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WOO X suffers  million breach affecting 9 users, halts withdrawals

WOO X suffers $14 million breach affecting 9 users, halts withdrawals

WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14 million in crypto. The exchange said it is investigating the “contained incident” and revealed that the breach resulted in unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals as a precaution. It added in its statement that it […]

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MEXC finds that 67% of Gen Z crypto traders use AI tools, resulting in fewer panic sells

MEXC finds that 67% of Gen Z crypto traders use AI tools, resulting in fewer panic sells

A growing majority of Gen Z crypto traders are turning to artificial intelligence (AI) to guide their strategies and it’s making them less prone to panic selling. According to a July 24 report from MEXC Research, which analyzed over 780,000 Gen Z trading accounts in the second quarter, found that 67% of users aged 18

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Ton Foundation seeking 0M to setup public treasury company to accumulate Toncoin

Ton Foundation seeking $400M to setup public treasury company to accumulate Toncoin

The TON Foundation and Kingsway Capital Partners are seeking to raise at least $400 million for a crypto treasury company that would hold Toncoin, according to a Bloomberg News report citing people familiar with the matter. The planned vehicle would use a private investment in public equity (PIPE) structure, in which a publicly traded company

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BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed  billion

BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

BitMine Immersion Technologies (BMNR) has strengthened its position as Ethereum’s largest publicly traded holder, with its total ETH portfolio now valued at over $2 billion. In a disclosure on July 24, the company announced that it currently holds 566,776 ETH, acquired at an average price of $3,643 per token. BitMine’s ETH stash now exceeds the

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House recess over Epstein standoff stalls crypto policy push until September

House recess over Epstein standoff stalls crypto policy push until September

The House of Representatives adjourned a week ahead of schedule on July 24, initiating its August recess early and effectively halting all floor activity until after Labor Day. Speaker Mike Johnson announced the break during a floor session, ending votes and procedural work until at least the week of September 8. This recess comes amid

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Ripple co-founder moves 5M in XRP in a week amid scam surge warnings

Ripple co-founder moves $175M in XRP in a week amid scam surge warnings

On-chain data has revealed that Ripple co-founder and executive chairman Chris Larsen transferred $175 million worth of XRP across multiple wallets in the past week. The asset movements, first flagged by on-chain investigator ZachXBT, took place between July 17 and July 23. XRP transfers According to blockchain data, Larsen sent 50 million XRP, valued at

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Mistrial Motion in Tornado Cash Case Is Unlikely

Mistrial Motion in Tornado Cash Case Is Unlikely

Bitcoin Magazine Mistrial Motion in Tornado Cash Case Is Unlikely IRS Special Agent Stephan George’s testimony regarding some of Hanfeng Lin’s stolen funds having been put through Tornado Cash seemed credible enough to inhibit the defense from submitting a motion for a mistrial. On Monday, the defense in the Tornado Cash trial floated the idea

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Legislation on a blockchain pilot for Veteran Affairs claims awaits House floor vote

Legislation on a blockchain pilot for Veteran Affairs claims awaits House floor vote

The House is considering a proposal that would require the Department of Veterans Affairs to examine how distributed ledger technology, such as blockchain, can enhance the agency’s claims systems.  The “Veterans Affairs Distributed Ledger Innovation Act of 2025” (H.R. 3455), introduced May 15 by Rep. Nancy Mace, passed its first checkpoint with a June 11

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AI Stocks Expected to Drive Future Growth Amidst Mixed Earnings Season

AI Stocks Expected to Drive Future Growth Amidst Mixed Earnings Season

Analysts project a 4.8% growth rate in S&P 500 earnings per share (EPS) for Q2, which would be the slowest since Q4 2023. Still, historically, 75% to 77% of S&P 500 companies exceed EPS estimates. Major banks like JPMorgan Chase, Citigroup and Bank of America have already reported better-than-expected results for Q2 2025. S&P 500

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Solana Labs, Jito Labs hit with RICO charges in amended Pump Fun fraud lawsuit

Solana Labs, Jito Labs hit with RICO charges in amended Pump Fun fraud lawsuit

Solana Labs and Jito Labs have been named as co-defendants in a newly amended federal lawsuit that accuses them of playing a central role in an alleged $1.5 billion fraud tied to the Solana-based memecoin launchpad Pump.Fun. The amended lawsuit, filed on July 22 by Burwick Law in the Southern District of New York, expands

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