Crypto TV

Mining Employee Secretly Mined 1 BTC On Employer Hardware A mining company employee pleaded guilty after secretly redirecting 100 of his employer’s miners to his own pool in 2021. He mined 1 BTC worth about $53K at the time, while running the equipment in an overclocked mode that shortened its lifespan; he now faces up to one year in prison and a fine of up to $100K. 📺Crypto TV📺

VanEck Says Bitcoin Is Nearing A Cycle Bottom VanEck says Bitcoin is approaching a cyclical bottom and is already looking at gradually building positions. Its GEO model tracks global liquidity, crypto leverage and on-chain activity, with two of three signals now neutral and leverage conditions viewed as positive. 📺Crypto TV📺

FG Nexus Ends Ethereum Strategy After Less Than A Year FG Nexus has officially ended its Ethereum strategy less than a year after launch, according to its SEC filing. The experiment ended with a $45.2M loss, including $41.16M tied to ETH, while staking revenue reached only $144K. 📺Crypto TV📺

US May Add Retroactive Tariffs For China Tariff Evasion The White House accused more than 40 countries of helping China bypass US tariffs through re-export schemes. The administration estimates the US loses $19B–$26B in duties each year from these flows, while customs officials are already testing AI to detect violations and future trade deals may include penalties for involved partners. 📺Crypto TV📺

TRON And Ethereum Control 97% Of USDT Supply TRON and Ethereum now dominate the USDT market, with TRON holding 48.7% of global supply and Ethereum holding 48.8%. Together, the two networks control around 97% of the largest stablecoin’s supply, while USDT itself accounts for about 60% of the total stablecoin market. 📺Crypto TV📺

Standard Chartered Says Its $100 UNI Target May Be Too Low Standard Chartered now says its $100 UNI forecast may be too conservative after Uniswap revenue jumped 2.4x since late July to around $244K per day. If current rates continue, UNI burns could reach about $90M per year, equal to roughly 4% of circulating supply, with Robinhood Chain generating around 60% of that revenue. 📺Crypto TV📺

TRON Removes Need To Hold TRX For Fees TRON users can now access gasless transactions through MoonPay Trade integration. This allows ecosystem users to make transfers without holding TRX for fees, including operations in SunSwap and JustLend. 📺Crypto TV📺

Bitwise Says HYPE, UNI And AAVE Are Undervalued Bitwise says HYPE, UNI and AAVE may be undervalued because the market is not fully pricing in the link between protocol revenue and token value. Hyperliquid reportedly uses around 99% of fee revenue to buy back HYPE and has already bought and burned $1.3B worth of tokens, while Uniswap, Aave, Pump.fun, Lighter and others are moving toward similar revenue-linked mechanics. 📺Crypto TV📺

South Korea Tightens Crypto Transfers Abroad South Korea is tightening transfers to foreign crypto exchanges and wallets. Under the new rules, local exchanges may require users to confirm account ownership, transfer purpose and source of funds, while transactions can be delayed or rejected if the information is insufficient. 📺Crypto TV📺

AI Agents Conduct Near-Autonomous Cyberattack On Taiwan AI agents reportedly carried out a near-autonomous cyberattack on Taiwan’s government infrastructure. China-linked attackers used a team of 8 AI agents to scan for vulnerabilities, choose intrusion methods and adapt tactics, compromising at least 85 government accounts and stealing data on more than 2,500 employees. 📺Crypto TV📺

Glassnode: Bitcoin Spot Volume Falls To Lowest Level Since 2019 Glassnode says Bitcoin spot trading volume has dropped to its lowest level since 2019. BTC has been stuck for almost three months between key levels near $63K and $68.7K, with sellers gradually fading but buyers still weak. 🟠 ETF inflows remain minimal, while coins continue moving to exchanges 🟠 Traders have built up a large amount of leveraged longs 🟠 Buy-side order volume has dropped by roughly one-third since early July 🟠 Several on-chain indicators are approaching zones where previous bear-market bottoms formed The risk: if BTC loses the $58.5K support, weak liquidity and crowded long liquidations could accelerate the next leg down. 📺Crypto TV📺

Crypto Spot Volumes Hit Two-Year Low Spot trading volume on centralized crypto exchanges fell to $807B in July, down 31% from the previous month. That marks the lowest level in two years, showing how much market activity has cooled. 📺Crypto TV📺

Wintermute Moves Beyond Crypto With $1B AI Plan Wintermute is expanding beyond the crypto market amid a prolonged slowdown in trading activity. One of the largest crypto market makers plans to invest $1B over the next five years into AI technology and high-frequency trading infrastructure. 📺Crypto TV📺

Trump Considers Capital Gains Tax Cut Donald Trump is reportedly considering a cut to the US capital gains tax. The potential changes could also affect profits from crypto sales by US investors, though the proposal is still under discussion and no specific reform details have been confirmed yet. 📺Crypto TV📺

Hackers Exploit Harmony And Mint 4B ONE Layer 1 blockchain Harmony reported that hackers minted 4B ONE, around 26% of the total supply. The team says it is working with exchanges to block and freeze the funds, while developers are preparing a fix and considering a possible network rollback. 📺Crypto TV📺

SEC Prepares New Rules For Crypto Businesses The SEC will review “Regulation Crypto” on August 14, its first major rule package designed specifically for the crypto market. The proposal could create a separate capital-raising regime for crypto companies, allowing them in some cases to avoid standard SEC securities offering registration. 📺Crypto TV📺

Arthur Hayes says the era of cheap yen is ending, and Japan’s new currency-support mechanism could push the Fed back toward money printing and trigger a crypto rally 📺Crypto TV📺

OpenGradient CEO Claims BitMart Is Insolvent OpenGradient CEO says the market maker’s funds are stuck on BitMart and cannot be withdrawn due to the exchange’s alleged solvency problems. He also claims that about a week before the reported closure announcement, BitMart tried to convince token holders to lock assets on the platform, possibly to attract liquidity. 📺Crypto TV📺

Michael Saylor sold 1,690 BTC ($108.6M) MicroStrategy now holds 840,447 BTC ($54.6B) on its balance sheet. The company's cash reserve has increased to $4.65B. 📺Crypto TV📺

Coinbase CEO Brian Armstrong says Bitcoin gives people a store of wealth that cannot be inflated away. 📺Crypto TV📺