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Elon Musk: US ’past peak inflation’ after Tesla sells 90% of Bitcoin

Tesla has precious little Bitcoin left in its BTC pot as Elon Musk predicts U.S. inflation has peaked.

Once-hacked for $77M, Beanstalk's algo stablecoin protocol relaunches

Beanstalk stated that it has now moved protocol governance to a community-run multisig wallet until “a secure on-chain governance mechanism can be implemented.”

Aurora Labs exec details 'fascinating and devious' crypto scam he almost fell for

What started as an innocent inquiry about buying some tokens turned into an elaborate subterfuge that nearly saw Aurora Labs' head of product Matt Henderson lose a stash of his Aurora tokens to scammers.

Vitalik: Layer-2 scaling will make crypto payments 'make sense' again — KBW 2022

Vitalik Buterin spoke at the Korea Blockchain Week on Monday, noting that the final hurdle to getting transactions down to fractions of a cent is via blockchain data compression.

Web2 adoption key to Metaverse success, Klaytn Foundation founder — KBW 2022

Sam Seo delivered a presentation during Korean Blockchain Week, revealing that Klaytn will soon roll out an open-source Metaverse package to foster development on the blockchain.

DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022

Once retail investors in the Asian market better understand how to use crypto wallets and make DeFi transactions, market growth will take off, says 1inch Network’s co-founder.

KBW 2022: Crypto.com hits key regulatory milestone in South Korea

After successfully completing two key company acquisitions, Crypto.com has secured electronic financial transaction act and virtual asset service provider registration in South Korea.

TRON (TRX) TVL Accelerates To Nearly $2 Billion Last Month

TRON (TRX) continues to gain traction despite the current erratic market movement. TRX has recently seen TVL growth by $6 billion in July which is by far

Bitcoin and Ethereum Inch Higher, BNB and SOL Outperform, FLOW Rallies

Bitcoin price is still struggling to clear the USD 23,500 resistance. Ethereum is consolidating near USD 1,700, XRP is facing resistance below USD 0.380...

Miners and ETH 2.0 – Where do they stand now

Recently, Hongcai "Chandler" Guo, a former ETH miner, mentioned in an interview that multiple Chinese Ethereum mining...

Nexus Dubai (NXD) Project obtains first cryptocurrency exchange license in Dubai

The Nexus Dubai (NXD) project has obtained the world’s first license to operate a cryptocurrency exchange business in Dubai. Bitsmith Crypto Trading DMCC, the company behind NXD...

The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000

This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark.

Ethereum Classic: How to gauge ETC’s ability to continue its rally

Over the last few weeks, Ethereum Classic's [ETC] gradual growth plateaued in the $38-$39 range. This range has flipped itself...

VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions

A blockchain security firm, DeFi trading outfit and Lightning Network payment rail headline the latest funding deals from the world of blockchain.

Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

Market conditions have forced many Bitcoin miners to trim their holdings in 2022, but not Hut 8.

Might MakerDAO risk market decline due to Ethereum’s Merge

MakerDAO [MKR] has claimed that the much-anticipated Ethereum [ETH] merge could do more harm than good to its network. The builder of...

Shark Tank Star Kevin O'Leary Buys the Bitcoin Dip — Says Crypto 'Desperately Needs Policy'

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he has bought the dip during the crypto market sell-off.

Binance CEO Warns 'We Could Disable Wazirx Wallets' — Advises Investors to Transfer Funds to Binance

Binance CEO Changpeng Zhao (CZ) has warned that his company could "disable Wazirx wallets," advising investors to transfer funds.

US lawmakers request crypto firms provide info on diversity and inclusion

Five Democratic lawmakers requested crypto firms provide information on diversity and inclusion data and policies starting in January 2021.

Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions

Analytical data reveals that DeFi’s total value locked registered a rise of nearly 9 billion dollars from the past week, posting a value of $79.4 billion.

Voyager plans to resume cash withdrawals on Aug. 11

Voyager Digital will resume cash withdrawals following a judge clearing the crypto lending firm to return $270 million in customer funds.

Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts

Bitcoin miner Core Scientific said its month-over-month BTC production increased roughly 10.4% from 1,106 in June to 1,221 in July.

CME Group to Release Euro-Backed BTC and ETH Futures

CME Group's next crypto move includes the launch of euro-denominated Bitcoin and Ether futures.

Japanese Crypto Industry Urges Tokyo to Reform Tax Laws

Japanese cryptoasset-related firms have urged the government to make tax reforms – claiming that the current system is out of sync with tax rules in other countries.

Meta enables Instagram NFT integration in over 100 countries

Mark Zuckerberg is unfazed by his company's metaverse woes. NFT integration on Instagram showcases its growing commitment to digital assets.

