Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors.
Pump.fun and its founder hit in X account suspension blitz
X has suspended over 20 crypto-related accounts as of Monday, with the bans hitting Pump.fun and its co-founder, Alon Cohen.
Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’
The BitMEX founder warned that most new stablecoin issuers will be overvalued and likely fail due to locked distribution channels.
Optimism targets decentralization with ‘season 8’ governance revamp
A new approval process, where most Optimism proposals will auto-pass unless a stakeholder vetoes, will come into force on Aug. 1 to reduce the burden on contributors.
9GAG founder’s MemeStrategy gains 29% after first Solana buy
Hong Kong tech investment firm MemeStrategy has added Solana to its balance sheet and has pledged to stake Solana tokens to support network security and earn rewards.
Paradigm urges jury clarity in Roman Storm’s Tornado Cash case
Paradigm’s chief legal officer and general counsel said if Roman Storm is found guilty, it could slow future software development in the crypto and fintech industries.
Bitcoin production costs up 9% on higher hashrate, energy prices
The median cost of mining a single Bitcoin was only $52,000 in Q4, but jumped 23% in the first quarter and has risen again in Q2.
Bitcoin dips amid reports Trump has called advisers to situation room
Bitcoin has lost recent gains in a $2,000 slide as Middle East tensions escalated on Monday night.
JPMorgan files ‘JPMD’ trademark for crypto payment services
JPMorgan has filed a new trademark that covers a range of potential crypto-services for the bank, which industry commentators speculate could include a stablecoin venture.
Polyhedra cites liquidity attacks, Wintermute deposits behind ZKJ price drop
The project said several wallets had “coordinated a liquidity attack with an egregious malicious attempt” followed by “aggressive ZKJ sell-offs.”