The “jaredfromsubway.eth” MEV bot appears to have relaunched with a better arsenal for carrying out attacks. Source: https://cointelegraph.com/news/notorious-mev-bot-returns-new-attacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
How Kennedy Jr’s Dip From the Presidential Race Could Raise Crypto’s Profile in Washington
The running mate of independent U.S. presidential candidate Robert F. Kennedy Jr. said Tuesday they are considering withdrawing from the race in a bid to help bolster the campaign of former president Donald Trump. It shows a growing concern among political elites that Trump could lose in November. Kennedy has been one of crypto’s most vocal advocates in recent months.…
Montenegro arrests executive suspected of $21M crypto fraud
Montenegrin police arrested FutureNet co-founder Roman Ziemian, alleging he was living under a false identity in the country’s capital city. Source: https://cointelegraph.com/news/montenegro-arrests-executive-suspected-future-net-20-million-crypto-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
2 key Bitcoin metrics signal steady bull cycle — 'No bubble' in sight
The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or sharp jumps.” Source: https://cointelegraph.com/news/bitcoin-price-key-metrics-bullish-crypto-analysts-no-bubble?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CZ and Binance face new lawsuit for alleged laundering of stolen crypto
One legal expert says if the class action lawsuit progresses, it could put the “efficacy of blockchain analytics itself” on trial. Source: https://cointelegraph.com/news/binance-cz-face-new-class-action-lawsuit-seattle?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Setup ‘Ripe’ for a Short Squeeze as Mt. Gox Shifts $850 Million in BTC
Traders aggressively betting on further moves south for Bitcoin could be caught unawares in the coming days and weeks, with the derivatives market forming a setup primed for a short squeeze. That’s according to research-led digital assets brokerage K33’s latest analysis, which found a mix of both negative perpetual swap funding rates in recent weeks and a spike in open…
7 Arrested in Illegal Bitcoin Mining Crackdown in Malaysia
Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked to electricity theft. The suspects, aged between 30 and 74, included three local men […] Source: https://news.bitcoin.com/7-arrested-in-illegal-bitcoin-mining-crackdown-in-malaysia/
US Solana ETFs have ‘snowball’s chance in hell’ of approval, says analyst
Solana ETF approvals are extremely unlikely this year, though VanEck’s head of digital assets, continues to believe in them. Source: https://cointelegraph.com/news/solana-etfs-wont-be-approved-united-states-says-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former Bank CEO Sentenced to Prison for $47M Crypto Fraud Leading to Bank Collapse
The former CEO of failed Heartland Tri-State Bank was sentenced to over 24 years in prison for embezzling more than $47 million in a fraudulent crypto scheme that caused the bank’s collapse. He funneled the stolen funds into cryptocurrency wallets linked to a “pig butchering” scam, leading to a $9 million loss for investors and […] Source: https://news.bitcoin.com/former-bank-ceo-sentenced-to-prison-for-47m-crypto-fraud-leading-to-bank-collapse/
Midjourney Beefs Up Its AI Image Editor—Here’s How To Use It
Midjourney recently announced an update to its image editor, making its web interface even more robust and attractive. The web interface for the editor is now more powerful than the old-school editor that is still available via Discord, which is the native ecosystem of Midjourney. This may also seem to point to a broader move in Midjourney trying to develop…