Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked and may be redirecting visitors to a phishing site. Source link
Crypto miners stole $723M of electricity in Malaysia since 2018: Report
Malaysia’s Deputy Minister of Energy Transition and Water Transformation revealed the number during an event where they disposed of over 2,000 machines seized in an operation. Source link
Elliptic exposes $11B scam network via Huione Guarantee
Elliptic’s report reveals how the Huione Guarantee marketplace facilitated massive money laundering and cyber scams using Tether transactions. Source link
CoinStats exploiter moves almost $1M to Tornado Cash
CoinStats said in a July 5 update that it’s still investigating the incident and is taking action to secure its new infrastructure. Source link
SingularityNET and Filecoin partner for AI and DePIN
SingularityNET and Filecoin collaborate to integrate decentralized AI and DePIN, emphasizing ethical AI development and decentralized infrastructure. Source link
Crypto payment service Payeer hit with record $10M fine in Lithuania
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks. Source link
3AC wallet buys NFT with 3-year-old offer, zkSync denies insider minting claims: Nifty Newsletter
A wallet owned by the bankrupt hedge fund Three Arrows Capital purchased an NFT via a three-year-old offer. Source link
Goldman Sachs to launch 3 new tokenization products this year – report
The products could include an RWA marketplace and will focus on the United States and Europe. Source link
Inside Lugano’s crypto revolution — A documentary
Bitcoin journalist Joe Hall tests Lugano, Switzerland, to see if it truly merits the title of the world’s most crypto-friendly town. Source link
European Central Bank is exploring blockchain and MPC technology
The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future. Source link