Founder Loses Investor Funds

️ On today's Top Picks:

Crypto News

• ⭐️ Galaxy former general partner Richard Kim loses investor funds due to bad crypto trades.

• ⭐️ Ethereum $ETH ETFs to launch on July 23rd according to Bloomberg analyst Eric Balchunas.

• BlackRock CEO Larry Fink says Bitcoin $BTC is digital gold.

• Celsius to liquidate tokens & NFTs following settlement with KeyFi founder Jason Stone.

• Presidential Candidate Donald Trump commits to speaking at Bitcoin 2024 conference.

• Presidential Candidate Donald Trump selects pro-crypto J.D. Vance as vice presidential candidate.

Alpha

• ⭐️ Scroll unveils Scroll Canvas, a place to collect & display achievements, status, & onchain credentials.

• Magic Eden implements Dynamic for user management and auth.

• Taiko introduces Gwyneth, a booster rollup that is synchronously composable with Ethereum.

• Anoma Foundation publishes Namada $NAM mainnet release candidate.

• BSX teases, "Something special for the Degens," is coming soon.

Airdrops

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

• Infinex airdrops Pyth Network $PYTH to Early Craterunner badge holders.

• Ancient8 launches Airdrop eligibility & allocation checker.

• Hyperlane Aidrop Strategy by Crypto Snooper.

• Ora Protocol by mztacat.

Finance News

• BlackRock $BLK assets hit record-high $10.65T.

• Citi $C appoints James Morris as new UK head.

• Google $GOOG to acquire cybersecurity firm Wiz for $23B.

• Disney $DIS allegedly breach exposing 1.1TB of internal Slack data.

• Trump Media $DJT surges ~31% following recent events.

Security and Exploits

• SlowMist Weekly Security Report highlights ~$3.29M in losses.

• Tether blacklists $14M of $USDT tied to DMM Bitcoin hack.

• North Korean hackers infiltrate crypto job boards stealing ~$600M annually.

• Minterest exploited for ~$1.4M due to flashloan & reentrancy attack.

• Kaspersky to shut down US operations on July 20th following recent US OFAC sanctions.

• HardBit ransomware new version emerges with new obfuscation techniques.

Token Unlocks

• Render / 760.57K $RNDR / ~$4.7M / JUL 16
⭐️• Arbitrum / 92.65M $ARB / ~$66.9M / JUL 16
• Axie Infinity / 2.45M $AXS / ~$13.9M / JUL 16
• ApeCoin / 15.6M $APE / ~$11.8M / JUL 17
• Manta / 6.67M $MANTA / ~$5.8M / JUL 18
• Pixel / 54.38M $PIXEL / ~$10.45M / JUL 19
• Ethena / 14.89M $ENA / ~$6M / JUL 21
• SpaceID / 18.49M $ID / ~$7.7M / JUL 22

Funding

• Caliza, a global financial infrastructure, raises $8.5M in funding led by Initialized Capital.

• RECRD, a SocialFi platform, raises $4M in Seed funding led by the Sui Foundation.

• beoble, a chat solution for Web3, raises $3M in Strategic funding.

• Bima Labs, the developer of Bitcoin-backed stablecoin $USBD, raises $2.25M in Seed funding led by Portal Ventures.

• XYRO, a gamified social trading platform, raises an undisclosed amount in funding from Animoca Brands.

• Akedo, a gaming platform on TON, raises an undisclosed amount in funding from The Open Platform.

The Degen Farmer