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Indian Court Orders Scam Websites Using Crypto Exchange Mudrex's Name to Be Taken Down

[Aug 29, 2024 9:47 AM] Indian cryptocurrency exchange Mudrex won a court order telling the country's Ministry of Communication to take down as many as 38 websites that were exploiting the company's name to carry out scams.

Polymarket Bettors Miss Out on $270K Due to Pavel Durov's Early Release

[Aug 29, 2024 8:18 AM] Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.

TON Back Online After Second Outage

[Aug 29, 2024 3:15 AM] TON says its core developer team is looking into why the DOGS token continues to crash the chain.

Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade

[Aug 28, 2024 9:44 PM]

France Charges Telegram’s Pavel Durov, Sets Bail at €5 Million

[Aug 28, 2024 9:10 PM] Telegram’s founder and CEO, Pavel Durov, is still in hot water in France, facing multiple criminal charges linked to activities on his messaging platform. The French court reportedly set his bail at €5 million, and he’s now prohibited from leavingâ€

Telegram-Linked TON Blockchain Suffers Second Outage

[Aug 28, 2024 8:06 PM] Once again, the DOGS token is gumming up the works.

Lightspark Introduces Instant Bitcoin Lightning Payments for U.S. Businesses with New Feature

[Aug 28, 2024 7:07 PM] Lightspark, a leading Bitcoin Lightning Network payments company, has announced the launch of Lightspark Extend, its new solution that allows businesses to facilitate instant Lightning payments to eligible account holders in the United States. NOW…

Bitcoin Runes records 15.6M NFT transactions, weekly volumes turn positive: Nifty Newsletter

[Aug 28, 2024 7:01 PM] Bitcoin Runes has recorded 15.6 million transactions and generated $162.4 million in fees in four months. 

Protocol Village: Proof of Play Adds 'Boss' as 2nd Arbitrum Orbit Chain, Lombard Launches LBTC

[Aug 28, 2024 7:00 PM]

The Protocol: The Impact of Telegram CEO's Arrest on TON Blockchain

[Aug 28, 2024 6:00 PM] Blockchain analysts are reminding investors how closely the messaging app Telegram, whose just-arrested CEO Pavel Durov awaits a hearing in a French court, is intertwined with the fate of TON blockchain and its native cryptocurrency, toncoin. ALSO…

Solving Fragmentation Is Next Blockchain Race as Layer 2s Multiply, ZKsync Developer Says

[Aug 28, 2024 5:40 PM]

Advocates at Stand With Crypto Seek to Turn Crypto Enthusiasts Into Swing-State Voters

[Aug 28, 2024 4:34 PM] Stand With Crypto is the political cheerleading arm of the crypto industry's increasingly high-powered effort to insert itself into the 2024 election, and it's starting a multi-state tour on Sept. 4 with the hope of translating its 1.3 million…

Bitcoin Bounce Fizzles as Nvidia's Slide Ahead of Earnings Adds to Risk-Off Mood

[Aug 28, 2024 3:58 PM] Ether's year-to-date gain has narrowed to less than 10% in crypto's latest price tumble.

Binance CEO Teng Rejects Allegations the Exchange Froze All Palestinians' Funds

[Aug 28, 2024 3:56 PM] The crypto exchange complies with anti-money laundering legislation, he said.

Coinflip Expands Cryptocurrency ATM Services to Mexico

[Aug 28, 2024 3:30 PM] Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s entry into the Canadian…

Remembering Hal Finney: A Decade Since His Passing, His Legacy in Bitcoin Lives On

[Aug 28, 2024 3:22 PM] Today marks the tenth anniversary of the passing of Hal Finney, a renowned cryptographer and computer scientist who played a pivotal role in the early days of Bitcoin. Finney, who passed away in 2014 due to complications from ALS, is celebrated for…

Blur, Tensor Tokens Dip After NFT Marketplace OpenSea Receives SEC Wells Notice

[Aug 28, 2024 3:10 PM] The SEC alleged in the Wells notice that NFTs sold on OpenSea are securities, the OpenSea CEO said earlier Wednesday.

Telegram CEO Pavel Durov Set to Appear in French Court After Weekend Arrest

[Aug 28, 2024 2:38 PM] The head of the popular social-media and messaging platform was arrested on Saturday as part of an investigation into money laundering, drug trafficking, child pornography and non-cooperation with law enforcement crimes.

OpenSea Gets 'Wells Notice' From SEC, Which Calls NFTs Sold on Platform 'Securities'

[Aug 28, 2024 2:12 PM] "We're shocked the SEC would make such a sweeping move against creators and artists," says CEO of OpenSea

Ether Spot ETF Flows Have Underwhelmed Versus Bitcoin: JPMorgan

[Aug 28, 2024 1:55 PM] Spot ether exchange-traded funds have seen net outflows of $0.5B since their launch, the report said.

CoinDesk 20 Performance Update: Index Tumbles 3.2%, With RNDR the Only Asset to Advance

[Aug 28, 2024 1:34 PM] RNDR was the lone gainer while MATIC and NEAR suffered steep losses of 8.9% and 7.5% respectively.

Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects

[Aug 28, 2024 1:00 PM] Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).

WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action

[Aug 28, 2024 12:13 PM] Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.

Bitcoin ETFs Saw the Largest Outflow in Over Three Weeks

[Aug 28, 2024 12:06 PM] U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since Aug. 6. The outflow ended an eight-day streak of positive inflows totalling $756 million.On Tuesday…

First Mover Americas: TON Blockchain Resumes After 6-Hour Outage

[Aug 28, 2024 12:05 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Institutional Investors Continue to Increase Digital Asset Allocation: Economist Report

[Aug 28, 2024 12:00 PM] The report, commissioned by OKX, shows that a growing number of institutional investors are examining new digital asset products for their portfolio

Hong Kong Markets Authority Opens Its Tokenization Sandbox and Major Institutions Dive In

[Aug 28, 2024 11:39 AM] HSBC bank completed three proof of concepts in Hong Kong's Ensemble sandbox.

Cardano Blockchain Heads for 'Chang Hard Fork,' Biggest Upgrade in Two Years

[Aug 28, 2024 11:00 AM] The main feature of the upgrade is to give Cardano the ability to introduce on-chain governance features.

Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police

[Aug 28, 2024 7:16 AM] Australia's national police agency has warned that Australians lost at least Australian dollars 180 million of cryptocurrency ($122 million) in investment scams in just 12 months, "urging all to be extra aware of the proliferation and…

Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online

[Aug 28, 2024 6:54 AM] Toncoin's TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted.