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In a surprising turn of events, memecoins are defying the overall crypto market slump and experiencing a surge in value. Over the past 24 hours, several memecoins have witnessed double-digit growth, breaking away from a week-long downtrend.

Fears of a major Bitcoin price drop due to the upcoming Mt. Gox exchange repayment plan might be overblown, according to a recent report by Galaxy Digital. The cryptocurrency investment firm believes the market is anticipating a much larger sell-off than what is likely to occur.

Mark Cuban, the outspoken entrepreneur and Dallas Mavericks owner, has rekindled his interest in the NFT market, but this time by selling. After nearly two years of inactivity, Cuban's crypto wallet, identifiable by its Ethereum Name Service (ENS) domain "markcuban.eth," sprung back to life on June 23rd with a flurry of NFT sales.

Bybit, a cryptocurrency exchange based in Singapore, has been rapidly gaining market share and establishing itself as a major player in the global crypto landscape. Since October 2023, Bybit's market share has more than doubled, surpassing Coinbase to become the second-largest exchange after Binance.

A seemingly innocent game about battling hamsters has sparked controversy in Iran. "Hamster Kombat," a popular play-to-earn title built on blockchain technology, has drawn criticism from government officials and religious hardliners who view it with suspicion.

ZKsync, a prominent layer-2 scaling solution for Ethereum, recently unveiled its roadmap for ZKsync 3.0. This upgrade introduces an innovative concept called the "Elastic Chain," which bears a striking resemblance to Polygon's "AggLayer" launched earlier in 2024.