The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the ARK 21Shares Bitcoin ETF, pushing the deadline to January 10, 2024, despite congressional support for the approval of spot bitcoin ETFs and concerns about hindering the crypto market's momentum.
Sam Bankman-Fried, the founder of collapsed cryptocurrency exchange FTX, has requested temporary release from jail to prepare for his trial, citing practical difficulties in preparing his defense and an overwhelming amount of case material.
Bitcoin and other cryptocurrencies remained stable or slightly increased in value despite market turbulence, raising questions about the stability of Bitcoin.
OpenAI's ChatGPT generative AI tool is reintroducing web search capabilities in partnership with Microsoft's Bing search engine, allowing users to access current and authoritative information, but the feature is currently limited to paying customers.
Terraform Labs founder Do Kwon is opposing the SEC's request to question him in the U.S. related to the crash of his stablecoins Terra and Luna, stating that it is impossible due to his indefinite detention in Montenegro and that his written testimony would violate his due process rights under U.S. law.
Crypto influencer Ben Armstrong was arrested for loitering/prowling and simple assault after a confrontation with his former business partner, leading to a 30% drop in the value of his BEN tokens.
The Lazarus Group, a North Korean hacker collective, holds tens of millions of dollars worth of Bitcoin and other digital assets, based on on-chain data, with their top holdings being 1,600 Bitcoin, 1,200 Ethereum, and 5,000 Binance Coin.
U.S. crypto exchange Kraken is planning to offer stocks and ETFs for trading, potentially becoming the first crypto exchange to explore options outside of crypto assets. The exchange is aiming to launch this service by 2024.
Microsoft's next-generation Xbox console ecosystem may include a crypto wallet feature, according to leaked internal documents, offering users various ways to spend money including in-game economies and a potential integration with existing crypto wallets.
Former cryptocurrency billionaire Sam Bankman-Fried, who is currently jailed, has been ordered by a US District Judge to be provided with business attire, including suits, shirts, and shoes, for his upcoming fraud trial.
Google's cloud-computing division is expanding its presence in the blockchain space, adding networks like Polygon and Polkadot to its BigQuery program, signaling big tech's interest in the technology while Ethereum's network activity has been disappointing, and JPMorgan analysts report a decrease in daily transactions and active addresses.
Bankrupt crypto lending firm BlockFi has gained approval from a bankruptcy judge to implement a new plan to pay back customers, which includes compiling a list of the top 50 creditors who did not have secured loans.
Barbara Fried, the mother of alleged crypto crook Sam Bankman-Fried, accuses the feds and FTX debtors of being "McCarthyites" in response to lawsuits against her and her husband for fraudulently transferred funds.
Texas accounts for over 28% of all Bitcoin hashing power in the United States, making it the leading state for Bitcoin mining, followed by Georgia, New York, and New Hampshire.
Many altcoins may not survive the current crypto winter and will experience a depression before potentially resurging in 2025, according to analyst Benjamin Cowen, who highlights the influence of the US Federal Reserve's monetary policy on altcoin behavior.
Coinbase CEO Brian Armstrong criticizes JPMorgan's Chase UK for banning crypto-related transactions and urges UK officials to investigate, while the exchange continues its expansion in the UK amid legal issues in the US.
Bitcoin price surged above $26,800 as bulls targeted $27,000, with analysts predicting a potential rally to $30,000 in October.
The US Securities and Exchange Commission has submitted a sealed motion in its case against Binance, prompting speculation about potential further negative developments for the cryptocurrency exchange.
The price of the memecoin Pepe has dropped by 15% after developers sent a significant amount of tokens to exchanges, sparking concerns of a "rug pull" and leading to a change in the team's multisig wallet.
Polygon has released an open-source toolkit called Chain Development Kit (CDK) that allows developers to build blockchains with zero-knowledge (ZK) proofs, enabling interoperability between different chains. This move comes as other layer 2 solutions are also releasing their own ZK-powered toolkits. Polygon aims to create a "Value Layer" that makes value transfer as seamless as information exchange over the internet.
The U.S. Treasury and IRS have proposed regulations for crypto tax reporting, emphasizing the importance of accurately reporting and tracking crypto activity; investors are advised to consider amending past tax returns and keep their own records despite the introduction of Form 1099-DA.
Former OpenSea employee Nathaniel Chastain was sentenced to three months in prison and ordered to pay a fine after being convicted in the first-ever insider-trading case involving digital assets, where he used confidential information to make thousands of dollars through NFT transactions.
