Trump Aims to Make US the World's Crypto Capital, Court Dismisses Elon Musk's Dogecoin Lawsuit!

GM anon ☕🐺

In Today’s Alpha Bytes👇

Donald Trump teases the US ‘crypto capital of the planet’ plan. Meanwhile, Elon Musk and Tesla win dismissal of lawsuit claiming they rigged Dogecoin. The U.S. House Committee plans for a heap of crypto hearings in September. Ryan Salame, the former CEO of FTX Digital Markets, has withdrawn a petition to vacate his guilty plea for violations of campaign finance and money-transmitting laws.

BTC $58,838 (-0.64%), ETH $2,506 (-0.93%), SOL $138.16 (-3.83%)

Crypto News 📰

• BlackRock’s IBIT logs first daily net outflows since May amid streak of spot bitcoin ETF outflows

• Custodia Bank laying off employees as Biden admin's crypto crackdown weighs on digital asset industry

• IREN posts record $184.1M annual bitcoin mining revenue as capacity nearly doubles

• Real Madrid star Kylian Mbappé's X account apparently hacked to promote token launched via pump.fun

• Days after token airdrop, Orderly Network says its Discord has been compromised

• El Salvador’s Bukele says ‘Bitcoin hasn't had the widespread adoption we hoped for'

• Bitcoin DeFi protocol Threshold proposes tBTC merger to 'save' WBTC

• Crypto ATMs surge 17X in Australia amid concerns over use by bad actors

• Bitcoin mining CEO eyes hashrate contracts to offset rising costs

• New NCR Atleos/LibertyX feature converts BTC to cash at US ATMs  

• French President Macron denies inviting Pavel Durov to France

• Bloomberg adding Polymarket election data to Terminal

• Swan Bitcoin and Equity Trust join forces to expand Bitcoin IRAs

• Polkadot becomes Inter Miami’s official global training partner.

Project Updates 🔥 

• SynFutures is officially listed on OnchainSummer!

• Aptos network integrates Nillion for privacy-preserving apps

• Soneium integrates Transak to accelerate global onboarding

• BNB Chain and SingularityNET partner to advance decentralized storage

• Oasys partners with SBI Holdings to boost blockchain gaming in Japan

• MoonPay: PayPal users now hold a 'passport' to the world of crypto

• Alchemy acquires blockchain infrastructure provider Bware

• Hawk Tuah Girl

Threads 🧵 

• Decoding Bitcoin MEV

• Unlocking mass adoption with web proofs

• 5 Lessons for bootstrapping protocol communities

Launches 🚀 

• Forbes launches NFT-gated member community with OKX wallet

• TeraWulf launches new Bitcoin mining facility, eyes major tech partnership

• Io.net partners to launch world-first proof-of-AI

• Jito and Fragmetric launch new Solana liquid restaking token

• Binance to launch BNSOL, expand staking opportunities on Solana

• ETHGAS launches the GasExplorer platform for market analysis

Fundraise 💰

• Peregrine Exploration raises $3.6M from Polychain, Dragonfly for restaking-focused stablecoin protocol Level

• Edge Matrix Chain raises $20M in funding led by Polygon Ventures, Amber Group

• Layer 1 Quai Network closes $5M strategic round

• Time.fun raises $3M seed round led by Brevan Howard Digital

• Stablecoin money movement firm Bridge raises $58M in funding

• Verofax secures $3M in bridge funding to enhance Web3 services

• EMC has successfully raised $20M

That's a wrap for today!

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