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Tag Archives: News

Wallets Linked to CoinStats Exploit Move Nearly $1 Million to Tornado Cash

Two wallets linked to the CoinStats exploit from June have moved 311 ETH to Tornado Cash to obfuscate their fund flows. One moved 211 ETH, while the other sent 100 ETH to the mixer, amounting to $959,000. Crypto mixers like Tornado Cash are used by a wide array of individuals for anonymizing their transactions. It prevents the tracking of the origin of their funds. While these services are praised for lending privacy—a human right—using them may not comply with anti-money laundering...

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Doja Cat’s X Account Hacked to Shill Scam Token

Rapper and songwriter Doja Cat’s X account was hacked on July 8, with the hackers using the opportunity to promote a scam token named after her likeness—Doja Cat (DOJA)—to her 5.6 million followers. In a now deleted post, the scammers wrote, “buy $DOJA or else,” followed by a Solana address, which the hackers used to collect funds from victims. Within an hour since the post went live, DOJA’s market cap rose to $1.65 million as unsuspecting fans and those trying to profit from celebrity coins...

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Hut 8 Secures Power Deal to Open Data Centre in Texas

Hut 8, a well-known Bitcoin mining firm, has secured a deal to acquire 205 megawatts of power in West Texas, as well as the land needed to set up its data center. This move takes the miner’s energy capacity up to 1,300 megawatts. Hut 8’s power purchase agreement (PPA) with Texas will place it next to a wind farm. This deal will also have Hut 8 channel into a reliable power source, as the location is connected to the Electric Reliability Council of Texas (ERCOT), supplying 90% of Texas’ power...

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German Government Entity Transfers Another $362 Million in Bitcoin

The German Federal Criminal Office, or Bundeskriminalamt (BKA), moved another $362 million in bitcoin on July 9, leaving it with $1.3 billion worth of assets, which it will most likely liquidate until the last Satoshi. Arkham Intelligence brought attention to BKA’s wallet activity, posting on X, “TODAY: German Government selling up to 6306.9 BTC ($362.12M).” It added, “In the past 3 hours, the German Government has sent 6306.9 BTC ($362.12M) to Kraken, Cumberland, 139Po (likely institutional...

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