The FBI has issued a warning that North Korean threat actors may attempt to cash out stolen cryptocurrency valued at over $40 million, with recent investigations revealing that the group has moved approximately 1,580 bitcoin and is currently holding those funds in six different wallets.
Digital assets-focused investment firm Pantera Capital predicts that Bitcoin will experience a parabolic bull run after the halving event in 2024, with the price potentially reaching $147,843 by mid-2025.
Dogecoin (DOGE) price is facing selling pressure and is underperforming Bitcoin, with analysts predicting a potential bearish trend and a downside move if it fails to break above the critical $0.058 level.
FTX, the failed crypto exchange, owns $1.16 billion worth of Solana (SOL) tokens, which represents over one-third of its total liquid crypto portfolio.
The US Securities and Exchange Commission (SEC) has taken its first enforcement action against a company for selling unregistered securities in the form of non-fungible tokens (NFTs), with Impact Theory settling with the SEC for over $6.1 million and decommissioning its Founder's Key NFTs.
Animoca Brands has closed a funding round of $20 million to accelerate the development of its Mocaverse platform, which aims to create digital identities and a point system for Web3 gaming, culture, and entertainment.
Crypto markets experienced a decline as FTX's potential selling pressure raised concerns, causing Bitcoin to fall below $25,000 for the first time since mid-June, and altcoins to underperform, particularly Solana (SOL).
A Hong Kong crypto exchange, HashKey, will begin retail trading on August 28, allowing residents to invest up to 30% of their net worth into cryptocurrencies with a warning if the limit is exceeded; meanwhile, China is cracking down on private blockchain firms, arresting crypto executives and seizing assets, and the FBI has traced down $41 million in Bitcoin stolen by North Korean hackers from various projects.
The United States Internal Revenue Service has proposed regulations for the sale and exchange of digital assets by brokers, aiming to simplify tax filings and prevent tax cheating, with the rules set to go into effect in 2026; meanwhile, several crypto commentators have criticized the new tax reporting rules.
Congressman Tom Emmer plans to sponsor an appropriations amendment to restrict the SEC's use of funds on digital asset enforcement, claiming that SEC Chair Gary Gensler has overstepped his power and is "weaponizing" taxpayer dollars.
U.S. Securities and Exchange Commission Chair Gary Gensler continues to emphasize the importance of crypto companies complying with securities laws, despite recent setbacks in court cases against the industry. Gensler will discuss recent enforcement actions and proposals related to cryptocurrency firms but will avoid discussing ongoing litigation, including high-profile cases against Coinbase and Binance.
U.S. regulators have ordered Impact Theory, a Los Angeles-based company, to compensate investors who purchased non-fungible tokens (NFTs), ruling that the transactions were illegal unregistered securities offerings. Impact Theory, which sold three tiers of NFTs, will set up a fund to reimburse investors, destroy any remaining NFTs, and pay over $6.1 million in penalties.
U.S. Rep. Tom Emmer believes that blockchain technology could help authenticate real information from AI-generated content, and emphasizes the need for a shift in the narrative to focus on innovation in the crypto industry.
The recent decline in the price of Bitcoin has raised concerns of a larger market downtrend, with Ethereum and Ripple also at risk of falling if Bitcoin weakens further.
Cardano (ADA) has overtaken Polkadot (DOT) as the top cryptocurrency in terms of development activity, indicating a high level of commitment from developers and potential long-term growth for the coin.
Shiba Inu (SHIB) has seen a 4% increase in the past 24 hours following the announcement of Shibarium's impending relaunch, showcasing the project's potential beyond its meme coin origins.
Solana Pay has integrated with Shopify, allowing e-commerce businesses to utilize the protocol for transactions, providing Web3-native payments and other features such as cross-border transactions and token-based incentives.
OpenAI has released ChatGPT Enterprise, a faster and more secure version of its chatbot tool, which offers unlimited access to GPT-4 at twice the performance speed and improved privacy and security standards.
Shibarium, a layer-2 blockchain for Shiba Inu (SHIB), has surpassed 100,000 wallets after its relaunch, with 35,000 wallets added within 24 hours, and SHIB's price has increased by 3.6% in the last 24 hours.
Sam Bankman-Fried's defense team and the DOJ have proposed jury questions to identify potential jurors' familiarity with the case, crypto, and effective altruism, as well as their opinions on political donations and the legal system, ahead of the FTX founder's trial on criminal charges.
