A rough day in the financial world means more disappointment for the Bitcoin price, but it did hit a different all-time high in network hashrate. That is, of course, a double-edged sword and several major miners could end up being loss-making as a result. Outside of Bitcoin, pro-crypto lawyer John Deaton has won the Massachusetts Republican Party US Senate primary to set up an election showdown with anti-crypto Senator Elizabeth Warren in November. In less positive news, scammers have found a way to burn tokens inside Solana wallets, and if you’re active in the space, you’ll want to be aware of it.

Further reading:

• Bitcoin’s price shows ‘no clear direction’ amid active address decline
• Bitcoin network hashrate reaches new all-time high
• Pro-XRP attorney John Deaton wins Republican US Senate primary
• Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo
• Scammers have found a way to burn tokens from inside Solana wallets

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