Munich Regional Court Rules AI Music Generation App Suno Infringed Copyright

According to the New York Post, a blockchain entrepreneur is accused of embezzling over $5 million from his own company and deleting 194 expense records before abruptly resigning. Dionysios "Dean" Karakitsos, 57, is charged with siphoning funds from Bitquery Inc., a firm that tracks cryptocurrency values and fund flows. The related lawsuit has been filed in Manhattan Supreme Court. Karakitsos was Bitquery’s co-founder, serving as its CEO, director, and treasurer until 2025. He is accused of diverting the company’s funds to his personal accounts over multiple years. Karakitsos later operated Assymetrix, a prediction market platform. Bitquery filed the lawsuit in June, seeking the return of at least $5 million in allegedly stolen funds. The company added that it is pursuing additional compensation to cover its legal costs.

According to Yuqing Monitoring, a whale’s long position of 1.38 million HYPE (valued at approximately $72.15 million) is now only 9% away from liquidation, with the liquidation price standing at around $47.6. Per HTX market data, HYPE is currently trading at $52.1, down 5.04% over the past 24 hours.

U.S. Treasury Secretary Bessent stated on July 31 local time during a cabinet meeting held at Camp David in Maryland that, in accordance with President Trump’s directives, the Treasury Department has continued its economic offensive against Iran and is tracking Iranian assets worldwide. He also specifically listed so-called “economic victories” against Iran in front of Trump: after advancing relevant operations in March 2025, Iran’s largest private bank declared bankruptcy by the end of that year, the Central Bank of Iran was forced to print massive amounts of currency, continuously driving up inflation. Bessent claimed that Iran is now even unable to pay military salaries.

Strategy founder Michael Saylor posted that in the current Bitcoin difficulty adjustment cycle (946 blocks had been mined as of block 960,561), only 24 blocks set the BIP-110 support flag in their block header’s version field. All miner signals originated from DATUM miners that share rewards via OCEAN; signals from non-OCEAN sources were zero. The voluntary 55% threshold for this cycle is mathematically unachievable, and this does not reflect miner consensus. OCEAN has set BIP-110 signaling as default for its existing endpoints. The BIP-110 guidelines direct node operators to use Bitcoin Knots and miners to use DATUM. Regardless of intent, BIP-110 has effectively become a vertically integrated marketing campaign for Knots and OCEAN/DATUM. BIP-110 remains voluntary until block 961,632; from blocks 961,632 to 963,647, the software will reject all blocks that do not signal support. Any "100% signaling" observed during this window is merely the result of rule enforcement, not voluntary miner backing or Bitcoin consensus.

A former @BNBCHAIN employee deployed the new token $ASTEROID, then used 4 newly created wallets to buy 796.7M $ASTEROID (79.67% of the total supply) for $10K. The employee later sold 718.8M $ASTEROID for 1,103 $BNB ($638K), making a profit of $628K. Wallets: 0xDF99Efc99671195F08f6b14E29Bbe96699289481 0xa0b9AD5aE7Db2Ba7D01808C732BCF12f1A5241dB 0x5EB3876F53BB94d00D5B773091A3B1B89eC445ad 0x75680E9bB52986A2013aD9A9c9e82351cfe05ef7

According to Lookonchain monitoring, a former BNB Chain employee deployed the new token ASTEROID, then used four newly created wallets to buy 796.7 million ASTEROID tokens for $10,000 — accounting for 79.67% of the token’s total supply. The employee has since sold 718.8 million ASTEROID tokens, receiving 1,103 BNB (worth approximately $638,000) and netting a profit of $628,000. Earlier reports indicated BNB Chain officials stated a former employee had issued the meme token ASTEROID without authorization via the original official test wallet, and legal action has been initiated.