Chinese newspaper warns of Bitcoin extortion scam using its name

The US government just staged its seized crypto for an exchange, and it took an extra hop to get there. Wallets tied to the government moved about $288 million in seized bitcoin and ether onto Coinbase Prime over roughly half a day on Monday, blockchain data from Arkham shows. The ether went direct, while the…

WEMIX halts trading after $724K hack on linked contract amid stablecoin transition WEMIX, a blockchain gaming platform, suspended its bridge services and decentralized exchange trading after an attacker exploited a linked contract, stealing about $724,000 in USDC.e tokens. This is the second major security breach for WEMIX, followi…

Bitcoin drops over 3% to $63,494 amid tech sell-off and Fed rate hike concerns  Pluang

A new study argued that Polymarket’s five-minute Bitcoin contract became a machine for wealth transfer. It moved money from retail bettors to a small band of manipulators, and it made Bitcoin’s spot price worse in the process. The paper, “Settlement Manipulation in Prediction Markets” by David Dai, Ruizhe Jia, and Shihao Yu of Stanford and…

Astarter, a renowned Web3 infrastructure entity for AI agents, has partnered with Trikon, an AI-based Web3 operating system. The partnership endeavors to enhance the infrastructure backing independent AI agents within the Web3 network. As Astarter disclosed in its official announcement, the development merges its AI-powered Web3 operating system with the decentralized execution and compute capabilities…

Pi Network has started rolling out Protocol 26, requiring all Mainnet node operators to upgrade their software before August 11. The update is mandatory for node operators and is the final step before Protocol 27, the last planned upgrade in Pi Network’s current roadmap. Pi Coin price surged 4.11% in the past 24 hours to…