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๐ฅณ๐ฆ๐บ๐ธ US Banks Continue: Shares of Pacwest, which has $40.36 billion in total assets, are down about 31% since opening. Shares of Western Alliance, with total assets of $67.73 billion (one of the largest US banks), fell 24% after opening.
๐ฆ๐ฅณ Western Alliance is looking into the possible sale of all or part of its business, according to two people familiar with the matter
๐ฐ zkLink cross-chain transaction infrastructure completes $10M funding, Coinbase Ventures and others participate coindesk.com
๐ Supremacy discovered potential risk in Binance Curve's proposal to add wBETH to the Gauge controller due to a feature in the WrapTokenV1BSC BNBChain contract that can transfer the entire ETH reserve.
The owner account is a single-signature EOA account, which means that private key leakage or internal harm can lead to serious consequences. Binance said that the account's private key is controlled by the finance department and has a certain level of security, so the risk can be mitigated.
The owner account is a single-signature EOA account, which means that private key leakage or internal harm can lead to serious consequences. Binance said that the account's private key is controlled by the finance department and has a certain level of security, so the risk can be mitigated.
Twitter
1/ @binance's earn team at @CurveFinance launched a proposal to add $wBETH to the Gauge Controller, and our research team decided to perform a centralized risk assessment of $wBETH. In that assessment, we identified a potential risks.
https://t.co/bjjmvVNXsj
https://t.co/bjjmvVNXsj
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๐ฆ๐ฅณ Western Alliance is looking into the possible sale of all or part of its business, according to two people familiar with the matter
๐ฅณ #wal Western Alliance joins the flash mob "-50%" - studies the sale
The banking system is reliable - they said yesterday
Previously Today : First Horizon #FHN
Even earlier today: PacWest Bankcorp #PACW
The banking system is reliable - they said yesterday
Previously Today : First Horizon #FHN
Even earlier today: PacWest Bankcorp #PACW
โ Stronghold Digital will add 400 PH/s throughput with 4K BTC miners from subsidiary Canaan. coindesk.com
๐๐ค #AVAX Alibaba Cloud partners with Avalanche and others to deploy Metaverse on blockchain techcrunch.com
TechCrunch
Alibaba Cloud, Avalanche partner to deploy metaverses on the blockchain
Alibaba Cloud, the digital technology and intelligence division of Alibaba Group, has partnered with layer-1 blockchain Avalanche, the companies exclusively told TechCrunch ahead of an announcement at the Avalanche Summit II conference.
๐ #ETH dune: 88% of Ethereum transactions use EIP-1559 and the last time the average Ethereum gas was this high was in May 2022.
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๐บ๐ธ๐
โโ Florida governor vows to ban #CBDC in the state and says the government doesn't like cryptocurrency because it can't be controlled.
๐ฝ Legislative Assembly Florida voted to approve #CBDC ban
Previously: North Carolina votes against CBDC
Previously: North Carolina votes against CBDC
๐ Kucoins released reservation confirmation. All user assets correspond to real reserves in the network 1:1.
Assets: 19,495 BTC; 165,986 ETH; 1.26 billion USDT; 111 million USDC
Assets: 19,495 BTC; 165,986 ETH; 1.26 billion USDT; 111 million USDC
๐ค๐ #AI Memcoin #TURBO, created by ChatGPT, surpassed $50M market capitalization within a week of launch and surpassed 9k holders.
cryptoslate
cryptoslate
๐ค #IMX Immutable will launch non-custodial wallet and Web3 authentication product in partnership with Magic
โ Federal Judge Freezes $35M in Crypto Assets Owned by SpartacusDAO, a crypto investment project whose leader is facing legal action from disgruntled investors in its SPA tokens
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๐ฃ Bloomberg Intelligence Senior Macro Strategist Mike McGlone expects the S&P 500 to fall by 20%, and #BTC performance is still largely dependent on the price dynamics in the stock market. In the long term, he remains optimistic about Bitcoin and sees it asโฆ
๐ฃ Mike McGlone: The US recession that Bloomberg predicts this July may not be bullish for #BTC, at least not initially. A drop in BTC could fuel a gold rally.
๐ฎ๐ฑ๐ฅถ Israel has confiscated about 190 crypto accounts on the Binance crypto exchange since 2021, associated with the Islamic State and Hamas. reuters.com
Reuters
Exclusive: Israel seized Binance crypto accounts to 'thwart' Islamic State, document shows
Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian firms connected to the Islamist Hamas group, documents released byโฆ
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๐ #FTT FTX lenders agree to sell LedgerX to an affiliate of Miami International Holdings. theblock.com
โ #FTT FTX bankruptcy judge approves sale of LedgerX cointelegraph.com
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๐ #BTC The daily number of BTC transactions exceeded 568,300, which is ~78,000 more than the previous record during the peak of the 2017 bull market.
๐ glassnode: The recent surge in #BTC transactions has been caused by an increase in Taproot transactions, which can be explained by significant increase in the number of text labels (50% of all transactions in the Bitcoin network) that are associated with brc-20.
Previously: Transactions using BRC-20 standard tokens make up 42-54% of all transactions in the Bitcoin blockchain
Previously: Transactions using BRC-20 standard tokens make up 42-54% of all transactions in the Bitcoin blockchain