The price of Donald Trump's NFT collection, featuring baseball card-style digital trading cards, surged after his appearance on a viral interview show, with the cards selling for $215 (0.13 ether) compared to last week's $150 (0.1 ether) price, and the collection has generated over $29,000 in volume so far.
Despite the relaunch of the Shibarium layer-2 network, the price of Shiba Inu (SHIB) is not rallying and is attracting bearish sentiments, causing panic among investors.
Binance.US rejects claims made by the SEC, calling them unsubstantiated and maintaining that it has custody and control over its digital assets, in response to the SEC's request for depositions and further discovery.
The U.S. District of Columbia Court of Appeals will soon rule on whether the SEC wrongly rejected Grayscale Investments' application to list a bitcoin exchange-traded fund, which could impact the approval of other bitcoin ETFs.
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Coinbase CEO Brian Armstrong believes that "flatcoins," which track inflation instead of being pegged to a currency or asset, are the next evolution of stablecoins and offer better retention of value.
PayPal has launched an "Off Ramp" service that allows US users to convert crypto tokens to USD directly from wallets into PayPal accounts, providing secure and convenient options for crypto users.
XRP, one of the largest tokens by market cap, has lost a significant amount of value due to bearish sentiment in the market and the impact of Ripple Labs' court ruling with the SEC, reversing its gains from earlier this year.
The FBI has flagged six Bitcoin wallets linked to North Korean hacking group Lazarus, containing 1,580 BTC worth $40 million believed to be hoarded from various cryptocurrency hacks, and warned crypto companies to be vigilant and track any movement of funds from these wallets.
Bitcoin (BTC) falls below $26,000 as bearish sentiment persists and a lack of bullish catalysts hinders market rally.
The U.S. Consumer Price Index (CPI) is expected to have jumped 0.6% in August, driven by resurgent oil prices, while the core CPI is anticipated to have dipped to a 4.3% year-over-year pace; this higher inflation has dampened the summer rally for bitcoin and other cryptocurrencies, as interest rates are likely to stay higher and for longer than anticipated by investors.
Franklin Templeton has filed for a spot bitcoin exchange-traded fund (ETF), which, if approved, would allow everyday investors to easily gain exposure to the price of bitcoin in their brokerage accounts.
FTX founder Sam Bankman-Fried is seeking to have a series of expert witnesses testify on his behalf in his upcoming trial, with prices ranging from $400 to $1,200 an hour, as prosecutors try to block their testimony.
The BRICS summit is aiming to reduce reliance on the U.S. Dollar, as the coalition confirms new members including UAE, Egypt, Ethiopia, Saudi Arabia, and Argentina, and discusses the possibility of a new payment system and currency backed by gold.
Pepecoin (PEPE) has experienced an 80% drop in value and faces the risk of further losses, with allegations of a "rug pull" scam contributing to the decline, although some investors are using the price dip as an opportunity to buy in, hoping for a market rebound.
The co-founder of the OneCoin cryptocurrency scam, Karl Greenwood, has been sentenced to 20 years in prison and ordered to pay back $300 million for his role in a scheme that defrauded millions of victims worldwide.
Vitalik Buterin and his colleagues have proposed a solution to the privacy issue in blockchain through the development of "Privacy Pools", which allow users to hide their blockchain history while dissociating themselves from criminals, although the implementation and legality of such a system remains uncertain.
Sam Bankman-Fried, founder of FTX, is requesting daily access to devices and internet in order to work on his defense after facing new charges following a superseding indictment; however, the judge has only granted him limited access so far.
Bitcoin, Ethereum, and Solana are unlikely to reach new lows in 2023, according to former ARK Invest executive Chris Burniske, who warns against "bottom vultures" calling for lower prices without intentions of going long, predicting that the long-term uptrend will continue in 2024 and 2025.
The BNB token, native to the BNB Chain, has reached its lowest price in the past year as it faces a decline following the SEC case against Binance, the central entity responsible for BNB's development. Binance has suspended EUR withdrawals and deposits, causing users to resort to alternative options such as card deposits or the P2P platform.
Google Bard predicts that the price of Bitcoin in the next bull market is uncertain but likely to be significantly higher than the current price, with some analysts suggesting it could reach $100,000, $200,000, or even $1 million by 2024. However, the ultimate price will depend on various factors such as the global economy, institutional adoption, and regulatory environment.
CD Projekt Red has released a gameplay trailer showcasing the major overhaul and new features in the upcoming update 2.0 for Cyberpunk 2077, including vehicle combat, NCPD overhaul, redesigned cyberware and perks, relic skill tree and abilities, and a combat AI overhaul.
