These crypto leaders had it all, but that couldn’t stop them from going to jail. Source: https://cointelegraph.com/news/crypto-execs-jail-regulation-law-crime?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Penpie protocol exploited, suffers $27M loss
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. Source: https://cointelegraph.com/news/penpie-protocol-exploited-suffers-27-million-loss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Starlink confirms it will block access to X in Brazil
The SpaceX subsidiary claimed the Brazil Supreme Court decision was “illegal,” but it would comply by suspending access to the social media platform. Source: https://cointelegraph.com/news/starlink-blocking-x-court-order-elon-musk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UN Raises Human Rights Concerns in Telegram Founder Pavel Durov’s Case
The United Nations has expressed serious concerns about the arrest and charges against Pavel Durov, founder of Telegram, citing potential human rights issues. A U.N. spokeswoman called for adherence to international human rights standards, emphasizing the need for legality and proportionality in regulating social media platforms. United Nations Raises Human Rights Concerns Over Arrest of […] Source: https://news.bitcoin.com/un-raises-human-rights-concerns-in-telegram-founder-pavel-durovs-case/
Bitcoin price loses traction as miner profits drop and spot BTC outflows persist
Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows. Source: https://cointelegraph.com/news/bitcoin-price-loses-traction-as-miner-profits-drop-and-etf-outflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Could Go Lower Despite Fed Rate Cuts, Analysts Say
As the cryptocurrency market anticipates potential Federal Reserve interest rate cuts, analysts are cautioning that Bitcoin (BTC) might experience a short-term decline, challenging the conventional wisdom that rate cuts are universally bullish for risk assets. According to a September 2 report by Bitfinex, Bitcoin prices have surged by as much as 32% since the August 5 lows, with global open…
Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out
With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump. Source: https://cointelegraph.com/news/coinbase-chief-legal-officer-kamala-harris-campaign-encouraging?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Altcoin Season Chatter Heats up on X, While Index Indicates It’s Still Far Off
Just ten days ago, Bitcoin.com News highlighted blockchaincenter.net’s Altcoin Season Index (ASI), which was sitting at a modest 22 out of 100. Fast forward to Sept. 3, 2024, and despite all the buzz about the elusive “altcoin season,” the ASI has dipped slightly, now standing at 18 out of 100. Altcoin Season Speculation Swirls on […] Source: https://news.bitcoin.com/altcoin-season-chatter-heats-up-on-x-while-index-indicates-its-still-far-off/
FOMO HOUR 192 – WTF IS ETHERVISTA
FOMO HOUR 192 – WTF IS ETHERVISTA OI continues to rise as BTC stabilises. BTC still best performing assets class this year. FTX to distribute $16bn to creditors starting in Q4. Qatar introduces regulatory framework for crypto. ETH L1s fees down 90%, L2 activity ATH. Base hits 14m monthly users, many may be Sybil. ETH is in death spiral: Krueger.…
Bitcoin falls alongside stocks following Bank of Japan rate hike comments
Bitcoin opens the week in the red as comments from the Bank of Japan and a sharp sell-off in equities markets negatively impact BTC price. Source: https://cointelegraph.com/news/bitcoin-falls-alongside-stocks-following-bank-of-japan-rate-hike-comments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound