Bitcoin is frustratingly calm and volatility is near historic lows — what could provide BTC price action with fresh fuel to discover a trend this week? Bitcoin (BTC) starts the second week of August with barely a sound as rangebound BTC price behavior continues. After one of its least volatile weekly closes, BTC/USD remains stuck...Continue Reading
Humanitarian aid and community services charity, Red Cross Singapore, included cryptocurrency as a newly-accepted form of donation. Humanitarian aid and community services charity, Singapore Red Cross, included cryptocurrency as a newly-accepted form of donation. The organization will accept Bitcoin, Ether, Tether and USD Coin donations. On August 7, Singapore Red Cross announced its partnership with...Continue Reading
The job involves investigating crypto fraud, money laundering and other blockchain-based crime performed by organized groups. The United Kingdom’s National Crime Agency (NCA) wants to expand its digital assets investigation team by hiring four senior investigators for its Complex Financial Crime Team (CFCT) that will work on crypto-related crimes. The position involves investigating high-end crypto...Continue Reading
The rise in crypto prices, as well as non-trading revenues, became key to profitability for many of these companies. A number of crypto-centred public companies released their quarterly earnings report over the past couple of weeks, sharing increased revenue and a jump in profits across the board. The majority of these crypto firms benefited from...Continue Reading
The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI. Celsius’ Mashinsky motion to dismiss denied The former chief executive of crypto lending platform Celsius Network, Alex Mashinsky is back on track to face a civil...Continue Reading
According to CoinGecko, nearly $85 billion worth of crypto falls under the category of “alleged SEC securities.” CoinGecko launched a new index tracking the biggest crypto tokens viewed as likely securities by the United States Securities and Exchange Commission (SEC). The ‘Top Alleged Securities Coins’ page sorts the selection of crypto assets by market capitalization,...Continue Reading
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy. MakerDAO, one of the early pioneers of decentralized finance, has sparked criticism over its decision to block virtual private network (VPN) users from accessing its recently launched lending platform, Spark Protocol. At the...Continue Reading
Adam Back has joined a growing roster of market commentators who are bullish on the price of Bitcoin ahead of next year’s halving event. Blockstream CEO Adam Back, one of the crypto’s early pioneers, is pretty confident Bitcoin will hit an all-time high of over $100,000 before Bitcoin’s halving in 2024 — and is willing...Continue Reading
A trader walked off nearly $1.5 million richer after tricking a bot copying his trades to buy a slew of NFTs at a markup. NFT trader’s $1.5M bot chess move YouTuber and nonfungible token (NFT) trader Hanwe Chang said he scored 800 Ether (ETH), around $1.5 million, by tricking a rival trader’s bot into buying...Continue Reading
Curve Finance is extending a $1.85 million bug bounty offer to anyone who can identify the exploiter of its stable pools. Decentralized finance (DeFi) protocol Curve Finance is extending a bug bounty offer to anyone who is able to identify the exploiter responsible for draining over $61 million from its pools on July 30. Curve...Continue Reading
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