Cryptocurrency news

• BitBoy Crypto brand will no longer include YouTuber Ben Armstrong

  28-08-2023 23:34 via cointelegraph.com
  
  The crypto influencer brand had a reach of more than 3.3 million followers at the time the company announced Ben Armstrong would no longer be affiliated with 'Bitboy Crypto'.
  
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• How to start investing in cryptocurrency: A guide for beginners - Yahoo Finance

  28-08-2023 23:25
  How to start investing in cryptocurrency: A guide for beginners  Yahoo Finance
  
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• Cryptocurrency scams offering fake jobs on the rise: Canadian Anti ... - KRDO

  28-08-2023 23:00
  
  Cryptocurrency scams offering fake jobs on the rise: Canadian Anti ...  KRDO
  
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• Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis

  28-08-2023 23:00 via cointelegraph.com
  
  New developments in the Bitcoin mining space have Hut8 vice president Sue Ennis convinced that well positioned miners will thrive after the next BTC halving.
  
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• Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis

  28-08-2023 23:00 via cointelegraph.com
  
  New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
  
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• Balancer Falls Victim To Hack After Warning Of Critical Vulnerability: Funds Lost

  28-08-2023 23:00 via newsbtc.com
  
  In a disheartening turn of events, the decentralized finance (DeFi) protocol Balancer (BAL) confirmed a hack just days after warning about a critical vulnerability impacting multiple Pools. The attack, which took place on August 27, resulted in a loss of nearly $1 million for Balancer.
  Previously, on August 22, NewsBTC reported that Balancer had discovered a critical vulnerability affecting its protocol. However, despite efforts to mitigate the risks and caution users, Balancer could not pause t
  
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• New tax rules for crypto in the US: Law Decoded

  28-08-2023 22:30 via cointelegraph.com
  
  The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers.
  
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• A former New Jersey corrections officer sold a ‘crypto pension’ to law enforcement. Prosecutors say it was a scam. - The Philadelphia Inquirer

  28-08-2023 22:26
  A former New Jersey corrections officer sold a ‘crypto pension’ to law enforcement. Prosecutors say it was a scam.  The Philadelphia Inquirer
  
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• Ethereum's Daily Transaction Fees Drops to 8-Month Low of $2.8M

  28-08-2023 22:22
  
  Ethereum's daily total transaction fees fell to 1,719 ETH ($2.8 million) on Sunday, the lowest single-day total since Dec. 26.
  
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• US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction

  28-08-2023 22:05 via cointelegraph.com
  
  The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions.
  
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• Bitcoin Bull Run Incoming? This Metric Could Suggest So

  28-08-2023 22:00 via newsbtc.com
  
  On-chain data shows a Bitcoin metric is forming a pattern that may hint that a bull run could be coming next for the asset.
  Bitcoin HODLer Growth Rate Has Seemingly Reached The “Plateau” Stage
  In a new post on X, the analyst Charles Edwards shared a chart highlighting a pattern that the BTC “HODLer Growth Rate” indicator may be forming.
  This indicator keeps track of the 1-year growth in the holdings of the Bitcoin investors who have been keeping their coins dormant (unmov
  
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• Sam Bankman-Fried's lawyers appeal decision on bail, citing First Amendment issues

  28-08-2023 21:40 via cointelegraph.com
  
  Lawyers questioned a judge's decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was "protected First Amendment activity".
  
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• Cryptocurrency Investment Trends: Understanding Whale ... - Detroit Free Press

  28-08-2023 21:24
  Cryptocurrency Investment Trends: Understanding Whale ...  Detroit Free Press
  
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• The bright side of Evergrande’s collapse? More crypto volatility

  28-08-2023 21:07 via cointelegraph.com
  
  Evergrande’s ongoing bankruptcy saga has significant macroeconomic implications — including for the global cryptocurrency market.
  