Binance and Mastercard will launch prepaid crypto cards in Argentina

Binance said Argentinian users can use the prepaid card to make purchases in crypto as well as ATM withdrawals in fiat.

Crypto firms failed to deliver 'promised benefits' from lawmaker-backed incentives, says nonprofit

According to TTP, crypto lobbyists worked for tax breaks and discounted energy prices, leaving state governments to deal with the fallout.

Voyager to return $270M in customer funds, says it received 'better' offers than FTX

Voyager Digital Holdings will also be allowed to return $270 million in customer funds that were being held at Metropolitan Commercial Bank.

Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

The firm however emphasized that while its BTC trading business saw a decline in profits in the quarter, it doesn’t reflect the broader performance of the business.

Solana-hacked crypto could be claimed as a tax loss: Experts

Experts at CryptoTaxCalculator and Koinly say that crypto lost via a hack or exploit could be declared as a loss for tax purposes.

Uniswap Foundation proposal gets mixed reaction over $74M price tag

A new proposal to form the Uniswap Foundation for $74 million has been met with praise for its stated mission but has also garnered criticism over its hefty price tag.

Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO

The White Rock CEO noted that companies who have managed their balance sheets effectively will have fared well through the bear market, and will continue to do so even if there’s more volatility to come.

Vitalik: Centralized USDC could decide the future of contentious ETH hard forks

Ethereum co-founder Vitalik Buterin told a conference in Seoul that centralized stablecoins such as USDT and USDC have the potential to become significant deciders in future contentious hard forks.

Congress will likely decide the fate of crypto jurisdiction — Lummis staffer

If SEC and CFTC cannot decide who acts as the main crypto regulator, US Congress will need to step in to decide.

Alexander Vinnik reportedly en route to the US after extradition

The U.S. has managed to extradite the alleged kingpin of defunct exchange BTC-e as Alexander Vinnik's lawyer confirms his departure to California.

Nomad announces $190 million bounty for lost funds from recent hack

Nomad has received back close to 20% of the nearly $200 million stolen funds and is now incentivizing hackers to come forth with the remainder.

The Bank of Thailand to pilot Retail CBDC by the end of 2022

Two phases of the Bank of Thailand pilot — foundation and innovation tracks — will let the BOT assess the innovative potential of the Retail CBDC.

Experts find private keys on Slope servers, still puzzled over access

Blockchain analysis suggests compromised Solana wallets came from Slope, but investigators still don't know how private keys were stolen.

Ceres DAO: Deploying a Beta+ Alpha investment strategy in Ventures DAO

The current venture capital model is also facing changes due to the rise of the crypto industry and the DAO concept. Before we go into details, we need to introduce Ventures DAO...

Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices

Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining.

Senators Stabenow, Boozman introduce crypto bill that extends CFTC's regulatory powers

The Senate Agriculture Committee's chair and ranking member have introduced a bill giving the CFTC a bigger role in regulating crypto exchanges and markets.

Hackers might be responsible for removing $4.8M from crypto exchange ZB.com: PeckShield

PeckShield speculated that hackers might be responsible for transferring roughly $4.8 million in 21 types of tokens off ZB.com.

Coinbase exec at heart of insider trading scandal pleads not guilty in federal court

A former Coinbase Global product manager charged with insider trading has pleaded not guilty in a case that has highlighted uncertainties in digital asset regulation.

Victorian police to get ‘greater power’ to seize crypto assets from criminals

The state’s authorities are going to be given “greater powers” to identify and seize digital assets linked with organized crime, under a new bill introduced to parliament this week.

Slope wallets blamed for Solana-based wallet attack

Reports are surfacing that suggest the Slope Web3 wallet service on Solana is responsible for leaking seed phrases to nearly 8,000 Solana hot wallets.

Winnipeg police get provincial funding to beef blockchain forensics unit

The province of Manitoba has provided funds for the police service in its capital, Winnipeg, to take a cybercrime-fighting course centering around cryptocurrency.

$2B in crypto stolen from cross-chain bridges this year: Chainalysis

A Chainalysis report has revealed that $2 billion in crypto has been stolen from cross-chain bridges this year alone.

Bitcoin may behave more like US Treasury bonds: Bloomberg Intelligence

There are similarities between Bitcoin markets and U.S. Treasury bonds, according to Bloomberg Intelligence.

After four years, Japan brings back its first crypto ATM

The crypto ATMs will allow users to withdraw a max of $747 (100,000 yen) per transaction, with a max withdrawal cap of $2,243 (300,000 yen) per day.

Swiping left: Tinder pulls back on Metaverse dating plans

Bernard Kim, the CEO of Tinder’s parent company, Match Group plans to scale back metaverse investments and scrap plans for the in-app virtual currency Tinder Coins.