Gemini files brief in lawsuit against SEC, requests to keep it simple
In a recent court filing, Gemini continues to press for dismissal in its lawsuit against the SEC, citing unclear allegations and shifting arguments.
Posts published on August 19, 2023 go to media archive 1/2
Dollarization Can Lead to ‘Economic Contraction and Collapse’ of Argentine Economy — Former US Treasury Official
BRICS Expansion Will Speed Up De-Dollarization, Chinese Expert Says
As more countries join the BRICS economic bloc, there will be a significant increase in settlements using national currencies, leading to an acceleration in the de-dollarization process, a Chinese expert says. “For most developing countries…
Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko
According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin mining, based on household electricity costs.
Economist Lord Jim O’Neill Calls BRICS Currency Idea ‘Ridiculous’ — Says China and India Never Agree on Anything
Lord Jim O’Neill, the British economist credited with coining the acronym BRIC, calls the creation of a common BRICS currency “ridiculous,” emphasizing that the BRICS nations have “never achieved anything since they first started meeting.” H
Bankman-Fried Wants to See His Lawyers Outside Jail Five Days a Week
FTX founder Sam Bankman-Fried (SBF) is asking to be released from jail five days a week to work on his defense for the fraud trial against him set to begin in October. On Friday, Bankman-Fried’s lawyers complained to a judge in Manhattan that the…
Ethereum Whale Avoids Market Crash, Do They Know Something You Don’t?
While the broader cryptocurrency market recently took a nosedive, some mysterious Ethereum whale successfully escaped with $41 million worth of ETH. Days later, the price of ETH went down, along with BTC and other cryptocurrencies. Did this whale…
SEC seeks appeal over Ripple, crypto prices plunge and EU debuts Bitcoin ETF: Hodler’s Digest, Aug. 13-19
SEC files motion for appeal on Ripple’s case, Bitcoin and Ether prices plunge and Europe welcomes first spot Bitcoin ETF.
Ethereum Gears Up for ‘Holesky’ Testnet Launch With 1.6 Billion Testnet Ether
Ethereum developers plan to roll out a new testnet named Holesky, intending to bring 1.6 billion Holesky testnet ether to the network. The core devs of Ethereum highlighted that 1.4 million validators were evaluated for Holesky, with the aim of…
The $200 Million BNB Bridge Exploiter Just Got Liquidated On Venus
According to Coinglass, the crypto market witnessed more than $1.04 billion in liquidations during this period. Of this, a BNB position on the Venus lending protocol belonging to the perpetrator of the BSC bridge $560M hack was liquidated. The BSC…
US Court Classifies Tornado Cash as ‘Person’ in Verdict Echoing Ooki DAO Designation
A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a…
DeFi protocols Exactly, Harbor hacked in separate attacks
A fresh round of attacks targeted the DeFi ecosystem on Aug. 18. The Exactly protocol was exploited for nearly $7.3 million, while the Harbor's team is still estimating the amount stolen.
Elon Musk Shows Public Support For Pro-Crypto Presidential Candidate
X (formerly Twitter) owner Elon Musk is known to have an underlying interest in politics and cryptocurrencies. And this time around, the world’s richest man has showered praises on a pro-crypto candidate. Elon Musk Compliments Pro-Crypto Ramaswamy…
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
Ether Futures ETFs could all get approval at same time: Report
At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States.
China facing deflation may be bad news for Bitcoin
Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin.
Shiba Inu Whale Transfers 4.6 Trillion Tokens After A 24-Hour Safekeeping
Shiba Inu (SHIB), a meme-inspired cryptocurrency, has seen a notable increase in high-value transactions, with each one costing $1 million or more. Following a strong price increase in the first half of August, this spike in transactions clearly…
Worldcoin’s Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets
In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alone, it saw a decrease of…
Ordinals Sales In Freefall: 97% Decrease Sparks Worries About Bitcoin NFT’s Extinction
Bitcoin Ordinals, once the shining star of the NFT world, is experiencing a significant downturn in both sales volume and transactions, igniting discussions about the lasting appeal of these digital collectibles. According to a recent report from…
Biggest Movers: XLM, DOGE Rebound on Saturday, Following Recent Market Sell Off
Stellar was a notable mover during Saturday’s session, as the token returned to the green to start the weekend. Prices recently fell lower for six straight days, however, bulls have reentered the market snapping this streak in the process…
The ultimate guide to password management for crypto enthusiasts
Explore strong password creation, management and advanced protection techniques to secure crypto holdings.
Binance In Murky Waters? Analyst Explains Why BNB Must Stay Above This Price
The last few days have been eventful for the crypto market following a major crash on Thursday that resulted in the loss of $1 billion in market cap. In another unnerving development, it appears that Binance, the world’s largest exchange, may be in…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Seek Support Level, Following Worst Selloff Since FTX Crisis
Bitcoin started the weekend trading below $26,000, as the cryptocurrency had its worst week since the collapse of FTX. Market sentiment was bearish following reports that Spacex liquidated its bitcoin holdings. Ethereum remains below $1,700…
Solo Climber: The Lone Crypto Surging 11% In Top 100 Roster On A Weekend
Injective (INJ) has defied the prevailing downward trend to secure significant gains. While most crypto assets experienced losses, INJ has emerged as the sole gainer among the top 100 cryptocurrencies. The cryptocurrency’s price climb comes…
Zetachain Raises $27 Million to Develop a ‘Chain to Manage Them All’
Zetachain, a project that seeks to build one chain to interoperate with all other blockchains, announced it raised $27 million in a Series A funding round. Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, and Jane Street Capital, among…
OpenSea Makes Shift To Optional Royalty Model – A Deal-Breaker For Yuga Labs?
Elon Musk praises pro-crypto Republican presidential candidate
The Tesla and SpaceX CEO said Republican party presidential candidate Vivek Ramaswamy is “very promising.“
What is OpenAI code interpreter, and how does it work?
Discover the OpenAI code interpreter, an AI tool that translates human language into code. Learn about its functions, benefits and drawbacks in this guide.
Litecoin Price Plunges To Sub-$70 Territory – What Traders Should Expect
Sam Bankman-Fried requests weekday freedom for legal defense work
Lawyers for SBF stated that their client faced difficulties thoroughly reviewing the extensive documentation related to the case while confined to the detention center.