Brian Armstrong views Bitcoin as a crucial defense against the U.S. debt crisis, addressing Balaji Srinivasan's concerns about imminent economic risks.
U.S. Ether ETFs debut with $107M net inflows, highlighting strong investor interest and mainstream crypto demand beyond Bitcoin.
DeFi
RiskLayer secures pre-seed funding to develop DeFi security middleware on EigenLayer, enhancing risk management with innovative AVS technology.
Russia's parliament advances a bill for crypto trade and considers mining legalization by September 2024, amid energy consumption concerns.
BTC
Ferrari expanding crypto payments to Europe, enabling customers to buy cars with cryptocurrency starting end of July.
Mt. Gox has moved $2.5 billion in Bitcoin to an unknown wallet, surpassing 40% repayment to creditors amid ongoing transactions.
Ethereum ETFs saw a $106.6M inflow on their debut day, led by BlackRock. However, Grayscale's Ethereum Trust faced significant outflows.
India's 2024-25 budget sidesteps the crypto industry, maintaining high taxes and causing declines in trading and user activity.
Toyota explores Ethereum blockchain to enhance vehicle value, proposing the ERC-4337 standard and supporting EIP-7702 for smart contracts.
SEC approval of nine spot Ether ETFs boosts ETH prices above $3,500, defying correction predictions and driving bullish market sentiment.
Chinese scientists unveil a 0.7-nanometer semiconductor, promising faster, energy-efficient AI chips with advanced 2D materials.
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