ETH hits 5-month High, Hong Kong set to Cut Crypto Taxes, XT Hacked!

ETH Hits 5-Month High, Hong Kong to Cut Crypto Taxes, XT Hacked!

ETH hits 5-month high and leads majors higher. ETH beta coins lead altcoins, led by DeFi and memes. Hong Kong is going to announce a zero tax on crypto. Hyperliquid launches HYPE with a drop of $310 million. XT hacked, all funds withdrawn for ETH. Stablecoins reached a record market capitalization of $190 billion. Base closes 10 million transactions in one day. Metaplanet wants to raise $62 million to buy BTC. Vancouver mayor has plans for ‘BTC-friendly city’. SOS plans a $50 million BTC purchase, shares rise 40%. Metamask adds fiat ramp via Venmo. Celsius will pay out $127 million to creditors. Russia Adopts New Crypto Tax Law. Tether to shutter Euro stablecoin. Bitwise files for 10 crypto index ETF with SEC. 21Shares launches four new European crypto ETPs. Vitalik donates $1 million to Tornado Cash defense. Ex-CFTC chairman Giancarlo is running for crypto czar. The GFT team doubles the token size while delisting Binance.