South Korea police raid Bithumb over lawmaker hiring favoritism probe: report

South Korean lawmaker Kim Byung-gi faces probe over alleged nepotism tied to his son’s crypto jobs as police raid Bithumb’s offices. Source: Cointelegraph

South Korean lawmaker Kim Byung-gi faces probe over alleged nepotism tied to his son’s crypto jobs as police raid Bithumb’s offices. Source: Cointelegraph

Strategy resumed Bitcoin buying by purchasing 1,550 BTC for $101.3 million, bringing its total holdings to 845,256 BTC after last week’s controversial sale. Source: Cointelegraph

CoinGecko and NFT Price Floor data show NFT market cap has cooled since April, while CryptoPunks and BAYC remain top collections by value. Source: Cointelegraph

Bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered. Source: Cointelegraph

Man in eastern China who stole 107 Bitcoin using a memorized seed phrase gets 10 years and nine months behind bars. Source: Cointelegraph

Ironwood would close the old Orchard pool to new activity and route funds through a turnstile before they enter a new shielded pool. Source: Cointelegraph

Maelstrom’s Arthur Hayes has been on a selling spree recently, offloading positions in HYPE, ZEC, NEAR and now WLD. Source: Cointelegraph

Galaxy Digital says the Senate has a tight calendar ahead of the November elections, and the time needed to fix up and pass a key crypto bill is quickly fading. Source: Cointelegraph

Eligible Bybit users can subscribe to tokenized SpaceX IPO shares through xStocks, a Kraken-linked framework that brings public market offerings to crypto exchanges. Source: Cointelegraph

The company added nearly 127,000 ETH over the past week and now has more than 4.7 million Ether staked through its validator infrastructure. Source: Cointelegraph