CHART: North Korea stole $2.8B in crypto hacks since 2024, report
A report from the Multilateral Sanctions Monitoring Team claimed that North Korea stole at least $2.8B in crypto hacks since 2024. Source link
Coinbase
Tech & AI
FTC gives Musk the OK to acquire SpaceX alumni startup Mesh
Elon Musk is eyeing an acquisition of Mesh Optical Technologies, a startup founded by three former SpaceX engineers last year developing hardware for fast data center communications. The potential acquisition, which was revealed in a Federal Trade Commission filing and first reported by Bloomberg, confirmed the agency expedited its antitrust review. Mesh Optical came out
Bitcoin
CLARITY Act Faces Narrow Senate Window as Midterm Election Calendar Tightens – Bitcoin News
Key Takeaways Senate leaders face pressure to schedule a CLARITY Act vote before election priorities dominate. Stand With Crypto says clearer rules could protect consumers, developers, and fintech firms. Polling cited by the group suggests crypto policy may sway battleground-state voters. Stand With Crypto Says Federal Rules for Digital Assets Remain Incomplete as Timeline Tightens
Crypto
Is the 4-Year Cycle Dead?
Bitcoin sits near $60,000, down more than half from its October peak, with traders in extreme fear and institutions pulling money out for six straight weeks. The single question that decides where it goes next is whether the famous four-year cycle still governs Bitcoin, or whether institutions have broken it for good. Summary Bitcoin trades
Coinbase
No, a quantum computer didn’t break SHA-256 or Bitcoin
Yet again, Bitcoin was the target of fake news about a non-existent quantum computer cracking SHA-256 cryptography. Source link
Tech & AI
Apple Overhauls Chip Roadmap, Ditches M6 Pro and Max for M7 Generation
Apple may skip the high-end M6 chips and shift premium Macs to AI-focused M7 processors, making the upgrade decision tougher for power users. The post Apple Overhauls Chip Roadmap, Ditches M6 Pro and Max for M7 Generation appeared first on TechRepublic. Source link
Bitcoin
US Treasury Hits Huione Group in Sweeping Push Against Global Cyber Fraud
Key Takeaways OFAC sanctioned 26 entities linked to Prince Group, next blocking Huione from U.S. financial markets. Chainalysis reported Huione Guarantee processed $70B in crypto, forcing tighter P2P market rules. After a 5-year run, the FBI seized Huione’s cloud systems to dismantle global crypto scam markets. US Treasury Hits Huione Group’s Crypto Money Laundering Cloud
Crypto
MAS adds Hyperliquid to investor alert list as exchange responds
The Monetary Authority of Singapore has added Hyperliquid to its Investor Alert List, prompting the decentralized exchange to state that it has never claimed to be licensed or authorized by the country’s financial regulator. Summary MAS has added Hyperliquid to its Investor Alert List, while clarifying that the move is not an enforcement action. Hyperliquid
Coinbase
CHART: mNAV down across bitcoin treasury companies
The premium that investors are paying for BTC treasury companies continues to decline. In other words, mNAV compression is real. Source link
Bitcoin
Cathie Wood’s ARK Invest Buys the Dip on Coinbase, Circle, Bullish, and Robinhood as Crypto Stocks Slide
Key Takeaways ARK Invest bought 35,023 Robinhood, 9,014 Coinbase, 9,264 Circle, and 9,136 Bullish shares on June 25. All four stocks fell that day, with Coinbase down 5% to $142.52 and Bullish off 6.77% to $21.88. The dip-buying extends Cathie Wood’s high-conviction crypto thesis, anchored by a $1.5 million bitcoin target. Buying Into a Broad