More than a million people tuned in to listen to former President Donald Trump speak to Tesla’s Elon Musk during a Spaces interview on Twitter on Monday, with many from the crypto community expecting fresh words directed toward the industry. While the pair discussed a range of well-worn narratives, including securing the U.S.’s Southern border, Russia’s 2022 invasion of Ukraine,…
Month: August 2024
Investors flock to ETH products over BTC as markets recover: CoinShares
Ethereum funds also lead Bitcoin ETPs on monthly performance with $150 million in inflows so far this month. Source: https://cointelegraph.com/news/investors-flock-ether-products-over-btc-as-markets-recover-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canto blames ‘secondary effects’ as chain halts again 90 mins after restart
The Canto blockchain has gone down again after briefly resuming. The team is currently working on a fix for the newly emerged issue. Source: https://cointelegraph.com/news/canto-blames-secondary-effects-chain-halts-after-restart?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Malaysian Police Hunt 4 Suspects in Kidnapping Case Involving $1.2M Crypto Ransom
Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while 14 others involved have been apprehended […] Source: https://news.bitcoin.com/malaysian-police-hunt-4-suspects-in-kidnapping-case-involving-1-2m-crypto-ransom/
SunPump Beta Launches on TRON, Driving Innovation in Meme Coin Development
PRESS RELEASE. Singapore, August 13, 2024 – SUN.io, a leading DeFi platform on TRON, is thrilled to announce the launch of SunPump Beta, the first dedicated platform for the fair launch and trading of meme coins. SunPump offers creators an accessible, low-cost way to launch their own meme coins in a secure and user-friendly environment. […] Source: https://news.bitcoin.com/sunpump-beta-launches-on-tron-driving-innovation-in-meme-coin-development/
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue. Source: https://cointelegraph.com/news/terawulf-q2-earnings-bitcoin-mining-slides-plans-ai-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Thai SEC Launches Digital Asset Regulatory Sandbox
The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by accommodating six specific digital asset-related services, including exchanges and custodial wallet providers. Thai SEC Launches Digital Asset Regulatory Sandbox The […] Source: https://news.bitcoin.com/thai-sec-launches-digital-asset-regulatory-sandbox/
Patent at Crux of MakerDAO Lawsuit Purchased, Ending Crypto Tech Dispute
The DeFi Education Fund (DEF) on Monday reached an agreement with True Return Systems (TRS) to purchase a patent for oracle-like technology. The disputed patent was at the heart of two legal complaints against MakerDAO and Compound, a pair of decentralized finance protocols. An oracle is an entity that connects a blockchain to an external system, such as a digital-asset…
Musk claims X hit by ‘massive DDoS attack’ delaying Trump interview
Many X users have complained they have been unable to join the livestream of Elon Musk’s scheduled interview with Donald Trump on the platform. Source: https://cointelegraph.com/news/musk-claims-x-ddos-attack-during-trump-interview?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra
New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into the platform’s alleged violations of state securities laws. Affected investors will receive refunds, with crypto assets being converted to U.S. dollars. New Jersey Investors […] Source: https://news.bitcoin.com/new-jersey-regulators-urge-crypto-investors-to-withdraw-funds-from-abra/