DeepNewz

CeFi
Wintermute in Talks to Raise $100 Million in Fresh Cash Funding Round
Wintermute, a leading cryptocurrency trading firm, is in discussions to raise fresh cash through a new funding round.

CeFi
Indian Crypto Exchange WazirX Hacked, $234.9M Stolen
Indian cryptocurrency exchange WazirX has reportedly been hacked, resulting in the loss of over $230 million.

Blockchains
Ronin Network's DAA Surges 93.43% in 26 Days Amid Runiverse Game Migration, Token Up 17%
Ronin Network has experienced significant growth, with its daily active addresses (DAA) increasing by 93% over 26 days.

People
Mark Cuban: Silicon Valley's Trump Support Could Drive Bitcoin Price 'Way Higher'
Billionaire Mark Cuban has stated that Silicon Valley's support for former President Donald Trump is largely driven by the potential for Bitcoin price acceleration.

People
Ethereum Developer Virgil Griffith's Sentence Reduced to 56 Months
Virgil Griffith, an Ethereum developer, has had his sentence reduced by seven months.

People
Republican Candidate Trump Considers Jamie Dimon for Treasury Secretary Amid Bitcoin Rally
Republican presidential candidate Donald Trump is considering Jamie Dimon, a prominent Bitcoin critic, for the position of US Treasury Secretary.

TradFi & Fintech
BlackRock's Ethereum ETF to Challenge Grayscale with 21bps Fee vs 2.5%
BlackRock is expected to introduce an Ethereum ETF with a fee of 21 basis points, significantly lower than Grayscale's 2.5% fee.

Markets
Tech Selloff Erases $1.1 Trillion from 'Magnificent Seven' Market Cap by July 17, Nvidia Loses $183.08B
A significant tech selloff has erased $1.1 trillion from the market capitalization of the 'Magnificent Seven' companies within five days.

Regulation & Politics
Taiwan Passes New AML Legislation for Crypto Firms with Penalties Up to $153,800
Taiwan's Legislative Yuan has passed new anti-money laundering (AML) legislation that imposes stringent requirements on cryptocurrency firms.

CeFi
Kraken Confirms Mt. Gox Funds Amid Wednesday Cyberattack Concerns
Kraken has informed users that Mt. Gox reimbursement funds have been received.





