Decentralized exchange dYdX founder, Antonio Juliano, suggests that crypto builders should focus on serving markets outside the United States for the next five to 10 years due to regulatory uncertainty and better opportunities overseas.
Former FTX Digital Markets co-CEO Ryan Salame has pleaded guilty to charges related to defrauding the United States Federal Election Commission and operating an unlicensed money-transmitting business, and will remain free on a $1 million bond until his sentencing hearing in March 2024.
Tech giant Apple has lost $200 billion in market value over the past two days after China banned its government from using iPhones, resulting in a 3.4% drop in shares and making Apple one of the worst performers in the Dow Jones Industrial Average.
Tornado Cash developers Roman Storm and Roman Semenov have been charged with money laundering and sanctions violations, with Storm already being arrested, as the US Department of Justice alleges that over $1 billion in transactions passed through the privacy mixer, including funds for North Korea's Lazarus Group.
Cryptocurrency exchange Binance is discontinuing its crypto-backed debit card service in Latin America and the Middle East, affecting less than 1% of its users in those regions, without stating a reason for the decision.
The founder of CryptolawUS, John Deaton, criticizes the SEC for its "aiding and abetting" allegations against Brad Garlinghouse and believes that involving former SEC executives earlier could have prevented the situation; he also argues that time and resources could have been better used for promoting cryptocurrencies rather than engaging in litigation.
The FBI has identified the Lazarus Group as the North Korea-linked hacker collective responsible for stealing $41 million in cryptocurrencies from Stake.com, emphasizing the ongoing threat posed by state-sponsored hackers to the crypto industry.
The United States House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion will hold a hearing on September 14 to discuss central bank digital currencies (CBDCs) and potential private sector alternatives, marking the first time in months lawmakers will address the issue.
XRP, Chainlink, and Dogecoin are the top 3 cryptocurrencies to watch during a potential crypto market downturn, with XRP offering potential returns, Chainlink's critical role in the oracle sector, and Dogecoin's potential integration into Elon Musk's future plans.
Grayscale Bitcoin Trust (GBTC) has seen positive market trends and narrowing discounts to net asset value after a recent court victory, indicating a potential shift towards becoming a spot Bitcoin exchange-traded fund (ETF), according to Ark Invest.
The founder of the collapsed Turkish crypto exchange Thodex and his siblings have been sentenced to 11,196 years in prison and a fine of $5 million for their involvement in the scam that left over 400,000 members without access to $2 billion in cryptocurrencies.
Mastercard and Binance will terminate their crypto card programs in several countries from September 22.
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Brazilian crypto asset management firm, Hashdex, has submitted an application to the SEC for approval to operate a Bitcoin exchange-traded fund (ETF) using spot Bitcoin acquired within the regulated CME market, in contrast to other firms' strategies of surveillance-sharing agreements with Coinbase, which it claims may not address the SEC's concerns.
Coinbase Global is expanding its digital asset lending services, which could have implications for its stock and the crypto economy.
Thodex founder Faruk Fatih Özer has been sentenced to 11,196 years in prison by a Turkish court for charges including fraud and money laundering, after fleeing the country in 2021 and being detained in Albania in August 2022.
Thailand's government voted in favor of Srettha Thavisin, who has experience in the cryptocurrency industry, to become the country's next Prime Minister, potentially signaling a change in the country's approach to the sector.
Ripple has acquired Nevada-based chartered trust company Fortress Trust, adding to its list of regulatory licenses and furthering its goal of being a comprehensive solution for blockchain-based financial services.
Apple has issued security updates to fix two zero-day exploits that could be used by attackers to steal cryptocurrency, prompting the CEO of Binance to urge users to update their devices immediately.
The BRICS alliance could gain control of the majority of the world's oil and gas trade by including Saudi Arabia and the United Arab Emirates, which could lead to a shift away from the USD and the de-dollarization of the oil economy.
A botnet powered by ChatGPT, called Fox8, was discovered on social media platform X (formerly Twitter), using auto-generated content to trick users into clicking links to cryptocurrency websites, indicating the potential for more sophisticated botnets utilizing advanced chatbots like ChatGPT for scams and disinformation.
The recent crash in the crypto market has significantly impacted memecoins, resulting in a 9% drop in total market capitalization and raising concerns about a broader bear market; however, the underperformance of memecoins during such periods is not necessarily indicative of their long-term performance compared to the wider crypto market.
Cardano's founder, Charles Hoskinson, believes that the SEC will not target Cardano's native token, ADA, as there has been no enforcement action against it so far. He also states that the SEC's crackdown on crypto entities is politically motivated and not based on securities laws.
Bitcoin needs to reclaim the 20-week exponential moving average (EMA) at $27,750 in order to regain its bullish status and continue its upward trend, according to analysts.
Despite regulatory challenges, XRP has become the most preferred cryptocurrency among South Korean investors in their twenties, comprising 20.7% of their portfolios, surpassing Bitcoin and Ethereum.
