The actual hack took place over a month ago and the bad actor has been on the move. The unknown hacker behind June’s exploit against the Ethereum maximal extractable value (MEV) bot jaredfromsubway.eth continues to try to time the market with their ETH moves, but with negative consequences. Using the proceeds they secured from…
The CFTC has warned regulated prediction markets against displaying American-style gambling odds as state authorities intensify efforts to classify sports event contracts as unlicensed betting. Summary The CFTC told regulated prediction markets to avoid American-style odds in product displays. Platforms must comply with derivatives laws and avoid deceptive marketing or solicitation practices. New York is…
The miner’s BTC holdings dropped 29% year over year as the company sold to support liquidity and capital projects. MARA Holdings, the largest publicly traded Bitcoin miner, reported a net loss of over $611 million for the second quarter of 2026, as revenue fell 27%, the company said in a shareholder letter released August…
U.S. authorities sanctioned crypto exchanges Shelbit and Aban Tether after alleging that the platforms helped Iran evade restrictions and move funds connected to the Islamic Revolutionary Guard Corps. Summary OFAC sanctioned Shelbit, Aban Tether and Siavash Kayvanpour over alleged sanctions evasion. IRGC-linked wallets allegedly sent more than $1 million in crypto to Shelbit addresses. Shelbit…
Retail investors are exiting Bitcoin at their fastest pace since December as whales keep accumulating near current prices. Bitcoin whales and sharks are continuing to increase their holdings as the cryptocurrency trades in the $63,000 to $65,000 range, according to the latest data from Santiment. The accumulation trend has strengthened since its previous report…
Bybit has sued North Korea, its intelligence agency and the Lazarus Group in a U.S. federal court as the exchange seeks to recover assets stolen in the record $1.5 billion crypto hack. Summary Bybit filed its case against North Korea, the RGB and Lazarus Group in Washington, D.C. A federal judge issued a preliminary injunction…
PI has surpassed BTC, ETH, XRP, and several other major cryptocurrencies on one interesting front. Many well-known altcoins, including Cardano (ADA), Hyperliquid (HYPE), and Zcash (ZEC), have posted some gains over the last 24 hours, yet Pi Network’s PI has failed to join the party. Despite its renewed slump, though, the crypto community sentiment…
A crypto user claims he lost his life savings after a sponsored Google result impersonating Trezor directed him to a phishing website. Summary David said a sponsored Google result led him to a fake Trezor website. The phishing page was hosted on Google Sites and allegedly requested wallet recovery information. Trezor reported an increase in…
The US Senate has postponed its planned floor vote on the CLARITY Act until September, pushing the digital asset market structure proposal beyond the August recess. Senate Majority Leader John Thune confirmed the delay after Democratic lawmakers withheld procedural support, moving consideration of the crypto legislation further down the calendar. The legislation, H.R. 3633, would…
Bitcoin climbed above $65,000 after the July U.S. jobs report showed an unexpected decline in payrolls, weakening the case for another Federal Reserve rate hike. Summary U.S. nonfarm payrolls fell by 23,000, missing forecasts for an increase of roughly 80,000 to 85,000. Revisions removed a combined 103,000 jobs from May and June payroll figures. Bitcoin…
