Varyante
Triple-A confirms treasury-wallet breach after losses reach $11.8M
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/password-fraud-hacker-scam3-2.jpg" alt="Triple-A confirms treasury-wallet breach after losses reach $11.8M " class="type:primaryImage"></p><p>The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.</p>
BitMart withdrawals appear to slow following wind-down announcement
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-bancor-excludes-users-1.jpg" alt="BitMart withdrawals appear to slow following wind-down announcement" class="type:primaryImage"></p><p>Users reported withdrawal delays and freeze notices as wallets attributed to BitMart fell to about $69 million and its BMX token extended an 81.5% weekly decline.</p>
Garden Finance disables app as Blockaid reports $450,000 exploit
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-bithumb-hack-what-is-known.jpg" alt="Garden Finance disables app as Blockaid reports $450,000 exploit" class="type:primaryImage"></p><p>Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s off-chain database and inserted fraudulent swap records.</p>
Storj files for bankruptcy, explores equity path for tokenholders
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/data-storage-system-2.jpg" alt="Storj files for bankruptcy, explores equity path for tokenholders " class="type:primaryImage"></p><p>The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a court-approved ownership mechanism for STORJ holders.</p>
CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/25-july.jpg" alt="CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26" class="type:primaryImage"></p><p>Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players. </p>
WEMIX says attacker moved about $724,000 after contract breach
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-company-hits-vulnerability.png" alt="WEMIX says attacker moved about $724,000 after contract breach " class="type:primaryImage"></p><p>WEMIX suspended bridges, liquidity-pool trading and several services after an attacker compromised a WEMIX$-linked contract and moved 724,198 USDC.e.</p>
Oil prices sink, stock futures rally as U.S. and Iran pause attacks, Wall Street awaits busy week
U.S. stock-index futures rallied and oil prices tumbled on Sunday as the U.S. and Iran took a pause from fighting, and as Wall Street gears up for the Fed’s meeting and key earnings reports from Big Tech companies.
There’s a technical ‘triple threat’ for stocks, but also places investors can hide
Treasury yields and oil prices surged, and the dollar confirmed the breakout toward a longer-term uptrend, to push the S&P 500 below key chart support.
CFTC issues second warning to prediction markets on cookie-cutter self-certifications
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-prediction-market-cftc-rule.png" alt="CFTC issues second warning to prediction markets on cookie-cutter self-certifications" class="type:primaryImage"></p><p>For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts.</p>
Russia’s Sberbank to launch crypto trading infrastructure this year
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/russia-bitcoin.png" alt="Russia’s Sberbank to launch crypto trading infrastructure this year" class="type:primaryImage"></p><p>Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while allowing crypto assets to be used in foreign trade operations.</p>
The S&P 500’s earnings growth has gone bonkers thanks to one company
Markets are gearing up for the busiest week of second-quarter earnings season.
Bitcoin OG selling eases as dormant BTC movement hits 4-year low: Galaxy
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-who-is-the-whale-from-2017.jpg" alt="Bitcoin OG selling eases as dormant BTC movement hits 4-year low: Galaxy" class="type:primaryImage"></p><p>Dormant BTC activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking.</p>
The Treasury market is sending Fed Chair Kevin Warsh a clear warning about rates
Rising Treasury yields show how “enormously worried” the market is about inflation — and whether the Fed will back up its tough talk with action
South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-crypto-negotiation-south-korea.jpg" alt="South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys" class="type:primaryImage"></p><p>South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries.</p>
BitMart to wind down exchange, end trading by Aug. 26
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/closed-exchange.jpg" alt="BitMart to wind down exchange, end trading by Aug. 26" class="type:primaryImage"></p><p>Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January.</p>
Binance ‘red teams’ its own staff every month to keep hackers out
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/phishing.jpg" alt="Binance ‘red teams’ its own staff every month to keep hackers out" class="type:primaryImage"></p><p>Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches. </p>
‘Time will tell whether that was a good bet’: My adviser got me a full SpaceX IPO allocation. Was I lucky?
“Investors frequently receive only a small fraction of the shares they request — if they receive any at all.”
Robinhood in talks with Crypto.com over prediction markets: WSJ
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-when-prediction-markets-go-wrong-who-decides-what-counts-as-the-truth.jpg" alt="Robinhood in talks with Crypto.com over prediction markets: WSJ" class="type:primaryImage"></p><p>While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services.</p>
College kids are moving into retirement communities for reasons beyond ‘cheap rent’
Students are forging intergenerational bonds while planning game nights and teaching gym classes, but “by 7:30 or 8, things get pretty quiet here.”
Bitcoin advocacy group to join US State Department’s ‘digital freedom’ program
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/bitcoin-state-department.png" alt="Bitcoin advocacy group to join US State Department’s ‘digital freedom’ program" class="type:primaryImage"></p><p>The Bitcoin Policy Institute and three partner organizations will be able to send employees to work alongside State Department officials to address issues including digital freedom.</p>