Ether short-term holders are ramping up their profit taking as the price of ETH has climbed 43% in the past month. Read More at https://cointelegraph.com/news/ether-profit-taking-short-term-holders-selling-crypto-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
FTX users bolster lawsuit claiming law firm was ‘key’ to FTX fraud
FTX customers say their class complaint against Fenwick & West needs updating with new details from Sam Bankman-Fried’s trial and FTX’s bankruptcy case. Read More at https://cointelegraph.com/news/ftx-users-bolster-lawsuit-claiming-law-firm-was-key-to-ftx-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum core dev 'safe and free' after being detained in Turkey
Federico Carrone, a privacy-focused Ethereum core developer, confirmed that he has been released after being accused by Turkish authorities of aiding the “misuse” of an Ethereum privacy protocol. Read More at https://cointelegraph.com/news/ethereum-dev-released-after-being-detained-turkey?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin miner MARA to acquire majority stake in Exaion in AI, HPC play
MARA Holding’s expansion into AI and high-performance computing is expected to close in Q4, and comes amid a steep rise in Bitcoin mining difficulty. Read More at https://cointelegraph.com/news/bitcoin-miners-acquires-majority-stake-iai-firm-exaion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Paxos renews push for US bank license as stablecoin rules take shape
Paxos has reapplied for a US national trust bank charter after its 2021 conditional approval expired. Read More at https://cointelegraph.com/news/paxos-us-bank-license-stablecoin-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
GENIUS ban won’t stop institutions from seeking stablecoin yield — ex-Standard Chartered exec
The US GENIUS Act may boost stablecoin adoption, but its ban on yield-bearing stablecoins could drive trillions into tokenized real-world assets. Read More at https://cointelegraph.com/news/genius-act-stablecoin-ban-tokenization-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Do Kwon to change plea in criminal case at Wednesday conference
In January, the Terraform Labs co-founder pleaded not guilty to several charges, including securities fraud, market manipulation, money laundering and wire fraud. Read More at https://cointelegraph.com/news/terraform-do-kwon-change-plea-hearing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Top US Democrat signals fight over crypto market structure
The US Senate is not scheduled to be in session until Sept. 2, but Senator Elizabeth Warren offered a preview for how she may address the CLARITY Act. Read More at https://cointelegraph.com/news/senator-warren-clarity-act-congress-september?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Space tourism meets crypto as Blue Origin accepts Bitcoin, Ether, USDt
Blue Origin’s new crypto payment option joins a wave of blockchain ventures in aerospace, from NFTs minted in orbit to satellites running decentralized networks. Read More at https://cointelegraph.com/news/space-tourism-meets-crypto-commerce-as-blue-origin-accepts-bitcoin-ethereum-and-usdt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin will make history at $340K if BTC beats last cycle's 2100% gains
Bitcoin getting to $340,000 this cycle is a “very big ask,” but over the past five years, BTC has already won the macro asset returns game, research shows. Read More at https://cointelegraph.com/news/bitcoin-will-make-history-at-340k-btc-beats-2100-cycle-gains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound