Cryptocurrency news

• Ripple legal team opposes SEC appeal over XRP decision

  01-09-2023 23:53 via cointelegraph.com
  
  Lawyers argued the SEC’s grounds for an appeal was based on “dissatisfaction” with a July court decision that the XRP token did not largely qualify as a security.
  
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• The story of a crypto influencer’s attempt to bend reality

  01-09-2023 23:50 via cointelegraph.com
  
  A bizarre tale about Carl ‘The Moon” Runefelt asking Cointelegraph to revise history on his behalf by concealing old claims that he co-founded a crypto app.
  
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• Shiba Inu Frenzy: Shibarium Surpasses 800,000 Wallets, SHIB Slips 2% On The Sidelines

  01-09-2023 23:30 via newsbtc.com
  
  After overcoming initial setbacks, Shibarium, an Ethereum (ETH) layer-2 (L2) network backed by Shiba Inu (SHIB) tokens, has experienced a remarkable surge in metrics.
  With over 820,000 new wallet addresses and more than 90,000 daily transactions, Shibarium has demonstrated its appeal to users seeking faster, cheaper, and more private off-chain transactions while leveraging the security of the underlying Ethereum blockchain.
  Shibarium Emerges Strong
  Shibarium operates as a layer-2 network built o
  
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• Digital rupee gets big usability boost through Yes Bank integration with UPI

  01-09-2023 23:30 via cointelegraph.com
  
  Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December.
  
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• SEC Hasn't Met Requirements to Argue for an Appeal, Ripple Says

  01-09-2023 22:48
  
  Ripple made its case to a federal judge for why the U.S. Securities and Exchange Commission shouldn't be able to appeal her ruling on its programmatic sales of XRP on Friday.
  
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• Large Bitcoin Holders Accumulate $1.5B Worth of BTC as Price Wavers

  01-09-2023 22:31
  
  The accumulation by BTC whales suggests optimism among large investors, IntoTheBlock’s head of research noted.
  
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• Brace For Impact: $18.7M In SUI Set To Flood The Market, What To Expect?

  01-09-2023 22:00 via newsbtc.com
  
  The Sui Network, known for its fast-paced growth and community support, is on the verge of a notable event. On September 3rd, a massive amount of SUI tokens, worth roughly $18.7 million, will be unlocked.
  Given its nature and the significant sum involved, this move could have some implications for the altcoin’s market dynamics in the coming days.A Rewarding Gesture For The Early Birds?
  The details surrounding this unlocking event have been transparently shared with the public. Accordi
  
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• Protecting Your Digital Assets: How to Safeguard Your Cryptocurrency and What to Do If It's Stolen - Startup.info

  01-09-2023 21:56
  Protecting Your Digital Assets: How to Safeguard Your Cryptocurrency and What to Do If It's Stolen  Startup.info
  
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• Bitcoin Slumps to $25.5K, With Price Now Probing August Low

  01-09-2023 21:47
  
  The CoinDesk Market Index, a weighted index of over 100 tokens, fell 0.71% in the past 24 hours, suggesting profit-taking across the board.
  
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• Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined

  01-09-2023 21:25 via cointelegraph.com
  
  DeFi exploits resulted in losses of over $16 million in August.
  
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• Crypto Price Prediction: ThorChain (RUNE), Flare, Tron

  01-09-2023 21:19 via coinjournal.net
  
  Cryptocurrencies jumped on Wednesday after Grayscale’s victory.
  They then recoiled on Thursday after the SEC delayed its decision on ETFs.
  Cryptocurrencies had a mixed week after Grayscale scored a major victory against the Securities and Exchange Commission (SEC). That verdict led to a major rebound of most cryptocurrencies like Bitcoin and Litecoin. 
  The gains were short-lived after the SEC decided to delay its decision on several ETF proposals by companies like Blackrock, Invesco,
  
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• The Collapse of the Cryptocurrency Ponzi Scheme FXT - WORT-FM ... - Wortfm

  01-09-2023 21:11
  
  The Collapse of the Cryptocurrency Ponzi Scheme FXT - WORT-FM ...  Wortfm
  
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• Kentucky regulator denies plan for subsidizing crypto mining facility

  01-09-2023 21:03 via cointelegraph.com
  
  A proposed contact with the Kentucky Power Company would have allowed Ebon International to receive a discounted rate for service at its crypto mining facility over a decade.
  
