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Multichain's ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis

Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious transactions and internal problems.

Brazil's CBDC pilot contains code that can freeze or reduce funds, dev claims

Pedro Magalhães, a blockchain developer who claims to have reverse-engineered Brazil's pilot CBDC has found code that would allow accounts to be frozen or drained at will.

China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia Express

China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again.

Arkham on-chain ‘Intel Exchange’ labeled ‘snitch-to-earn’ by Crypto Twitter

Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded.

Connext founder proposes 'Sovereign Bridged Token' standard after Multichain incident

EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks.

48% fewer new crypto coders last year - developer report

Newcomers account for the highest percentage of developers that have left the industry over the past 12 months.

XRP grows strong in Q2 despite SEC lawsuit concerns, Messari report

The XRPL saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared to the same period last year.

Multichain attack triggers Twitter phishing scheme for FTM distribution

A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it is associated with Fantom Foundation.

BlackRock bullish on Bitcoin, Gemini CEO’s ‘delusion,’ and CEXs’ unhappy staff: Hodler’s Digest, July 2-8

BlackRock’s PR campaign for a Bitcoin ETF, Gemini’s fight with DCG over Earn program funds, and CEX employees’ sentiment.

Circle, Tether freezes over $65M in assets transferred from Multichain

Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6.

What is The Graph, and how does it work?

The Graph is an indexing protocol for Web3 applications that organizes blockchain data to make it easily accessible with GraphQL..

Ripple Labs to revolutionize real estate industry through tokenization

This innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform.

Open-source advocates launch OP Stack testnet to fund public goods

The Public Goods Network from Gitcoin promises to redirect most net sequencer fees into public goods, instead of giving them to token holders or developers.

BIS develops framework against CBDC cyberattacks

The institution cited rising exploits against DeFi as a need for more secure CBDCs.

$30B stolen from crypto ecosystem since 2012: Report

The stolen mount represents nearly 3% of the current market cap of listed cryptocurrencies.

AI has potential to send Bitcoin price over $750K — Arthur Hayes

The coming years will be explosive for AI, and even more so for Bitcoin, says the former BitMEX CEO.

Why Coin Stories’ Natalie Brunell doesn’t want a Bitcoin ATH anytime soon: Hall of Flame

Coin Stories host Natalie Brunell explains why she doesn’t want her own prediction of a new Bitcoin ATH within two years to come true.

Shibarium could go live in August — Developer

The Shiba Inu ecosystem’s world paper, as well as new Shiba Inu projects and detailed information about the Treat token, will be presented at a Toronto conference next month, Shytoshi Kusama says.

Nigerian crypto tax move is ‘premature’ – local stakeholders

Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures.

Bitcoin Ordinals volume hits $210M in Q2 - DappRadar

The advent of Bitcoin Ordinals NFT inscriptions led to more $210 million in trading volume through the first half of 2023.

Vitalik Buterin says Ordinals have revived ‘builder culture’ on Bitcoin

The Ethereum co-founder said new developments on Bitcoin provide "good" pushback against “laser-eye” maximalists.

Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit

Some Multichain contracts on Ethereum suffered withdrawals of more than half of their deposits, causing on-chain sleuths to fear an exploit is underway.

Scientists created a crypto portfolio management AI trained with on-chain data

According to the researchers, CryptoRLPM is the first reinforcement learning-based AI system using on-chain metrics for portfolio management.

Buckle up, Reddit: Closed APIs cost more than you’d expect

Open APIs are vital for healthy communities on social platforms. With Web2 companies beginning to reject that principle, Web3 could be poised to supplant them.

DeSo offers $1M bounty for building decentralized Reddit

Developers pointed out the "monopolization of content and data" in centralized social media platforms as a need to create a decentralized alternative.

Is Web3 messaging going to replace WhatsApp and iMessage? Co-founder of XMTP explains

The co-founder of XMTP, Shane Mac, is optimistic that Web3 messaging will play a critical role in bringing the masses to the industry.

What is the ZK industry up to? Rollups, multichain bridges and VCs

As an emerging technology, how can zero-knowledge proofs remedy many issues across the crypto space?

Animoca still bullish on blockchain games, awaits license for metaverse fund

Animoca Brands co-founder Yat Siu expects a number of its blockchain gaming investments to come to market by the end of 2023.

Crypto’s Indiana Jones? Coinbase exec helps recover $322K worth of once-lost crypto

Conor Grogan tracked down $322,000 worth of dormant ETC and returned it to its owner, who was unaware the money ever existed.

Bitcoin miners raked up $184M in fees in Q2, surpassing all of 2022

It's been one of the most lucrative quarters for those that profit from Bitcoin transaction fees in nearly two years.

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