Decrypt

Fomo Hour 171 – The Bitcoin Bounce

BTC ETFs: +51m, ETH ETFs: +$26m. BTC bounces at $62k amid $300m liquidations. BTC volatility hits 2 month high. SOL flips ETH monthly DEX volume. SOL rumour claims insiders own 8%. Coinbase shares rise 2% after strong earnings. Marathon Digital falls 8% after revenue miss. Bybit exits France over regulation. Crypto(.)com surpasses Coinbase volume. Do Kwon will be extradited to South Korea. CVG falls 99% after exploit. JUP votes to reduce 30% team supply.Source link

Man Pleads Guilty to Theft After Crypto.com Refunded Him $6 Million Instead of $65

A couple got refunded $10 million rather than $100 and started spending. Years later, they face time in prison for their actions.Source link

Solana DEX Raydium Sees RAY Drop 5% After Twitter Meme Coin Misfire

The decentralized exchange attempted to launch a meme token using Twitter tool makenow.meme, but things "didn't exactly go as expected."Source link

Terra Founder Do Kwon Will Be Extradited to South Korea—Court Says It’s Final

The August 1 ruling marks the conclusion of a protracted legal saga involving multiple appeals and judicial reversals on Kwon's extradition.Source link

Bybit to Exit From France’s Market as EU’s Crypto Regulation Takes Hold

From August 13, French users will be unable to transact on the exchange other than to withdraw funds, Bybit announced Thursday.Source link