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• Binance Will Halt These 39 Liquidity Mining Pools This Week

  28-08-2023 21:00 via newsbtc.com
  
  On Sunday, Binance announced that it will halt 39 liquidity mining pools this week following the latest assessment. As a result of a supposed failure to pass this assessment, these 39 liquidity pools are expected to stop operating on September 1, 2023.
  Liquidity Pools Stopped By Binance
  This decision was made due to the platform’s recent liquidity mining performance. The announcement said Binance Liquid Swap will “periodically review listed liquidity pools to concentrate liquidity fo
  
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• Protocol Village: Shibarium Bridge Opens for Token Withdrawals

  28-08-2023 20:53
  
  The latest in blockchain tech upgrades and announcements.
  
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• Sam Bankman-Fried Appeals Decision Jailing Him Ahead of Trial: Reuters

  28-08-2023 20:07
  
  Sam Bankman-Fried’s lawyers have appealed a judge’s decision to send him to jail while he is waiting to start trial over several allegations tied to the collapse of his former crypto exchange FTX on October 3, Reuters reports.
  
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• SEC charges podcaster in first unregistered securities sales claim against NFT offering

  28-08-2023 20:02 via cointelegraph.com
  
  Impact Theory produces entertainment and educational podcasts and was “trying to build the next Disney” when it invited investors to purchase its NFTs.
  
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• Traders’ Patience Fades: Bitcoin Price Stuck At $26,000, But Can It Hold?

  28-08-2023 20:00 via newsbtc.com
  
  The Bitcoin price has barely moved a few hundred dollars since late last week, but a vital metric hints at another aggressive move. In the meantime, the cryptocurrency is likely to keep trading sideways until another liquidation event flips momentum into a specific direction.
  As of this writing, Bitcoin trades at $26,100 with sideways movement in the last 24 hours. In the previous seven days, BTC recorded similar price action while other tokens in the top 10 moved in tandem except for Binance Co
  
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• Price analysis 8/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT

  28-08-2023 19:53 via cointelegraph.com
  
  The S&P 500 is attempting a recovery, but Bitcoin and select altcoins are struggling to break above their respective resistance levels.
  
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• Binance leaving Russian market is 'on the table': Report

  28-08-2023 19:20 via cointelegraph.com
  
  A Binance spokesperson reportedly said the global cryptocurrency exchange was considering all options in regards to Russia, “including a full exit”.
  
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• Bitcoin Bullish Uptrend Remains Unbroken, Here’s Why

  28-08-2023 18:53 via newsbtc.com
  
  Bitcoin price is currently trading at slightly above $26,000 per coin, but is still reeling after last week’s 10% single day selloff. The situation looks dire for crypto bulls who were hoping for a more significant recovery to begin after such prolonged sideways.
  However, the bullish market structure remains unbroken. Let’s take a closer look at what exactly this means and why the 2023 uptrend is still intact.
  Recapping Recent BTCUSD Volatility
  After a solid start to 2023 – cer
  
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• A Crypto President? Top U.S. 2024 Contenders Aren’t Fans, and Rivals Are Way Behind

  28-08-2023 18:42
  
  Crypto was on fire as a topic in the early U.S. presidential campaigning, but the first Republican debate last week showed it may not be an issue that has legs with candidates trying to grasp mainstream attention. While we wait to see whether digital assets come up at the Republican primary debate next month, here’s how the major candidates from both parties shake out on the topic:
  
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• Binance to serve Belgian users via Polish arm

  28-08-2023 18:36 via coinjournal.net
  
  Binance users in Belgium can continue accessing services via its Poland-based unit.
  The exchange had revealed plans to work with the Belgian regulator in June.
  Belgium’s Financial Services and Markets Authority (FSMA) had asked Binance to halt services.Binance has announced that its users in Belgium will continue to access its services via Binance Poland, the crypto exchange’s Polish-regulated arm.
  The crypto behemoth’s announcement read in part:
  “Binance Poland sp. z o.
  
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• Binance says it 'continues to serve' Belgian users via Poland entity

  28-08-2023 18:23 via cointelegraph.com
  
  In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements.
  
