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🇺🇸 US Congress Fails to Override #Biden 's Veto on Repealing SAB 121 🤷 On July 11, the lower house of the US Congress did not gather the necessary two-thirds majority to override the President's veto on a bill aimed at repealing #SAB 121. The document essentially prohibited banks from holding #digitalassets on their balance sheets. 🗒 The bulletin remains in effect. 228 congressmen voted for its annulment, but 290 votes were required. If the barrier had been passed, a similar decision would have been needed from 67 out of 100 senators. The SEC issued SAB 121 in April 2022. In February 2024, four industry organizations requested the agency to soften the document's provisions. #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date
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Genesis Trading Moves 12,000 BTC to Coinbase Amid #bankruptcy 👀 #GENESIS Trading has transferred 12,000 #BTC☀ ($760M) to Coinbase in the past month. The company, currently in bankruptcy proceedings, still holds 33,300 $BTC ($1.91B) and 118,000 $ETH ($363M). Is this another #fud for the market? 🤔 #CPI_BTC_Watch
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🚨 Squarespace Hack Threatens Over 220 DeFi Protocols! 🌐 A #DNS attack on #squarespace has put interfaces of around 228 DeFi projects at risk, reports Ido Ben-Natan, CEO of #Blockaid . 📅 On July 11, Compound Finance and Celer Network sites redirected users to phishing pages. Attackers intercepted DNS queries to use IP addresses linked to the Inferno Drainer. 🔍 Ben-Natan points to the use of Inferno Drainer's infrastructure, including smart contracts and wallets, indicating cybercriminals are exploiting these tools to steal user funds by draining accounts after malicious transactions are signed. ⚠️ This group has been targeting #DEFİ vulnerabilities for a while, but their consistent infrastructure allows for tracking and identifying their attacks. Stay vigilant and safeguard your assets! 🛡 #CPI_BTC_Watch
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Forgot about #Litecoin ? Big mistake! 📈 Litecoin processes daily #transactions over $100,000, averaging $2.85 billion! That's more than 50% of $LTC 's market cap and surpasses most Layer 1 networks. 👀 For comparison, #Dogecoin handles $590 million in large transactions daily, despite having three times the #marketcap . This suggests significant whale activity on the Litecoin network. 🐳💸 #CPI_BTC_Watch
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📈 #bitcoinchart vs. German #BitcoinWallet Balance 🇩🇪 The chart clearly shows that massive sales by #German holders didn't exacerbate the overall #DownTrend . The sold coins were absorbed by the market like a sponge. 🧽💧 #CPI_BTC_Watch
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