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• This Metric Hinted At The Bitcoin Retrace In Advance

  01-09-2023 21:00 via newsbtc.com
  
  The trend in the total supply of the stablecoins may have hinted in advance that the Bitcoin rally wouldn’t last too long.
  Bitcoin Stablecoins Supply Hasn’t Moved Much Recently
  An analyst in a CryptoQuant Quicktake post explained that the latest news has been unable to make the stablecoins supply budge. The “stablecoins supply” here refers to the total circulating supply of all stablecoins in the sector.
  Generally, investors use stables to escape the volatility associated
  
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• Cryptocurrency Hedera Falls More Than 4% In 24 hours - Benzinga

  01-09-2023 21:00
  Cryptocurrency Hedera Falls More Than 4% In 24 hours  Benzinga
  
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• States Leave Big Bucks on the Table by Ignoring Cryptocurrency - Bloomberg Tax

  01-09-2023 20:53
  
  States Leave Big Bucks on the Table by Ignoring Cryptocurrency  Bloomberg Tax
  
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• Price analysis 9/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

  01-09-2023 20:41 via cointelegraph.com
  
  Bitcoin and most altcoins gave back the entirety of their gains shortly after the SEC decided to delay issuing a decision on all of the recently filed spot Bitcoin ETF applications.
  
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• MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says

  01-09-2023 20:02
  
  Some community members have already pushed back against the idea.
  
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• Bitcoin Freefall Alert: On-Chain Metrics Expose Vulnerability, Targets $23,000

  01-09-2023 20:00 via newsbtc.com
  
  The recent decline in Bitcoin (BTC) has raised concerns among market participants as the largest cryptocurrency struggles to maintain its upward momentum. 
  With the loss of key moving averages and the $27,000 level, BTC’s sharp decline has been exacerbated by negative market sentiment and delays in the approval of spot Bitcoin Exchange-Traded Funds (ETFs) by the US Securities and Exchange Commission (SEC). 
  Adding to the bearish outlook is the analysis of on-chain data, which sug
  
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• Bitcoin continues to outperform Warren Buffett’s portfolio, and the gap is set to widen

  01-09-2023 19:35 via cointelegraph.com
  
  Spot and levered Bitcoin positions have outperformed Berkshire Hathaway stock performance since early 2019. It is time for Warren Buffett to buy Bitcoin?
  
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• Russian-Origin Malware 'Infamous Chisel': Cryptocurrency Threat - The Coin Republic

  01-09-2023 19:16
  
  Russian-Origin Malware 'Infamous Chisel': Cryptocurrency Threat  The Coin Republic
  
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• Former SEC chair says spot Bitcoin ETF approval is 'inevitable' despite delays

  01-09-2023 19:01 via cointelegraph.com
  
  The commission has another 45 days to approve, deny, or delay spot Bitcoin exchange-traded fund applications from 7 major firms.
  
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• New Job Listing Indicates What Ripple Is Focusing On Next

  01-09-2023 19:00 via newsbtc.com
  Following its partial victory over the United States Securities and Exchange Commission (SEC), Ripple seems to be turning its attention toward avoiding a repeat of such a lawsuit, as evidenced by its most recent job posting.
  Ripple Wants Compliance Talent
  Ripple is seemingly looking to improve its compliance with sanctions and regulatory developments through a more proactive approach. To this end, the payments processor is actively hiring talent to fill a role advertised as “Web3 Specialis
  
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• The Secret Victory: How Bitcoin Flipped The Energy Consumption Narrative

