Coinbase political initiative features US lawmaker who admitted to ethics violations

Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules. дальше »

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XRP Competitor Stellar Gets Equity In MoneyGram, Plans To Disrupt Payments Sector

The XRP ecosystem could face more vigorous opposition to its expansion from Stellar and native cryptocurrency XLM. The company recently acquired a minority stake in payment processor MoneyGram. Related Reading: Ripple Vs. дальше »

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Bernstein Predicts Spot ETFs Could Claim 10% Of Bitcoin’s Market If Greenlit

According to Bloomberg, a recent research report from Sanford C. Bernstein has shed light on the potential impact of Exchange Traded Funds (ETFs) on the Bitcoin market dynamics. Related Reading: Silent Bitcoin Storm: Glassnode Uncovers What Lies Beneath The Surface Potential Surge In Bitcoin Market Value Sanford C. дальше »

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Dogecoin Vs. Bitcoin: Co-Founder Labels BTC Maximalists As ‘Insecure Losers’

Dogecoin co-founder Billy Markus took a playful dig at the fervent advocates of Bitcoin in a recent Twitter post, accusing them of lacking finesse in their marketing strategies. Markus labeled Bitcoin maximalists as “the literal worst at marketing,” igniting a humorous yet critical discourse within the cryptocurrency community. дальше »

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Will Curve DAO (CRV) Recover? Here’s What On-Chain Data Says

Curve DAO (CRV) has continued to decline recently. Here’s what on-chain data says regarding if a rebound is probable for the coin anytime soon. What Curve DAO Metrics Hint At Regarding Futures Price Action In a new insight post, the on-chain analytics firm Santiment has recently discussed how the underlying metrics related to CRV have looked. дальше »

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Barry Silbert And DCG On The Offensive: Look To Dismiss Gemini’s Lawsuit

Per a Bloomberg report, Digital Currency Group and its CEO Barry Silbert are moving to try to dismiss the lawsuit filed by their former partner, crypto exchange Gemini. The two entities have been in a legal battle since early 2023 due to its “Earn Program,” which collapsed with Genesis. дальше »

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Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it’s a PR campaign

Gemini’s complaint filed in July alleged DCG and Barry Silbert had made “false, misleading, and incomplete representations and omissions” related to Genesis and the Earn program. дальше »

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CertiK’s crypto security reviews uncover critical vulnerability in Apple iOS

The blockchain cybersecurity firm, CertiK, has reportedly been instrumental in uncovering critical security vulnerabilities in Apple’s latest iPhone operating system (iOS) update. CertiK’s contributions were explicitly related to two security vulnerabilities in Apple’s iOS kernel, which were confirmed to affect the latest iOS devices. дальше »

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USDC Vs USDT: Which Stable Do Institutional Traders Prefer?

Here’s what data suggests regarding which of USD Coin (USDC) and Tether (USDT) do institutional stablecoin investors prefer. Average Transaction Size For USDC Is Greater Than USDT In a new post on X, the market intelligence platform IntoTheBlock has discussed how the metrics related to the two largest stablecoins in the sector compare against each […] дальше »

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There are 281 Days Until the Bitcoin Halving

There are approximately 281 days until the next Bitcoin halving. In this episode, Andy looks at several data points related to the Bitcoin halving cycle, and the fast-rising odds that suggest not just one, but a group of Bitcoin Spot ETF applications are likely to be approved soon. дальше »

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US Fed issues new crypto program for local banks

US Federal Reserve unveils Novel Activities Supervision program to oversee banks’ crypto-related activities, emphasizing stablecoin safeguards. The initiative‘s main goal will be to supervise the banks’ activities related to cryptocurrencies, such as custody, lending, trading, and the issuance or distribution… дальше »

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DeFi total losses breach $77B as July records largest loss of 2023 with $389M stolen

De. Fi’s Rekt Database reports that July saw $389. 82 million in DeFi losses related to hacks and exploits, pushing the cumulative total value of all of to cross the threshold of $77 billion. дальше »

