Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. The move follows unexplained large outflows from the Multichain MPC bridge on July 6.

According to the knowledge graph protocol 0xScope, three addresses that received at least $63.2 million in USD Coin (USDC) from Multichain are now frozen. Another report from the Fantom Foundation notes that more than $2.5 million in Tether (USDT) had also been frozen from two addresses listed by Etherscan as "Multichain Suspicious Addresses".

Larry Fink, the CEO of BlackRock (NYSE:BLK), has recently delivered pro-crypto remarks, claiming Bitcoin is an international asset and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country. Under Fink, BlackRock has attempted to launch a spot BTC ETF with crypto exchange Coinbase (NASDAQ:COIN) acting as a surveillance partner. Its unclear if the U.S. Securities and Exchange Commission (SEC) will approve the investment vehicle, given its track record of rejecting all previously filed spot BTC ETF applications to date.

Gemini has announced legal action against the conglomerate Digital Currency Group (DCG) and its CEO, Barry Silbert, claiming fraud against creditors. Genesis, a DCG subsidiary, had been the crypto lender responsible for operating an Earn program in partnership with the crypto exchange. The suit follows an open letter published by Gemini co-founder Cameron Winklevoss, which slammed Silbert for allegedly trying to play the victim card while owing over a billion dollars to Earn’s investors. Not even Sam Bankman-Fried was capable of such delusion, Winklevoss wrote in the letter.

Recent weeks have seen a surge in interest from traditional finance for crypto-based exchange-traded funds (ETFs). After the Securities and Exchange Commission took issue with its initial filing, BlackRock (NYSE:BLK) submitted a fresh application for a Bitcoin ETF on July 3. A week earlier, Fidelity led a crop of investment firms in lodging applications with the SEC for Bitcoin-based ETFs. Meanwhile, HSBC has become the first bank to offer Bitcoin (BTC) and Ether (ETH) ETFs to customers in Hong Kong.

In the context of Bitcoin, it is often the seemingly positive news that is harmful over the longer term; and vice versa, short-term negative news often serves to strengthen the ongoing case for Bitcoin. A good example of the latter is the 2017 “Blocksize War,” when the Bitcoin community split into the big block camp that launched the Bitcoin Cash fork and the small block camp that implemented the Segregated Witness upgrade in Bitcoin.

The most recent filing involving asset manager BlackRock’s attempt to launch a spot Bitcoin exchange-traded fund (ETF) included a “surveillance-sharing agreement” with cryptocurrency exchange Coinbase (NASDAQ:COIN).

According to a June 29 filing with the United States Securities and Exchange Commission (SEC), the Nasdaq stock exchange refiled for a proposed rule change allowing the listing of BlackRock’s Bitcoin (BTC) ETF. The filing included details of a June 8 agreement between the Nasdaq and Coinbase “intended to supplement the exchange’s market surveillance program” and provide access to data on spot BTC trades.

(ETH) has made various headlines in recent weeks for its subtle performance upticks. While the second largest cryptocurrency has relatively mild growth, it is seeing a massive hike in its whale transactions. to data from crypto analytics platform IntoTheBlock (ITB), large Ethereum transactions skyrocketed by 54.35% to print a total of $2.81 billion.

Specifically, the number of large transactions jumped from 2,120 on July 2 to 3,230 at the time of writing.

Ethereum Whale Transaction Chart. Source: The significance of large transactions, according to ITB's definition, accounts for transactions involving more than $100,000 Ethereum tokens per unit of time. While it remains undeniable that Ethereum is dominated by retail investors, the latest ITB data insights reveal a large spread of big spenders, who consistently embrace Ethereum in value transfer on-chain.

The impact of these whale transactions is currently being felt in the recent mild bullish performance the Ethereum protocol has printed. At the time of writing, the Ether coin is trading at a , up by 0.11% in the past 24 hours. On the weekly front, Ethereum has inched forward by a growth of 4.10%.

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Launchpad XYZ [LPX] - Web3-powered ecosystem featuring NFT DEX, fractionalized assets marketplace, and custom-built trading terminal. Presale launched April 2023 with more than $1 million raised.

Chimpzee (CHIMPZ) - New green cryptocurrency project to protect wildlife and make a positive impact on the environment. Presale launched April 2023 with almost $650k raised.

Ecoterra (ECOTERRA) - Recycle-to-earn project aiming to give cryptocurrency a new green, environmentally-friendly reputation - users can earn tokens by recycling household items. Presale has more than $5.6 million raised.

AiDoge (AI) - New cryptocurrency platform that uses artificial intelligence to generate memes. By purchasing the $AI token on presale, investors can stake to generate daily rewards, make memes, and get upvotes to secure more rewards. $14.9 million hard cap reached in just four weeks and now available on MEXC and Uniswap.

Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ethereum (ETH) due to multisignature (multisig) wallets being “complicated in a bunch of ways.”

On the 29 June episode of the Bankless Podcast, titled Restaking Alignment, Buterin revealed the “biggest reason” why he is only staking a small fraction of his Ethereum, as opposed to staking the entirety of it. He explained:

A Redditor and member of the r/CryptoCurrency community claims to be up 25% or $19,500 after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past 18 months.

