Cryptocurrency wallet Phantom experienced a service interruption with its Swap feature earlier today, which has now been resolved. However, access to popular tokens within the “Explore” section remains temporarily unavailable as the team continues restoration efforts.
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Nearly 60% of the 6,042/10,145 PUMP presale participants ($448.5M raised) have sold/transferred tokens, per @defioasis. 37% still hold, & 3% are accumulating. #DeFi #PUMP
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Bit Digital ($BTBT) plans a $67.3M share sale to institutional investors to buy more Ethereum. The company previously converted all Bitcoin holdings to ETH – currently holding ~100,603 ETH (~$301M as of July 7th). Q2 revenue est: $24.3-$26.9M. #crypto #ETH #Bitcoin
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Mastercard partners with firms like Paxos to integrate stablecoins (USDC, PYUSD), but everyday payments face challenges. Currently, 90% of stablecoin use is for crypto trading. Mastercard focuses on bridging traditional finance & digital assets with a focus on usability & scale.
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🚨 $537M in BTC moved from a 14-yr dormant wallet (holding 80k BTC total, ~$1.85B remaining) to Galaxy Digital, per Wu Blockchain. Data suggests the BTC may date back to 2011 mining. ₿ #Bitcoin #crypto
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House to vote on crypto bills this week! Wednesday: “Clarity Act.” Thursday: potentially landmark “GENIUS Act” (first major US crypto law). Also debating a CBDC ban. (CoinDesk) #crypto #legislation
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BIT Mining finished acquiring its Ethiopia data center, trading $209.6M in shares for crypto mining assets, boosting capacity to 51MW. They also plan a Solana staking pool to earn rewards. (Blockspace)
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Spain wants crypto “traffic lights”! 🚦 Lawmakers are pushing for a risk warning system categorizing assets as green (safe), yellow (moderate risk), orange (high-risk, unregulated), or red (speculative & unsupported). Aims to help investors understand crypto risks. #crypto #Spain #regulation
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PUMP token liquidity has surged to $50M, driven by retail investors after an initial $4M from the team (@ai_9684xtpa). Price ($0.0055) remains above the $0.004 public sale price. Binance shows positive funding rates & contract holdings are up! No news yet on the 24% airdrop.
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China is developing offshore Renminbi stablecoins (via JD.com, Ant Group & new Hong Kong rules) potentially challenging the dollar’s dominance in cross-border payments. Trust & regulation are key hurdles. #RMB #stablecoin #China #USD
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