Texas Senator Ted Cruz believes that bitcoin enhances freedom by being uncontrollable, referencing China's bitcoin ban as an example, and highlights the positive impact of bitcoin mining on Texas' energy grid, acting as an emergency reservoir of power and revitalizing rural American communities.
The proposed cryptocurrency tax regulations by President Joe Biden are causing concern among many in the cryptocurrency community, with critics arguing that these measures could stifle innovation and progress within the US, while other countries outperform in this realm.
The pursuit of a Bitcoin exchange-traded fund (ETF) may contradict the purpose and ideals of the crypto industry, as it undermines financial sovereignty and poses unnecessary counterparty risks, while potentially impeding mainstream adoption and the ownership of actual Bitcoin.
El Salvador's Ministry of Education has launched a pilot program to bring Bitcoin education to public schools, teaching 150 teachers about the cryptocurrency before they integrate it into their classrooms, following a successful Bitcoin Diploma initiative that has already educated thousands of Salvadoran students and is now expanding to other countries.
The U.S. Drug Enforcement Administration was scammed out of over $55,000 in confiscated cryptocurrency funds through a classic airdrop phishing scam, where a fraudster created a similar-looking address to dupe the DEA into sending funds to the wrong account.
JPMorgan Chase is feeling optimistic about the stock market despite recent dips, and sees limited downside for the crypto markets in the near term, according to analysts at the firm. Additionally, JPMorgan analysts are bullish on stocks such as Telephone & Data Systems and HilleVax.
Stellar's token, XLM, experienced an 11.5% increase in value after testing its lowest point in eight weeks, with a potential partnership and a forthcoming announcement fueling speculation about rebranding and a shift towards real-world assets. However, rumors of Elon Musk's involvement and XLM's current market capitalization position it below the top 20 contenders, though Stellar's deployment of the Soroban smart contract platform suggests its intentions to compete in the decentralized application market. The announcement on September 12 holds the potential for further gains, but concrete evidence is needed to surpass previous price levels.
Fenix International, the parent company of OnlyFans, revealed that it invested almost $20 million in Ether (ETH) between 2021 and 2022, although the value of its holdings declined by $8.5 million due to the overall decrease in crypto asset prices.
The U.S. Securities and Exchange Commission (SEC) argues that Ripple's violation of securities law, specifically in making XRP available to retail investors, needs intervention from the appeals court in order to settle the case.
Shopify has added Solana Pay to its payment solutions, allowing millions of merchants to accept cryptocurrency transactions, starting with USD Coin (USDC) stablecoin payments.
XRP's price is showing a small increase, but it remains bearish on both the hourly and daily charts, with a potential decline to the $0.51 and $0.50 range in the near future. The altcoin is currently consolidating within the $0.50-$0.54 range.
FTX founder Sam Bankman-Fried's defense team claims that prosecutors are exaggerating his access to defense material and that he still lacks decent internet access and sufficient computer access, leading to a violation of his Sixth Amendment rights.
Shiba Inu (SHIB) is predicted to potentially fetch 6x to 7x returns for investors in the next few years, with an estimated rise in value from $0.000007557 to $0.0000565 by 2030, according to analysis by DigitalCoinPrice.
Bitcoin (BTC) struggles to maintain its price above $26,000 as it heads towards its worst month of 2023, with uncertainty surrounding the upcoming monthly close and the potential for further downside surprises in September.
Crypto giant Coinbase has launched a lending platform for institutional investors in the US, aiming to fill the gap left by bankrupt players in the crypto lending market, while Marathon Digital's Bitcoin mining rate fell 9% in August due to increased curtailment activity, and Hana Bank has partnered with BitGo to offer digital asset custody services in South Korea.
Mysterious Whale adds $6 million worth of Shiba Inu to her portfolio, accumulating a total of 5.37 trillion SHIB tokens in the past seven days, as the cryptocurrency gains attention following the launch of Shibarium and ranks as the third most trending cryptocurrency globally.
Indian Prime Minister Narendra Modi has called for global collaboration on formulating crypto regulations during the annual G20 summit, advocating for a comprehensive global framework for regulating cryptocurrencies despite India's own lack of regulatory clarity and high taxation.
United States Representative Tom Emmer has sponsored an appropriations amendment to limit the SEC's use of funds for digital asset enforcement until comprehensive regulations are in place, citing concerns about the misuse of taxpayer funds by SEC Chair Gary Gensler. Emmer has previously introduced bills to enhance regulatory transparency in the cryptocurrency industry.
Investor predicts that Solana (SOL) could turn a $75,000 investment into $2 million based on the assumption that the price of Solana will double its all-time high and outperform Ethereum during the next market rally.
Bitcoin and other cryptocurrencies are experiencing a decline, with Bitcoin falling below $26,000, as traders remain cautious following Federal Reserve Chairman Jerome Powell's speech.
