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Wu's Daily Selected Cryptocurrency News + Wu's Weekly Selection: Top 10 News and Popular Articles + Weekly Popular Project Updates

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#DeFi
吴说
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Jul 21, 2024

1. Cryptocurrency exchange BitForex announced that it will reopen for users to withdraw assets, while other functions and services will be suspended. The BitForex team was detained and investigated by the police in Jiangsu Province, China, on February 23, 2024, causing the platform to be inaccessible and users unable to withdraw assets. In February this year, about $56.50 million flowed out of the BitForex hot wallet.


2. Vitalik Buterin describes blockchain as a "truth machine," but notes that it requires other tools to assist in the discovery of truth.


3. Nate Geraci, President of The ETF Store, stated that the U.S.-listed spot Bitcoin ETF holds 900 thousand bitcoins, accounting for 4.3% of the total bitcoin supply, with assets worth about $60 billion.


4. Ripple CEO expects to resolve the lawsuit with the SEC "soon," leading to a rise in $XRP prices.


5. U.S. Senator Cynthia Lummis emphasizes the stability of bitcoin during network disruptions.


6. Wu's Weekly Picks: Ethereum spot ETF to start trading next Tuesday, Trump's support for bitcoin sparks discussion, WazirX hacked, and news Top10.


7. Weekly Hot Project Updates: Worldcoin extends token unlock time, Scroll TVL exceeds $1 billion, Binance airdrop portal launches BANANA, etc.

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