CoinStats exploiter moves almost $1M to Tornado Cash
CoinStats said in a July 5 update that it’s still investigating the incident and is taking action to secure its new infrastructure.
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US energy company opens crypto mining facility in Middle East to use stranded natural gas
Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022. 540 Total views 39 Total shares As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry,…

Treasury to the rescue? Officials to clarify crypto tax reporting rules in infrastructure bill: report
Speaking on condition of anonymity, an official has reportedly told Bloomberg that the Treasury Department is planning to clarify the definition of “broker” in the recently passed infrastructure bill. 40 Total views 1 Total shares The United States Treasury Department is reportedly seeking to clarify the definition of brokers in the bipartisan infrastructure bill passed…

JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump
JPMorgan strategists say that interest in the newly launching BITO Bitcoin ETF could cool after a week or so. 3152 Total views 35 Total shares Bitcoin (BTC) broke its all-time high price level following the launch of ProShares’ Bitcoin Strategy exchange-traded fund (ETF), BITO, on Tuesday, but JPMorgan Chase strategists believe the key driver behind…

Ripple Co-Founder Gives $25 Million Donation in XRP to San Francisco University
Chris Larsen, co-founder of San Francisco-based technology company Ripple, and his wife Lyna Lam have donated $25 million in XRP to a university in California, according to an official announcement on April 5.Larsen and Lam contributed $25 million worth of XRP tokens to San Francisco State University’s (SFSU) College of Business through RippleWorks, a private…

Formula One files ‘F1’ trademarks covering crypto, NFTs and Metaverse
The racing competition has plans to set up an online marketplace for cryptocurrency, meta tokens, digital collectibles, crypto-collectibles and NFTs. 324 Total views 40 Total shares

Losses from crypto hacks plunge 67% in April to $60 million
The amount stolen through crypto hacks, along with the number of successful attacks, has seen a sharp decline in April.

Ross Ulbricht-tied crypto wallets lose $12M in memecoin misstep: Arkham
Wallets tied to recently freed Silk Road creator Ross Ulbricht listed tokens at the wrong price, which were then snapped up by a bot.

Cointelegraph Consulting: How the US election may impact Bitcoin price
Analysis of past elections on other assets tell a positive story for Bitcoin, with holders already sitting in profit. With Joe Biden poised to be the next president of the United States, Cointelegraph Consulting reflects on how traditional assets have responded to the election of a democratic candidate. Historically, democrats have been bullish for gold,…