  01-09-2023 18:00 via newsbtc.com
  
  The debate surrounding the Bitcoin network’s energy consumption has been intense and mostly tilted in favor of BTC detractors. These individuals and entities have used the Cambridge Bitcoin Electricity Consumption Index (CBECI) to make an argument against the cryptocurrency.
  However, Cambridge has updated its CBECI to reflect new data, potentially flipping the discourse around Bitcoin’s sustainability. This report previously compared BTC’s energy consumption to some major Europ
  
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• Bitcoin lines up RSI showdown as BTC price slips toward new 2-week low

  01-09-2023 17:40 via cointelegraph.com
  
  Bitcoin erases all trace of "Grayscale hype" with September offering a trip below $26,000 and limited chance of upside, BTC price analysis warns.
  
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• New Cryptocurrency Alert: Shiba Memu Surges to $2.3m — Could it ... - The Coin Republic

  01-09-2023 17:31
  
  New Cryptocurrency Alert: Shiba Memu Surges to $2.3m — Could it ...  The Coin Republic
  
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• Bitcoin: The Evolution from Concept to Cryptocurrency King - Crypto Times

  01-09-2023 17:21
  
  Bitcoin: The Evolution from Concept to Cryptocurrency King  Crypto Times
  
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• Onboarding crypto users in Africa vs. the West — Fonbnk founder Christian Duffus explains

  01-09-2023 17:20 via cointelegraph.com
  
  Christian Duffus, founder of Fonbnk, believes a lack of basic infrastructure such as telecommunications is slowing down cryptocurrency adoption in Africa.
  
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• Bitcoin Plunges To $26,000 As Miners Sell Big

  01-09-2023 17:00 via newsbtc.com
  
  Bitcoin has plunged towards the $26,000 level as on-chain data shows the Bitcoin mines have been participating in a selloff.
  Bitcoin Miner To Exchange Flow Has Spiked During The Past Day
  As pointed out by an analyst in a CryptoQuant post, the miners have been showing signs of selling recently. The relevant indicator here is the “miner to exchange flow,” which keeps track of the total amount of Bitcoin that miners are depositing to exchanges.
  Generally, these chain validators only mak
  
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• Traders Are Paying 2,000% to Buy CYBER as Social Network's Tokens Soar

  01-09-2023 16:38
  
  The price of the tokens has more than doubled on some exchanges in the past week in an otherwise little-changed market.
  
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• Robinhood bought back Sam Bankman-Fried's stake from US govt for $606M

  01-09-2023 16:27 via cointelegraph.com
  
  The purchase of the 55 million Robinhood shares had been expected following approval from the company's board and a U.S. district court.
  
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• FTX’s-Sam Bankman-Fried Puts Trial Defense Together With 7 Expert Witnesses

  01-09-2023 16:00 via newsbtc.com
  
  Sam Bankman-Fried (SBF), the founder of the defunct FTX exchange, is set to face trial in October, barring any postponement. Amid the fracas, the former exchange CEO has maintained that he isn’t guilty of all these charges leveled against him and will be reportedly bringing expert witnesses to prove his innocence.
  Sam Bankman-Fried Defense To Call Seven Expert Witnesses 
  According to a Bloomberg report, Sam Bankman-Fried is employing the services of seven different expert witnesses to
  
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• Bitcoin Dips Below $26K as Payrolls Report Hints at Softening in U.S. Employment

  01-09-2023 15:57
  
  The CoinDesk Market Index, a weighted index of over 100 tokens, fell 0.71% in the past 24 hours, suggesting profit-taking across the board.
  
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• Polygon’s new open-source sidechain developer stack supports ZK-powered layer 2s on Ethereum

  01-09-2023 15:45 via cointelegraph.com
  
  Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem.
  
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• Polygon's new open-source L2 chain developer stack to support Ethereum ZK-powered layer 2s

  01-09-2023 15:45 via cointelegraph.com
  
  Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem.
  
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• Polygon makes new sidechain developer stack opensource, supporting ZK-powered Layer 2s on Ethereum

  01-09-2023 15:45 via cointelegraph.com
  
  Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem.
  
