Bitcoin drops below $65,000, logging a 0.8% decline over the past 24 hours.

Abraxas Capital deposited 2,211 $BTC ($143.88M) into #Kraken and 30,825 $ETH ($59.19M) into #Binance over the past 8 hours.

According to market data from BIT (bit.com), the U.S. optical communication sector rallied across the board. Pure Photonics ETF FOTO and Corning advanced over 3%, Coherent and Ciena gained more than 4%, while Lumentum and AAOI jumped over 7%.

LayerZero announced a partnership with Keeta to support the transfer of tokenized commercial bank deposits across public blockchains including Keeta Network, Ethereum, Solana, and Base, providing institutional cross-chain settlement infrastructure. The two parties will combine LayerZero’s omnichain interoperability protocol with Keeta’s compliance infrastructure to enable institutions to conduct fund management and payment operations. The newly launched Keeta Stablecoins are backed by commercial bank deposits held by U.S.-licensed fintech platform Bivo. Unlike traditional stablecoins, they are pegged to actual commercial bank deposits and allow issuing institutions to retain control over contracts via LayerZero’s Omnichain Fungible Token (OFT) standard. Keeta Stablecoins will launch later this month, initially supporting the U.S. dollar, with plans to expand to additional fiat currencies including the euro, Japanese yen, Chinese yuan, British pound, Canadian dollar, Mexican peso, UAE dirham, and Hong Kong dollar.

July 23 Update: #Bitcoin ETFs: 1D NetFlow: +1,064 $BTC(+$69.28M)?? 7D NetFlow: +10,891 $BTC(+$709.47M)?? #Ethereum ETFs: 1D NetFlow: +37,753 $ETH(+$71.88M)?? 7D NetFlow: +84,364 $ETH(+$160.63M)??

According to Specter’s monitoring, a long-inactive PancakeSwap liquidity provider (LP) suffered a loss of roughly $2.96 million after signing a malicious EIP-7702 authorization. The attacker drained approximately $1.48 million in BSC-USD and $1.48 million in BUSD liquidity provided by the victim, then swapped the BUSD for ETH. To date, the attacker has deposited around $1.46 million into Tornado Cash, with the remaining roughly $1.48 million in USDT still held in the attacker’s address.

Arthur Hayes delivers a farewell message as BitMEX prepares to shut down, thanking his partners, BitMEX employees, and most importantly, its clients. “It’s been an incredible journey. We did something special together. I’m incredibly proud of everything we built, and proud that we could close in our own way, responsibly. Fuck traditional finance (TradFi), fuck banks, Satoshi Nakamoto lives forever!” BitMEX, which pioneered 100x leverage crypto contracts back in 2014, announced it will officially cease operations on September 23, having already suspended new user registrations and launched an orderly liquidation process.