Ronaldo hints at NFT plans, and will the metaverse be a ‘tax haven?’: Nifty Newsletter
Soccer star Cristiano Ronaldo took a lie detector test to celebrate the launch of his latest NFT collection in July.
Posts published on September 6, 2023 go to media archive 2/4
Binance creates smart contract to refund users affected by $3M rug pull
After the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets.
Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday.
FASB Says Crypto Assets Should Be Marked at Current Values
The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial…
Cathy Wood's ARK Invest Files for First Spot Ether ETF
The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.
Financial privacy and regulation can co-exist with ZK proofs — Vitalik Buterin
A new paper co-authored by Ethereum’s Vitalik Buterin highlights the use of zero-knowledge proofs as a tool for regulatory compliance and on-chain privacy.
Tornado Cash co-founder pleads not guilty to all charges: Report
Roman Storm, facing charges related to Tornado Cash allegedly facilitating money laundering, has been free on bail following his arrest by U.S. authorities in August.
Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin and several major altcoins continue to show weakness, but a few data points do favor bulls in the short term.
Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height…
HashKey signs MOU for crypto exchange insurance
The policy would potentially cover both the exchange's hot wallets and cold storage addresses.
The Protocol: Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted
What is a blockchain “sequencer?” Here’s why you need to know
Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?
After bankruptcies tore apart the crypto lending, the industry is attempting to rebuild in a sustainable and accountable manner.
PERP Spikes 90%, Perpetual Protocol Foundation Sends Tokens To Binance: Is This Good
PERP, the native token of Perpetual Protocol, is one of the top-performing assets, looking at price action in the past 48 hours. As of September 6, the token is changing hands at $0.78, adding roughly 90% from August 2023 highs. Amid this stellar…
Base's 'Onchain Summer' saw over 700K NFTs minted from 268K users in August
The "Onchain Summer" promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August.
Bitfinex’s Resilience: Tracing its Transformation Throughout Crypto History
Bitfinex, the pioneering cryptocurrency exchange, emerged in 2012, establishing itself as a trailblazer in the industry. With a resolute goal of offering a resilient trading platform for Bitcoin and other cryptocurrencies, Bitfinex swiftly garnered…
US Senate confirms Philip Jefferson as Federal Reserve vice chair
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under Chair Jerome Powell at the central bank until 2036.
FASB Votes In Favor of Fair Value Accounting For Bitcoin
In a long-anticipated move, Bloomberg Tax reported that the Financial Accounting Standards Board (FASB) is set to introduce new fair value accounting rules for Bitcoin and other cryptocurrencies. These new rules aim to provide a more accurate…
$21 Million in ‘Sleeping Bitcoins’ Awaken After Years of Dormancy
Ethereum's Vitalik Buterin Argues for Blockchain 'Privacy Pools' to Weed Out Criminals
The paper argues for “privacy pools,” a blockchain tech feature that would enhance the privacy of user’s transactions while also distinguishing criminal activity from innocent funds.
Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges
Tornado Cash developer Roman Storm pleaded "not guilty" to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion in a court appearance Wednesday.
Google will allow ads for NFT games starting Sept. 15
The new updates to the cryptocurrency ads policy allow for NFT gaming ads, provided the games and ads don’t promote gambling.
Bitcoin MVRV At Critical Support Line, Will Retest Be Successful?
On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) ratio is nearing a retest that could be crucial for the asset. Bitcoin MVRV Ratio Is Nearing In On The 1.2 Level As an analyst in a CryptoQuant Quicktake post explained, the 1.2…
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
The fundraise comes as interoperability protocols have attracted investors, despite the bear market.
Why Wealth Managers Are Choosing These Crypto Accounts
Separately managed accounts have seen explosive growth in TradFi, and there are benefits in crypto, too.
DeFi and Credit Risk
As a potentially disruptive sector, DeFi must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption.
Waiting For Confirmation: Bitcoin Optech’s Series On Mempool And Policy
Much of the discussion about Bitcoin technology lately revolves around various soft-fork consensus changes to the Bitcoin protocol including new opcodes or sighashes or around layer 2 technologies like Lightning. Discussion of mempool or policy…
Biggest Movers: SHIB Hovers Higher, Despite Market Consolidation
Shiba inu was a notable gainer in today’s session, as the cryptocurrency rose for a second straight session. The global market cap is marginally higher at the time of writing, as prices mostly consolidated. Solana retreated from a near one-week…
Alex Mashinsky's assets frozen by US court as part of criminal case
The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform.
‘Sequencers’ Are Blockchain’s Air Traffic Control. Here’s Why They’re Misunderstood
Leading rollup operators are criticized for using "centralized sequencers" to package transactions and pass them down to Ethereum, but the real risks may lie elsewhere.
UK Charity The Great North Air Ambulance Services Partners With CoinCorner To Accept Bitcoin Donations
Today, the Great North Air Ambulance Service (GNAAS), a vital air ambulance charity serving the North East, North Yorkshire, Cumbria, and the Isle of Man, has teamed up with CoinCorner, a leading Bitcoin and Lightning service provider, to accept…