Plus, Monero has a significant bug that could affect the privacy of user transactions.
Today’s Top Crypto News Stories
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Amazon: Crypto Rumors 'Not True' 💔
Amazon has denied claims that it's planning to accept Bitcoin as a payment method this year. Although the eCommerce giant says it is interested in the space, a spokesperson said reports about specific plans to embrace crypto are not true. As a result, Bitcoin's price has cooled slightly after surging to highs of $40,499.68 yesterday. Here's the latest.
Tesla Keeps Hold of Its Bitcoin 💰
Tesla has confirmed that it hasn't sold any more of the Bitcoin it purchased at the start of the year. However, the electric vehicle manufacturer wasn't immune to the downturn in the crypto markets seen between April and June. Over the second quarter, it booked a $23 million impairment charge. Find out more.
Kaseya Denies Paying $70M Ransom 🚨
Kaseya has rejected claims that it paid a $70 million ransom to the notorious REvil hacking group. The software company’s infrastructure was crippled by the attack, alongside systems belonging to hundreds of businesses that used it. Kaseya acquired a universal decryptor key last week, but had failed where they got it from. Read their statement.
Monero Has 'Significant Bug' 😱
Developers of Monero have disclosed a "rather significant" bug that could affect the privacy of users' transactions. To cut a long story short, spending XMR within 20 minutes of receiving it increases the likelihood of a transaction being identified. The bug does not endanger user funds and will be fixed in a future software wallet update. Read more here.