False Alarm: Former Mt. Gox CEO Says Bitcoin Repayments Haven't Started Yet
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Mt. Gox Bitcoin Repayments From Bitstamp Set to Begin

Crypto exchange Bitstamp is about to repay some of the early Bitcoin investors who lost their coins during the infamous Mt. Gox hack over 10 years ago. The European exchange said Wednesday that it has received the assets from Mt. Gox representatives, and is about to begin distributing them back to users as soon as Thursday. Bitstamp is one of…

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Will Degens Flock to Options on Leveraged Bitcoin ETFs?
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Bitcoin Firm Fold Plans to Go Public in $365 Million SPAC Deal

Bitcoin financial services platform Fold announced plans Wednesday to go public via a special purpose acquisition company (SPAC), in a deal that values the firm at $365 million. To facilitate the transition, Fold has reached an agreement with FTAC Emerald Acquisition Corp. through which the businesses will combine, with the intended result being that Fold will be listed on the…

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Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center
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Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center

Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability Council of Texas (ERCOT) and an amended connection agreement with American Electric Power (AEP). Iris Energy Expands Texas Operations On Wednesday, Iris Energy […] Source: https://news.bitcoin.com/bitcoin-miner-iris-energy-expands-power-capacity-at-texas-data-center/

Polymarket Adds Credit and Debit Card Support as Crypto Bets Surge
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Polymarket Adds Credit and Debit Card Support as Crypto Bets Surge

Decentralized prediction market Polymarket has teamed up with payments firm MoonPay to allow users to buy cryptocurrency with credit and debit cards, or via bank transfers, to allow them to bet on the outcomes of hot topics. The Wednesday announcement comes as trading volume on the popular platform surges amid growing interest in betting on United States elections-related predictions. Up…

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How to Spot Fake Zoom Links Scammers Are Using to Steal Your Crypto
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How to Spot Fake Zoom Links Scammers Are Using to Steal Your Crypto

Hackers are attempting to steal the cryptocurrency holdings of Zoom users through a complex phishing-based malware distribution scheme, according to a cybersecurity engineer. In a Twitter thread earlier this week, a pseudonymous cybersecurity engineer and NFT collector NFT_Dreww.eth drew attention to the new scheme. “Scammers are getting extremely sophisticated, and have evolved their tactics to impersonate zoom which, if downloaded,…

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US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak
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US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak

U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoin ETFs Record Outflows as Blackrock’s IBIT Gains $71M Following 12 consecutive days of inflows and a record influx […] Source: https://news.bitcoin.com/us-bitcoin-etfs-see-78m-outflow-breaking-12-day-inflow-streak/

SEC Fines BlackRock $2.5 Million as Bitcoin ETF Review Awaits
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BlackRock BUIDL Fund Bids for Allocation From Ethena’s $45 Million Reserve Fund

The tokenized money market fund BlackRock USD Institutional Digital Liquidity Fund (BUIDL) by asset management titan BlackRock is looking to secure an investment from in Ethena Labs’ tokenized fund. On July 16, Ethena Labs created a forum thread for allocations of its $45.4 million reserve fund that currently has $235 million in Tether (USDT) backing its USDe stablecoin. The post…

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