This past week saw a remarkable increase in Bitcoin's value, with its price rising by more than 11%, starting at around $60,000 and reaching over $67,000. This surge occurred despite the announcement made by Mt Gox trustee Nobuaki Kobayashi that on July 16, 2024, BTC and BCH were reimbursed to certain creditors through specific cryptocurrency trading platforms. 
The upcoming introduction of an Ethereum ETF in the United States is also contributing to the excitement. The Chicago Board Options Exchange revealed on July 19 that trading of Ethereum exchange-traded funds (ETF) is set to commence on July 23, subject to regulatory approval. 
We have also compiled a selection of the six most significant news stories from the past week that you might have missed. Join us as we explore the most influential events of the previous seven days.
For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to visit our website and follow Melega Finance (@meleganews) on Twitter for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (Jul. 14-20, 2024)
●      WazirX Hacked: $235M in Crypto Stolen
●      SEC Approves Grayscale, ProShares Ethereum ETFs for NYSE Arca
●      Polygon Labs Set to Replace MATIC with POL on Sept. 4
●      Valour Launches First ETP for Near Protocol Token
●      Craig Wright Admits He's Not Satoshi Nakamoto
●      South Korea Enforces New Crypto Exchange Regulations
WazirX Hacked: $235M in Crypto Stolen
Indian crypto exchange WazirX was hacked, with $234.9 million from its Safe Multisig wallet on Ethereum stolen. Cyvers, a Web3 security firm, detected suspicious transactions, revealing that the funds were moved and converted to Ether. The primary attacker’s address still holds over $104 million in various cryptocurrencies. In response, WazirX has suspended withdrawals and is actively investigating the breach. The incident highlights the ongoing security challenges in the Indian crypto market.
SEC Approves Grayscale, ProShares Ethereum ETFs for NYSE Arca
The SEC has approved Grayscale Ethereum Mini Trust and ProShares Ethereum ETF for trading on NYSE Arca. While this authorization allows NYSE to facilitate trading, final comments on the ETFs’ S-1 filings are pending before listing. Grayscale plans to distribute shares of the new Mini Trust to holders of its existing Ethereum Trust. Several spot Ethereum ETFs are awaiting final approval, with listing expected as early as July 23.
Polygon Labs Set to Replace MATIC with POL on Sept. 4
Polygon Labs will replace its MATIC token with POL tokens on September 4 as part of its Polygon 2.0 roadmap. This upgrade aims to enhance Polygon's ecosystem of zero-knowledge-based layer two chains and expand the utility of its native token. POL will support Polygon's staking hub, block generation, and data availability. MATIC holders on Polygon PoS will be automatically upgraded, while those on Ethereum or other platforms must manually migrate.
Valour Launches First ETP for Near Protocol Token
Valour has introduced an exchange-traded product (ETP) for NEAR, Near Protocol’s native token, on Sweden's Spotlight Stock Market. This allows retail and institutional investors to invest in NEAR, a token noted for its significant role in decentralized finance (DeFi) and non-fungible tokens (NFTs). Near Protocol aims to simplify blockchain development challenges. With a market capitalization of $6.8 billion, the NEAR token ranks among the top 20 digital assets globally.
Craig Wright Admits He's Not Satoshi Nakamoto
Craig Wright, who has long claimed to be Bitcoin's creator, Satoshi Nakamoto, issued a legal disclaimer on his website stating he is not Nakamoto. This follows a UK High Court ruling and a legal challenge by the Crypto Open Patent Alliance (COPA), which accused Wright of forgery. The court's findings discredited Wright's claims, with Judge James Mellor ruling he is not Nakamoto. Wright now faces potential perjury charges and has frozen assets to cover legal costs from previous lawsuits.
South Korea Enforces New Crypto Exchange Regulations
On July 19, South Korea implemented the "Virtual Asset User Protection Act" to safeguard crypto users. The law mandates virtual asset service providers (VASPs) to insure against hacks, segregate customer assets, and safely store bank deposits. Additionally, VASPs must maintain anti-money laundering measures and report suspicious transactions. Despite concerns about mass token delisting by exchanges, a review process will mitigate such risks. Meanwhile, the ruling party has proposed delaying the tax on crypto trading profits because of current market sentiment.
NEWS FROM THE MELEGASWAP ECOSYSTEM
Mega $MARCO Burn Event Completed
We are excited to announce that we have completed the BURN EVENT for 10 million $MARCO tokens on the BNB Chain, worth approximately $200,000. This event marks a significant milestone in the ongoing development of the MelegaSwap Platform, which is transitioning to become MULTICHAIN. The $MARCO token will be launched on the POLYGON chain in the next few days. Please find the transaction hash below here.
Inter Finance Network (IFNET) Farm & Pool Listed on MelegaSwap
IFNET was established to generate passive revenue for the community. Holding IFNET in your wallet will earn you BUSD. IFNET is an open-source, decentralized platform the community has originated, driven, and developed.
MelegaSwap Secures New Strategic Partnership with AIVOICE (AIV)
$AIV uses AI voice technology to allow users to listen to all digital content provided by audiobooks, portals, etc., including Internet news, in the voice of the person they want. AIV holds patents related to AI voice technology.
 
