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Core Scientific shares climb 12% after CoreWeave expands GPU hosting deal

Core Scientific will add 112 megawatts for CoreWeave’s GPUs and projects $2 billion in additional revenue from the 12-year hosting agreement.

Clicker games to fade post-airdrop, Is Hamster Kombat any good? Web3 Gamer

Gamers will get bored with clicker games once the tokens drop, Hamster Kombat review, Web3 gaming to pay better than Uber: Web3 Gamer.

Markets blow up, so ‘the best prep is to have a plan to buy fear and sell euphoria’ — Veteran trader

Pear Protocol founder HUF says “a limited pool of capital constantly rotating between narratives” is a clear sign of “late cycle behavior.”

Japanese firm Metaplanet to invest $58.76M in Bitcoin

Metaplanet Inc. allocates 8.5 billion yen for Bitcoin, enhancing its crypto treasury amid Japan’s market volatility.

Kamala Harris chooses Minnesota Gov. Walz as US presidential running mate

Minnesota Governor Tim Walz has previously advocated for more stringent crypto regulations to ensure the stability of the legacy financial system.

Transak becomes first US crypto on-ramp to enable wire transfers

Wire transfers in the world’s largest economy could attract more high-net-worth individuals to crypto.

Coffeezilla says ‘groundless’ Logan Paul lawsuit aims to ‘crush new investigations’

Coffeezilla believes the lawsuit aims to “crush new investigations while taking revenge for the old ones.”

Ronin Network exploited for $9.8M in ETH, white hat hacker suspected

If the exploit occurred due to a white hat hacker, the funds could soon be returned to the blockchain.

Euro stablecoin market surges under MiCA

French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws came into force.

Robinhood suspends 24-hour trades for 8 hours

Robinhood’s 24-hour execution venue, Blue Ocean ATS, has its own risk controls to prevent stocks from trading more than 20%.

Ethical hackers share tips on how to protect your crypto

Ethical hackers said that scammers using a fake site called Meetly.gg have rebranded it into Meeten.gg and are preparing to strike again.

Bitcoin speculators realize $850M losses in sub-$50K BTC price dump

Bitcoin short-term holders sell BTC at a loss to an extent rarely seen in history — but “diamond hands” contribute just $600,000.

$510B crypto sell-off wipes 2024 gains for top 50 coins

Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.

Ethereum’s quick rebound positions ETH price for 100% rally

The Ether price is mirroring a fractal pattern from October 2023 that preceded a 178% price rally.

India demands $86M from Binance in unpaid GST taxes

Binance faces a demand for nearly $86 million in unpaid GST from Indian authorities, aiming to resume operations after a previous ban.

Bitcoin trading volume recorded post-halving ATH as crypto market bled

Bitcoin trading volumes reached unprecedented levels amid the market turmoil, while crypto hackers capitalized on discounted Ether.

Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K

ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 93,797 shares of the crypto exchange for $17.8 million.

Martin Shkreli-led Trump memecoin DJT plummets 95%

Roger Stone, a close aide to Trump, previously denied any involvement of the former president or his son with the TrumpCoin memecoin.

UK body proposes property category for crypto assets, SEC sued over status of NFTs: Law Decoded

The Law Commission’s final report urges the UK government to reclassify crypto assets, addressing current legal gaps.

Vitalik Buterin unveils plan to solve cross-chain L2 interoperability

“I think people will be surprised by how quickly ‘cross-L2 interoperability problems’ stop being problems,” said the Ethereum co-founder.

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