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Share link:In this post: Do Kwon is expected to admit guilt in a U.S. court over the $40B TerraUSD collapse. A judge has set a hearing where Kwon must explain how he broke the law. The 2022 crash of TerraUSD caused major losses and led to other crypto failures.
Share link:In this post: Democrats in the Wisconsin Senate filed a companion bill mirroring last month’s Assembly Bill 384 to tighten the noose on rampant scams linked to crypto kiosks. Senator Kelda Roys filed Senate Bill 386 on August 11 alongside six other Senate members, echoing the Assembly Bill previously filed by Rep. Ryan Spaude. Dileep Kumar, Director at Digital South Trust, said the proposed bills aim to build public trust, despite limiting high-value trades.
Share link:In this post: The Qubic project finally managed to take over 51% of the Monero hashrate, with a block reorg detected. The plan to take over the network crashed the price of XMR, undermining the value of proof-of-work. Qubic aims to retain Monero’s chain but remain the sole miner, acting as a fair block producer with no intention of malicious block reorgs.
Ripple's recent $3.28 billion XRP release triggered unfounded fears of a sell-off, but the escrow mechanism ensured market stability, and whales took advantage.
ENA’s rally may not be over. Net flows have flipped bullish, bulls have held control for 30 days, and an ascending triangle breakout above $0.79 could trigger a push toward $0.96 and $1.25.
HBAR price shows no weekly gains, but multiple timeframes now warn of downside. A looming Death Cross, fading buy pressure, and a vulnerable pennant support level could set up a 10% slide if $0.24 fails.
Steak 'n Shake's Q2 2025 sales rose by 10.7%, credited to Bitcoin payments. Its competitors, like McDonald's, showed slow growth, and the company plans more Web3 upgrades.
- 02:27Five wallets suspected to belong to the same entity spent $21.23 million to purchase 938,000 LINK tokensAccording to a report by Jinse Finance, on-chain analyst Onchain Lens has monitored that five wallets, suspected to belong to the same entity, collectively spent 4,806 ETH (worth approximately $21.23 million) to purchase 938,489 LINK tokens, with an average purchase price of $22.62 per token.
- 02:17ChatGPT Lead: GPT-5 Still Faces "Hallucination" Issues, Users Advised to Verify AnswersAccording to Jinse Finance, although ChatGPT has already launched its new GPT-5 model, there is still a possibility of errors. An OpenAI senior executive reiterated this point again this week. Nick Tiley, head of ChatGPT, stated in an interview: "When it comes to reliability, there is a significant gap between being reliable and being completely reliable." He further explained, "Unless we can demonstrate that ChatGPT is more reliable than human experts in all fields, not just some, we will continue to advise you to carefully verify the answers." (Jin10)
- 02:01Moonbirds Floor Price Surpasses 3 ETH with a 24-Hour Increase of 3.3%According to Foresight News, data from Magic Eden shows that the floor price of the NFT collection Moonbirds has surpassed 3 ETH, currently at 3.199 ETH, with a 24-hour increase of 3.3%.