I hope you had a good weekend, folks. In today's Daily, bitcoin and ether dip amid reports of a second assassination attempt on Donald Trump, the Fed may now cut interest rates by 50 basis points, former Celsius CEO Alex Mashinsky seeks to avoid a 115-year prison sentence and more.

Let's get started.

Bitcoin fell 4% to below $58,000 during the past 24 hours, while ether dropped nearly 5% to under $2,300.

The U.S. Federal Reserve is widely expected to cut interest rates at Wednesday's Federal Open Market Committee meeting for the first time since March 2020.

Former Celsius CEO Alex Mashinsky is seeking testimony from six former employees at the defunct centralized crypto lender, including top executives, amid a possible 115-year prison sentence.

Residents of Stokmarknes, a Norwegian town in the north of the country, have been trying to get rid of a local Bitcoin mining facility for three years amid complaints of noise from its air-cooling fans.

DeFi protocol Delta Prime lost $6 million worth of crypto assets after a hacker exploited an admin's compromised private key.

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