What has happened in the last 8 hours ? show me all important news make sure to only pick up stuff which is relevant and not spam

In the last 8 hours, several important news articles have emerged across different categories. In the cryptocurrency space, Bitcoin experienced a significant drop below $59,000 due to fears of sell pressure from Mt. Gox repayments and possible miner sales. Additionally, a Kamala Harris-themed memecoin surged 250% amid calls for Biden to bow out, and a judge labeled two obscure altcoins as commodities in a $120M Ponzi case. In the technology sector, FriendTech emphasized community control of its native token, and Canada enacted a digital-services tax despite US retaliation threats. In finance, DWF Labs launched a $20M fund for Web3 projects in China, and Mt. Gox's bankruptcy redemptions were reported to be bearish for Bitcoin Cash, not Bitcoin. These developments reflect the dynamic and evolving nature of the cryptocurrency, technology, and finance industries.

The cryptocurrency market has been particularly active, with significant price movements in Bitcoin and the emergence of new memecoins. Additionally, regulatory developments in the technology and finance sectors, such as the implementation of digital-services tax and the launch of a fund for Web3 projects, indicate the ongoing evolution and adaptation of these industries. The impact of Mt. Gox's bankruptcy redemptions on the cryptocurrency market, as well as the surge in memecoin values, highlight the influence of regulatory and market dynamics on digital assets. Overall, these developments underscore the importance of staying informed about the latest news and trends in the cryptocurrency, technology, and finance sectors.