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BREAKING: PayPal Unveils Dollar-Backed Stablecoin On Ethereum

According to a press release, payment company PayPal launched a U.S.-backed stablecoin called PayPal USD (PYUSD). The digital asset is supported by short-term US treasuries and their cash equivalents, and other assets in the nascent sector, such as Tether (USDT) and USD Coin (USDC), are redeemable on a 1:1 parity for its underlying. Related Reading: […] дальше »

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South Korea Crypto Market Inspection Results Must Be Made Public: FSC Mandate

South Korea's Financial Services Commission (FSC) will publicly disclose the results of its Financial Intelligence Unit's (FIU) inspections related to anti-money laundering and other investigations, including those involving crypto markets. дальше »

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Buy These Gaming Related Coins Stepn, the Sandbox and Pomerdoge

Gaming-related coins like Stepn (GMT) and The Sandbox (SAND) are gaining significant attention as they offer unique opportunities. But, one project currently in its presale run has also made headlines recently – Pomerdoge (POMD). дальше »

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Bitstamp Teases Major XRP Announcement, But The Market Hesitates

In a cryptic move that has the XRP army speculating, Europe’s leading cryptocurrency exchange, Bitstamp, has teased a significant announcement related to the token. The Luxembourg-based exchange made this known via a tweet that simply read, “tomorrow,” accompanied by the XRP-themed hashtags #XRP, #XRPL and #XRPLedger and a suggestive video. дальше »

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Elon Musk Tweets, Twitter Bot Activity Play Crucial Role In Inflating Altcoin Prices – Study

A study conducted by the Network Contagion Research Institute (NCRI) has shed light on the pervasive role of Twitter bots in artificially inflating the prices of various altcoins. The research, which examined over 3 million tweets related to 18 different cryptocurrencies from January 2019 to January 2023, has uncovered startling revelations about the influence of […] дальше »

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Australia ASIC sues eToro alleging lax oversight of crypto derivatives, causing consumer losses

The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the online trading platform eToro for allegedly violating financial regulations related to cryptocurrency derivative products, leading to two-thirds of CFD traders reportedly losing funds. дальше »

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Bitcoin holders resist exchanges as data points to potential price surge

Quick Take Recent statistics indicate a significant trend in the Bitcoin market, particularly a growing difference in transactions related to exchanges, specifically deposits and withdrawals. The data shows that Bitcoin withdrawals are around 55,000, surpassing the deposit count of approximately 44,000. дальше »

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BREAKING: DOJ Investigation Casts Shadow Over Binance, Sparks Fears Of Bank Run

Per a report from Semafor, the U.S. Department of Justice (DOJ) has been weighing on the possibility of filing fraud charges against crypto exchange Binance. The company has been in the eye of all major regulators worldwide in 2023 and might be about to face its biggest legal hurdle to date. Related Reading: Bitcoin Taker […] дальше »

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Kenya Halts Worldcoin Cryptocurrency Project Amid Security Concerns

The Kenyan government has announced the suspension of all activities related to Worldcoin, the recently launched cryptocurrency project. Minister of Internal Security Kithure Kindiki made the announcement on August 2,... дальше »

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By The Numbers: What Percentage Of Uniswap Traders Are Bots?

Data from Glassnode has revealed what percentage of traders on Uniswap are bots, and what percentage are humans. Here are the exact numbers. The Dominance Of Each Trader Type On The Uniswap DEX In its latest weekly report, the on-chain analytics firm Glassnode has looked into the various underlying metrics related to Uniswap. One of […] дальше »

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Celsius Network’s Bankruptcy Woes Ebb Away After Settlement Deal

Bankrupt crypto lender Celsius Network may finally see an end to its prolonged court battle with disgruntled customers after the company entered into a settlement agreement to address pending claims related to fraud allegations.  дальше »

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Sam Bankman-Fried's legal team turns over docs related to NYT story, requests they be sealed

Lawyers claimed there was a "need to avoid" the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter which led to a story on Caroline Ellison. дальше »

