Ethereum, Solana, and Cosmos Users Can Claim Dymension Airdrop

Samczsun and ZachXBT have issued warnings post-Bybit hack, emphasizing the threat beyond Lazarus Group. Samczsun advises caution and software installation for security against sophisticated attacks.

Canary Capital's CEO, Steven McClurg, believes the NFT market could see a resurgence, with the possibility of an NFT-backed ETF becoming available to U.S. investors. Despite concerns about liquidity and market-making issues, there is hope that such a fund could breathe new life into the struggling NFT market.

Metaplanet, a Tokyo Stock Exchange-listed firm, acquired 696 Bitcoin through a strategy involving selling put options and using collateral to purchase Bitcoin at a discount. This move increased their total Bitcoin holdings to 3,896 BTC, making them the ninth-largest corporate Bitcoin holder globally.

Grayscale Investments filed to convert its private Digital Large Cap Fund to a publicly available ETF, including Bitcoin, Ethereum, XRP, Solana, and Cardano. The fund heavily favors Bitcoin with a 79.4% weighting, while other assets make up smaller percentages.

Modest gains were seen in top cryptocurrencies like Dogecoin and Cardano, with Bitcoin, Ethereum, BNB, and Solana also showing positive movement. Bearish Bitcoin options worth $1 million were observed, with Ethereum surpassing Solana in decentralized exchange volumes.

Blade of God X (BoGX), a blockchain-powered action RPG funded by crypto investors, faced internal turmoil when former CMO Amber Bella accused the founder and development team of mismanagement and reward manipulation. Despite being primarily funded by Web3 contributions, the project failed to deliver on promises to the community.

An amendment to the Money Transmission Act in California, now renamed the Digital Assets Act, aims to protect the use of cryptocurrencies for payments. The bill allows individuals and businesses to accept crypto, prohibits restrictions on its use, and affirms the right to self-custody digital assets.

Kentucky has joined South Carolina and Vermont in dropping its lawsuit against Coinbase over staking services, citing violations of state securities laws. The move follows a trend of states retracting enforcement actions against the exchange, with seven states still pursuing legal action.

The Lazarus Group, a North Korean hacking group, executed the largest single hack in crypto history by stealing $1.4 billion from Bybit. This cybercrime highlights the ongoing threat posed by North Korea's cyber offensives, with various subgroups targeting both traditional banks and crypto platforms.

Coinbase CEO Brian Armstrong advocates for legislation allowing stablecoin holders to earn interest, emphasizing a free market approach. The proposed bills, STABLE Act and GENIUS Act, are under scrutiny for their impact on compliance with the Bank Secrecy Act.