Daily Crypto News

1. Apple iPhone maker’s founder distances himself from crypto fraudsters using his image — Terry Gou, founder of Apple iPhone maker Foxconn, Saturday said that fraudsters have been using his images to promote cryptocurrency scams and that he has never invested in the crypto industry.
2. S.Korea Busan Bank employee embezzles US$1.1 mln, invests in Bitcoin: report — An employee on the foreign exchange team of South Korea’s BNK Busan Bank allegedly embezzled 1.48 billion Korean won (US$1.1 million) in customer funds to invest in Bitcoin, local media reported.
3. Bitcoin, Ethereum hold steady over weekend, record monthly gains — Bitcoin held steady over the weekend and closed July trading at US$23,737 in Asia, posting monthly gains of nearly 24% — its highest since October last year, where it gained 40% in a calendar month.
4. How to Add Crypto to Your Retirement Account — Click Me
5. Jewelry Brand Tiffany and Co. Unveils $50K CryptoPunk Necklaces—The company is selling 250 customized, diamond-encrusted pendant necklaces for 30 ETH (around $50,000) a pop to holders of the famed collection. Each necklace will include a combination of 30 diamonds and gemstones, according to Tiffany’s website.
6. Bitcoin and Ether Fall in Sunday Trading — After a quick spurt upwards on Saturday, bitcoin returned to a lower altitude under $24,000.
7. Crypto Bear Market Will Test Thailand’s SEC — Part of the appeal of crypto for Thais might have stemmed from lack of other investment opportunities. Real estate is often out of reach. The stock market is rife with fraud and Ponzi schemes.
8. Bitcoin Independence Day — 8:30 a.m. HKT/SGT(12:30 a.m. UTC): Jibun Bank manufacturing PMI (July) — 9 a.m. HKT/SGT(1 a.m. UTC): Australia TD Securities inflation (July/MoM/YoY)

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