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Ronin ‘white hat’ attacker returns $10M in ETH after apparent accidental front-run

The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty.

Data points to Ethereum price making a short-term rally to the $3.2K level

ETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning.

Bitcoin bull-bear market cycle signals potential bear market — Analyst

Bitcoin fell to a low of approximately $49,000 following market turmoil brought on by the Bank of Japan’s rate hike and the Federal Reserve’s inaction.

Industry responds to Kamala Harris’ VP pick despite no clear crypto platform

Crypto users recognized that Minnesota Governor Tim Walz was a relative unknown on crypto policy, but many expressed concerns about his general approach to regulation.

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.

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.

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