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Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses

#MelegaSwap #melega #melegamarco #ETHETFsApproved #WazirX

MelegaSwap, a leading decentralized exchange platform on BSC and Base Chain, has formed a strategic partnership with AIV. This collaboration comes after listing AIV's native token, AI Voice Token (AIV), on the MelegaSwap exchange.
AIV is an innovative company dedicated to developing AI multi-voice technology. This allows users to experience digital content in their own voices or the voices of individuals they choose.
This new partnership with MelegaSwap is a significant milestone for the AIV project. It provides access to top-notch marketing solutions by Melega Space, a subsidiary of the Melega ecosystem. It will support the project's growth, facilitate listings on reputable centralized and decentralized exchanges, and enhance its visibility and reach. 
Similarly, the AIV project has new opportunities with a listing on the Melega Exchange, reaching a new audience of traders. Users can now easily trade and provide liquidity to the $BNB-$AIV LP tokens. 
AIVOICE project representative is enthusiastic about the strategic partnership. He notes that the cooperation is part of the project's efforts to build a global digital human library service. According to him,
"This is one of the significant steps to building a service that aims to store the voices of individuals and their families for 'digital eternal life,' including the voices of dementia patients, elderly family members, and childhood voices. This will allow them to communicate with their descendants and receive alarms and weather forecasts on their mobile phones."
About AIVOICE (AIV)
The AIV project holds a patent for technology that enables users to select and listen to digital content using their preferred voice. Users can now access AI voice services via various artificial intelligence voice service platforms.
These platforms include Alexa, ChatGPT, Siri, audiobook platforms, internet news platforms, car navigation systems, TVs, and mobile phones.
AIV empowers users to choose and listen to content in their desired voice across different industries.
For instance, this means that you can set the voice coming from ChatGPT to the voice of the person or celebrity you want to hear and have conversations with. (e.g., on your phone, GPT, car, IoT devices in your home, etc.)
Moreover, the AI Voice Token (AIV) is a critical part of this ecosystem. It is a versatile digital currency used within digital content platforms that utilize AI voice services. Its flexibility enables easy exchange without time or physical constraints, enhancing digital transaction convenience. 
The AIV token, the primary currency for transactions within the digital content market, is expected to increase usage annually. AIV aims to establish partnerships and systems that facilitate using AIV tokens for digital content payments.
 As the adoption of AIV tokens for content access grows, their value is projected to rise alongside the digital content market.

Follow and learn more about AIVOICE (AIV)
Website: https://ai-v.ai/
X: https://x.com/aivoice201909
Smart Contract on Base and BSC: 0x581C124D0F4b9D365c06e30d37ea8352d5F3a2aF
 
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Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
 #MelegaSwap #melegamarco #melega #AIVoice #AIV

