McRugged: Hackers Take Over McDonald’s Instagram, Make $700K on Fake Grimace Token
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McRugged: Hackers Take Over McDonald’s Instagram, Make $700K on Fake Grimace Token

A senior McDonald’s employee appeared to suffer a social media hack on Wednesday, one that soon allowed the culprits to promote a short-lived Grimace-themed Solana meme coin scam across the fast food giant’s prominent public-facing accounts.  Late Wednesday morning, posts on both McDonald’s Instagram page—which boasts some 5 million followers—and the personal Twitter account of Senior Marketing Director Guillaume Huin…

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Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
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Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger

On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy portfolio in the U.S. and integrate power generation capabilities […] Source: https://news.bitcoin.com/bitcoin-miner-bitfarms-to-acquire-stronghold-digital-mining-in-125-million-merger/

Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
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Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders

Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early […] Source: https://news.bitcoin.com/cryptoquant-bitcoin-demand-remains-weak-despite-accumulation-by-long-term-holders/

Do Kwon's Bail Approved After Property Verified to Be 'Worth Millions'
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FutureNet Co-Founder Arrested in Montenegro Over Alleged $21 Million Fraud

Roman Zimian, the co-founder of crypto trading platform FutureNet, has been arrested in Montenegro, according to reports in local media. The arrest of Zimian in Podgorica was carried out by Montenegrin police together with Interpol’s National Central Bureau (NCB), and resulted in the seizure of “technical devices” related to his alleged criminal activities. Zimian, a Polish citizen, was the subject…

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Ethereum ETFs to Start Trading Next Week as SEC Gathers Final Drafts, Sources Say
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BlackRock’s Ethereum ETF Hits $1 Billion in Net Gains, Nearly Tripling Fidelity

BlackRock’s spot Ethereum ETF crossed $1 billion in cumulative net inflows on Tuesday, cementing the Wall Street behemoth’s crypto offering as investors’ early go-to pick. The iShares Ethereum Trust ETF (ETHA) debuted in late July alongside products from seven other asset managers. But when it comes to the ensuing footrace for investors’ cash, the competition has failed to keep pace…

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