Circle CEO: 70% of USDC adoption comes from outside the US
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing.
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Zoom updates terms after backlash, won’t train AI without consent
Many online said they were halting the use of Zoom over terms that seemingly allowed the platform to scrape user data to train AI models.
Paypal USD: Boon for Ethereum but not decentralization, says community
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC.
Blockchain.com scores payment license from Singapore central bank
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions.
Cypher Protocol freezes smart contract after an estimated $1M exploit
A crypto wallet suspected to be tied to the exploit shows it gained over $1 million in SOL and UDSC since the attack.
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express
Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.
BlackRock’s misguided effort to create ‘Crypto for Dummies’
Crypto doesn’t need BlackRock’s Bitcoin ETF. It undermines the basic tenets of cryptocurrency — from banking the unbanked to reducing global oppression.
Bitcoin funds see weekly outflows of $111M, most since March: CoinShares
Solana bucked the trend, with its $9.5 million in inflows taking the top spot over the past week.
Price analysis 8/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
Bitcoin’s failure to rebound off strong support may open further downside, as bears may be tempted to sell.
FTX has a plan, but creditors are not impressed: Law Decoded
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan.
Cathie Wood predicts SEC simultaneously allows multiple spot crypto ETFs: Report
ARK Investment Management is one of many firms looking for ways to offer U.S. investors exposure to crypto through exchange-traded funds.
Breaking: ‘All funds are at risk' — Steadefi exploited in ongoing attack
The leveraged yield aggregator confirmed on Aug. 7 that it was hacked and said it’s willing to discuss a bounty with the exploiters.
Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges
Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements.
UAE signs deal to develop carbon credit system on Venom Foundation blockchain
The UAE recently announced that it intends to reduce carbon emissions by 40% by 2030, a marked increase over its previous pledge.
Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?
Two investment moguls are betting on different directions for inflation and Treasury yields, with potentially negative impacts on Bitcoin.
Bitcoin faces ‘endless spot selling’ as BTC price dips below $28.7K
BTC price strength fails to sustain $29,000 support as the week begins with fresh weakness for Bitcoin.
Telegram crypto bots gain momentum in the market: Binance Research
Daily volumes of crypto trades on Telegram bots hit a record high of $10 million in July, according to a new report by Binance Research.
CoinsPaid claims North Korean hacking group used fake job interview to steal $37M
Hackers attempted to infiltrate CoinsPaid infrastructure directly starting in March 2023, but switched their approach to targeting individuals through fake high-salary job offers.
India House passes bill to ease Big Tech data compliance
The lower house in the parliament of India approved updates to a bill that would ease data storage, processing and transfer standards for Big Tech companies.
Singapore commits $112M to support fintech solutions like Web3
Singapore’s central bank recognized the importance of partnering with industry players to support solutions from emerging technologies like Web3.
Breaking: Paypal launches PYUSD stablecoin for payment
Payment processing giant PayPal started crypto payments in March 2020 and since then has been actively involved in the crypto payment sector.
Binance sold USDC for another stablecoin — Coinbase CEO
Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD.
Decentralized asset management system launches for Arbitrum, Optimism
Valio has launched publicly, allowing investors to back money managers through a decentralized process.
Worldcoin expects more companies to integrate in the coming months, says product head
The head of product at Tools for Humanity told Cointelegraph that Worldcoin is expecting more companies to integrate in the second half of the year.
Universities are ‘critical players’ for the future of Web3 — LBank Labs CEO
Czhang Lin said it’s important for universities to understand Web3 and guide students toward the right vision.
11 ChatGPT prompts for maximum productivity
Explore the transformative power of ChatGPT’s customizable prompts for professionals seeking maximum productivity.
Elon Musk rebrands Twitter Blue subscription services to X Premium
The Blue subscription was launched as a way for users to buy the blue checkmark for their profile but later evolved to share ad revenue as well.
Singapore Red Cross starts accepting crypto donations
Humanitarian aid and community services charity, Red Cross Singapore, included cryptocurrency as a newly-accepted form of donation.
BTC price meets CPI as volatility 'collapses' — 5 things to know in Bitcoin this week
Bitcoin is frustratingly calm and volatility is near historic lows — what could provide BTC price action with fresh fuel to discover a trend this week?
UK to expand crypto crime agency, hiring spree underway
The job involves investigating crypto fraud, money laundering and other blockchain-based crime performed by organized groups.