News Explorer — Digital Asset Funds Sag, Bitcoin Fades as Ethereum, XRP Rise: CoinShares

After four weeks of gaining $742 million in inflows, digital asset funds experienced a reversal with outflows of $6.5 million. The lack of positive news for Bitcoin (BTC) investors contributed to this trend, as major catalysts had already occurred. BlackRock’s filing for a BTC exchange-traded fund sparked a surge in BTC-focused investment funds, but BTC’s price quickly dropped below $30,000 after XRPs court victory against the SEC. However, there was positive sentiment towards altcoins, with Ethereum (ETH) investment products receiving the largest inflows, indicating a turnaround in sentiment for the second-largest crypto asset.

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DL News

Linea Layer-2 Blockchain Bridge Users Lament Stuck Funds

Linea users are experiencing issues with withdrawing their Ether from the layer 2 blockchain, leaving their funds stuck… Read Summary

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Coindesk

Vitalik Buterin Raises Concerns About Worldcoin’s Orb Authentication, Highlighting Privacy and Security

Ethereum cofounder Vitalik Buterin has expressed concerns about Worldcoin’s user authentication system, ProofofPersonhoo… Read Summary

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Coindesk

Bitcoin Dips to $29K on Binance Wash Trading Report by WSJ

Bitcoin experienced a drop in value after the Wall Street Journal reported that Binance CEO Changpeng Zhao suggested tha… Read Summary

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Coindesk

A Flexible Grid and Cheap Renewable Energy Have Made Texas a Mecca for Bitcoin Miners

Bitcoin miners have flocked to Texas due to the state’s flexible power grid and abundance of cheap renewable energy. Tex… Read Summary

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Jul 24, 8:38 am

Decrypt

Binance and Other Crypto Exchanges Kick Off Worldcoin Trading

Binance has announced that it will begin trading Worldcoin (WLD), with support for leveraged trading and token deposits…. Read Summary

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Jul 24, 8:11 am

Coindesk

Musk’s Twitter Rebrand to ‘X’ Sparks Launch of Various Cryptocurrencies

Elon Musk’s Twitter rebranding to the symbol “X” has led to the emergence of several tokens with the same branding on de… Read Summary

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Jul 24, 7:01 am

Decrypt

Worldcoin Launches Protcol, Token on Optimism

The Worldcoin Protocol has officially launched on the OP Mainnet after migrating from the Optimism layer-2 blockchain. T… Read Summary

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Jul 24, 3:16 am

Cointelegraph

Republican Representative Warren Davidson Urges Congress to Ban, Criminalize the Development of CBDCs

Republican Representative Warren Davidson has called for a ban on Central Bank Digital Currencies (CBDCs) and criminaliz… Read Summary

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Jul 23, 10:31 pm

Decrypt

SEC Appeal Not a ‘Setback’ for Ripple XRP Ruling, Crypto Lawyer Says

Crypto lawyer John Deaton believes that the appeal from the SEC in the Ripple case is not a significant setback for Ripp… Read Summary

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Jul 23, 5:31 pm

Decrypt

Nevada Woman Sentenced for Hiring Hitman With Bitcoin to Kill Ex-Husband

Kristy Lynn Felkins, a Nevada woman, has been sentenced to five years in prison for attempting to hire a hitman on the d… Read Summary

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Jul 22, 9:52 pm

Decrypt

Americana Makes Its ‘Phygital’ Vault Service Available to the Public

Americana, a vaulting platform backed by OpenSea and venture capital firm 776, aims to provide a one-stop shop for secur… Read Summary

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Jul 22, 7:49 pm

Decrypt

SEC Asserts Ripple XRP Case was ‘Wrongly Decided’, Signals Appeal

The SEC has filed new documents in its lawsuit against Terraform Labs and its CEO Do Kwon, indicating a possible appeal… Read Summary

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Jul 22, 4:10 pm

Decrypt

House Crypto Bill Won’t Restrain SEC and Could Threaten DeFi, Legal Experts Say

The recently introduced digital assets bill in the US aims to address the regulatory shortcomings in the crypto industry… Read Summary

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