DeepNewz

Regulation & Politics
Swiss Regulator FINMA Issues Guidance on Stablecoin Issuers, Urges Identity Verification
On July 26, Swiss financial regulator FINMA issued new guidance urging stablecoin issuers to verify the identity of all token holders

People
Trump Pledges to Promote Cryptocurrency, Make US a Bitcoin Superpower; Bitcoin Could Soar to $800K
Republican presidential candidate Donald Trump has announced his plans to promote cryptocurrency if elected for a second term

DeFi
$LSD Airdrop to Distribute 5% Supply; 69% Liquid at TGE, Trading Starts July 30 on KuCoin
Pontem Network has announced details for the $LSD airdrop, which will distribute 5% of the total supply to users

Research & Opinion
University of Wyoming to Launch Bitcoin Research Institute Led by Bradley Rettler for Peer-Reviewed Studies in August 2024
The University of Wyoming is set to launch a Bitcoin Research Institute in August 2024, spearheaded by cryptocurrency advocate and professor Bradley Rettler

CeFi
WazirX Faces Cyberattack, Offers 55% Fund Recovery; FBI Investigates
WazirX, an Indian cryptocurrency exchange, faced a significant cyberattack on July 18, which was possible due to four points of failure in the digital signing process, according to founder and CEO Nischal Shetty

DeFi
Solana Achieves Record Highs: $5.65B TVL, 42% DEX Volume, and Flips Ethereum in 24-Hour Fees
Solana has reached several significant milestones, marking a remarkable period of growth and dominance in the cryptocurrency space

DeFi
MorphoLabs Launches SuperFest Campaign on July 23, $8M Deposited on Base, $51M in RE7Capital Vaults, OP Rewards Available
MorphoLabs has launched its SuperFest campaign, which commenced on July 23, 2024

TradFi & Fintech
Franklin Templeton and SBI Holdings to Launch Bitcoin and Ethereum ETFs in Japan
Franklin Templeton is collaborating with Japan's SBI Holdings to launch a new crypto entity this year.

DeFi
Base Surges to Top Layer 2 with Over 4 Million Transactions and 1,220,883 Daily Active Addresses
Base, a leading Layer 2 solution, has seen a significant surge in activity, becoming the top Layer 2 by daily transaction volume with over 4 million transactions

Blockchains
Sui Network Launches Mysticeti Upgrade, Achieves 80% Faster Consensus with p50 400ms Latency
Sui Network has launched its major upgrade, Mysticeti, which significantly improves consensus performance





