Trading
Hacks
Hackers promote crypto on British Army Twitter and YouTube pages
The Army has said it is going to conduct a full investigation into the hack.
Adoption
Public companies holding Bitcoin face impairment losses amid market crash
With over $1 trillion wiped off the crypto market this year, public companies holding Bitcoin could be reporting significant impairment losses for Q2.
DAOs
Wonderland community votes to buy $25M of ex-treasury manager tokens
Sifu was the second-largest voter on the proposal he submitted to buy the tokens he is developing.
Payments
Meta to end Novi crypto program by September 1
Novi users will no longer be able to make make deposits into their accounts from July 21.
Analysis
Bitcoin experiences worst month in history as over $400B is wiped off crypto market in June
Crypto stakeholders are blaming the Fed's increase in interest rates for the crash of the crypto market.
Crime
US DOJ indicts 6 individuals over crypto fraud schemes that generated over $135 million
The accused and his conspirators allegedly decided to rug pull the project and disappear with the money by laundering the crypto assets.
Lending
BnkToTheFuture proposes 3 methods to solve Celsius Network’s liquidity issues
Simon Dixon had earlier mentioned that a traditional solution might not be the solution for Celsius, advising the firm to explore other options.
Regulation
Bitcoin crashes under $20K as SEC rejects Grayscale spot ETF application
The SEC has rejected Grayscale and Bitwise applications citing the need to protect investors and public interest and prevent fraudulent and manipulative practices.
Exchanges
CoinFlex backtracks on resuming withdrawals
Mark Lamb revealed that the exchange is currently in talks with several investment funds to buy its new Recovery Value USD (rvUSD) token.
Hacks
North Korea’s Lazarus Group linked to $100M Harmony exploit
Elliptics says the strategies employed for the Harmony exploit are consistent with the ones used for the Ronin Bridge exploit a few months ago.
Mining
Bitcoin miners are facing harsher conditions despite easier mining difficulty
JP Morgan strategists say Bitcoin miners current sell-off is placing pressure on the price of the flagship digital asset.
Crime
North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash
Chainalysis says North Korea’s unlaundered crypto holdings have dropped to $65 million due to the recent crypto market crash.
