DeepNewz

DeFi
Polyhedra Network Launches Staking Program V2 with Rewards Starting July 18, 2,000,000 ZK Prize Pool
Polyhedra Network has announced the launch of its Staking Program V2, with the first rewards distribution set for July 18, 2024.

People
Ethereum's Vitalik Buterin Highlights Imbalance in Web3 Infrastructure Investment
Vitalik Buterin, co-founder of Ethereum, has expressed concerns about the imbalance in investment within the Web3 infrastructure sector.

Regulation & Politics
UK's CPS Announces First Monero Conversion Case Involving Weight Loss Drug
The UK's Crown Prosecution Service (CPS) has announced its first case involving Monero conversion.

CeFi
Kraken to Distribute $3B in Bitcoin, $53M in Bitcoin Cash from Mt. Gox Within 7-14 Days
Kraken has announced that it has received Bitcoin (BTC) and Bitcoin Cash (BCH) funds from the Mt Gox trustee.

TradFi & Fintech
Stripe Expands Crypto Integration in European Union, Allows Purchases via Credit or Debit Cards
On July 16, 2024, Stripe has expanded its cryptocurrency integration into the European Union, allowing users to buy Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and other coins using their credit or debit cards.

NFTs & Web3
Axie Infinity Introduces Premier Bounty Board with Daily Resets, Summer Axie Reward, and 500 Points Requirement
Axie Infinity has introduced the Premier Bounty Board, which opens tomorrow, offering users the opportunity to earn rewards such as a Summer axie by completing quests.

TradFi & Fintech
MicroStrategy's Bitcoin Strategy Inspires Midcaps and Nonprofits, Stock Prices Surge 20-40%
MicroStrategy's bold strategy of converting its treasury to Bitcoin has inspired midcap firms and nonprofits to follow suit.

NFTs & Web3
ApeCoin Announces ApeChain Testnet Launch on July 16, Price Rises Above $0.80
ApeCoin has announced the launch of its ApeChain 'Testnet Curtis' on July 16.

DeFi
Scroll TVL Hits $1 Billion, Immutable's zkEVM Grows Rapidly to 2.2M Users
Scroll's Total Value Locked (TVL) has surged by 21% in the past week.

CeFi
Lazarus Group Suspected in $305M DMM Bitcoin Hack in July 2024
The notorious Lazarus Group is suspected to be behind the recent $305 million hack of the Japanese cryptocurrency exchange DMM Bitcoin in July 2024.





