Crypto news July 31, 2024

🔥 Featured news 🔥

🔹 ZKX derivatives protocol on StarkNet announced its shutdown due to low user numbers, insufficient revenue to cover operating costs, and decreased token value.

🔹 The SEC charged Nader Al-Naji, founder of decentralized social network BitClout, with fraud and issuance of unregistered securities.

🔹 SEC plans to redefine crypto securities in Binance lawsuit. The 10 coins considered securities in the lawsuit include $FIL , ALGO, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, COTI.

🔹 Goldman Sachs CEO acknowledges Bitcoin's potential as a store of value.

🔹 Russia moves to regulate cryptocurrency as US sanctions pressure increases.

📊 On-chain Analytics: Tokens collected by Smart Money

1.$TAO 2. RANDOM 3. AVAIL 4.APU 5. $SOL

💰 Call for capital

Hyperbolic

Amount: $7M

Investment funds: Polychain Capital, Lightspeed Faction, Chapter One, LongHash Ventures, Bankless Ventures, Nomad Capital, Coinsummer Labs, and many others

Mintify

Amount: $3.4M

Investment funds: Arca Fund, Cumberland (DRW), Amber Group, Psalion VC, Master Ventures, Zeneca, Gm Capital, and many others

aPriori

Amount: Not disclosed

Investment fund: Binance Labs Fund

Agent Exchange

Amount: $1M

Investment funds: Caladan, MrBlock, David Choi, domo, Jack Sun, Cygaar, Larry Cermak, WSB Mod