BitMEX sale collapsed as buyers balked at founder ownership and shrinking business
Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.…
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
The exchange has secured a preliminary injunction freezing stolen assets. Source:CoinDesk
‘This has been an emotionally difficult time’: My brother has cancer and my father is 94. How do I shoulder this responsibility?
“My father placed his $600,000 Wisconsin home into a revocable trust, naming my brother as beneficiary.” Source:MarketWatch
Doximity’s stock skyrockets 50% on medical AI excitement. Can the rally last?
While one analyst thinks Doximity has a compelling AI opportunity, another worries that the company could cannibalize its core business of medical networking.…
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin hit monthtodate highs above $65,000 as riskassets gained on low US nonfarm payrolls data. Source:Cointelegraph
OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin
The OKX executive says Democrats have little incentive to hand Republicans a crypto victory before the midterms. Source:CoinDesk
Are target-date funds hurting Americans as they live longer?
The popular default investments may need to be more aggressive in order to fund decades of retirement. Source:MarketWatch
How a five-second trick let traders drain millions from Polymarket
After months of public warnings from onchain analysts, the prediction market is moving to timeweighted prices to make artificial price pushes too costly.…
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.…
Michigan says it’s OK to start eating salads again as cyclospora outbreak wanes
The state, which has been at the center of the biggest cyclospora outbreak in the U.S., said this week that the number new cases of cyclosporiasis has fallen.…
I’m an unemployed software developer who is skeptical of AI. Can I still find a job in tech?
“I was approached by one company who wants to use AI to dispatch ambulances.” Source:MarketWatch
Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine
The FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens. Source:CoinDesk