Here’s what happened in crypto today
Today in crypto, a Chainalysis report indicated a surge in decentralized finance (DeFi) activity in Eastern Europe, with the region receiving over $499 billion in cryptocurrency between July 2023 and June 2024. DeFi transactions constituted about 33% of the region's total crypto value flow, estimated at over $165 billion, ranking Eastern Europe as the fourth-largest cryptocurrency market globally. Meanwhile, crypto gaming platform Immutable announced it received a Wells notice from the U.S. Securities and Exchange Commission (SEC), signaling potential enforcement action regarding its IMX token's listing and private sales in 2021. Lastly, Donald Trump marked the 16th anniversary of Satoshi Nakamoto’s Bitcoin white paper, appealing to pro-crypto voters by pledging to support the cryptocurrency sector and promising to commute Silk Road founder Ross Ulbricht’s sentence if elected.
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