US dollar hits new 20-year high — 5 things to know in Bitcoin this week
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US dollar hits new 20-year high — 5 things to know in Bitcoin this week

Bitcoin (BTC) heads into the first week of September on a rocky road downhill after United States markets’ Jackson Hole rout. After the U.S. Federal Reserve reinforced hawkish comments on the inflation outlook, risk assets sold off across the board, and crypto is still reeling from the aftermath. A fairly nonvolatile weekend did little to improve the mood, and BTC…

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Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend
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Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend – Bitcoin News

An increasing number of financial and crypto pyramids targeting Russian investors have been opening physical offices in the country. The Central Bank of Russia has recently expressed concern over the trend which is seen as an indication that the fraudsters expect growing demand. Russian Crypto Scams Launch Offices to Lure More Investors In-person, Bank of Russia Says Financial pyramids and…

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Taco Bell wants you hitched in the Metaverse, Animoca Japan raises $45M and more
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Taco Bell wants you hitched in the Metaverse, Animoca Japan raises $45M and more

American fast-food chain Taco Bell and Metaverse platform Decentraland are teaming up to offer United States-based couples a chance to get married in the Metaverse. The chain has called for engaged couples to enter a competition to win the brand’s first legally-recognized Metaverse wedding package, with a ceremony and reception to take place in the virtual world of Decentraland. According…

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Bitcoin is ‘one of the worst cryptocurrencies' claims Cyber Capital founder
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Bitcoin is ‘one of the worst cryptocurrencies’ claims Cyber Capital founder

Founder and CIO of crypto-focused fund Cyber Capital Justin Bons have called Bitcoin “technically one of the worst cryptocurrencies,” and a “purely speculative asset without utility” in comparison to other cryptocurrencies due to its lack of technological progress. Bons added his two cents in an 11-part Twitter thread on Aug. 28, stating that Bitcoin and BTC’s value proposition has long…

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CoinEx Charity Delivers Warmth to Sick Children in Venezuela – Sponsored Bitcoin News
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CoinEx Charity Delivers Warmth to Sick Children in Venezuela – Sponsored Bitcoin News

sponsored On August 19, a group of loving volunteers visited Hospital Universitario Antonio Patricio de Alcalá (HUAPA) in Cumaná, Venezuela. Wearing costumes and acting as cartoon characters such as Spider-Man and Elsa popular with children, they shuttled between pediatric wards while carrying books and toys as gifts to sick children in the hospital. This is a charity event meticulously planned…

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Dubai Regulator Announces Virtual Assets Marketing and Advertising Guidelines
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Dubai Regulator Announces Virtual Assets Marketing and Advertising Guidelines – Regulation Bitcoin News

The Dubai virtual assets regulator, the Virtual Asset Regulatory Authority (VARA), has unveiled digital assets marketing and promotion guidelines that are applicable to any entity using Dubai-based media sites and publishing channels. The guidelines will “ensure factual accuracy, explicitly demonstrate any promotional intent, and in no way mislead on the guaranteed nature of their returns.” Guidelines Applicable to Dubai Licensed…

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Ava Labs CEO denies CryptoLeaks' claims as 'conspiracy theory nonsense'
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Ava Labs CEO denies CryptoLeaks’ claims as ‘conspiracy theory nonsense’

Ava Labs CEO Emin Gün Sirer has dismissed sensational allegations from CryptoLeaks that his company used litigation to “harm” competitors and fool regulators, labeling it as “conspiracy theory nonsense.” Sirer made the comments in an Aug. 28 Twitter post to his 280,500 followers, referring to an Aug. 26 article from CryptoLeaks alleging the company formed a “secret pact” with U.S.…

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18 'uncomfortable' truths about nonfungible tokens
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18 ‘uncomfortable’ truths about nonfungible tokens

Nonfungible token (NFT) analyst and blockchain detective “OKHotshot” has highlighted his picks for 18 of the most “uncomfortable truths” about the NFT industry. In a lengthy 20-part thread to his 45,000 followers on Twitter on Aug. 27, OKHotshot laid bare many of the issues currently plaguing the NFT industry, including irresponsible celebrity endorsements, hacking, and the kinds of projects that are…

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