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Sam Bankman-Fried’s legal team turns over docs related to NYT story, requests they be sealed

Lawyers claimed there was a “need to avoid” the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter that led to a story on Caroline Ellison. дальше »

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British Museum Collaborates With ‘The Sandbox’ To Embark On A Metaverse Journey

The Sandbox metaverse development platform has made an announcement recently, revealing its partnership with the British Museum to integrate the institution into the metaverse. Related Reading: Marvelous Feat: Stan Lee NFT Collection Sells Out Instantly, Value Explodes 500% It stated that the partnership aims to create “immersive experiences” for users to discover world history as […] дальше »

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Securitize Ventures Beyond The U.S, Extends Tokenized Coins To The U.K

Securitize, a blockchain company headquartered in the United States and renowned for its expertise in tokenizing real-world assets, has expanded its operations to Europe. Related Reading: US Authorities Drop Charges Against SBF Involving Campaign Finance Funds The company entered the Spanish General Secretariat of the Treasury and International Finance’s specialized sandbox for digital asset securities. […] дальше »

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SEC Forces Quantstamp To Refund Investors In $28 Million ICO Settlement

Blockchain security firm Quantstamp has settled with the U. S. Securities and Exchange Commission (SEC) over charges related to an unauthorized initial coin offering (ICO) that raised $28 million in 2017. дальше »

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SEC adopts proposal for regulating use of AI in markets

The U. S. Securities and Exchange Commission (SEC) has adopted a new set of rules for financial services that utilize artificial intelligence as of July 26. The SEC’s proposal is designed to tackle potential conflicts of interest arising from companies’ use of predictive data analytics, AI, and related technologies. дальше »

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This AMD Ryzen Bug Can Compromise Your Crypto Wallet Keys

A new bug called “Zenbleed” affecting specific AMD CPUs has been found that can potentially leak info, such as keys attached to crypto wallets. AMD Zenbleed May Be Exploited To Leak Crypto Wallet Keys As reported by the computer-focused news website Tom’s Hardware, a new vulnerability related to AMD CPUs has been discovered that can compromise sensitive info such as passwords and encryption keys. дальше »

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Chainalysis and Deloitte Partner Up for Enhanced Blockchain Tracking and Compliance

Crypto analytics firm Chainalysis is partnering with Deloitte to enhance blockchain tracking capabilities and offer specialized services related to risk, compliance, and investigations for their mutual clients. дальше »

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Op-ed: Let’s talk about Gitcoin – the silence around open source funding is deafening

Since 2020, crypto has seen dramatic prices, adoption, and attention swings. However, one term integral to the success of web3 has seemingly stagnated – ‘open-source funding. ’ Google News articles related to open-source funding have remained flat, along with searches for the biggest player in the space, Gitcoin. дальше »

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US Accountability Office says regulators need ‘coordination mechanism’ to tackle crypto oversight

The U. S. Accountability Office (GAO) believes significant regulatory gaps in the crypto industry — specifically related to spot cryptocurrency markets and stablecoins — need to be addressed via a government-wide approach before they become a risk to financial stability. дальше »

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Arkham Intel Makes Do Kwon Crypto Wallet Hunt Official, Rewards 2 Blockchain Sleuths

Arkham Intel Exchange celebrates a milestone as two brilliant blockchain sleuths successfully claim the first-ever bounty reward for uncovering crucial evidence related to Do Kwon’s elusive crypto wallets. дальше »

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SBF agrees to gag order after New York Times article raises tampering concerns

Disgraced FTX founder Sam Bankman-Fried (SBF) will agree to a potential gag order and refrain from making any public statements related to FTX and the people involved in the lawsuit, Reuters reported. дальше »

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Miners are increasing their Bitcoin balances again

Bitcoin miners are the backbone of the cryptocurrency ecosystem due to their dual role of validating transactions and securing the blockchain. Their operational decisions, especially those related to their Bitcoin reserves, can substantially influence the market dynamics. дальше »

