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Share link:In this post: Canadian elementary school Lake Superior Academy has taken legal action against a crypto mining center over noise concerns. The mining center has reportedly been generating a high-pitched metallic hum since March. The school superintendent, Susie Schlehuber, mentioned that she tried to resolve things with the mining center without success.
Share link:In this post: VPN downloads in the UK surged after new age verification rules took effect under the Online Safety Act. Proton VPN saw a 1,400% spike in UK sign-ups, becoming the top free app on the App Store. Critics argue the law, aimed at protecting underage users, infringes on digital privacy, while Ofcom admits it’s not foolproof.
Quick Take Qubic’s “useful proof of work” mining strategy gained control over 20% of Monero’s hashrate, raising concerns over the privacy chain’s decentralization and security. Further plans by Qubic to cease hashrate reporting after Aug. 2 have raised additional concerns about a potential 51% attack that could disrupt transactions and network integrity.
- 19:32A Major Whale Partially Liquidated Due to Market Crash, DOGE Long Position Has Lost $3.09 MillionAccording to Foresight News, Onchain Lens monitoring shows that due to a sudden market crash, a whale's 10x leveraged long position in DOGE was partially liquidated, resulting in a loss of $3.09 million on this trade. The whale still has an unrealized loss of $556,000.
- 19:32The "Set 10 Major Goals First" address opened a 5x long position on BTC 9 hours ago with approximately $6.05 million in marginAccording to Foresight News, monitoring by @ai_9684xtpa shows that the address "Set 10 Major Goals First" opened a 5x leveraged long position in BTC at $112,891.3 about 9 hours ago during the early morning crash, with a margin of approximately $6.05 million. This is the first time since July 23 that the address has publicly made an incorrect move, and it is currently in a floating profit position.
- 19:32Sam Altman: New Model Set for Release in the Coming Months, but a Capacity "Crisis" May Occur in the InterimForesight News reports that Sam Altman posted on the X platform, stating that new models, products, and features may be launched in the coming months. However, there may be some minor issues and capacity challenges during this period. Although there could be some instability, the market is expected to accept the upcoming new releases.