The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal SEC communications, inter-agency communications, and all documents related to digital assets, which the SEC deems […] Source: https://news.bitcoin.com/sec-challenges-coinbases-extensive-discovery-requests/
The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns. Source: https://cointelegraph.com/news/defi-protocol-hacker-siphons-2-1m-unizen-loot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin prices have seen flash crashes during each ghost month since 2017, and this year appears to be no different. Source: https://cointelegraph.com/news/bitcoin-ghost-month-start-20-btc-price-flash-crash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
PRESS RELEASE. Singapore, 7 August 2024 – KIP Protocol, the Web3 base layer for AI, announces the unanimous approval of its OCP-12 DAO proposal. This landmark decision allocates $10 million to KIP Protocol to reshape education through AI and Web3 technologies. In a strategic collaboration with Open Campus, KIP Protocol aims to impact over 250 […] Source: https://news.bitcoin.com/kip-protocols-10m-dao-proposal-approved-to-transform-education-for-250-million-students-globally/
AI-based DApps have not only overtaken gaming but also set the stage for future innovations in the decentralized application space. Source: https://cointelegraph.com/news/web3-growth-ai-dapps-capture-28-market-share?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national currencies without changing economic management practices. People often lose confidence in a currency when a central bank excessively prints money to pay debts and other obligations. De-Dollarization Hype Not Backed by Practical Action Sometime in […] Source: https://news.bitcoin.com/de-dollarization-faltering-in-africa-because-citizens-lack-confidence-in-their-national-currencies/
A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point. Source: https://cointelegraph.com/news/bitcoin-40k-price-bull-market-entry-10xresearch-crypto-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Standard Chartered subsidiary says it’s the first bank of its kind to offer spot Bitcoin and Ether ETF trading to customers. Source: https://cointelegraph.com/news/hong-kong-virtual-bank-mox-bank-launches-crypto-etf-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lubbock police in Texas have reported a notable increase in bitcoin-related scams, with victims losing significant amounts of money. Over the last few months, 20 to 30 individuals have come forward to report scams involving gift cards and bitcoin transactions. Scammers typically target the elderly, claiming their accounts have been compromised and require verification. Victims […] Source: https://news.bitcoin.com/surge-in-bitcoin-scams-hits-lubbock-police-warn/
As Kamala Harris campaigns for the presidency following President Joe Biden’s decision not to run, her stance on crypto remains unclear, though recent appointments hint at a potential shift towards a more favorable approach. Harris has tapped David Plouffe, a former Obama aide and previous member of the Binance Global Advisory Board, as her senior adviser for strategy, Reuters reported…
