๐ง๐ท Brazilian police dismantled an illegal mining farm, confiscating 15 ASIC miners and 3 servers worth over $39,400. The equipment was illegally connected to the power grid, causing the local energy company monthly losses of $11,800
#mining #crypto #blockchain
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๐ Ai Yi: A LAB insider address transferred 5.8 million tokens (~$834,000) to the KuCoin exchange, after which the asset's price dropped by 11.5%. Currently, this entity still holds 74.7 million LAB worth about $10.11 million
#KCS #crypto #blockchain
๐ฐ๐ท South Korean stablecoins have seen a net outflow of funds to foreign trading platforms for 18 consecutive months, with withdrawals in June amounting to 77.6% of the net purchases of foreign stocks
#crypto #blockchain #news
โด๏ธ Michael Saylor: the Bitcoin monetization plan was announced on June 29, 31 days before the publication of the second quarter financial report. The MicroStrategy founder emphasized that the company does not adhere to a "never sell" policy, but in the long term it plans to remain a net buyer of the asset
#BTC #crypto #blockchain
๐ฎ๐ท Reuters: Iran-linked crypto exchange transferred $676 million to Binance in possible sanctions evasion operation
#BNB #crypto #blockchain
๐ BNB Chain initiates legal proceedings against former employee for launching a memecoin using a training wallet
#BNB #memecoins #crypto
โด๏ธ CoinDesk: SEC will reconsider the decision to approve Bitcoin options for the Nasdaq exchange after objections from CME
#BTC #crypto #blockchain
๐ Yujin: HYPE price has decreased by 28% over the past month to $52 amid massive sales of the asset by institutional investors. The liquidation of a large whale's long position of 1.38 million HYPE (~$72.15 million) could occur upon reaching the price of $47.6, which is about 9% of the current rate
#HYPE #crypto #blockchain
๐ Michael Saylor: The level of BIP-110 support is only 2.54%, with all signals coming exclusively from OCEAN pool miners, which prevents consensus from being reached
#mining #crypto #blockchain
๐ค CoinDesk: Solana Foundation Chief Information Security Officer warned that the use of artificial intelligence is making fraudulent schemes in the crypto sphere more convincing
#SOL #ai #crypto
โด๏ธ CryptoQuant: analyst Darkfost notes that Bitcoin remains within a downward channel, and the targets for the current correction according to Elliott Wave theory are at the $54,000โ$57,000 marks
#BTC #crypto #blockchain
โด๏ธ Analyst Murphy: The current concentration of Bitcoin holders at the $62,000 and $63,000 levels (a total of about 1.6 million BTC) resembles the situation before the FTX exchange crash in 2022. A high density of coins within a narrow price range increases market sensitivity to fluctuations and can lead to sharp price movements
#BTC #FTT #crypto
๐ DeFi Kingdoms: The DFK Chain blockchain, based on the Avalanche subnet, will cease operations on August 28. The project team will ensure the secure migration of user assets to the Avalanche C-Chain network and will open the SDK to third-party developers
#AVAX #crypto #blockchain
๐ธ๐ฌ Singaporean unified AI model API platform CloudSome has raised $3.6 million in a seed funding round. The capital raised will be used to strengthen infrastructure and expand access to leading AI models for developers and businesses
#ai #venture #crypto
๐ฒ CoinDesk: XRP Ledger update brings back features previously removed due to critical bugs
#XRP #crypto #blockchain
โด๏ธ Morgan Stanley increased its Bitcoin holdings by 114 BTC, bringing the total assets under the bank's management to over 6200 BTC
#BTC #crypto #blockchain
๐ผ Perceptron Network, a decentralized AI data network, has raised $6.5 million in a strategic funding round with participation from P2 Ventures, QCP Capital, and other funds. The raised funds will be used to launch the data exploration platform
#TRX #venture #crypto
โด๏ธ Bitdeer: Bitcoin production for the week ending July 31st was 271.3 BTC. The mining company sold all 271.3 BTC mined during the same period, maintaining a zero balance of held Bitcoin assets
#BTC #mining #crypto
๐ Launchpad Pons announced the launch of the second version of the protocol on the Robinhood Chain network. Earlier, Pons overtook NOXA, becoming the blockchain leader in the number of active addresses
#HOOD #crypto #blockchain
๐ The launch of Sushi Launch took place โ a platform for token issuance on the Robinhood Chain. Users gained the ability to create assets in pairs with tokenized stocks, with a trading market based on Sushi V3 instantly opening for each new token
#SUSHI #HOOD #rwa