Daily Summary, July 11

📈 Against the backdrop of reaching ATH, Bitcoin achieved a market capitalization of $2.33 trillion, now ranking 6th among all global assets.

🇰🇿 Kazakhstan is considering investing part of its gold and forex reserves in crypto assets — Central Bank head.

🇨🇳 Chinese authorities are discussing policies regarding stablecoins and cryptocurrencies — a signal of a potential softening of China’s stance.

☠️ Kinto protocol was hacked, with damages totaling $1,550,000.

🪙 Yesterday, spot Bitcoin ETFs recorded the second-largest daily inflow in history — over $1.1 billion.

🪙 Ethereum Foundation sold 1,210 ETH ($3,500,000).

🇵🇾 KULR expands mining operations in Paraguay, installing 3,570 ASICs and increasing capacity to 750 PH/s — the country was chosen due to its cheap and renewable energy from the Itaipu hydroelectric plant.

💰 The hacker who exploited the GMX exchange decided to return the stolen assets worth $42 million in exchange for a $5 million bounty.

🇧🇹 The Bhutanese government transferred 313 BTC ($37,000,000) to Binance in just two days.

🪙 Binance assisted World Liberty Financial, linked to the Trump family, in developing the core code for the USD1 stablecoin — Bloomberg.

🧬 Ethereum Foundation plans to integrate ZK-proofs (zero-knowledge proofs) into the Ethereum mainnet.

🪙 Tether will discontinue support for USDT on the Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand networks starting September 1, 2025.