Crypto
Memecoins
Dogecoin and Moons secure spaces on Reddit’s “place” canvas; Bitcoin fails to do so
Community members are vying for positions on a gigantic pixel canvas.
Crime
Ransomware group known to use Monero and Bitcoin targets Italian asset manager
The cybercrime group BlackCat tried but largely failed to attack Azimut.
DeFi
Arkham announces $5K bounty payout as Terra-related address are identified
Evidence of a wallet holding 5292 BTC ($154.3 million) has emerged.
Exchanges
First trades at Binance.US involved wash trading, WSJ alleges based on CZ memo
Binance denied wrongdoing as an earlier memo from CEO Changpeng Zhao surfaced.
Legal
FTX planned to buy island of Nauru and build bunker in case of mass human extinction
Current management called FTX members' past activities "misguided" and "dystopian."
Crime
American couple accused of laundering stolen Bitfinex funds arrange plea deal
Heather Morgan and Ilya Lichtenstein first attracted attention after their 2022 arrest.
Deals
$125M CoinDesk deal may be in final stages
The cryptocurrency news site, which is currently owned by Digital Currency Group (DCG), is expected to be partially sold to an investor group.
Regulation
CoinCenter, other advocacy groups condemn CANSEE bill for overreach on DeFi
CoinCenter's executive director Jerry Brito criticized the proposal as "messy, arbitrary, and unconstitutional."
Hacks
North Korean hackers exploited shared cloud service to rob crypto firms
The affected crypto companies remain unidentified.
Earnings
Tesla reports no change to $184M Bitcoin holdings amidst record $25B revenue
Uncertainties around the upcoming third quarter seemingly caused stocks to fall.
AI
Apple developing its own AI chatbot as an internal tool
The tool, called Ajax, relies on the company's own LLM framework and is not broadly available to users.
Adoption
Societe Generale subsidiary receives France’s first crypto services license
Crypto services will be required to have a license from an EU member state in order to operate under the region's MiCA rules starting in January 2025.