Binance Executive's Trial Delayed

️ On today's Top Picks:

Crypto News

• ⭐️ Binance executive Tigran Gambaryan's trial delayed to October as judge goes on holiday.

• ⭐️ Mt Gox moves ~$5.8B of Bitcoin $BTC of which ~$3.1B held by Kraken & remaining ~$2.74B held by Mt Gox trustee.

• FTX & US CFTC agree to $12.7B settlement that will be allocated to creditors.

• Grayscale launches Decentralized AI Fund with $NEAR, $RNDR, $FIL, $LPT, and $TAO.

• Optimism unveils Retro Funding 4 results rewarding 10M $OP.

• Worldcoin $WLD surges amid changes to token unlock schedule.

• Degen Chain reports receiving terrible support from their service providers leading to lost user funds.

Alpha

• Avail launches Avail Foundation to support research, provide grants, & foster education.

• Puffer launches Presenting Puffer UniFi quest on Galxe.

• Zerion launches ZERϴ Network x Petra NFT on Zora.

• Initia launches Initiation: Part Two campaign.

• ApeCoin launches ApeChain Testnet Curtis.

• Polynomial introduces Polynomial Chain & releases Retro Points checker.

Airdrops

• ⭐️ EtherFi Season 2 $ETHFI Airdrop claim to go live today July 17th.

• Ancient8 launches $A8 airdrop claim until August 17th.

• Sanctum launches $CLOUD airdrop eligibility & allocation checker.

• Pontem Lumio unveils Liquidswap DAO $LSD & aidrop details.

• Kinto users can now claim $K mining rewards.

• zkLink to launch $ZKL Novadrop Round 1 airdrop claim on July 22nd.

• Airdrop Tasks For This Week by Airdrop Official.

• Plume Network by Alpha Insiders.

Finance News

• US Americans now hold record $2.4T in Treasurys.

• ⭐️ Northern Data files motion to dismiss ex-employees' suit alleging insolvency & tax evasion.

• Cipher Mining $CIFR explores potential sale after receiving takeover interest.

• Metaplanet buys an additional ~$1.2M of Bitcoin $BTC causing stock price to surge.

• Elon Musk to move SpaceX & X headquarters to Texas due to controversial California legislation.

Security and Exploits

• ⭐️ LiFi exploited for ~$10M due to call injection attack.

• RevokeCash releases LiFi exploit checker tool.

• DRPK hackers update BeaverTail malware to target job seekers using MacOS.

• Void Banshee actively exploiting zero-day in Microsoft MHTML to spread Atlantida info-stealer.

Token Unlocks

• Render / 760.57K $RNDR / ~$5.1M / JUL 16
• Arbitrum / 92.65M $ARB / ~$71.8M / JUL 16
• Axie Infinity / 2.45M $AXS / ~$14.6M / JUL 16
• ApeCoin / 15.6M $APE / ~$12.7M / JUL 17
• Manta / 6.67M $MANTA / ~$6.2M / JUL 18
• Pixel / 54.38M $PIXEL / ~$11.6M / JUL 19
• Ethena / 14.89M $ENA / ~$6.9M / JUL 21
• SpaceID / 18.49M $ID / ~$8.2M / JUL 22

Funding

• Mira, a decentralized infrastructure to universalize AI, raises $9M in Seed funding led by BITKRAFT Ventures & Framework Ventures.

• PEXX, a crypto-to-fiat off-ramp, raises $4.5M in Seed funding led by TNB Aura.

• Oh Gamers, a Web3 gamers community platform, raises $3M in Seed funding from Axia8 Ventures.

• Edison, a metaverse for massive multiplayer events, raises $2.2M in Angel funding.

• Privy, a wallet & authentication infrastructure, raises an undisclosed amount in Strategic funding from Coinbase Ventures.

• SkyTrade, an air rights marketplace, raises an undisclosed amount in Pre-Seed funding led by Modular Capital & Portal Ventures.

• Dill, a scalable data availability network, raises an undisclosed amount in Pre-Seed & Founders funding led by FSL.

• RateX, a leveraged synthetic yield exchange, raises an undisclosed amount in Seed funding.

• Owlto, an intent-centric interoperability protocol, raises an undisclosed amount in funding from Matrixport.

• PlutoVision, the Web3 gaming studio behind Catizen, raises an undisclosed amount in Strategic funding from The Open Platform.

The Degen Farmer