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Mt. Gox’s suspected Bitgo $2.1B BTC wallet activates

A test transaction from a dormant Mt. Gox wallet triggers speculation of Bitgo’s role in the ongoing Bitcoin distribution to creditors. Source link

New York regulator hunts crypto and AI specialist for policy unit

The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services. Source link

3AC liquidators file $1.3B claim against Terraform Labs

3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem. Source link

Bitcoin needs to breach $70K, ETH $4K, for altseason start: Arthur Hayes

Solana price could also rally above $250, catalyzed by the incoming altcoin season, according to Hayes. Source link

Bitcoin price may need 3 months to copy gold bull run — Analyst

BTC price action has a habit of copying gold uptrends — but only after a few months of the Bitcoin crab market. Source link

Marathon Digital stamps ‘Made in USA’ on Bitcoin blocks mined

The stunt follows former President Donald Trump’s statement that he wants all the remaining Bitcoin to be “Made in USA.” Source link

Canadian crypto exchange gambled away $9.5M users’ Bitcoin and Ether

The British Columbia Securities Commission reveals how ezBtc’s founder misappropriated millions in customer funds for personal use, leading to significant investor losses. Source link

US Court of Appeals reboots HEX manipulation case against Binance.US

A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token. Source link

Bitcoin risks 'sharp weekend price swings’ as ETFs suck up liquidity

Bitcoin trading volume and liquidity are being concentrated on weekdays due in part to ETFs and could cause more wild price swings on the weekend. Source link

TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion

Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue. Source link