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๐Ÿ‡ง๐Ÿ‡ท 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
๐Ÿ†• 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
๐Ÿ‡ฐ๐Ÿ‡ท 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
โœด๏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
๐Ÿ‡ฎ๐Ÿ‡ท Reuters: Iran-linked crypto exchange transferred $676 million to Binance in possible sanctions evasion operation #BNB #crypto #blockchain
๐Ÿ†• BNB Chain initiates legal proceedings against former employee for launching a memecoin using a training wallet #BNB #memecoins #crypto
โœด๏ธ CoinDesk: SEC will reconsider the decision to approve Bitcoin options for the Nasdaq exchange after objections from CME #BTC #crypto #blockchain
๐Ÿ†• 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
๐Ÿ†• 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
๐Ÿค– 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
โœด๏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
โœด๏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
๐Ÿ†• 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
๐Ÿ‡ธ๐Ÿ‡ฌ 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
๐Ÿ’ฒ CoinDesk: XRP Ledger update brings back features previously removed due to critical bugs #XRP #crypto #blockchain
โœด๏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
๐Ÿ’ผ 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
โœด๏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
๐Ÿ†• 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
๐Ÿ†• 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
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