<h1>BitMEX Owners Give Bitcoin Core Dev $60,000 Grant</h1>

bitmex-owners-give-bitcoin-core-dev-60-000-grant

HDR Global Trading, which owns crypto exchange BitMEX, has given Bitcoin Core dev Michael Ford a $60,000 grant to “maintain the Bitcoin network and push code live.” Recently, in June, Ford become the fifth “Bitcoin maintainer,” meaning he has permission to merge new code to the actual Bitcoin codebase.

<h1>Donald Trump’s Outdated Take On Bitcoin</h1>

donald-trumps-outdated-take-on-bitcoin

Coming in the form of a Twitter tirade, President Donald Trump said he was “not a fan” of bitcoin because of its volatility and use in drug trafficking. Similarly, Trump also took aim at Facebook’s Libra project, stating the cryptocurrency would have “little standing or dependability.”

<h1>Bitpoint Suffers $32 Million Hack</h1>

bitpoint-suffers-32-million-hack

Japanese crypto exchange Bitpoint announced it has been hit by a major hack, with malicious actors stealing $32 million worth of five different cryptocurrencies. A majority of the stolen funds were taken from the platform’s users, with just over a quarter of the amount stolen from the exchange itself.