20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats
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20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats

The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il, and Japan’s Kumagai Naoki, the meeting focused on North Korea’s cyber activities, including revenue generation through […] Source: https://news.bitcoin.com/20-government-agencies-in-us-south-korea-and-japan-tackle-north-korean-crypto-threats/

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Arthur Hayes’ ‘sub $50K’ Bitcoin call, Mt. Gox CEO’s new exchange, and more: Hodler’s Digest, Sept. 1 – 7

Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest Source: https://cointelegraph.com/magazine/arthur-hayes-bitcoin-50k-price-mt-gox-mark-karpeles-crypto-exchange-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Elon Musk Agrees to Head Donald Trump’s D.O.G.E. Government Efficiency Commission
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Elon Musk Agrees to Head Donald Trump’s D.O.G.E. Government Efficiency Commission

Former U.S. President Donald Trump has announced a plan to create a government efficiency commission led by Tesla CEO Elon Musk if re-elected president. This commission would conduct a financial and performance audit of the entire federal government. Musk is pushing the idea of the Department of Government Efficiency (D.O.G.E.), emphasizing concerns about government overspending. […] Source: https://news.bitcoin.com/elon-musk-agrees-to-head-donald-trumps-d-o-g-e-government-efficiency-commission/

Fed Report Explores How Crypto Price Changes Affect Ownership
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Fed Report Explores How Crypto Price Changes Affect Ownership

A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged. The report suggests further research into consumer behavior in response to market fluctuations […] Source: https://news.bitcoin.com/fed-report-explores-how-crypto-price-changes-affect-ownership/

Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement
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Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement

Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden administration’s stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S. Securities and Exchange Commission (SEC) […] Source: https://news.bitcoin.com/kamala-harris-gains-ripple-co-founder-chris-larsens-endorsement/

Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve
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Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve

Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans, that protected their wealth from rampant hyperinflation and announced a bitcoin donation campaign to help them in their democratic […] Source: https://news.bitcoin.com/venezuelan-opposition-leader-proposes-establishing-a-bitcoin-reserve/

Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility
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Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility

In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day, with users discussing the likelihood of an economic downturn. Social Media Buzzes […] Source: https://news.bitcoin.com/recession-concerns-ignite-amid-us-economic-slowdown-and-market-volatility/

Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
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Bitcoin Hashrate Hits Record High as Prices Drop Below $55K

As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday, a slight bump of 2 EH/s over the previous […] Source: https://news.bitcoin.com/bitcoin-hashrate-hits-record-high-as-prices-drop-below-55k/

Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale
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Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale

The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node sale in the Solana ecosystem. The sale offers participants access to Sonic’s Solana Virtual Machine (SVM) technology and a potential opportunity to earn tokens. Sonic SVM Unveils Hyperfuse Nodes According to the announcement shared with […] Source: https://news.bitcoin.com/sonic-svm-announces-launch-of-hyperfuse-nodes-in-solanas-first-node-sale/