Grayscale launches new fund for decentralized AI: TheBlock

Projects included in the fund's basket are:
Near (NEAR), 32.99%
Filecoin (FIL), 30.59%
Render (RNDR), 24.86%
Livepeer (LPT), 8.64%
Bittensor (TAO), 2.92%

State Street is exploring creating its own stablecoin and also considering creating its own deposit token, which would represent customer deposits on a blockchain.

BTC down 0.5%
S&P 500 down 1.5%
Nasdaq down 3%
Microsoft down 2.5%
Apple down 3.5%
Nvidia down 7.5%

Vitalik Buterin warns that being crypto friendly now doesn't guarantee being crypto friendly in the future, and recommends examining politicians' past views on related topics.

Article: Against choosing your political allegiances based on who is "pro-crypto"

> by publicly giving the impression that you support "pro-crypto" candidates just because they are "pro-crypto", you are helping to create an incentive gradient where politicians come to understand that all they need to get your support is to support "crypto".

> If a politician is pro-crypto, the key question to ask is: are they in it for the right reasons?

All Spot ETH ETFs Fees:

> Blackrock: 0.25% [0.12% for the first $2.5B/12 months]
> Grayscale: 2.5%
> Franklin: 0.19% [ZERO fee for the first $10B/31st Jan 2025]
> Vaneck: 0.20% [ZERO fee for the first $1.5B/12 months]
> Bitwise: 0.20% [ZERO fee for the first $500M/6 months]
> Fidelity: 0.25% [ZERO fee in 2024]
> 21shares: 0.21% [ZERO fee for the first $500M/6 months]
> Invesco Galaxy: 0.25%
> Grayscale ETH Mini Trust: 0.25% [0.12% for the 1st $2B/12 months]

Updated:
> Grayscale ETH Mini Trust: 0.15% [0% for the 1st $2B/6 months]

Earlier Today: Biden said he would drop out of 2024 race if diagnosed with medical condition.

Just Now: Biden tests positive for COVID.

Bitcoin just had one of its least volatile three months in history.

⚠️ Confirmed Breach: Indian Crypto exchange WazirX hacked for $235M: Cyvers

Hacker: 0x04b21735E93Fa3f8df70e2Da89e6922616891a88
Hacker holds:
SHIB: $99M
ETH: $52M
MATIC: $11M
FLOKI: $4.8M
FTM: $3M

> Exchange has temporarily paused Withdrawals.
> Stolen funds exceeds 45% of total reserves. Exchange disclosed $500M holdings in Proof of Reserves Report in June.

> Arkham Bounty for the hack solved by ZachXBT: link
> According to zachxbt and Elliptic North Korean Hacker Group Lazarus likely behind the hack.

⚠️ Largest IT outage:

"Blue screen of death” appears on Microsoft PCs with CrowdStrike's Falcon security software installed

> BSOD Boot loop issue caused by the latest CrowdStrike update

Trains, Banks, Airlines, Markets, Media Outlets And Many More Businesses Worldwide Disrupted.
> Microsoft Services down
> Flights being grounded at airports across the world
> Boarding scanners at airports offline
> London Stock Exchange affected

pre-market reaction:
> CrowdStrike down 14%
> Microsoft down 2%

> Crowdstrike CEO says a fix has been deployed for outage and it's not a cyberattack

Troy Hunt:

I don’t think it’s too early to call it: this will be the largest IT outage in history.

CBOE: 21Shares, Fidelity, Franklin Templeton, Invesco and VanEck Spot ETH ETFs To Begin Trading On July 23, 2024

Biden drops out of the presidential race.

ready for this ? Biden out

Biden drops out of the presidential race and endorses Kamala Harris to replace him as nominee.

> Bill and Hillary Clinton endorse Kamala Harris.
> Obama says for now just want to express gratitude to Biden.
> Harris says she intends to win democratic nomination.
> "Biden for President" campaign committee has officially renamed itself to "Harris for President."

Musk updated his 𝕏 (Twitter) profile picture to laser eyes.

MtGox BTC: Bitstamp possibly next in line after Kraken's recent transfer: Report

> 40 min ago: MtGox made a test txn to a new address and to Bitstamp, hinting at possible payout.

The Week Ahead: July
Olympics: July 26 to August 11

Macro:
> Earnings: Tesla and Google on 23
> BoC Interest Rate Decision on 24
> U.S. GDP & Jobless Claims on 25
> U.S. PCE on 26

Crypto:
> Spot ETH ETFs are expected to be approved for trading on 23
> Russia plans vote on law allowing crypto for international trade payments on 23
> Asia’s First Inverse Bitcoin ETF by CSOP will list on Hong Kong Stock Exchange on 23
> Avail Mainnet on 23
> Illuvium official game launch on 25
> Bitcoin 2024 Event: Nashville July 25-27: Donald Trump Keynote at 7PM UTC on 27

Unlocks:
> $ALT: 42%: $105M on 25

Rumors:
> Trump might announce Bitcoin as a strategic reserve asset at Bitcoin Conference
> Musk might attend Bitcoin conference
> XRP-SEC settlement rumours based on SEC Closed-door meeting set for July 25.

*More info/charts in comments 👇

Nancy Pelosi endorses Kamala Harris for president

> schumer, jeffries to endorse harris as soon as today: CNN

Spot Ethereum ETFs get final sign off to begin trading Tuesday: TheBlock

Grayscale deposited 292k ETH worth ~$1B to Coinbase Prime

Now Coinbase sending grayscale ETH to different wallets in batches of 15k ETH

likely seed capital for Grayscale ETH Mini Trust, corresponds to ~10% of ETHE AUM: foobar