Newsletter Jul 25, 2022
Elon Musk-Backed Dogecoin Has A Dark Side: Single Wallet Holds 30% Supply

As per CoinMarketCap data, the circulating supply of DOGE is around 132.67 billion DOGE and of these, 41.13 billion DOGE tokens are held by the biggest whale.

Yuga Labs Faces Class-Action Suit For 'Fraudulently' Promoting BAYC NFTs and ApeCoin

The lawsuit alleges that the company launched ApeCoin to "fleece investors." 

Crypto On Monday: Bitcoin Drops Below $22,000, Ether Retains $1,500

The crypto market opened on a bearish note on Monday as Bitcoin dropped below the $22,000 price level and Ether retained $1,500.

Massive Outflow Of Capital From Bitcoin: Institutions Sell 236K BTC Since May

An Arcane Research analyst said that Tesla sold 29,060 BTC at an average price of $32,209 in May.

Latvia Seizes Earnings Of Successful NFT Artist, Accuses Him Of Money Laundering

"This is an attempt to make anyone associated with selling art as NFTs a renegade and a criminal," the artist said.

Crypto.com Approved As Crypto Broker By Cyprus SEC

The Cyprus Securities and Exchange Commission (CySEC) greenlit Crypto.com to carry out operations and offer a suite of products and services in the region.

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