This week, the Crypto Fear & Greed Index plummeted to its lowest point since January 2023, reaching 27 on July 9 due to selling pressure triggered by the German government's actions.
However, one piece of highly optimistic news has the potential to drive the market upward in the coming weeks: the issuers of spot Ether exchange-traded funds (ETFs) anticipate imminent final approval from U.S. regulators, potentially paving the way for listings as early as next week.
As the U.S. election intensifies, the former President, Donald Trump, was the target of an assassination attempt at a campaign event on Saturday, leading to an increase in the value of most Trump-themed memecoins. His safety also seemed to have a beneficial impact on the entire cryptocurrency market, recording a 2.58% increase in the last 24 hours.
Now, we've curated a collection of the six most noteworthy stories you may have overlooked during the week. Join us as we delve into the most impactful developments of the past seven days.
For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to visit our website and follow Melega Finance (@meleganews) on Twitter for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (Jul. 7-13, 2024)
●      Germany Sells Off $2.9B in Bitcoin, Causes Market Dip.
●      Spot Bitcoin ETFs Experience Major Inflow Surge
●      VanEck and 21Shares Amend Ether ETF Filings with SEC
●      SEC Ends Investigation into Hiro Systems
●      BitMEX Pleads Guilty to Bank Secrecy Act Violation
●      US Republicans Endorse Crypto in Party Platform
Germany Sells Off $2.9B in Bitcoin, Causes Market Dip.
Germany has sold all its Bitcoin holdings, worth about $2.9 billion, in a series of transactions over the past 24 hours. The sale, stemming from a 2013 seizure of nearly 50,000 BTC, significantly impacted Bitcoin’s price, dropping it to a four-month low of $57,700. 
 
Despite this, there is optimism for a market rebound, supported by positive inflation data and the anticipated launch of Ethereum ETFs.
Spot Bitcoin ETFs Experience Major Inflow Surge
Spot Bitcoin ETFs in the U.S. saw significant inflows of over $310 million on July 12, their best day since June 5. BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund led with $120 million and $115.1 million, respectively. Other notable inflows included the Bitwise Bitcoin ETF at $28.4 million and Grayscale Bitcoin Trust at $23 million. This surge brings the 
total inflows to $1.04 billion since July 8, highlighting growing investor interest.
VanEck and 21Shares Amend Ether ETF Filings with SEC
Asset management firms VanEck and 21Shares have submitted amended S-1 registrations to the SEC to facilitate the listing and trading of spot Ether ETFs. The filings, made on July 8, indicate readiness to launch "as soon as practicable" following SEC approval. 
 
This is part of the final approval stage, with experts predicting possible approval in July. The SEC had previously approved similar filings from eight asset managers, suggesting broader acceptance of Ether ETFs soon.
SEC Ends Investigation into Hiro Systems
The U.S. Securities and Exchange Commission (SEC) has ended its three-year investigation into Hiro Systems, formerly Blockstack, which raised $70 million through token sales from 2017 to 2019. This marks another win for the crypto industry in its ongoing regulatory struggles. 
 
Hiro develops tools for the Stacks layer-2 blockchain on Bitcoin. Stacks co-creator Muneeb Ali noted the probe focused on the Stacks protocol itself. The SEC’s decision follows a similar closure of an investigation into Paxos.
BitMEX Pleads Guilty to Bank Secrecy Act Violation
BitMEX, a cryptocurrency exchange, admitted to violating the Bank Secrecy Act by not implementing an adequate Anti-Money Laundering (AML) program from 2015 to 2020. This plea follows the 2022 criminal charges against founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who received probation and a $30 million civil penalty. 
 
US Attorney Damian Williams highlighted that BitMEX's failure to comply with AML standards posed a significant risk to the financial system. Responsible parties may face up to five years in prison and fines.
US Republicans Endorse Crypto in Party Platform
The Republican National Committee (RNC) has adopted a policy platform that supports cryptocurrencies and Bitcoin mining, positioning them as central to U.S. economic innovation. 
 
The platform, aligned with Donald Trump, opposes the creation of a Central Bank Digital Currency (CBDC) and advocates for Americans' rights to mine and self-custody digital assets. This shift comes as the RNC prepares for its national convention from July 15-18, where Trump is expected to be nominated for U.S. President.
MASTERM (MXMX) Launches on BASE Chain
On July 10th, MasterM's native token, MasterM (MXMX), debuted on GemPad. This fair launch allowed users to acquire the token before its official listing, ensuring a level playing field for all participants.
 