Shiba Inu (SHIB) could potentially reach $1 per token within the next 5-10 years if it achieves mainstream adoption, high developer engagement, and regulatory support, according to a forecast from ChatGPT.
Bitcoin and other cryptocurrencies surged after Grayscale Investments won a court decision, increasing the likelihood of the first spot Bitcoin exchange-traded fund (ETF).
Robinhood holds over $3.2 billion worth of bitcoin in a single wallet, making it the third-largest bitcoin holder globally, behind Binance and Bitfinex.
Solana Pay, the decentralized payment app developed by Solana Labs, has been integrated with Shopify, allowing millions of businesses to offer Solana Pay as a payment option to their customers, with initial integration featuring the USDC stablecoin. The integration offers fee-free transactions and the potential for creative loyalty programs, and several crypto-focused teams and brands have already planned to integrate Solana Pay into their Shopify storefronts.
Robinhood Markets, the discount brokerage, owns one of the largest Bitcoin wallets in the world, indicating its significant presence in the cryptocurrency trading market.
Robinhood has ended its business relationship with market-maker Jump Trading as the firm faces increased regulatory scrutiny and is reportedly backing away from the US market.
OpenAI has announced the availability of fine-tuning for its GPT-3.5 Turbo model, allowing developers to train the AI model on their own data and achieve better performance on specialized tasks, offering a customization edge against competitors like Google and Anthropic.
Analyst Nicholas Mertens warns that both Bitcoin and Ethereum are likely to face significant challenges and potential price declines, with Ethereum at risk of breaking support and dropping below $1,000 due to a lack of buyers.
Shiba Inu (SHIB) is predicted to continue on a bearish path until the end of the month, but there are expectations of a rise towards the end of August and potential growth in prices with increased adoption and the introduction of a new burn mechanism.
Grayscale Investments has won a legal victory against the SEC as a court overturns the rejection of its application to convert its Grayscale Bitcoin Trust into a listed Bitcoin ETF, although the decision does not guarantee eventual listing.
Cryptocurrencies experienced a significant drop ahead of Federal Reserve Chair Jerome Powell's Jackson Hole Symposium speech, while the global crypto market capitalization decreased by 0.83% in the last day.
Former FTX CEO Sam Bankman-Fried wants to prevent "millions" of pages of documents from being used as evidence in his criminal trial, but prosecutors argue that he has had access to them for months and may have mislabeled them to avoid their use; Bankman-Fried is currently in pre-trial detention after having his bail revoked due to allegations of witness tampering and a "threat to the community."
The U.S. Securities and Exchange Commission (SEC) treating a non-fungible token (NFT) as a security for the first time highlights the need for developers to consider regulatory compliance when selling crypto-assets.
Sam Bankman-Fried, the founder of FTX, is facing difficulties in jail ahead of his trial, as he is lacking computer access, medications, and support for his vegan diet, preventing him from preparing an effective defense against fraud and conspiracy charges.
XRP is gaining popularity in South Korea, particularly among Gen Z investors, and the coin's price is expected to rally by 55% due to investor preference and developments in the SEC vs. Ripple lawsuit.
Shiba Inu (SHIB) price has bounced back above $0.000008 as the Shibarium L2 network gains traction, potentially propelling SHIB's price to new peaks in the coming weeks.
Cardano (ADA) price shows signs of rebound as a spike in ADA staking could potentially spark a bullish momentum in the coming weeks, with holders staking $50 million in the last 5 days and aiming for gains before selling, while resistance at $0.28 could pose a challenge.
The BRICS alliance is set to expand with the inclusion of Saudi Arabia, the United Arab Emirates, and four other major countries, which have received official invitations to join on January 1st, 2024.
Prominent crypto YouTuber Ben Armstrong has been fired from Bitboy Crypto for financial damage and substance abuse, according to an announcement made by the company.
An unknown Bitcoin wallet has amassed over $3 billion worth of Bitcoin in just over three months, leading to speculation about its owner, with some suggesting it could be BlackRock, although there is no solid evidence to support this theory.
AMC Entertainment Holdings shares are falling ahead of a reverse stock split, causing the number of shares to increase, and the stock conversion is being done to strengthen the company's financial position and pursue growth opportunities.
BRICS, comprised of Brazil, Russia, India, China, and South Africa, now represents almost a third of global GDP and is surpassing the economic influence of the G7, with over 40 nations expressing interest in joining.
