Crypto
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Spot Ethereum ETFs seen with over $1B in trading volume on debut
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows. Source link
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BlackRock Bitcoin ETF inflows surpass 'magnificent 7' stocks as trader eyes $88K
Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows. Source link
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Riot subsidiary Whinstone US sues former JV partner over revenue flow
The partners at the Texas facility had troubled relations almost from their start in 2020. Source link
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Kamala Harris could be ‘far more open’ to crypto business, Mark Cuban says
Kamala Harris’ campaign team is reportedly seeking input on crypto policy ahead of the Democratic National Convention. Source link
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Bill targeting illicit use of crypto passes US House
The Financial Technology Protection Act passed the House of Representatives by voice vote roughly a year after lawmakers sent it out of committee. Source link
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US lawmakers send a letter to OpenAI requesting government access
Congressional Democrats asked the AI firm, “What is the percentage of computing resources that OpenAI is dedicating to AI safety research?” Source link
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Crypto traders say Ethereum ‘undervalued,’ expect spot ETH ETF to fuel new highs
Ethereum price has a muted response to today’s spot ETH ETF launch, but traders still expect Ether to hit new highs soon. Source link
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AT&T's latest massive breach shows the peril of data centralization
A 24-year-old hacker infiltrated AT&T systems — and accessed data on more than 100 million people. Decentralizing data could limit similar risks in the future. Source link
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Bitcoin gains $1.2K in 1 hour as BTC price rebounds on Ether ETF launch
Bitcoin and Ethereum volatility continue as crypto traders react positively to Ether ETF trading volumes. Source link
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Aethir and APhone unveil 10x scaling solution slashing mobile user costs by 90%
The strategic partnership promises significant benefits for the users of the decentralized smartphone, including 90% cost reduction and faster Web3 native mobile apps thanks to Aethir Edge. Source link
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