MXMX is a unique and genuine project that combines cryptocurrency, music, and NFTs. The project has established collaborations with world-famous music stars such as Alexandra Stan, Fatman Scoop, 24Hrs, Sean Kingston, and others, and it has secured worldwide distribution through SONY MUSIC. 
MASTERM (MXMX) Listed on MelegaSwap on BASE Chain
After its launch on July 12th, MasterM (MXMX) was listed on MelegaSwap, offering FARM & POOL and an incredible 2000% APR for early investors. MasterM has ambitious goals, aiming to establish itself as a prominent force in the cryptocurrency realm. Through music, NFTs, and games, it intends to showcase its journey and adventures in a captivating manner.
AIVOICE (AIV) Farm & Pool Listed on MelegaSwap
AIV uses AI voice technology to allow users to listen to all digital content provided by audiobooks, portals, etc., including Internet news, in the voice of the person they want. AIV holds patents related to AI voice technology.
Meta Games Coin (MGC) is Now Listed on Melega
MetaGamescoin (MGC) is a rewarding token that operates on the Binance Smart Chain (BSC) as a BEP20 token. This token is designed for a ranking platform, allowing users to play games and earn MGC tokens.
 
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Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses. 
 
 #MelegaSwap #melegamarco #melega #BITMEX #BTC☀

This week, Bitcoin plummeted to as low as $53,600 on some exchanges, marking its first time trading at this level since February. 
This catastrophic crash ensued after the defunct Mt. Gox crypto exchange initiated transferring billions of dollars worth ofBitcoin (BTC) and Bitcoin Cash to centralized exchanges. This move aimed to repay creditors following a hack in 2014 that led to a decade-long wait for repayment.
Furthermore, on-chain data indicates that the German government has been selling thousands of Bitcoins over the past weeks, consistently sending large amounts of BTC to exchanges.
Despite this bearish trend, Web3 applications experienced record user growth in the second quarter. Daily unique active wallets (dUAW) surpassed 10 million over the quarter, reflecting a remarkable 40% increase compared to the first quarter and setting a new record.
Now, let's delve into the most significant cryptocurrency developments of the past week, covering six key stories that highlight the crypto market's dynamic nature.
For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to visit our website and follow Melega Finance @meleganews on X for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (Jun. 30-Jul. 06, 2024)
●      Court Rules Cryptocurrencies, BNB Sales Not Securities in SEC vs. Binance Case
●      UK High Court Freezes Craig Wright’s Assets
●      Circle Gains EU Approval as First Global Stablecoin Issuer
●      Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
●      Judge Labels OHM and KLIMA as Commodities in $120M Ponzi Case
●      Roaring Kitty Fraud Lawsuit Over GameStop Dropped After Three Days
Court Rules Cryptocurrencies, BNB Sales Not Securities in SEC vs. Binance Case
A U.S. federal court ruled that cryptocurrencies and secondary sales of Binance's BNB token are not securities, marking a significant victory for the crypto industry. Judge Amy Berman Jackson found that the SEC failed to prove that BNB purchasers expected profits, a key criterion of the Howey test. 
This decision follows the SEC's crackdown on crypto exchanges after the FTX collapse. The ruling may influence other legal battles, like the SEC vs. Ripple. Despite no evidence of misappropriation, Binance faces further legal proceedings.
UK High Court Freezes Craig Wright’s Assets
The UK High Court has issued a World Freezing Order against Craig Wright's assets to aid podcaster Peter McCormack in recovering nearly $2 million in legal fees. Wright sued McCormack for defamation in 2019 after McCormack publicly accused him of falsely claiming to be Bitcoin's creator, Satoshi Nakamoto.
Recall that the court ruled Wright was not Nakamoto, dismissing his intellectual property claims and supporting McCormack's defense. This judgment enables McCormack to seek reimbursement for his legal expenses.
Circle Gains EU Approval as First Global Stablecoin Issuer
