This week’s Crypto Biz explores Pavel Durov’s arrest and consequences for Telegram, Nvidia’s earnings results, OpenSea’s Wells notice, Rhodium’s bankruptcy, BlackRock’s new crypto ETF and SxT Labs’ fundraising. Source: https://cointelegraph.com/news/crypto-biz-telegram-open-sea-authorities-radar?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Brazilian judge suspends X after Elon Musk refuses to name representative
Supreme Court Justice Alexandre de Moraes began investigating the spread of misinformation during the government of former Brazilian President Jair Bolsonaro. Source: https://cointelegraph.com/news/brazil-supreme-court-bans-twitter-elon-musk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 8/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s failure to maintain above $60,000 is pulling altcoin prices toward their recent swing lows. What will it take to turn the market around? Source: https://cointelegraph.com/news/price-analysis-8-30-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock’s Bitcoin ETF Marks First Loss Since May—Cause for Concern?
BlackRock’s spot Bitcoin exchange-traded fund (ETF) has experienced more than $13 million in net outflows, marking the first time since May the investment vehicle has lost more funds than it has gained. The Ishares Bitcoin Trust ETF (IBIT), which is the largest spot Bitcoin ETF by total assets, saw net outflows of roughly $13.5 million on Thursday, according to data…
Crypto ATMs: A Hotbed of Illicit Activity and Regulatory Crackdowns, Says Report
A recent TRM Labs report reveals that crypto ATMs have processed at least $160 million in illicit transactions since 2019, with 2023 alone seeing over $30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double that of the overall crypto industry, standing at 1.2% of total volume. Global […] Source: https://news.bitcoin.com/crypto-atms-a-hotbed-of-illicit-activity-and-regulatory-crackdowns-says-report/
Zero-day vulnerability in Chrome exploited by North Korean hackers
A hacker group is using its signature trojan malware to infect users of web browsers with Chromium engines. Source: https://cointelegraph.com/news/chromium-zero-day-exploited-north-korean-hackers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana Meme Coin Project Plans to Build a Church in Texas After Pivoting to Religon
The founder of Solana-based meme coin Church of the Smoking Chicken Fish has officially registered the project as nonprofit and plans to build a physical church in Texas. This comes after the token skyrocketed to a $130 million market cap, less than two weeks after being launched on Pump.fun. “We’re going to try to build a church in Marfa, Texas,”…
Hate speech and deepfakes threaten democracy and peace — UN secretary general
The United Nations says the focus is on artificial intelligence for 2024’s “Day of Democracy.” Source: https://cointelegraph.com/news/hate-speech-deepfakes-threaten-democracy-and-peace-un-secretary-general?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Broadening wedge or bull flag? Either way, Bitcoin appears to be losing momentum
Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question. Source: https://cointelegraph.com/news/broadening-wedge-or-bull-flag-either-way-bitcoin-appears-to-be-losing-momentum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined
Crypto hacks may surpass 2023’s record, with $1.2 billion already stolen, and Celsius is finally beginning to repay its creditors. Source: https://cointelegraph.com/news/crypto-hacks-surpass-1-2-billion-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound