Polygon Discord compromise hits Avalanche, ZKsync hours later
The Discord servers of several high-profile blockchain projects were all hit with similar attacks over the weekend — all sharing links to sham token distribution schemes.
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CFTC bags record $17B in 2024 thanks to massive crypto enforcement
The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.”

Arthur Hayes sees sub-$50K BTC price as Bitcoin risks 'stark' trend shift
BTC price targets are increasingly looking for a rematch with last month's lows as Bitcoin chartists highlight formidable resistance levels.

US Education Department promotes putting student records on blockchain
The COVID-19 pandemic has exposed flaws across various sectors. As a result, a number of government departments are evaluating blockchain-based systems as possible solutions for challenges involving multiparty workflows, record-keeping, transparency and more. For example, the United States Department of Education recently provided funding for the launch of the “Education Blockchain Initiative.” Referred to as the…

Crypto Trading App Robinhood Launching in UK Following FCA Approval
A subsidiary of United States-based stock and crypto trading app Robinhood has been approved to operate as a broker in the United Kingdom.Robinhood coming to the UKRobinhood International, a Robinhood subsidiary, has received regulatory approval from major British regulator, the Financial Conduct Authority (FCA), according to a blog post on Aug. 7.The FCA approval will…

Bitcoin price slips under $27K, but data shows BTC whales counter trading DXY strength
As the summer season arrives, an unexpected heatwave is gripping financial markets.This heat is coming in the form of the U.S. Dollar Index (DXY), which has been on a remarkable uptrend since late April, reaching levels unseen since early March’s banking crisis when the dollar wrecking ball wreaked havoc on asset prices.This surge in the…

Ex-Trump chief of staff says crypto election impact will be ‘fascinating’
Mick Mulvaney, who worked under former US President Donald Trump, said the crypto industry had developed “professional operations” for lobbying in DC.

FBI busts $43M crypto and Las Vegas hospitality Ponzi scheme
The FBI arrested a New York resident for defrauding investors of at least $43 million in a multi-year Ponzi scheme that included a Las Vegas hospitality business and crypto trading operation.

LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges
A class action lawsuit has been filed against password management service LastPass following a data breach from Aug. 2022.The class action was filed with the U.S. district court of Massachusetts on Jan. 3, by an unnamed plaintiff known only as “John Doe” and on behalf of others similarly situated.It alleges that the data breach of…