LEGO removes crypto scam from homepage after being hacked: Report
The “LEGO Coin” token appeared on the toy manufacturer’s homepage for roughly 75 minutes before being taken down, onlookers said.
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Polkadot incentivizes its community to fight scams through an “anti-scam bounty”
Polkadot said it rewards community members in a consistent manner with bounties paid in USDC. 499 Total views 2 Total shares Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight scams. According to the company, relying on security-minded individuals within its community to fight scams has proven to be…

Celsius chooses NovaWulf’s bid to exit from bankruptcy
Bankrupt crypto lender Celsius Network has chosen NovaWulf Digital Management as the sponsor for its proposed Chapter 11 restructuring plan which will see the investment advisory firm take over the operations of a new company, and most customers estimated to recover up to 70% of their funds.Celsius presented the plan on Feb. 15 in a…

Trade war puts Bitcoin’s status as safe-haven asset in doubt
Several years back, many in the crypto community described Bitcoin as a “safe-haven” asset. Fewer are calling it that today. A safe-haven asset maintains or increases in value in times of economic stress. It can be a government bond, a currency like the US dollar, a commodity like gold, or even a blue-chip stock. A

SEC requests final S-1 submissions for Ether ETF launch
According to Bloomberg analyst Eric Balchunas, the SEC has directed issuers to submit their final S-1 filings by July 16, with the aim of launching the new Ether funds on July 23.

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill
Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender. The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. The draft of the federal…

$1M bug bounty for Solana Firedancer client goes live this week
Firedancer is a highly anticipated new validator client for the Solana blockchain and its creator is calling on devs to look high and low for any critical bugs.

Twitter lawyers up to force through Musk deal. Will it work?
Social media platform Twitter is reportedly looking to file a lawsuit as early as this week against Telsa CEO Elon Musk after he announced his intention to pull out of the $44 billion deal to acquire the social media giant on July 8. Bloomberg reported on July 10 that the company has hired corporate law firm…

Blockchain.com names custody partner for its institutional offering
Recently launched BCAM will provide an institutional-grade custody and settlement platform for digital assets. 307 Total views 9 Total shares Blockchain.com, a cryptocurrency exchange and financial services firm, has named Standard Custody & Trust Company as the custodian for Blockchain.com and Altis Partner's new institutional platform, Blockchain.com Asset Management (BCAM).On April 6, Blockchain.com introduced a…