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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.

Ethereum price data points to impending rally above $3.4K

Three key Ethereum price metrics suggest ETH is primed for a rally above $3,400.

Crypto payment service Payeer hit with record $10M fine in Lithuania

Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.

US lawmakers meet with crypto advocates in DC roundtable

Anita Dunn, a senior adviser to Joe Biden, attended the roundtable in her personal capacity amid reports the US president was considering changing his position on crypto.

3AC wallet buys NFT with 3-year-old offer, zkSync denies insider minting claims: Nifty Newsletter

A wallet owned by the bankrupt hedge fund Three Arrows Capital purchased an NFT via a three-year-old offer.

Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying

Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction.

Goldman Sachs to launch 3 new tokenization products this year: Report

The products could include an RWA marketplace and will focus on the United States and Europe.

Price analysis 7/10: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin’s recovery faces selling near $60,000, indicating that bears remain active at higher price levels.

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