Cantor Fitzgerald CEO to co-lead Trump transition team
The financial services company has managed the treasury portfolio for stablecoin issuer Tether since 2021.
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Bitcoin price stumbles as gold price hits $2.5K for the first time ever
Bitcoin could hardly look less like gold as sideways BTC price moves meet all-time highs.
Bitcoin is back in ‘accumulation’ — What does it mean for BTC price?
Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700.
Ronin bridge hack caused by error in upgrade deployment script — Verichains
The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw “without signature.”
DeFi market stages a comeback as derivatives surge
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition.
How BitTorrent Chain is advancing blockchain interoperability
With 6,200 stakers and 39.9 trillion BTT locked, the BitTorrent Chain is already thriving and is set to supercharge Tron’s DeFi ecosystem with fast, low-cost cross-chain transfers.
Malaysia adopts Worldcoin for personal verification and digital ID
Malaysia aims to tackle national challenges and unlock economic opportunities by adopting cutting-edge biometric verification technology.
Bitdeer to expand operations with $150M convertible notes offering
Bitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering.
Does Hong Kong have issues with USDT and USDC? OSL exec weighs in
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.
Institutional adoption of Bitcoin ETFs surges 27% in Q2
Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs.
Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant
Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes.
South Africa’s new AI framework sets foundation for tech leadership
As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy.
Bitcoin Spot ETFs net $11M inflow, despite GBTC loss
Despite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows.
Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption
Coinbase’s step marks the latest significant institutional entrant to the field of BTCFi.
Bitcoin price bounces 4% as triple ‘death cross’ sparks sub-$50K warning
BTC price weakness sees negative funding rates and a distinctly risk-off mood among Bitcoin traders.
Dubai court recognizes crypto as a valid salary payment
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions.
Arbitrum DAO boosts ARB utility with staking and governance upgrades
The DAO bolsters its framework and community by enabling ARB staking and enhancing token utility and security.
Bank of Ghana unveils draft rules for cryptocurrency exchanges
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures.
World’s 3rd-largest public pension fund buys $34M of MicroStrategy shares
South Korea’s public pension fund has just increased its crypto exposure by buying tens of thousands of shares in MicroStrategy.
Institutions not so interested in Bitcoin at $58K, metric shows
10x Research’s Markus Thielen says one stablecoin metric is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now.
Meta denies claim more than half of Facebook crypto ads are scams
Australia’s competition watchdog has claimed 58% of crypto ads on Facebook are scams; Meta says the data is old and unreliable.
Donald Trump raked in over $7M from NFTs, new disclosure shows
Former president Donald Trump disclosed that he owns up to $5 million in crypto and has earned over $7 million from his three NFT collections.
Bitcoin has room to fall amid ‘unusual’ open interest — CoinGlass
Total open interest on Bitcoin futures hit $29 billion on Aug. 16 despite Bitcoin’s price decline.
San Fran city attorney sues sites that ‘undress’ women with AI
Dek: AI-powered websites allowing users to create nonconsensual nude photos of women and girls were visited 200 million times in the first half of the year.
‘I’m not leaving’ — Megaupload’s Kim Dotcom to fight US extradition
“I love New Zealand. I’m not leaving,” said Bitcache and Megaupload founder Kim Dotcom on X after the New Zealand Justice Minister signed off on a United States extradition order.
Bitcoin critical indicator prints ‘bearish cross’ as it sinks below $58K
The crossing of this indicator on two different timeframes has signaled to traders that short-term performance may be weakening, sparking fear in the market.
Bitcoin sidechain creators tout new ‘permissionless’ version BitVM2
Robin Linus has unveiled a new whitepaper for BitVM2 and BitVM Bridge, two new developments that offer significant improvements to the original version of BitVM.
ZachXBT claims 21 North Korea crypto devs are making $500K a month
Onchain sleuth ZachXBT claims to have found a network of North Korean developers who have been working on dozens of crypto projects.
IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives.
Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express
Low user numbers and sex predator scandals are killing South Korean metaverses, 3AC sues Terra, Malaysian crypto kidnappings. Asia Express.