? Malicious Chrome Extension “Bull Checker” Drains $SOL DeFi Tokens! Jupiter Exchange reveals “Bull Checker” steals tokens from Solana users by appearing legitimate but transferring assets to a malicious wallet. Users urged to review browser extension permissions for security. #crypto #Solana #DeFi
AI arbitrage is transforming Bitcoin mining, says VanEck. $BTC miners can meet AI’s energy needs quickly, unlike new data centers. Core Scientific’s 12-year deal with CoreWeave highlights huge AI/HPC opportunities. Valuation gaps persist between mining and data center stocks.
Judge denies SEC’s expedited motion against $TRX. The case challenges SEC’s jurisdiction and interpretation of the Howey Test, citing most transactions were international. This ruling could influence future SEC actions in the global crypto market.
Shytoshi Kusama reaffirms anonymity, echoing $SHIB founder Ryoshi’s principles. The Shiba Inu community supports this stance, emphasizing project focus. Kusama humorously addresses Dogecoin’s Web3 gaming, highlighting $SHIB’s own “Shiba Eternity.” Launch of ShibTorch reduces token supply.
VanEck’s Matthew Sigel asserts $SOL is a commodity like $BTC and $ETH. Solana’s network decentralization advances, and the Firedancer client aims to prevent single-entity control. This perspective may boost Solana ETF prospects amid evolving regulations.
Tether integrates $USDT with the Aptos blockchain, aiming to slash transaction fees and boost efficiency. This move follows USDT’s support on the TON network, potentially revolutionizing the stablecoin market by making transactions faster and more cost-effective. #CryptoNews
VanEck’s Matthew Sigel predicts the $COIN vs. SEC lawsuit will settle as top SEC officials move to private practice, like David Hirsh joining McGuireWoods. This shift could accelerate clearer crypto regulations with key pro-crypto bills in Congress.
Drift launches BET on the Solana blockchain, allowing users to stake over 30 cryptocurrencies like $USDC and $SOL while earning yield. BET features “structured bets” for hedging predictions and a rewards system called FUEL. #crypto #Solana
Crypto adoption surged 6.4% in H1’24, with Bitcoin ($BTC) and Ethereum ($ETH) leading. Bitcoin ownership hit 314M, boosted by spot ETFs and the fourth halving, while Ethereum saw a 9.7% rise to 136M, driven by the Dencun upgrade.
Suisse Gold now accepts $XRP, $BTC, $ETH, and other cryptocurrencies for gold, silver, and platinum purchases. Prices adjust in real-time, reflecting market volatility. This move enhances payment flexibility and signals increased integration of digital assets in traditional investments.
Malaysian police arrest seven for Bitcoin mining power theft, confiscating 52 devices worth $57K. Authorities report $777M in stolen electricity over five years, underscoring the need for stricter regulations. Regional trend mirrors incidents in Indonesia.
Ex-SEC Crypto Chief David Hirsch joins McGuireWoods as partner, boosting their securities enforcement and regulatory counseling in D.C. Hirsch’s extensive experience in crypto asset registration and cybersecurity enforcement strengthens the firm’s capabilities in navigating complex cryptocurrency regulations. #Regulation #Crypto
KIP Protocol raises $5M led by @animocabrands and Tribe Capital, totaling $10M in funding. Aims to decentralize AI in Web3, empowering developers with data ownership. Strategic partners include @googlecloud, Open Campus, and OKX Wallet. #AI #Blockchain #Web3
China tightens anti-money laundering laws, classifying cryptocurrency transactions as money laundering methods. New guidelines from the Supreme People’s Court and Procuratorate take effect August 20, 2024, amid a 28.4% rise in money laundering prosecutions in early 2024.