On July 1, Circle became the first global stablecoin issuer to receive regulatory approval under the EU’s Markets in Crypto-Assets (MiCA) framework. Circle’s USDC and EURC are now compliant, easing investor concerns about stablecoin redemption or fund transfers.
CEO Jeremy Allaire announced France as Circle's European HQ, highlighting its progressive digital asset regulation. He also emphasized MiCA's historical significance as the first comprehensive digital asset regulation. Other exchanges like Uphold, Bitstamp, and Binance have adjusted their stablecoin policies in response to the new regulations.
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
Mt. Gox, the defunct crypto exchange, has initiated debt repayments to creditors in Bitcoin and Bitcoin Cash through selected crypto exchanges as part of its rehabilitation plan. As of July 5, 2024, 47,288 BTC had been moved from the exchange’s known addresses. 
Repayments will proceed once account validity and creditor acceptance conditions are met. Founded in 2010, Mt. Gox handled 70% of global BTC transactions at its peak before losing 850,000 BTC to a security breach, leading to its bankruptcy in 2014.
Judge Labels OHM and KLIMA as Commodities in $120M Ponzi Case
In a crypto fraud case, an Illinois district court judge sided with the Commodity Futures Trading Commission (CFTC), declaring OHM and KLIMA commodities. The Ponzi scheme, led by Sam Ikkurty of Oregon, promised victims 15% annual returns from investments in digital asset commodities, including Bitcoin, Ether, OHM, and KLIMA.
Instead, Ikkurty misled investors, dropping the fund’s value by over 98.99%, resulting in a $20 million shortfall. Judge Mary Rowland ordered Ikkurty to pay over $120 million in restitution and disgorgement.
Roaring Kitty Fraud Lawsuit Over GameStop Dropped After Three Days
GameStop investor Martin Radev has voluntarily dropped his securities fraud lawsuit against Keith Gill, known as Roaring Kitty, just three days after filing it. The dismissal, filed on June 1, was "without prejudice," potentially allowing Radev to refile in the future. 
The lawsuit accused Gill of using social media to orchestrate a "pump and dump" scheme, causing investor losses. Legal experts noted the lawsuit's weak arguments, predicting it would struggle to prove fraud. Gill recently made headlines with significant stock acquisitions, including a major stake in Chewy.
NEWS FROM THE MELEGASWAP ECOSYSTEM
PEPE on Base (PEPE) Farm & Pool on MelegaSwap
Pepe is a community-based memecoin with one mission: to make memecoins great again. Made to honor the iconic meme we all know and love, Pepe is here to take reign as the most memeable memecoin in existence, fueled purely by memetic power. Pepe is for the people.
Aerodrome (AERO) Farm Listed on MelegaSwap
Aerodrome Finance is a next-generation AMM designed to serve as the Base's central liquidity hub. It combines a powerful liquidity incentive engine, a vote-lock governance model, and a friendly user experience.
Brett (BRETT) Farm on MelegaSwap
Center character in Matt Furies “Boys’ Club” following the adventures of Brett the Toad, PEPE the frog, Landwolf the wolf, and Andy the dog.
Non-Playable Coin (NPC) Farm Listed on MelegaSwap
NPC is meme-backed money for every human on Earth. It's a memecoin backed by one of the most recognizable memes of all time, making it the first NFT-memecoin hybrid.
Degen (DEGEN) Farm Listed on MelegaSwap
Degen, an ERC-20 token on Base, launched in January 2024 with an airdrop to the Degen channel community on Farcaster. The project aims to distribute the token among builders, content creators, and users in the Base and Farcaster ecosystem.
Reserve Rights (RSR) Farm Listed on MelegaSwap
The fluctuating protocol token helps stabilize RSV and confers the cryptographic right to purchase excess Reserve tokens as the network grows.
 
MelegaSwap is witnessing remarkable growth in trading volume. If you're eager to list your project on BNBChain or BaseChain, you can do it for FREE. By joining MelegaSwap, you'll access various valuable benefits, including FAST LISTING, FREE LIQUIDITY PROGRAM, FREE MARKETING, FREE COINGECKO TRACKING, and many more. Don't miss this chance! Apply NOW by visiting http://melegaswap.finance/apply.
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Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #melega #melegamarco #MtGox #BTC☀