🖥 Mining pool Poolin, once one of the largest in the world, filed for Chapter 11 bankruptcy.

Earlier, a Chapter 11 bankruptcy petition was filed by Movement Labs, developer of the Movement blockchain.

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🪙 Ripple introduced the Mint platform for the institutional adoption of the stablecoin RLUSD — the service allows clients to issue, redeem, and manage RLUSD via a unified interface or API.

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🦅 The Federation Council approved the law on legal purchase and exchange of cryptocurrencies in Russia —unqualified investors will be allowed to buy liquid coins up to 300,000 rubles per year through each intermediary, qualified — without limit.

Crypto exchangers will be included in a special register and obligated to hold no less than 15 million rubles of their own funds, while paying with cryptocurrency for goods and services will still be prohibited.

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💸 BitMEX accused of appropriating 623 BTC ($40,000,000) — BKX Services and investor David Namdar allege that the exchange forcibly liquidated their positions and sent the remaining funds to the insurance fund.

The lawsuit was filed in a New York court on the day BitMEX announced its impending closure.

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☠️ Morning in crypto no longer starts with coffee, but with another hack — Triple-A lost $10,000,000 due to a hacker attack.

It seems that daily exploits have finally become part of the market routine.

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🖥 The CEO of the largest public miner MARA stated that with the same amount of electricity, AI data centers earn significantly more than Bitcoin mining.

Therefore, even the largest miners are increasingly looking towards AI infrastructure.

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🚬 BitMart announced its complete closure — starting July 26, the exchange will disable new registrations and deposits, and will completely cease operations on January 31, 2027.

Against the backdrop of this news, the BMX token crashed by approximately 50%.

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🖥 Hydropower for the first time surpassed natural gas to become the main energy source for Bitcoin mining.

The share of low-carbon energy in the industry rose to 59.4%.

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🍏 Apple was sued in court over a fake wallet in the App Store — three users installed the fraudulent app and lost a total of $1,800,000 in BTC.

The plaintiffs claim that Apple advertised the store as safe, but failed to promptly remove the fake wallet, which the Sparrow developer had been warning about since 2024.

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☠️ Blockchain platform WEMIX was hacked for $6,250,000 — the attacker gained control over a smart contract, minted approximately 5.23 million WEMIX, and began withdrawing funds through bridges on the Ethereum and BNB Chain networks, after which the team suspended bridge operations and requested exchanges to freeze the assets.

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☔️ Storj Labs, which previously raised $35,000,000, announced a voluntary financial restructuring, effectively initiating bankruptcy proceedings to resolve accumulated debts.

Currently, the company will continue to operate as usual, and after the process is completed, the company's co-owners will include management, the community, STORJ token holders, and investors.

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🚬 CZ explained, why Binance is in no hurry to buy the closing BitMEX and BitMart — after the deal one can get hidden backdoors and vulnerabilities left by the previous team.

He advised users to either store crypto themselves, or choose a large exchange with a serious margin of safety.

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💸 The head of Coinbase stated that in the future, AI agents will conduct more daily transactions than all humans combined, and cryptocurrencies will become the main financial infrastructure for them, allowing them to autonomously send and receive payments without the involvement of banks.

In his opinion, AI will not replace cryptocurrencies — both technologies will complement each other.

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📊 Annual realized volatility of Bitcoin dropped to historical lows — the market has become noticeably calmer than in previous cycles.

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🪙 Strategy did not acquire and did not sell Bitcoin last week.

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