SEC and Ideanomics settle crypto revenue reporting fraud charges
According to the report, all parties involved have agreed to settle the charges without admitting or denying the SEC’s findings
Posts published by Cointelegraph.com News 159/647
VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist
Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”
Bitcoin bull-bear cycle indicator flips bullish as price holds $60K
The Bitcoin bull-bear market indicator has turned green once more after Bitcoin's drop below $50,000 triggered its first bearish signal since January 2023.
AI offerings are a bad joke, and investors aren't laughing
Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn't stopped them from pushing for massive new investments.
IRS updates draft of crypto reporting form for US taxpayers
The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker type.”
Anthropic launches $15K jailbreak bounty program for its unreleased next-gen AI
The program will be open to a limited number of participants initially but will expand at a later date.
Increasing Ethereum network use strengthens the case for ETH price rally to $3K
Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000.
Crypto Biz: Massive inflows to exchanges amid market turbulence
This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave.
City of Santa Monica launches Bitcoin Office, plans October festival
The “Silicon Beach” wants to make sure Bitcoin has a place there, with help from a blue-collar-oriented nonprofit.
Will the Harris-Walz presidential campaign prioritize crypto policy?
With the US election in November and polls showing Harris in a dead heat with Donald Trump in battleground states, Democratic voices in the crypto industry are speaking up.
Scientists illuminate a path to quantum AGI with new light-based chips
Recent breakthroughs in photonic computing could finally make human-level AI possible.
Synthetix to add Chainlink when v3 exchange launches on Arbitrum
It could be followed with deployments on Optimism and Base.
Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform.
Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027
The small Central Asian country is currently taking public comments on its framework legislation.
Bitcoin’s V-shaped recovery could put BTC on path to new all-time high — Analysts
Bullish traders bought Bitcoin’s recent dip, possibly setting BTC on the way to a new all-time high.
Ripple begins testing RLUSD stablecoin on mainnet
Ripple believes the total stablecoin market will have swollen to $2 trillion by 2028 as demand for the low-volatility fiat-pegged tokens grows.
Bitcoin bear trap over? BTC price fractal hints at parabolic move next
Bitcoin still faces significant resistance at $62,000, and if it breaks, it could liquidate over $845 million of leveraged shorts.
MiCA regulation poses ‘systemic risk’ to banking system, says Tether CEO
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers.
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.
Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels.
Bitcoin whale games get traders nervous as 12K BTC appears for sale
Bitcoin order book action is currently marked by significant sell-side liquidity, but this could disappear at any time, analysis says.
10 signs you’ve been in the crypto industry too long
Discover the telltale signs of a true crypto veteran through market crashes, memecoins, and the highs and lows of digital gold.
Vitalik Buterin backs proposed ERC-7683 for cross-chain trade standards
ERC-7683 aims to standardize cross-chain trade execution, enhancing interoperability between decentralized networks.
Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space.
Bitcoin as a US reserve asset is ‘great for price’ but poses significant risks — Charles Hoskinson
While a strategic Bitcoin reserve may be good for price action, the US Treasury controlling 19% of the BTC supply raises unprecedented centralization concerns.
Tech firms pen letter to EU requesting more time to comply with AI Act
Tech companies release a joint letter requesting more time from the EU to comply with AI Act requirements, citing challenges due to the summer recess.
Elon Musk’s X suspends data collection for AI training, EU watchdog says
After proceedings in an Irish court, the local Data Protection Commission said X agreed to suspend processing personal data of EU users to train its AI system.
Thailand launches regulatory sandbox to test crypto services
Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more.
Tether mints $1.3B USDT since market bottom — Can it push Bitcoin above $65K?
The newly minted stablecoins could help push Bitcoin’s price above the $65,000 resistance, which is the short-term whale holder's realized price.
Nigerian activist battles for Bitcoin rights in major legal challenge
The outcome of this case could have significant implications for the future of cryptocurrency in Nigeria.