Australian prosecutors are demanding jail time for the user Crypto.com, who received $6,7 million by mistake 💰

In May 2021, Crypto.com have sent 10,47 million Australian dollars (6,86 million US dollars) to the Australian couple Tevamanogari Maniwel and Jatinder Singh instead of returning 100 Australian dollars after an employee allegedly entered the account number in the payments section of an Excel spreadsheet.

🫢 By the time the exchange platform discovered the error in December 2021, just seven months later, Singh had already bought several houses and presented a friend with 1 million Australian dollars.

He claims he thought he had won an ‘online raffle’ 😅

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Memecoins have suffered significantly amid the fall of the crypto market 📉

Over the past week, among the top 100 cryptocurrencies, three large memecoins have fallen the most in price - dogwifhat (WIF), Brett (BASED) and Pepe (PEPE).

Even taking into account the slight recovery in prices after the morning collapse, their rates fell by more than 20% per day 🤯

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Bitcoin suddenly ‘sank’ to $3,2 😱

Bitcoin, along with the stablecoin DAY, fell to $3,2 on the KUCOIN exchange at one point. Fortunately, the price has now returned to normal, but the reasons for such ‘roller coasters’ are still being established 😳

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The founder of Stackr Labs hacked the Atari game to prove its non-networked nature 🫨

Kautuk Kundan, the founder and CEO of Stackr Labs, stated that he hacked the recently launched crypto arcade game Atari Asteroids, which was built on Coinbase's Ethereum layer-2.

Kundan claims that the game is not ‘networked’ since interaction with the blockchain only occurs when sending a transaction through the API, rather than during gameplay.

He also pointed out that other players could manipulate their scores to improve their positions on the leaderboard 🫢

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Memecoin TrumpCoin (DJT) has plunged by 95% amid the decline of the cryptocurrency market 📉

Memecoin TrumpCoin (DJT), created under the guidance of Martin Shkreli, has lost 95% of its value, dropping from $0,00555 to $0,000229 per token. Currently, the price fluctuates around $0,000430.

Despite the sharp decline, trading volume has increased by 35,501%, and the number of traders has risen by 1,736% 😌

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The market for Euro stablecoins is growing thanks to new initiatives 💸

French and Irish fintech companies have announced the launch of a stable currency, EURT, pegged to the euro, on the Stellar blockchain.

The launch will take place a month after the new MiCA regulations come into effect, which have cleared the market of unscrupulous players and created conditions for the development of stablecoins.

The partnership between the fintech company Next Generation and the Irish EMI Decta is a striking example of compliance with the new MiCA regulations 👍

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Investors in the iShares BTC ETF remain resilient despite price decline 🫡

Investors in the iShares Bitcoin ETF faced a sharp price drop of 14% at the market opening on August 5, following an 8% decline the previous week.

Despite this, Bloomberg's senior ETF analyst Eric Balchunas noted zero outflows, indicating that traders are not changing their positions.

Although the overall outflow from the ETF amounted to $168 million, this represents only 0,3% of the total assets under management 😕

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Core Scientific's shares jumped by 12% following the expansion of its deal with CoreWeave 📈

Core Scientific (CORZ) saw its stock rise by more than 12% at the beginning of trading on August 6 after announcing an expansion of its $1 billion agreement with CoreWeave.

Core Scientific will add 112 megawatts for NVIDIA graphics processors, which will enable the company to generate approximately $2 billion in additional revenue from a 12-year contract 💰

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BlackRock raised nearly $900 million in its spot Ether ETF in just 11 days 💵

The BlackRock iShares Ethereum Trust (ETHA) attracted almost $900 million in only 11 trading days since its launch on July 23.

On August 6, the fund received $109,9 million, marking the third-largest inflow of funds.

With a total inflow of $869,8 million, ETHA ranks among the top 6 most profitable ETFs of 2024 💥

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Mox launches cryptocurrency ETF trading in Hong Kong 🚀

The virtual bank Mox, a subsidiary of Standard Chartered, has become the first bank in Hong Kong to offer its customers trading in cryptocurrency exchange-traded funds (ETFs).

Starting from August 7, users can trade spot Bitcoin and Ethereum ETFs on the Mox platform 💰

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DeFi protocol Nexera hacked for $1,5 million 😱

The decentralized finance protocol Nexera has fallen victim to hackers who stole NXRA tokens worth $1,5 million.

According to information from Cyvers, the hack occurred due to an exploit in the smart contract, which led to the suspension of operations with Nexera tokens.

The Nexera team has urged crypto investors to stop trading NXRA 😕

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Grayscale launches new crypto investment products 🫨

Grayscale Investments has announced the launch of two new funds: Grayscale Bittensor Trust and Grayscale Sui Trust.

The first fund will invest in the TAO token of the Bittensor protocol, which incentivizes the development of open-source AI.

The second fund will focus on the SUI token of the Sui network, designed to support decentralized applications 👍

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Bitstamp and Stripe join forces to simplify cryptocurrency purchases in Europe 🇪🇺

The cryptocurrency exchange Bitstamp has announced a partnership with the fintech company Stripe aimed at making access to cryptocurrencies easier in Europe.

Users across the EU will be able to buy Bitcoin and other cryptocurrencies through the Stripe crypto on-ramp system ⚡️

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Ethereum expects growth as data on the chain shows bullish signs 😯

The price of Ethereum retested its weekly support on Monday and rose by 4,50% to $2,454 by Thursday. Data shows that 44,447 ETH worth $110,1 million entered Ethereum spot ETFs on Wednesday, while another data points to increased activity in inactive wallets and recent capitulation events, indicating a potential upcoming rally.

But specialists say, that despite the increased activity in inactive Ethereum wallets, recent capitulation events and the consistent influx of funds into spot ETFs, ETH development activity should still be higher, which suggests that investors should not expect a rapid rise in token prices 🔷

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Binance will list Toncoin today 💎

The auction will begin today.

TON will also receive a Seed Tag, an icon of increased volatility and high risk. To purchase such tokens, users will need to be tested on high-risk assets and confirm acceptance of the terms every 90 days.

Available trading pairs: TON/BTC, TON/USDT, TON/FDUSD and TON/TRY 🤝

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