On the 16th of July, the world of crypto trading infrastructure was abuzz with the news that Talos plans to acquire Coin Metrics, the Boston-based blockchain analytics and market data firm that supplies high-integrity metrics to financial institutions. 📈
Van de Poppe, with a following that rivals a small town’s population—795,600 souls, to be exact—proclaims that when ETH takes its grand leap into the high stratosphere, the wallets of retail traders will open wider than a preacher’s mouth on Sunday morning. 🙏
Pump.fun, oh, how it aspires to be more than just another meme coin. With its own decentralized social ecosystem, it aims to reward user attention with real value. The platform offered 33 percent of its 1 trillion token supply at 0.004 US dollars a piece, and all of the tokens were unlocked on day one. Through pump.fun and other partner exchanges such as Bybit and Kraken, the ICO raised millions of dollars worth of KYC-verified users, excluding, of course, the U.S. population. 🇺🇸🚫
But hold your applause! The battle is far from over, as these bills will continue to go through more hearings and votes before they can be enshrined into law. The twist? Democratic support has mysteriously vanished—how shocking, right? 🕵️♂️ This might just be the plot twist we didn’t see coming…
Yet, as whispers echo in the gilded halls of finance, it appears the soul of Citigroup is fixated on the “tokenized deposit space.” Imagine that! Banking—now with a sprinkle of digital seasoning! 🍽️
Our dear cryptocurrency, Bitcoin, is under threat from the nefarious quantum computing, which could compromise a whopping 25% of its supply due to exposed public keys. Fear not, for the intrepid Jameson Lopp, CTO and co-founder of self-custody service Casa, has proposed a quantum-resistant upgrade to the cryptocurrency’s software.
On a fateful Tuesday, the city council, perhaps sipping tea and assembling with grand purpose, passed with unanimous voice an ordinance that requires registration, licenses, and serves as a bulwark against the rising tide of crypto misadventures plaguing nearby locales, most notably under the aegis of the vigilant Attorney General Dana Nessel.
Cazz, in a recent update on X, highlighted a significant development on the Ethereum weekly chart. The ETH/USD pair has broken out of an 8-week tight consolidation range. This breakout came on the back of high volume and strong weekly closes near the highs. Its rapid price movement through a historically thin zone further confirms that this is classic big money behavior.
According to a press release shared with crypto.news on July 16, DFINITY—the non-profit organization building the Internet Computer network—has begun onboarding alpha testers for Caffeine, an AI platform that translates natural language prompts into fully functional applications. It’s like having a personal app wizard in your pocket, minus the pointy hat and the tendency to turn your cat into a teapot. 🧙♂️🐱
BigONE, a Seychelles-based crypto exchange (because who doesn’t love a good offshore account? 🏖️), revealed that they’d suffered a major security breach. It turns out that a third-party supply chain attack targeted their hot wallet infrastructure. Who knew that was a thing? 🤔
