Welcome to "Crypto Highlights"! Here are the hottest news about the cryptocurrency market on July 8, 2024.
👉 Binance celebrates its 7th anniversary with over 200 million users and launches a new campaign to bring Web3 closer to users. This event is part of Binance's efforts to reach 1 billion users in the future.
👉 Mt. Gox has begun repaying creditors in Bitcoin and Bitcoin Cash through selected exchanges. Almost all of Mt. Gox will likely be sold, which will put great pressure on the market.
👉 PancakeSwap will airdrop 2.4 million ZK tokens to reward the community and drive engagement with zkSync PancakeSwap. This is part of PancakeSwap's efforts to increase engagement and growth of the platform.
👉 Sam Bankman-Fried's (SBF) family is linked to the $100 million FTX scandal, causing many legal issues. The emails show that the SBF family transferred millions of dollars from FTX to political organizations, raising serious legal questions.
The global Bitcoin ATM network has lost 334 machines in the past 40 days, with the US and Europe recording the largest declines.
👉 New EU regulations require cryptocurrency exchanges to comply with Travel Rule guidelines, aimed at strengthening measures against money laundering and terrorist financing. This regulation will take effect from December 30, 2024.
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