Rogue Pepecoin team members blamed for $16M PEPE multsig withdrawal
In an announcement to the PEPE community, it was claimed that three former members stole funds from the project and then handed over full control to the sole remaining member.
Brazil Proposes Plan to Settle Bilateral Trade With Argentina in Chinese Yuan
The government of Brazil has formally presented a proposal to Argentina to settle bilateral trade transactions in the Chinese yuan. The proposal, which would leverage resources in the Chinese credit swap line, aims to maintain trade between the…
Crypto builders should 'give up' serving US customers for 5 to 10 years — dYdX founder
The founder of dYdZX argued that early-stage crypto projects can scale faster by ignoring U.S. customers, as they won't have to deal with the hassles of the U.S. regulatory climate.
South African Official: Common Currency Requires Central Bank, Threatens Monetary Policy Independence
South Africa’s minister of finance has explained why he believes that no country is ready for a common currency, including a unified BRICS currency. “Setting up a common currency presupposes setting up a central bank, and that presupposes losing…
Mastercard and Binance Ending Partnership for Crypto Cards
Mastercard and crypto exchange Binance are ending their partnership for crypto cards. According to the payment giant, the decision will affect all four of Mastercard’s co-branded crypto card programs with Binance in Argentina, Brazil, Colombia, and…
XRP Price Faces Immense Sell Pressure That Could Trigger 20% Decline
Back in July when Judge Analisa Torres first declared XRP programmatic sales do not qualify as securities, the token price had rallied. However, now that the euphoria from the ruling has worn off and the United States Securities and Exchange…
JPMorgan Analysts: Crypto Bear Market on the Brink of Conclusion
A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou. The bank’s market experts suggest that there’s…
Sam Bankman-Fried's lawyers push for temporary release, object to prosecutors' proposed deal
The U.S. Justice Department has produced “millions of pages of documents" related to SBF's criminal case, which his lawyers claimed was too much to access from jail before trial.
XRP Epic Price Setup: Accumulation Surge Paves The Way For Imminent Price Blast
After a highly anticipated partial victory for Ripple Labs and XRP investors, the fifth-largest cryptocurrency has succumbed to the overall market downward trend, dampening the excitement following its July 13 triumph against the US Securities and…
Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify
This week's Crypto Biz explores the latest on Binance's global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify's take on USDC and China's blockchain data exchange.
Alleged former Worldcoin employee says they're in contact with authorities
The individual, whose Worldcoin employment could not be independently verified, claimed they witnessed “sloppy and/or illegal things” while working there prior to the token launch.
Robinhood accumulated $3B in Bitcoin in 3 months — What does this mean for markets?
Robinhood’s Bitcoin holdings could reshape the crypto landscape by supercharging the influence of retail investors and possibly creating new market risks.
Polymarket Wagers Favor Trump for Nomination; Ramaswamy’s Bid Gains Momentum
Following the initial Republican debate and an exclusive interview between Donald Trump and Tucker Carlson on the social media platform X, wagers on the decentralized prediction marketplace Polymarket suggest Trump is leading, with presidential…
Spanish central bank official talks about private payment services in era of digital euro
Banco de España Deputy Gov. Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial service providers.
JPMorgan Shares Prediction On Bitcoin’s Next Move: What You Need To Know
In the latest research report, financial giant JPMorgan Chase & Co. has recently shared its belief in Bitcoin and the crypto market. Bloomberg reported, citing data from the financial services firm, that the current downtrend phase in the…
Binance P2P removes sanctioned Russian banks from payments list
The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks.
Powell: More Rate Hikes May Be Needed to Curb Inflation
The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jackson Hole symposium, Powell…
Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a period of stability around the $26,000 mark following the recent speech by Federal Reserve Chair Jerome Powell. Powell reiterated the central bank’s commitment to…
Trump Mugshot Fuels NFT Sales: Ex-President’s Digital Cards Jump 426%
After a mugshot of the 45th U.S. president, Donald Trump, was snapped at Fulton County Jail in Atlanta, his NFT trading card sales skyrocketed. Cryptoslam.io data shows a whopping 426% surge in Trump’s digital card sales in just 24 hours…
PayPal's PYUSD struggles with early adoption — Nansen
PayPal's stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses. Early adoption trends paint a different picture.
Bitcoin Dips Below $26K, Smaller Cryptos Head Lower on Fed's Powell's Hawkish Remarks
Federal Reserve chair Powell speaking at Jackson Hole doubled down on keeping financial conditions tight, including hiking interest rates further if needed.
Binance Delists Sanctioned Russian Banks From Peer-to-Peer Service
Binance has cut ties with five sanctioned Russian banks that were listed on the exchange’s peer-to-peer service to let users transfer funds in rubles, the country’s native currency.
Donald Trump NFT prices spike following release of mugshot in Georgia criminal case
The former U.S. President returned to X for the first time since January 2021 to post his mugshot, which has now been thoroughly manipulated for memes by many users.
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