Morning news from CrypticNews Hub:
1. PlanB: Historically, Bitcoin is expected to rise 7-10 times from its current price.
2. Mt.Gox: Compensated creditors according to the compensation plan on August 21.
3. GenLayer completed a $7.5 million seed funding round led by North Island Ventures.
4. BlackRock ETHA became the first Ethereum ETF with a net inflow of over $1 billion.
5. Binance will hire 1,000 people this year, with compliance costs exceeding $200 million.
6. U.S. Federal Reserve meeting minutes: A vast majority of members believe a rate cut in September may be appropriate.
7. RUMOR: Harris supports policies that promote the further development of the crypto industry.
8. FTX's restructuring plan received preliminary support from creditors.
9. U.S. Senator Cynthia Lummis: The window for passing crypto legislation is narrowing, but some bills may still pass this year.
10. Gitcoin announced that GG21 has officially concluded, with analysis and payouts to be made in the coming weeks.
11. The value of BlackRock's assets on the network has surpassed Grayscale, making it the largest digital asset management company in the world.
12. Report: Nearly half of corporate spending on the 2024 U.S. elections is coming from cryptocurrency companies.
13. U.S. presidential candidate Robert F. Kennedy Jr. plans to exit the race by the end of this week.
14. Binance CEO: The company is in good financial shape and is not currently considering an IPO. He is also a "key member" of the leadership.
15. Bitcoin mining company Core Scientific recently repaid a $267 million debt.
16. ZKsync Era's daily revenue after airdrops is only about $6,800, significantly lower than the previous peak of $746,000.
17. Avalanche has renamed its subnet to Avalanche Layer 1 (L1) and initiated a new proposal to simplify the verification mechanism.