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Russia Moves Ahead With CBDC Plans as Vladimir Putin Signs Digital Ruble Bill

Russia is preparing to launch the pilot of its central bank digital currency (CBDC), the digital ruble, after President Vladimir Putin signed the related bill. The law is expected to take effect from August 1. дальше »

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Crypto Market Gripped by Weekend Hamster and ‘Animal Racing’ Fever 

A new website, Hamsters. gg, allows users to bet on hamster races using cryptocurrency, contributing to a surge in popularity for the related memecoin, HAMS. Critics accuse the project of being a scheme. дальше »

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Elon Musk Rebrands Twitter to X, Spurring Scores of Wannabe Tokens

One token zoomed 1,200% even though its related project closed in May, data shows. дальше »

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Scams, Crimes Related to Crypto Drop By 65% in First Half of 2023 Report Shows

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The spouses who laundered the cryptocurrency stolen from Bitfinex pleaded guilty

According to court documents, a New York couple accused of laundering $4. 5 billion worth of cryptocurrencies related to the hacking of the Bitfinex exchange in 2016 has entered into a plea agreement with the federal prosecutor’s office. дальше »

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Exploiters Steal Over $3.25 Million From DeFi Protocol

Conic Finance, a decentralized finance (DeFi) protocol, has lost over 1,726 Ethereum (ETH) worth approximately $3. 25 million due to a hack related to issues with the Oracle contract. The post Exploiters Steal Over $3. дальше »

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US lawmakers propose SEC chair consider legislation, not enforcement approach to crypto

Reps. French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity." дальше »

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Chinese Police Seize $160 Million Worth of Crypto In Cross-Border Gambling Crackdown

Chinese authorities have announced the country’s first-ever case of cryptocurrency confiscation through a court ruling. Related Reading: 78% Of Bitcoin Exchange Inflows Are Coming From Short-Term Holders: Glassnode According to a report, an investigation conducted by Chinese police has uncovered a large-scale cross-border online gambling case with a turnover of 400 billion yuan (approximately $56 […] дальше »

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Chainlink Price Pattern Formation: What It Means For Its Price Action

In recent trading sessions, Chainlink (LINK) has exhibited a bullish trend. It experienced a significant rebound from its $5 support level and has since continued on an upward trajectory. Related Reading: Litecoin Whales Deposit Big To Exchanges, Bearish Sign? Over the past week, LINK has surged more than 12%, although its daily chart indicates a slowdown in gains. дальше »

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Gary Gensler ‘disappointed’ in Ripple ruling regarding retail investors

U. S. Securities and Exchange Commission (SEC) chair Gary Gensler recently voiced his dissatisfaction with a court ruling related to the XRP token, as reported by Bloomberg on July 17. Gensler said that he is “disappointed” by Judge Analisa Torres’ declaration that sales of XRP tokens on retail exchanges did not constitute securities offerings. дальше »

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SEC Chair ‘disappointed’ by ruling in Ripple case

US Securities and Exchange Commission (SEC) Chair Gary Gensler has expressed disappointment over the recent court ruling related to XRP. The SEC boss was responding to a question on what impact the ruling had had on SEC’s regulatory approach. дальше »

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Hector Network Votes to Liquidate $16M Treasury Following Multichain, Fantom Losses

Hector Network's HEC and TOR tokens, and its treasury, suffered major losses related to Multichain. The project is based on Fantom. дальше »

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Scam Alert: SHIB Team Did Not Create UNLEASH Token – SHIB Army Beware

New scam token that claims to be related to Shiba Inu ecosystem has emerged, SHIB community gets warning дальше »

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Key Levels To Watch As Stellar (XLM) Price Surges Over 50%

The price of Stellar (XLM) has seen a significant surge in the last 24 hours, making it the second top gainer of the day after XRP. This rally could be attributed to Ripple Labs’ recent legal victory, which confirmed that XRP is not considered a security in the United States. Related Reading: Celsius Founder Alex […] дальше »

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