🔍Corporate Diversification and Mining Pivots Anchor Market Stagnation

Bitcoin is currently trading at $64,065, experiencing a minor 24-hour decline of -0.36%. This marginal negative movement suggests a phase of short-term price consolidation and market hesitation. Investors appear to be exhibiting cautious behavior, maintaining the asset's price in a tight range below

Cryptos Slip Amidst In-line CPI

Cryptos Slip Amidst In-line CPI

WASHINGTON (dpa-AFX) - Cryptocurrency market capitalization declined mildly in the past 24 hours as markets reacted to the consumer price inflation readings for July from the U.S. that matched market expectations. Positive inflows to U.S.-listed Bitcoin Spot ETF products limited losses. Overall cryp

New York City Launches Sweeping Investigation Into Polymarket and Kalshi — WSJ

New York City Launches Sweeping Investigation Into Polymarket and Kalshi — WSJ

Kevin T. Dugan and Katherine LongThe New York City Council is investigating four prediction markets for alleged deceptive marketing practices and targeting minors, opening a new front in the bitter, state-by-state legal war over prediction-market regulation.City Council Speaker Julie Menin sent lett

Binance, RedotPay clash over fate of Singapore lawsuit

Binance, RedotPay clash over fate of Singapore lawsuit

Binance and RedotPay are disputing whether a Singapore case related to their nearly $473 million Hong Kong legal battle is coming to an end.The stablecoin payments card issuer told Cointelegraph on Tuesday that it expects Binance to discontinue the Singapore proceedings following a hearing on Aug. 7

Ripple Ex-CTO Says Cheating Turns Bitcoin Miners’ ASICs Into Space Heaters

Ripple Ex-CTO Says Cheating Turns Bitcoin Miners’ ASICs Into Space Heaters

David Schwartz, the former chief technology officer at Ripple, says Bitcoin miners who attempt a double spend would hand the network an easy weapon. The community could fork the chain and change the mining algorithm.He posted the argument on Wednesday, answering a user who questioned whether most mi

Harmony Says It Is Working to Freeze Funds After Reported ONE Token Exploit

Harmony Says It Is Working to Freeze Funds After Reported ONE Token Exploit

Harmony reposted a X user Juiceberg post claiming on-chain data showed the protocol had suffered an exploit, with attackers illegally minting about 4 billion ONE tokens through empty blocks, equal to 26% of total supply. According to Foresight News, the post said about 2.8 billion tokens were quickl

Harmony considers rollback after suspected exploit inflates ONE supply

Harmony considers rollback after suspected exploit inflates ONE supply

Harmony is considering rolling back its blockchain after claims that an attacker exploited the network to mint nearly 4 billion ONE tokens, equivalent to about 26% of the token’s supply.On Tuesday, Harmony said it was working with exchanges to stop and freeze funds. The layer-1 blockchain said it wa

Harmony confirms exploit involving unauthorized minting of 4 billion ONE tokens

Harmony confirms exploit involving unauthorized minting of 4 billion ONE tokens

Layer 1 blockchain platform Harmony confirmed on Wednesday that it had been exploited, following a report of an unauthorized minting of its ONE cryptocurrency.Earlier in the day, an X user named Juiceberg reported that an attacker had minted 4 billion ONE (ONE) tokens by using empty blocks. The toke

Harmony Protocol Hack: 4 Billion ONE Tokens Minted, Price Crashes 30%

Harmony Protocol Hack: 4 Billion ONE Tokens Minted, Price Crashes 30%

Harmony Protocol has been hit by a suspected exploit that resulted in the unauthorized minting of about 4 billion ONE tokens, equivalent to roughly 26% of the token’s total supply, according to on-chain analyst Juiceberg.The attack sent ONE down more than 30% as the newly minted tokens were moved th

ASIC Says Yepbit Falsely Blamed Regulator for Frozen Investor Funds

ASIC Says Yepbit Falsely Blamed Regulator for Frozen Investor Funds

ASIC warned investors against Yepbit today (Wednesday) after receiving several reports of blocked withdrawals. The regulator said the purported crypto and futures platform falsely blamed ASIC for freezing customer funds.The warning attaches a name to a tactic the Australian regulator has flagged bef

Bitcoin Falls on Geopolitical Uncertainty, Jitters Ahead of Inflation Data — Market Talk

Bitcoin Falls on Geopolitical Uncertainty, Jitters Ahead of Inflation Data — Market Talk

Bitcoin edges lower as investors exercise caution due to ongoing uncertainty over the Middle East conflict and ahead of U.S. inflation data at 1230 GMT. Iran said the Strait of Hormuz would remain closed unless the U.S. meets its conditions while the U.S. military said its forces fired on a Panama-f

U.S. Inflation Data, Middle East Conflict Could Trigger More Dollar Volatility — Market Talk

U.S. Inflation Data, Middle East Conflict Could Trigger More Dollar Volatility — Market Talk

0751 GMT - The dollar faces more volatility due to U.S. inflation data at 1230 GMT and the ongoing Middle East conflict, Commerzbank's Antje Praefcke says in a note. Should the datacome in lower than anticipated, the market could trim expectations for interest-rate rises which could weaken the dolla

Australian regulator takes down Yepbit websites as investors report blocked withdrawals

Australian regulator takes down Yepbit websites as investors report blocked withdrawals

The Australian Securities and Investments Commission has joined regulators from other jurisdictions in issuing alerts against Yepbit, saying the digital assets and futures trading platform is operating in Australia without the required financial services authorization.In a statement released Wednesd