Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead

July 18, 2024 Bitcoin.com

Skybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his tenure as Communications Director was notably short-lived, lasting only 11 days, due to his controversial remarks and conflicts within the administration. […]

EigenLayer says .7M hack ‘isolated’ incident, no vulnerability on protocol

EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

Man Pleads Guilty in Meijer Loyalty Program Fraud Case, Forfeits Crypto

July 17, 2024 Bitcoin.com

bitcoin.com

Nicholas Mui, 22, from Grand Haven, Michigan, has pleaded guilty in the 17th Circuit Court in Kent County to conducting a criminal enterprise, involving the theft and sale of Mperks account access information. Mui is required to forfeit his computer tower and approximately $630,000 in frozen cryptocurrency and cash. He compromised Mperks, a loyalty program […]

EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

Crypto Market Cap Drops 14.4% in Q2 2024, Report Shows

July 17, 2024 Bitcoin.com

Bitcoin

The total crypto market cap decreased by 14.4% in the second quarter this year, ending at $2.43 trillion, while the S&P 500 increased by 3.9%, according to the 2024 Q2 Crypto Industry Report by Coingecko. Bitcoin’s price fell by 11.9%, ranging from $58,000 to $72,000, with its mining hash rate dropping 18.8% after reaching an […]

EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

Ripple Donates $1 Million to New Super PAC Seeking to Unseat Senator Elizabeth Warren

July 17, 2024 Bitcoin.com

Ripple Donates Million to New Super PAC Seeking to Unseat Senator Elizabeth Warren

bitcoin.com

Ripple Labs has donated $1 million to the Commonwealth Unity Fund, a new super PAC established by pro-crypto attorney James Murphy, aiming to unseat Senator Elizabeth Warren with John Deaton in the Massachusetts Senate. Murphy also contributed $50,000. Ripple also recently committed $25 million to Fairshake, another pro-crypto super PAC, following a similar contribution in […]

EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

JPMorgan Bullish on Gold Prices Into Year-End

July 17, 2024 Bitcoin.com

bitcoin.com

Global investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On Tuesday, the price of gold surged past its all-time high, bolstered by the Federal Reserve’s actions and the influence of former U.S. President Donald Trump. […]

EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case

July 16, 2024 Bitcoin.com

Allegations

Craig Wright has been referred for criminal investigation in Britain for alleged perjury. Wright claimed to have authored the foundational 2008 Bitcoin white paper under the pseudonym “Satoshi Nakamoto.” He pursued litigation globally, including in the UK and the U.S., asserting his claim. The Crypto Open Patent Alliance, including Block, founded by Twitter’s Jack Dorsey, […]

EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

Cambodian Firm Receives $150K in Crypto From North Korean Hackers

July 16, 2024 Bitcoin.com

Cambodian Firm Receives 0K in Crypto From North Korean Hackers

bitcoin.com

A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay between June 2023 and February 2024 from a wallet linked to funds stolen from Atomic Wallet, […]

EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice

July 16, 2024 Bitcoin.com

ASIC

John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017 and January 2018, Bigatton promoted Bitconnect through seminars and social media, claiming significant returns on […]

EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm

July 14, 2024 Bitcoin.com

bitcoin.com

Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Review’s Symposium earlier this month. He stressed the need to enforce federal securities laws in the evolving crypto market. Grewal noted that the principles-based definition of securities from the 1946 […]

EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol

Global Crypto Advocacy Movement Reaches Canada

July 13, 2024 Bitcoin.com

bitcoin.com

Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices. With approximately 5 million crypto holders in Canada, there is significant support for blockchain technology […]

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