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• Another Bitcoin Metric Is About To Reach A New All-Time High Despite The Bear Market

  28-08-2023 18:00 via newsbtc.com
  
  The price of Bitcoin has taken a beating in the past month. The leading cryptocurrency by market cap is down by more than 11% from its price in July and has lost more than $50 billion in market cap since then. 
  While the price plunge has been painful for investors, Bitcoin miners have also been feeling the sting as mining revenue per computing power has been dwindling for the past few months. On the other hand, Bitcoin’s hashrate has soared to high levels as mining farms continue to c
  
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• dYdX price: DYDX outlook ahead of $14M bump in token supply

  28-08-2023 17:53 via coinjournal.net
  
   The dYdX (DYDX) ecosystem is braced for the upcoming $14 million token unlock.
  A bump in DYDX supply could be felt in the price reaction, with DYDX trading around $2.16.According to Token Unlocks, DYDX is among several altcoins set to add numbers to token supply this week. Others poised for a September supply bump are Optimism, 1inch, and Hedera.
  🚨 September Unlocks Activities 🚨~ $931 million will be unlocked and issued in Sep.
  🌟 Highlighted Cliffs ( %Circ. ) 
  
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• Supra Introduces a Cross-chain Bridgeless Technology — HyperNova — that Enables Secure Blockchain Interoperability

  28-08-2023 17:10 via coinjournal.net
  
  Zug, Switzerland, August 28th, 2023, Chainwire
  Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of HyperNova, its new bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology allows blockchains to connect interoperably without the need for a centralized bridge.
  “HyperNova is a major breakthrough for the blockchain industry,” s
  
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• Staynex Announces Exclusive Partnership with Miss Grand International in Vietnam

  28-08-2023 17:08 via coinjournal.net
  
  HCMC, Vietnam, August 28th, 2023, Chainwire
  Staynex has officially announced its collaboration with the highly-acclaimed Miss Grand International in Vietnam. Spanning across major cities, this event promises to be an exhilarating fusion of culture, beauty, and hospitality.
  “Established based on the goal of ‘elevating the travel-resort experience’, Staynex hopes that collaborating with a global ambassador will quickly spread the unique and different experiences brought by the pl
  
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• CryptoQuant Discusses How Bitcoin Has Changed In Past 1 Year

  28-08-2023 17:00 via newsbtc.com
  
  The on-chain analytics firm CryptoQuant has discussed how the Bitcoin market has changed during the past year.
  Bitcoin Has Been Going Through Some Changes Recently
  In a new post on X, CryptoQuant has broken down the changes that the cryptocurrency’s landscape has observed recently. The first would be that the US-based exchanges have been registering withdrawals, while the global platforms have seen growing holdings.
  The relevant on-chain indicator here is the “exchange reserve,&rdquo
  
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• Protocol Village: Binance Labs Invests in Delphinus, a Bet on Zero-Knowledge WebAssembly

  28-08-2023 16:51
  
  The latest in blockchain tech upgrades and announcements.
  
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• Binance’s Belgian Customers to Use Polish Entity In Bid to Escape Regulators’ Ban

  28-08-2023 16:36
  
  Financial authority FSMA told the company in June to cease serving Belgian customers from outside the European bloc
  
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• The Bitcoin Circular Economy Battles Entrenched Mindsets in El Salvador

  28-08-2023 16:28
  
  In his third weekly dispatch from El Salvador, Jonathan Martin meets two Bitcoin entrepreneurs working to improve financial inclusion.
  
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• The Landscape of Crypto Loans where Cryptocurrency Meets ... - cryptonewsbytes.com

  28-08-2023 16:25
  
  The Landscape of Crypto Loans where Cryptocurrency Meets ...  cryptonewsbytes.com
  
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• Bitcoin traders pinpoint support levels as BTC price taps $26.2K

  28-08-2023 16:18 via cointelegraph.com
  
  It's all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says.
  
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• South Korea Enforces Stricter Regulations for Cryptocurrency ... - Bitcoinsensus

  28-08-2023 16:08
  
  South Korea Enforces Stricter Regulations for Cryptocurrency ...  Bitcoinsensus
  
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• Solana-based protocol Clockwork to shut down

  28-08-2023 16:07 via coinjournal.net
  
  Clockwork is a Solana-based smart contracts automation tool that raised $4 million from Multicoin and other investors.
  The Devnet and mainnet nodes will be frozen on October 31.Solana ecosystem platform Clockwork is shutting down its nodes on Devnet and mainnet on October 31, founder Nick Garfield announced on Sunday.
  The smart contracts project, which raised $4 million from investors in a round led by Multicoin Capital, however says the code remains open-source for any developer looking to for
  
