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Have an idea for a killer #Web3 product, but don't know where to begin? We can help. Visit our site to learn more!
JUST IN: 🇮🇷 Iran approves the use of #Bitcoin and #cryptocurrency for imports and trading goods.
There's worry of looming mass Bored Ape NFT liquidations as plunging prices puts loans in peril. @elitanjourno reports trib.al/dU3zu3A
coindesk.com
Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite
The NFT lending platform BendDAO has collateralized almost 3% of the entire Bored Ape collection, and many NFTs have recently entered the “danger zone” of liquidation.
JUST IN: 26,370 $BTC ($560 million) has been taken off exchanges in the past 24 hours.
USA’s Top-10 charts are here again! 🇺🇸 $BTC takes the crown this week with $OP and $ETH rounding up the Top-3! Any of these in your bag? 👀 coingecko.com/en/discover
SCOOP: Customers who held cryptocurrency in custody accounts at @CelsiusNetwork, the now-bankrupt trading and lending firm, have banded together and hired legal counsel in a bid to get their money back. @IanAllison123 reports. trib.al/9T7zZuw
coindesk.com
Celsius Network Custody Clients Tap Lawyer to Reclaim $180M
Custody account holders, who represent 4% of the assets locked up at the bankrupt crypto lender, hired Kyle J. Ortiz of Togut, Segal & Segal.
.@SECGov is reportedly probing crypto exchange @Coinbase on suspicion it allowed U.S. persons to trade unregistered securities. bit.ly/3zsKEen
JUST IN: 🇺🇸 US senators propose a bill that would exempt #crypto transactions under $50 from taxes.
🇮🇳 India’s Finance Minister says the country’s central bank wants to ban all cryptocurrencies.
Dubai Unveils Metaverse Strategy, Aims to Attract Over 1,000 Firms coindesk.com/policy/2022/07… via @coindesk
Airdrop Strategy #25: BullTrapMonday 🎯 Thread: a new strategy involving 5 no-token protocols that could potentially make an airdrop: @ChainHopDEX, @overnight_fi, @lifiprotocol, @aztecnetwork, @VovoFinance 5Birds1Stone: 5 token-less birds to explore! Take a look 🧵👇
Stablecoins have become the backbone of DeFi, with nearly $150B in cumulative market cap. Of this, over 97% are in collateralized stablecoins while the remaining portion is made up of their undercollateralized counterparts. What is your stablecoin of choice?
.@CelsiusNetwork has outlined its next steps as it heads into court for its bankruptcy proceedings. Reporting by @oknightcrypto trib.al/lNMjG1z
coindesk.com
Celsius Outlines Next Steps as Bankruptcy Proceedings Begin
Celsius Network has produced a first day presentation outlining its next steps ahead of Monday's bankruptcy proceedings at the Southern District of New York court.
GameStop Opens Ethereum NFT Marketplace Following Company-Wide Layoffs ► decrypt.co/104881/gamesto…
.@aztecnetwork announced the mainnet launch of Aztec Connect, a bridge that offers a privacy shield for Ethereum’s decentralized finance ecosystem. @BrandyBetz reports trib.al/S4diEun
JUST IN: FTX CEO Sam Bankman-Fried says the exchange has over $2 billion they could use in #crypto industry deals, if needed.
.@federalreserve, inflation, unemployment and contagion in the crypto market are the big buckets pushing the markets around, @tradethechain's @nickcini says. "July may spell more bearishness based on the overhang we're currently facing." Watch more: coindesk.com/video/recent-v…
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