ūüďö¬† While centralized exchanges like Binance and Bitfinex are having their own concerns, decentralized exchanges (DEXs) are leaking funds to front runners. Front runners, typically bots who scan ahead of trades to pick them up and then dump them at a profit, have earned an estimated $6 million in total profit across multiple DEXs to date, according to a Cornell Tech paper cited by Chaparro; one DEX, Bancor, hired a front runner on a bounty to solve the issue and gain their expertise. Other DEXs have resorted to batched auctions, where tokens are all sold and dispersed en masse¬†-¬†Link


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Litecoin block rewards will be halved today; meaning Litecoin miners will now receive 12.5 LTC for every block compared to the 25 LTC they received previously; the Litecoin network is designed to cut its mining rewards in half every 840,000 blocks; Monday's halving occured on block height 1,680,000 today - Link


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Samsung is adding to its blockchain dapp store by including over a dozen new apps in its Blockchain Keystore online app market. Samsung’s online dapp store, Blockchain Keystore, has grown from an initial four applications in March to a total of seventeen - Link


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BlockFi, a cryptoasset lender that has became popular with its interest bearing deposit accounts, has raised $14.5M in a Series A round led by Valar Ventures; other participants include Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital, Morgan Creek, and PJC; according to founder and CEO Zac Prince, BlockFi will use the funds to double its team size to 60 and roll out new products - Link


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ūüďö¬† ¬†The market for crypto ATMs has been growing steadily, reports The Block's John Dantoni; last month crypto ATMs experienced their largest net increase in a single month with 292 installed globally; to date there are 5,353 ATMs across 81 different countries; Dantoni breaks down the growth, current status, and trends across different assets for the crypto ATM market¬†-¬†Link


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Bitpoint, a Japanese crypto exchange, is resuming some trading services following a $28M hack in July; Bitpoint is re-opening cash deposits and withdrawals in fiat currencies on August 6th following a safety assessment of the exchange’s cryptocurrency wallet; the hacked wallet is no longer in use and therefore not under threat - Link


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