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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.

Developer says he hacked Atari’s ‘on-chain game’ to prove a point

Kautuk Kundan says he sabotaged the leaderboard of Atari’s Base-developed “on-chain” Asteroids game to prove that crypto games should be verifiable on a blockchain.

OpenAI co-founder leaves for AI rival Anthropic

OpenAI co-founder John Schulman says he's leaving OpenAI to focus more intently on AI alignment and "hands-on technical work" at rival firm Anthropic.

SEC pushes back against Coinbase's 'overly broad' discovery requests

The regulator claims that Coinbase's document discovery requests are overly broad and disproportionate to the needs of the case.

Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M

The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022.

How the Bank of Japan wrecked the yen carry trade — and crypto markets

Why did the crypto market lose 15% of its value in one weekend? Thank the Bank of Japan for playing a starring role.

Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt

Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.

Crypto critics file updated campaign finance complaint against Coinbase

The complainants and Coinbase disagree on whether a government contract to custody seized crypto breaches campaign finance laws or not.

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