BTC is currently trading around $40,100 and ETH around $3,000. Notable gainers in the last 24 hours are XCN, XRP, and DASH. The global crypto market cap is $1.97T, down 1.7% over the last day. DeFi Total Value Locked is ~$210b and BTC dominance is around 41%.
Notable news includes: Terraform Labs gifted another $880m to the Luna Foundation Guard; crypto think tank Coin Center alleged that the SEC’s newly proposed amended definition of an ‘exchange’ would be an unconstitutional restriction of free speech; Circle reiterated that they will apply for a US Bank charter ‘soon’; Bybit replaced CME as the second-largest crypto futures exchange by open interest; crypto wallet firm Ledger partnered with ZenLedger to integrate its tax reporting solution into Ledger Live; MicroStrategy’s shareholder letter noted that they will ‘vigorously pursue’ more bitcoin purchases; Skynet Trading launched a $40m fund to support Elrond Network’s DeFi initiatives; Jump Crypto led a $10m round in Ethereum Push Notification Service; Cosmos gained interchain accounts as the Hub Theta upgrade kicked in; DEX aggregator 1inch revealed plans to expand to the Fantom network; North Korean Lazarus Group allegedly behind the Ronin Bridge hack, Montenegro gave Vitalik Buterin citizenship as part of its plan to promote the country as a blockchain hub; and, memecoins DOGE & SHIB spiked on Elon’s bid to acquire Twitter.
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