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Daily News Summary 16/7

July 16, 2024 Tóth Balázs
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Donald Trump Chooses Crypto-Friendly Running Mate

Donald Trump, the Republican candidate for the U.S. presidency, has announced that he has chosen J.D. Vance, a crypto-friendly senator, as his running mate after careful consideration. This decision is seen favorably by those in the cryptocurrency market due to Vance’s past efforts advocating for clearer regulations. J.D. Vance, a venture capitalist turned politician, has openly stated that he has been holding Bitcoin since 2022.

Spot ETH ETFs Expected to Launch Next Week

According to Eric Balchunas, a leading ETF analyst at Bloomberg, new spot Ethereum ETFs are likely to launch next week, on Tuesday, July 23. The U.S. Securities and Exchange Commission (SEC) has requested issuers to submit their final S-1 filings with the appropriate fees by Wednesday, allowing them to apply for market listing after Monday’s close. Several issuers have confirmed this information.

Uniswap Labs Wallet Browser Extension Now Available

Uniswap Labs, the organization behind the Uniswap decentralized finance platform, has publicly launched its wallet browser extension on Chrome, supporting 11 blockchains. Users can add the extension through the Google Chrome Web Store, then create a new Uniswap wallet or import an existing one.

AI Startup Mira Raises $9 Million

The crypto-AI startup Mira, which is building a decentralized AI infrastructure platform, has raised $9 million in a seed funding round co-led by Bitkraft Ventures and Framework Ventures. Other investors in the round include Accel, Mechanism Capital, Folius Ventures, and AJ Scaramucci’s SALT Fund. The startup aims to assist developers in creating AI applications.

Stripe Enables Crypto Purchases in the EU

Financial technology company Stripe has expanded its crypto services to the European market, allowing users to purchase various crypto assets, including BTC, ETH, and SOL, with a bank card. This expansion enables crypto companies to help European consumers buy crypto assets quickly and easily.

Another Exploit of the LI.FI Protocol

The cross-chain LI.FI protocol has suffered another attack, losing approximately $9 million due to an exploit. The team is investigating the potential attacker and has asked users to revoke permissions from the protocol. Individuals can check if they are affected on the scan.li.fi site and revoke permissions via the revoke.cash site. This attack resembles the exploit suffered in 2022.

Kraken Receives Mt. Gox Payout

Crypto broker Kraken has reported receiving 48,641 BTC and BCH from the Mt. Gox Rehabilitation Trustee. In a statement, Kraken advised those affected to expect an additional 7-14 days for the amounts to be credited to their accounts.
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