Unblocking Crypto10 Jul 2024

Episode 127 - Spot ETH ETF coming next week?

News
- US Regulation
  - Spot ETH ETF expected 7/15
  - House to revote on SAB121
    - Multicoin to match up to $1M from SOL donations
  - Polymarket updates
- BTC holders 3-6mos sold $2.4B
- Other Regulation
  - Zambia -
  - Taiwan - CDBC
  - Argentina Pres (Milei) - Zero Currency Issuance
  - Nigeria - 7.5% VAT
  - German Gov’t has sold $819M, has $2.3B left
  - Tron/Justin Sun to offer gas free Stablecoins by EOY
- Jack Dorsey - BTC could replace USD
- ETH earns $2.7B/yr in Fees
- Metamask buys Wallet Guard
- Kraken looking into nuclear power
- Coinbase
  - US Marshalls pick Coinbase to custody crypto seized by DOJ
  - Friend.Tech decides to stay on base
- ZK Updates
  - ZKM & Metis co-founder to lauch L2, GOAT network, in Q3t
  - Pi Squared raises $12.5M to build a universal ZK circuit powered by Proof-of-Proof (PoP)
  - Stark Stwo (Stark Two) to replace Stone (Stark One) in 2025
  - ZK Sync rebrands to Elastic Chain
- Justin Sun wins case against Chinese Media for saying he was involved in insider trading, money laundering, & fraud
- Celisus trying to claw back $100M
- Defunct 3AC wins bid for NFT (20E)

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