Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise. Crypto analysts on X (the social media platform formerly known as Twitter) and in YouTube interviews have been abuzz with talk about the trend of Bitcoin leaving centralized exchanges. On Aug. 29, the quantity of Bitcoin (BTC)...Continue Reading
The European Union’s Markets in Crypto-Assets regulatory framework isn’t all good, but it provides a level of clarity foreign to the United States. While United States regulators such as Securities and Exchange Commission Chair Gary Gensler make bad-faith claims that “there’s been clarity for years” when it comes to cryptocurrency, the European Union took real...Continue Reading
Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale’s victory over the SEC. Bitcoin (BTC) led the cryptocurrency markets higher on Aug. 29 following Grayscale’s victory in the lawsuit against the United States Securities and Exchange Commission. However,...Continue Reading
The FTX bankruptcy claims agent reportedly confirmed that users’ personal data were leaked, contrary to earlier claims. It appears that a data breach involving FTX bankruptcy claims agent Kroll has resulted in the leak of sensitive information, contrary to earlier reports. In an alleged Kroll Q&A summary published on Aug. 30, FTX users’ email addresses,...Continue Reading
Though the judge reportedly said he would not necessarily grant a postponement, SBF’s lawyers have been pushing for the former FTX CEO to have more time to prepare his defense. Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, have reportedly not asked for a different trial date in order to prepare, but a federal...Continue Reading
The judge showed rare understanding of DeFi technology and stated the defendants would do better to address their complaints to Congress. The United States District Court for the Southern District of New York has dismissed a class-action suit against Uniswap Labs and its CEO, foundation and venture capital backers brought by plaintiffs who claimed they...Continue Reading
Trump NFT prices spiked after the former U.S. president’s mugshot in police custody was released. Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights....Continue Reading
Vietnam is currently among the top countries in the world in terms of crypto adoption. Over three-quarters of Vietnamese crypto holders make investment decisions through friends’ referrals. That’s according to an Aug. 30 report by Vietnamese venture capital firms Kyros Ventures and Coin68, alongside Animoca Brands. In the 3,300-participant survey, 75.5% of participants admitted being...Continue Reading
The inquiry seeks information and comment on issues related to the content AI produces and how policy makers should treat AI that imitates or mimics human artists. The United States Copyright Office issued an official request for comments and notice of inquiry on copyright and artificial intelligence (AI) in the Federal Register on Aug. 30. ...Continue Reading
The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui. Relief efforts are still underway on the Hawaiian island of Maui following a series of wildfires severely damaging major areas including Lahaina. All Hands and Hearts,...Continue Reading
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