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  • iTuber Crypto News

    Bitcoin is currently trading near USD 21,900 and is down over 3% in a day. ETH topped near USD 1,665 and declined below USD 1,520. More info: https://coinmarketcap.com/

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    Cardano has once again proven its reputation as one of the most stable networks in the cryptocurrency industry, works without issues for almost 5 years. More info: https://bit.ly/3cDk5uR

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    On July 24, a malicious proposal (Proposal #85) requesting the transfer of 18 million Audius’ in-house AUDIO tokens was approved by community voting. First pointed out on Crypto Twitter by spreekaway, the attacker created the malicious proposal wherein they were “able to call initialize() and set himself as the sole guardian of the governance contract.” More info: https://bit.ly/3zDpUSt

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    Taiwan’s Financial Supervisory Commission (FSC), a chief financial regulator, issued a note to the banking industry, indicating that they should not grant the virtual assets providers (VASPs) the status of merchant in operations with credit card holders. That means a de-facto ban on buying crypto with a credit card on the island. More info: https://bit.ly/3okBFGL

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    The research indicated how many individuals who have never purchased an NFT want to do so in the future. 26.6% of survey respondents indicated they intend to purchase one, while 31.7% of crypto enthusiasts claimed they would never buy an NFT. More info: https://bit.ly/3v6m3dC

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    A Google Pay in-app purchase option will soon be available on the cryptocurrency wallet and trading platform Crypto .com App, allowing users to buy cryptocurrency quickly and securely. More info: https://bit.ly/3v64LNK

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    Sommelier Finance, an on-chain investment protocol, has launched its first-ever community-governed product called Cellar. On a technical level, Cellar is a smart contract representing a community-governed investment strategy. More info: https://bit.ly/3B1q9HY

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    Zipmex, a cryptocurrency exchange operating in Singapore and Thailand, announced that it would temporarily pause withdrawals of clients’ funds from the platform. More info: https://bit.ly/3PrRrLO

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    Crypto industry experts are largely unfazed by Tesla’s decision to sell 75% of its Bitcoin (BTC) holdings, saying it’s a fairly typical strategy for companies to improve cash flow during economic slowdowns. More info: https://bit.ly/3IVKr7F

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    South Korean prosecutors launch a raid on seven local cryptocurrency exchanges on Wednesday as part of the investigation into Terraform Labs and its co-founder Do Kwon, local news agency Yonhap reported. More info: https://bit.ly/3aTfQuQ

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    Polygon has unveiled what it deems the "most important reveal" of 2022: Polygon zkEVM, the first EVM-equivalent of Layer 2 ZK (zero-knowledge). More info: https://bit.ly/3aNtrnD

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    As of July 19, the whale had accelerated the Bitcoin offloading with two transactions of 10,000 BTC and 20,000 BTC on July 20. After the transactions, the whale has a balance of 71,381.898 BTC. More info: https://bit.ly/3RJIEXg

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    According to on-chain analytics firm IntoTheBlock, as Ethereum’s price moved up from around $1,050 to over $1,500, ETH whales picked up their accumulation pace, to now hold over 22.4% of the cryptocurrency’s circulating supply. More info: https://bit.ly/3og4aW5

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  • iTuber Crypto News

    According to DogeWhaleAlert, a data tracking service that gives whale alerts for transactions of more than four million DOGE, 3.2 billion DOGE worth nearly $218 million has been reportedly moved by Robinhood to cold storage. More info: https://bit.ly/3cmK1ef

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    The Dubai Crown Prince Sheikh Hamdan bin Mohammed has launched a plan to support as many as 40,000 additional virtual jobs in the metaverse sector, as well as adding $4 billion to the GDP of the capital of the Emirate of Dubai, Bloomberg’s Leen Al-Rashdan reported on July 19. More info: https://bit.ly/3PEgEm1

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    Gemini has conducted another round of layoffs, according to a TechCrunch report. The company has reduced its workforce by an additional 7% as the effects of crypto winter continue to hit. More info: https://bit.ly/3od1TuN

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    The Lido team noted that it would initially begin by supporting Ether staking via bridges to L2s using wrapped stETH (wstETH). Moving forward, it will eventually enable users to stake directly on the L2s “without the need to bridge their assets back” to the Ethereum mainnet. More info: https://bit.ly/3PEdSNK