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• JP Morgan Explains Why Bitcoin Price May Not Fall Further

  28-08-2023 16:00 via newsbtc.com
  
  The cryptocurrency market has been in a declining trend for years. However, reports reveal a possible recovery and bullish turn for popular cryptocurrencies in the space. JP Morgan has predicted a possible price rebound for Bitcoin, saying that long-term liquidations are “largely behind us.”
  JP Morgan Sees Upside For Bitcoin Price
  JP Morgan, an American multinational financial services firm published an interesting research report on Thursday, August 24. Analysts led by Nikolaos Pani
  
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• Google updates service policies to comply with EU regulations

  28-08-2023 15:43 via cointelegraph.com
  
  Google and other major platforms on the web will need to update their service policies in order to comply with EU standards in its Digital Services Act by Aug. 28.
  
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• OnlyFans Parent Company Buys $20 Million Worth of Ethereum – A Boost To ETH Price?

  28-08-2023 15:10 via newsbtc.com
  
  OnlyFans, the well-known adult content subscription platform, has made a bold move into the world of cryptocurrencies. Its parent company, Fenix International, recently revealed its significant investment of nearly $20 million in Ether (ETH) in 2022. 
  According to official financial filings submitted to the UK corporate registry, Fenix International acquired nearly $20 million worth of ETH over a two-year period.
  While the company’s investment in Ether demonstrates its progressive app
  
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• What are large language models, and how to deploy them?

  28-08-2023 15:07 via cointelegraph.com
  
  Explore the world of large language models and AI wonders designed to comprehend and generate human-like text.
  
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• 5 real-world Python applications 

  28-08-2023 15:07 via cointelegraph.com
  
  From web development frameworks to machine learning libraries, Python’s versatility is driving innovation across the board.
  
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• Islamic finance and Web3 take stage at Istanbul Blockchain Week

  28-08-2023 15:01 via cointelegraph.com
  
  Istanbul Blockchain Week made some necessary modifications this year to reflect the change in the overall crypto market.
  
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• Cryptocurrency: Will Crypto Get Its Buzz Back? - TipRanks.com - TipRanks

  28-08-2023 14:59
  
  Cryptocurrency: Will Crypto Get Its Buzz Back? - TipRanks.com  TipRanks
  
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• How Much Is 30 Bitcoins Worth - Cryptocurrency Investment At ... - Asia Insurance Review

  28-08-2023 14:56
  
  How Much Is 30 Bitcoins Worth - Cryptocurrency Investment At ...  Asia Insurance Review
  
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• Binance adds fiat currency restrictions for Russian users

  28-08-2023 14:45 via cointelegraph.com
  
  Russian ruble use on Binance P2P has been restricted to Russian citizens who live in the country.
  
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• Solana-based Automation Startup Clockwork to Shut Down

  28-08-2023 14:18
  
  Solana-based automation project Clockwork’s developers are moving on from the venture-backed startup after finding it had “limited commercial upside.”
  
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• Friend.tech Activity Crashes 94%, Is This The End?

  28-08-2023 14:00 via newsbtc.com
  
  Decentralized social networks have always faced significant challenges to gain mainstream adoption. Such is the apparent case of Friend.tech, a new decentralized app that enjoyed explosive growth earlier this month. 
  Just barely two weeks after its launch, Friend.tech saw its trading fees grow to rival top cryptocurrencies like Bitcoin and Tron. However, the euphoria is starting to subside, as activity and trading fees on the social media app have crashed by 94%. 
  Friend.tech Records M
  
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• CoinStructive and EFANI Join Forces to Enhance Mobile Security in the Cryptocurrency Industry - EIN News

  28-08-2023 14:00
  CoinStructive and EFANI Join Forces to Enhance Mobile Security in the Cryptocurrency Industry  EIN News
  
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• Cryptocurrency Market Tries to Reverse Modest Declines as US ... - msnNOW

  28-08-2023 13:23
  
  Cryptocurrency Market Tries to Reverse Modest Declines as US ...  msnNOW
  
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