Decrypt

Grayscale Bitcoin Trust BTC Holdings Dropped 55% in First Half of 2024

Grayscale played a pivotal role in the approval of spot Bitcoin ETFs, but has seen its fund bleed assets as Wall Street titans push ahead.Source link

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