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Portal introduces ‘PortalPay’ interoperability for blockchain gaming

Portal aims to become the “Stripe of crypto” by lowering common barriers to entry for players eyeing blockchain video games.

Stop piling into leveraged Bitcoin ETFs and consider this instead

Leveraged Bitcoin ETFs are popular, but they often massively underperform the alternatives for crypto futures trading.

Coinbase launches unified onchain monitoring through new wallet app

Coinbase’s new wallet app will allow users to connect any self-custodial wallet for an aggregated view of assets.

House fails to override Biden’s veto on nullifying SEC crypto rule

Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.

How GoMining is revolutionizing Bitcoin mining through NFTs

How can retail investors profit from Bitcoin mining after the halving slashed profit margins?

Ethereum ETF inflows could hit $10B, sending ETH to new highs — Analyst

Expect ETH’s spot price to be more responsive to ETF inflows than BTC’s, says crypto investment manager Tom Dunleavy.

SEC will not pursue enforcement action against Paxos

The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.

Bitcoin price CPI gains last just 1 hour as Mt. Gox sell-off fears linger

A clutch CPI print fails to buoy heavy crypto markets for long, with Bitcoin gaining then losing $1,000 within an hour.

How law enforcement struggles with sophisticated crypto laundering

Advanced crypto laundering techniques continue to challenge law enforcement and crypto-related services, as highlighted in a new Chainalysis report on money laundering.

Supreme Court ruling ‘changes the game’ for US crypto firms

The high court’s decision further bolsters the argument “that Congress, not an agency, should decide if — and how — to regulate Web3.”

Decade after Ethereum ICO: Blockchain forensics end double-spending debate

Magazine and Gray Wolf’s investigation concluded that Bitcoin was not double spent in Ethereum’s 2014 ICO, but illicit actors may have laundered their dirty crypto.

MicroStrategy plans 10-for-1 stock split to boost accessibility

MicroStrategy announces 10-for-1 stock split to enhance stock accessibility for investors and employees.

Crypto voters are bipartisan in desire to update the system — Coinbase

According to a new Coinbase study, crypto voters are diverse, enthusiastic and poised to impact key battleground states in the upcoming US presidential election.

Bitget reports $700M capital inflow in Q2, adds 2.9M users

The exchange reported that its BTC, USDT and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.

Binance finalizes sale of majority stake in Gopax: Report

Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources.

Bitcoin speculators hodl 2.8M BTC in ‘worst performing’ price cycle

Bitcoin unrealized losses mount, but unlike previous market cycles, BTC hodlers underwater are keeping a lid on their emotions.

UK regulator alerts public to fake solicitor Bitcoin scam

Email scams requesting cryptocurrency have been gaining popularity among criminals around the world.

Compound Finance site potentially breached — ZachXBT

Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked and may be redirecting visitors to a phishing site.

BitMEX expects ‘no further fines’ for ‘old’ AML violation in US

BitMEX addresses the DOJ’s BSA charge as a past issue, highlighting their compliance improvements and founders’ prior penalties.

OpenAI partners with lab that created the atomic bomb, but for bioscience

OpenAI is partnering with Los Alamos National Laboratory, which conducts research in fields including national security, space exploration, renewable energy and medicine.

Terraform Labs to sell 4 companies as part of wind-down

The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.

Inferno Drainer fails attempt to launder ETH — ‘not welcome’ in Railgun

Notorious wallet-draining group Inferno Drainer tried to pass $530,000 worth of stolen ETH through Railgun but discovered pretty soon after that it couldn’t.

Marathon site manager ducks Texas noise charges amid resident complaints

David Fischer, manager of a Texas site for Marathon Digital, was acquitted on charges alleging the site violated local noise ordinances.

Asia, Africa see rise in share of crypto startups this year, says accelerator

Researchers compiling the data believe the changes were due to regulatory uncertainties in the US and increased crypto adoption in emerging markets.

CFTC Chair reiterates BTC and ETH are commodities in testimony

Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors.

Bear or bull: Survey reveals 49% are bullish about crypto right now

A recent CoinGecko survey of 2,500 respondents shows that just under half are currently bullish about crypto, and a quarter haven’t worked out whether it’ll make a move at all.

Crypto miners stole $723M of electricity in Malaysia since 2018: Report

Malaysia’s Deputy Minister of Energy Transition and Water Transformation revealed the number during an event where they disposed of over 2,000 machines seized in an operation.

Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits

83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022.

BitMEX pleads guilty to Bank Secrecy Act violation

BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation.

Intuit lays off 10% of staff to focus on AI

About 1,800 people were laid off, but the company plans on hiring about the same number of replacements.

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