• 34ºc, Sunny

List of important developments at noon on July 16

7:00-12:00 Keywords: Musk, JD Vance, Hong Kong Treasury, Galaxy 1. OCCRP: The use of crypto ATMs by scammers and criminals has skyrocketed. Musk-backed pro-Trump super PAC Q2 raised $8.80 million; 3. Coinbase, Ripple, and a16z will attend the Republican and Democratic National Conventions. 4. Bitcoin's top 100 "dirtiest" wallets hold more than $88 million worth of BTC; 5. JD Vance has a VC background and served as the head of a company owned by Peter Thiel, the "godfather of venture capital"; 6. South Korea's DAXA released the "Model Rules for Real-time Monitoring of Abnormal Transactions" and the "Standard Advertising Rules". 7. Hong Kong Treasury Board: Stablecoin issuers must comply with three main requirements: full reserve, redemption service, and governance. 8. Former Galaxy executives embezzled at least $3.67 million of investor funds from the Zero Edge they founded, including Galaxy.