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German government transfers additional $175 million in bitcoin, including $75 million to crypto exchanges
German government transfers additional $175 million in bitcoin, including $75 million to crypto exchanges

The German government transferred 3,000 bitcoin ($175 million) to various addresses.1,700 bitcoin were sent to an unidentified address starting with “139Po.”Additional transfers included 500 BTC to Bitstamp, 400 BTC to Coinbase, and 400 BTC to Kraken.

The Block·2024/07/04 09:55
Bitcoin Is Crashing to $50,000 – But You Are Prepared…!!!
Bitcoin Is Crashing to $50,000 – But You Are Prepared…!!!

Institutional Crypto Research Written by Experts

10xResearch·2024/07/04 08:36
When Will the Ripple v. SEC Lawsuit End? Lawyer Chips In
When Will the Ripple v. SEC Lawsuit End? Lawyer Chips In

One attorney predicted that the case will be settled after a penalty of no more than $25 million.

Cryptopotato·2024/07/04 06:52
Shiba Inu (SHIB) Nosedives Amid an Overall Meme Coin Bloodbath: Details
Shiba Inu (SHIB) Nosedives Amid an Overall Meme Coin Bloodbath: Details

Check out which meme coins are deep in the red today (July 4).

Cryptopotato·2024/07/04 06:52
Bitcoin drops below $59,000 amid Mt. Gox payout concerns, US economic uncertainty
Bitcoin drops below $59,000 amid Mt. Gox payout concerns, US economic uncertainty

The price of bitcoin fell 3% to trade under $59,000.Experts pointed to the impending Mt. Gox payout and uncertainties in the U.S. economy.

The Block·2024/07/04 06:37
FriendTech says native token will stay on Base, emphasizes community control
FriendTech says native token will stay on Base, emphasizes community control

Quick Take FriendTech said that its native token will remain on the Base blockchain in response to community feedback. It also said it turned off all protocol fees from BunnySwap, Clubs and V1 smart contracts.

The Block·2024/07/04 05:46
Flash
05:46
Spokesperson for the Central Bank of Indonesia: The Central Bank will continue to strengthen its policy mix and cooperate with the government and parliament to support economic stability.
Bank Indonesia spokesperson: Bank Indonesia will continue to strengthen its policy mix and cooperate with the government and parliament to support economic stability
05:46
Ethereum falls below 1700 USDT
Foresight News reports that according to Bitget data, Ethereum has fallen below 1,700 USDT, currently trading at 1,698.00 USDT, with a daily decline of 4.11%.
05:45
LayerZero will upgrade the default DVN configuration to 3-of-3 on July 9 and plans to deprecate the v1 relayer.
Foresight News reports that LayerZero has released an update announcement, planning to upgrade the default path configuration for Endpoint v1 and v2 on July 9. Specifically: the default configuration for Endpoint v2 will be raised from 2-of-2 to a minimum of 3-of-3; the default library for Endpoint v1 will be switched from ULNv2 to ULNv301. This change only affects applications using the default settings and is expected to cause a brief interruption of about 15 minutes. In addition, LayerZero will deprecate the relayer servicing v1 (ULNv2) on August 3. Teams currently using ULNv2 need to reset to ULNv301, otherwise message delivery will cease. Regarding secure clients, LayerZero will rename the original TypeScript version of Gasolina to Aegis and simultaneously launch a Rust version of the Veritas verification client. Both will run in parallel to enhance RPC consensus robustness. At the same time, LayerZero plans to upgrade all multisig thresholds to 5-of-7 in June and to further increase them to 7-of-10 by the end of summer.
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