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A French court has acquitted the individuals accused of orchestrating the $8.5 million hack on Platypus Finance, an automated market maker (AMM) protocol on the Avalanche blockchain.

Jason Lowery, a member of the United States Space Force, has proposed the use of PoW networks, like Bitcoin, as a means to protect the country from cyber-inflicted warfare.

In a striking display of market dynamics, Bitcoin's price surged to $40,630, marking a notable 3.50% increase on Monday. This uptrend in Bitcoin’s value coincides with a weakening US Dollar, as market speculation intensifies around potential Federal Reserve rate cuts.

Chimpzee (CHMPZ) has now raised more than $2.4 million in its presale as it also plans a new announcement. Learn all about this new development here.