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DFX Labs clears Hong Kong’s AML requirement for crypto license

While not yet permitted to trade, DFX Labs is deemed licensed for virtual asset services by the Securities and Futures Commission of Hong Kong. Source link

Bitcoin exchange balances 'overrated?' 140K BTC Mt. Gox payout sparks debate

Bitcoin exchange balances are not a go-to yardstick for BTC price strength, one commentator argues as others dismiss the latest Mt. Gox fears. Source link

German gov’t offloads 900 Bitcoin, with 400 BTC sent to Coinbase and Kraken

The added selling pressure from the German government could tank Bitcoin price below the key $60,000 mark. Source link

Hong Kong shows off crypto, Web3 prowess in Toronto

Canadian crypto and Web3 startups could benefit from “lower taxes” and regulations that cater to “pre-commercial specialist technology companies,” said a Toronto ETO official. Source link

Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months. Source link

Bitcoin ‘cascading long squeeze’ to blame for slump to $60K

An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to Bitcoin analyst Willy Woo. Source link

‘Survival games’ as Bitcoin hash price skirts near all-time low

Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being. Source link

Alex Lab points to Lazarus Group after last month's $4M exploit

After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group. Source link

Mt. Gox repayments won’t be as bad for Bitcoin as you think: Analysts

The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash. Source link

Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months

The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs. Source link