$590M Silk Road Bitcoin sale unlikely, BTC bull rally far from over, and more: Hodler’s Digest Aug 11 – 17
US gov’t won’t sell $590M Bitcoin on Coinbase. Does Harris plan to continue Biden’s crypto crackdown? Hodler’s Digest
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America should learn from the optimism of HODLing
History is littered with failed predictions about the future of technology. Have we learned anything along the way?
Swiss tech firm launches AI made of human brain cells rental service
The organoids only live about 100 days, then, ostensibly, the AI dies.
Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs
Nicholas joins Meta as an executive mixed reality producer for entertainment experiences.
Coinbase CEO Brian Armstrong: AI ‘should have crypto wallets’
Armstrong’s statements come as Coinbase launches a $15K bot accelerator.
Why is Solana's Dogwifhat (WIF) memecoin crashing?
WIF price risks declining by another 48% due to the formation of a classic bearish reversal setup.
WazirX restores balances post-hack, withdrawal timeline unclear
The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges.
Spot Bitcoin ETFs attract investor interest despite August outflows
The positive inflows into ETFs from major players like Fidelity and BlackRock highlight the growing confidence in the investment vehicles.
World’s largest sovereign wealth fund Bitcoin exposure not ‘intentional’
If the fund was aiming to increase its Bitcoin exposure, there would be more “evidence of direct exposure initiatives,” according to an analyst.
US Marshals likely selling Silk Road Bitcoin, says lawyer
The lawyer’s claims spark questions about market stability amid the potential sale of Silk Road Bitcoin by the US Marshals.
Bitcoin $59K price may swing 'drastically’ amid election year parallels
If Bitcoin follows the same pattern as previous election years, August will be "nothing crazy," but a breakout may occur within a month or two, according to a crypto analyst.
Advisor holdings in Bitcoin ETFs rise, hedge fund stakes dip — Coinbase
Investment advisors are expanding their spot Bitcoin ETF holdings, but Coinbase warns that "large inflows" might not be seen immediately due to the slow summer period in the United States.
Crypto mixer founder argues 30-year prison sentence is ‘unwarranted’
In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service.
Dark DAOs: Vitalik Buterin explores ways to mitigate bribery threats
Proof of Complete Knowledge (PoCK) aims to prevent bribery attacks by ensuring real control over voting keys.
Styx Stealer malware exploits Windows vulnerability to ‘clip’ crypto
Styx Stealer steals data and can reroute crypto transactions coming from an infected computer to the bad actor’s wallet.
Franklin Templeton files S-1 for new crypto index ETF
Issuers are lining up for the next wave of cryptocurrency exchange-trade funds.
Tron network leads in stablecoin market share amid growing monthly transfer volume
Tron’s share of the stablecoin market continues to grow as the network’s adjusted transfer volume in USDT hit $384 billion in July.
Crypto Biz: Riot increases Bitfarms stake in takeover strategy
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil.
California removes teeth from AI law without addressing tech’s core concerns
The law appears more corporate-friendly, but the implications for consumers are a bit murkier.
Lower interest rates could be the key to DeFi summer: HashKey CEO
Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence.
AI researchers want to solve the bot problem by requiring ID to use the internet
The researchers based their ideas on “proof of personhood” technologies developed by the blockchain community.
Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance Redefined
Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun.
Texas Senator discloses up to $100K BTC after blockchain endorsement
After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.
VC Roundup: Crypto fundraising grows, but investors are more wary
This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge.
Price analysis 8/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.
Germany’s Information Security Office champions hardware wallets
According to a recent Chainalysis report, thefts resulting from crypto hacks and exploits have totaled $1.58 billion in 2024.
Bybit receives VASP, card operator registration in Argentina
Bybit’s registration as a virtual asset service provider was made possible by a law passed in July.
Goldman Sachs, Capula, Avenir were biggest BTC ETF buyers in Q2 — CoinShares
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.
NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes
Activity keeps heating up around Bitcoin and Ether ETF options.
US Financial Services Committee leaders want ‘regulatory sandboxes’ for AI
In a letter signed only by republicans, the committee responded to a request for information sent by the Department of the Treasury.