🔥🔥What Happened to Crypto in the Last 12 Hours?🚨
• Grayscale's ETHE Sees $484 Million Outflows on Day 1. It Looks Like a Similar Playbook to Grayscale's $BTC ETF Launch, Which Initially Put a Knock on Bitcoin Price.
• Kraken Successfully Returns BTC and BCH to Mt. Gox Creditors. Other CEXs Expected to Return $BTC Soon.
• $AAVE - Governance Proposal to Upgrade Aave v3 to v3.1 Voting Has Started.
• $ALT - AltLayer Announces 6-Month Pause in ALT Token Grant Schedule After Initial Unlock on July 25th.
• $COTI - COTI Announces Participation in Bank of Israel's CBDC Project.
• $DCR - Decred has revealed that its V1 DEX is coming soon.
• $DYDX X - dYdX is in talks to sell its deprecated V3 derivatives trading software to a consortium of major crypto market makers.
• $ENS - Bitwise has announced the use of the ENS domain for its custody addresses.
• $ENA - Ethena proposes allocating a portion of its reserves to RWA. BlackRock's BUIDL fund has applied for $34 million to provide RWA yields on ETH.
• $SSV - The SSV network has proposed a Simple DVT Extension. The plan is to use the SSV token for network fees and incentives.