**TORNADO CASH VERDICT: COFOUNDER FOUND GUILTY**
Roman Storm cofounder of crypto mixer Tornado Cash was found guilty by a jury in New York on one charge
The charge involves operating an unlicensed money transmitting business and carries a potential sentence of up to five years in prison
The jury could not reach a unanimous verdict on more serious allegations like money laundering and conspiracy to violate US sanctions
**NASDAQLISTED COSMOS HEALTH IMPLEMENTS ETHEREUMBASED STRATEGY**
Healthcare company Cosmos Health listed on Nasdaq secured funding of up to 300 million USD
The funds will support a strategy of holding Ethereum as a reserve asset
Following the announcement the company’s stock rose by over 30 percent
**UK MINING COMPANY ECR MINERALS ADOPTS BITCOIN STRATEGY**
British gold exploration company ECR Minerals introduced a new financial strategy based on Bitcoin
It plans to allocate up to 50 percent of free cash flow from gold mining to longterm bitcoin reserves
The company may also use up to 50 percent of cash surpluses for further bitcoin acquisitions
**USDC DOMINATES BLOCKCHAINBASED PAYROLL PAYMENTS**
According to new data Circle’s stablecoin USDC accounts for 63 percent of all blockchain payroll payments
Its dominance surpasses that of USDT despite Tether’s larger market capitalization
The trend signals growing adoption of stablecoins in global payroll processing
**COINBASE INTRODUCES FEE FOR USDCTOUSD CONVERSIONS**
Coinbase is adding a 01 percent fee on USDC to USD conversions for transactions over 5 million USD
This change follows lowerthanexpected revenues over the past two quarters
**JAPANESE CLOTHING BRAND ANAP BOOSTS BITCOIN RESERVES**
Japanese company ANAP Holdings purchased an additional 8233 bitcoin
The company now holds 91345 BTC in its reserves
It is one of several public firms in Japan steadily increasing bitcoin holdings
**BITCOIN ETFS REPORT INFLOWS ABOVE 91 MILLION USD**
US bitcoin ETFs recorded net inflows of 9155 million USD on August 6
BlackRock’s iShares Bitcoin Trust IBIT attracted the largest share with 4193 million USD
Total historical net inflows into such funds now exceed 57 billion USD
**YOUTUBE SCAMMERS STEAL NEARLY 1 MILLION USD IN CRYPTO**
SentinelLABS uncovered a scam in which over 939 thousand USD in crypto was stolen
Hackers used compromised YouTube accounts to promote fake trading bots
The scheme has been active since early 2024
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