According to the crudely named r/Vaginosis-Psychosis, they now have a total of 2.65 BTC, which is worth $80,400 at current prices and are betting big on the price of BTC hitting $100,000 by early 2025.

Develop a Trading Strategy.

Technical Analysis.

Risk Management.

Emotion Control.

Use Stop-Loss and Take-Profit Orders.

Follow Crypto Community and Experts.

Keep Records and Analyze.

Continuous Learning.

Remember that trading cryptocurrencies involves risk, and losses are possible. It's important to start with funds you can afford to lose and be prepared for potential market volatility. Consider seeking advice from financial professionals before making any investment decisions.

Academic institutions house some of the world’s most important data generated from years of research. Yet centralized data storage models are becoming a concern for many universities looking to keep critical information safe and accessible.

Danny O’Brien, a senior fellow at the Filecoin Foundation and Filecoin Foundation for the Decentralized Web (FFDW) — an independent organization that facilitates governance of the Filecoin network and funds development projects — told Cointelegraph that data stored by academic institutions is at risk of vanishing due to centralized storage models. To put this in perspective, a recent Filecoin Foundation survey found that 71% of Americans have lost information and records due to challenges like deleted hyperlinks or locked online accounts.

There may be a longer wait for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, as the Securities and Exchange Commission labeled investment managers’ recent applications inadequate.

According to The Wall Street Journal, the securities regulator told the Nasdaq and the Chicago Board Options Exchange (Cboe) that their filings are not “sufficiently clear and comprehensive.” These exchanges represent asset managers in the filing of the financial product.

Research and stay informed: Keep up with the latest news, trends, and developments in the cryptocurrency space. Follow reputable sources, read whitepapers, and understand the underlying technology and potential use cases of different cryptocurrencies.

Analyze the team: Look into the team behind the cryptocurrency project. Assess their experience, qualifications, and track record. A strong and competent team increases the likelihood of success.

Assess market demand: Evaluate the potential market demand for the cryptocurrency. Consider if it addresses a real-world problem, has a clear target audience, and offers a compelling value proposition. Look for indications of growing interest or partnerships that could drive adoption.

Check the community and social media presence: A vibrant and engaged community can contribute to the success of a cryptocurrency. Assess the community's size, level of activity, and sentiment. Look for positive discussions, active social media channels, and supportive communities.

Assess the market capitalization and trading volume: Look at the current market capitalization and trading volume of the cryptocurrency. Low market cap and trading volume could indicate an opportunity for growth if the project gains traction.

Research the Project: Before participating in any airdrop, it is vital to thoroughly research the project behind it. Look for a reputable website, whitepaper, or social media presence. Genuine projects usually have well-developed websites with comprehensive information about their team, goals, roadmap, and technology. Verify their social media accounts, including Telegram groups and Twitter handles, to gauge the project's legitimacy and community engagement.

Scrutinize the Announcement: Pay close attention to the official announcement of the airdrop. Check if it originates from the project's verified channels, such as their official website, social media accounts, or official communication platforms like Telegram. Be cautious of airdrops announced through unsolicited emails or suspicious websites that lack credibility. Scammers often use similar-looking domains or impersonate official channels to trick users into participating.

Beware of Requests for Private Keys or Wallet Access: One red flag indicative of a fake airdrop is the request for your private keys, wallet address, or sensitive information. Legitimate airdrops will never ask for such personal details. Your private keys should always remain confidential, as they grant complete access to your funds. Never share them with anyone, as scammers may attempt to steal your assets by posing as airdrop organizers.

Verify Team Members and Advisors: Authentic blockchain projects often have a visible and well-documented team of developers, advisors, and contributors. Look for team member profiles on professional networking platforms like LinkedIn and ensure they possess the claimed expertise. Be skeptical if a project fails to provide any information about its team members, as it could be a sign of a fake airdrop.

Cross-Check Airdrop Information: When considering an airdrop, compare the details provided on the project's official channels with third-party sources. Verify the legitimacy of the airdrop through renowned cryptocurrency forums, news outlets, or community-driven websites. The crypto community is vigilant and often shares information about fake airdrops, helping you make informed decisions.

Analyze Tokenomics: Airdrops conducted by genuine projects usually have well-defined tokenomics. They provide information about the total supply, token allocation, and future plans for token distribution and usage. If an airdrop lacks clarity regarding these aspects or promises unrealistic rewards, it might be a scam. Exercise caution when encountering airdrops that seem too good to be true.

Trust Your Gut Feeling: Sometimes, intuition can be a valuable tool. If something feels off or raises suspicion about an airdrop, trust your instincts and err on the side of caution. Scammers often employ psychological tactics to manipulate users into participating in fraudulent schemes. Take your time, conduct due diligence, and don't rush into any decisions.

Solana, a layer-one blockchain, has witnessed hard times and is now a pioneer in the blockchain community to adopt artificial intelligence in an attempt to stop its downtrend. Recently, solana launched its latest ChatGPT plugin, with features that allow the purchase of non-fungible tokens, sending crypto, and analyzing on-chain data. This new plugin can be downloaded from GitHub.

Solana Labs CEO Anatoly Yakovenko mentioned that he expects a newer version of the plugin to have the capability of writing smart contracts and deploying them onto the blockchain.