurrencies, including Bitcoin, Ether, and Solana, using a credit or debit card.
Blockchain identity platform Fractal ID suffered a data breach on July 14.
Centralized exchange WazirX has reportedly been exploited for over US$230M.
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