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• Robinhood to Buy Back Sam Bankman-Fried's Stake for $605.7M

  01-09-2023 15:43
  
  The 55 million HOOD shares owned by Bankman-Fried and fellow FTX co-founder Gary Wang through Emergent Fidelity Technologies.
  
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• Brazilian crypto streamer loses money by accidentally exposing private key

  01-09-2023 15:33 via cointelegraph.com
  
  The risks of cryptocurrency self-custody are real and should not be underestimated, as the private key can be stolen, destroyed or lost.
  
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• Brazilian crypto streamer loses $50K by accidentally exposing private key

  01-09-2023 15:33 via cointelegraph.com
  
  The risks of cryptocurrency self-custody are real and should not be underestimated, as the private key can be stolen, destroyed or lost.
  
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• BNB Price Forecast: Will It Break Through Resistance At $225?

  01-09-2023 15:00 via newsbtc.com
  
  As Binance Coin (BNB) grapples with a turbulent market, its recent struggles have highlighted a decline in network activity, fueling a lack of buying pressure. The latest roadblock at the formidable $225 resistance level has compounded the altcoin’s long-term bearish bias, casting a shadow over its prospects in the crypto landscape.
  Taking a closer look at BNB’s recent performance, the altcoin faced a flurry of selling pressure in mid-August, a critical moment that saw the key suppor
  
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• AI could revolutionize human resources, but there are risks

  01-09-2023 14:57 via cointelegraph.com
  
  While AI has the power to revolutionize human resources, it also leaves HR professionals open to certain risks.
  
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• US regulators deny blocking AI chip exports to Middle East

  01-09-2023 14:40 via cointelegraph.com
  
  The U.S. Department of Commerce denied blocking AI chip sales to the Middle East and remained silent about whether the requirements were only imposed on specific countries.
  
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• US, UK intel agencies warn against new crypto malware: Report

  01-09-2023 14:38 via cointelegraph.com
  
  Several U.S. and U.K. intelligence agencies have published a joint report warning users about a new malware called “Infamous Chisel,” which targets Android devices.
  
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• First Mover Americas: SEC Delays Spot Bitcoin ETF Decision for All Applicants

  01-09-2023 14:38
  
  The latest price moves in bitcoin (BTC) and crypto markets in context for Sept 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
  
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• U.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%

  01-09-2023 14:37
  
  With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst.
  
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• Increasing Opportunities In Cryptocurrency Custody Tool Market ... - Digital Journal

  01-09-2023 14:16
  Increasing Opportunities In Cryptocurrency Custody Tool Market ...  Digital Journal
  
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• Cybernetics Revolutionizes Cutting-Edge Solutions to Recover Lost ... - Digital Journal

  01-09-2023 14:16
  
  Cybernetics Revolutionizes Cutting-Edge Solutions to Recover Lost ...  Digital Journal
  
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• Stablecoins Can Provide an Escape From High-Inflation Currencies: Brevan Howard Digital

  01-09-2023 14:14
  
  Usage has shown a low correlation with crypto exchange volumes, which suggests that significant stablecoin transaction volumes are likely being used for non-speculative purposes, the report said.
  
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• China Court Recognizes Cryptocurrency as Legal Property: Report - BSC NEWS

  01-09-2023 14:11
  
  China Court Recognizes Cryptocurrency as Legal Property: Report  BSC NEWS
  
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• Veloce To Deploy Vext On Polygon – Evolving To Become The First Decentralised Global Sporting Group

  01-09-2023 14:07 via coinjournal.net
  
  London, United Kingdom, September 1st, 2023, Chainwire
  Veloce, the world’s leading digital racing media network, will be launching its Utility and Governance token, VEXT, on September 4th, 2023.
  VEXT will be launching exclusively on ByBit a top three global crypto exchange.
  Veloce has collaborated with Polygon Labs, an international software development company building Ethereum scaling architecture which facilitates swift, cost-effective, and secure transactions across the Polygon protoco
  
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