Cryptocurrency news

• Starlink confirms it will block access to X in Brazil

  03-09-2024 23:40 via cointelegraph.com
  The SpaceX subsidiary claimed the Brazil Supreme Court decision was “illegal,” but it would comply by suspending access to the social media platform.
  
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• Penpie protocol exploited, suffers $27M loss

  03-09-2024 23:39 via cointelegraph.com
  Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. 
  
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• Bitcoin price loses traction as miner profits drop and spot BTC outflows persist

  03-09-2024 23:20 via cointelegraph.com
  Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows.
  
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• Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC

  03-09-2024 23:11
  
  The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2%.
  
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• Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out

  03-09-2024 23:01 via cointelegraph.com
  With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump.
  
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• Solana Pullback To $137: Will Bulls Break Through Or Bears Dominate?

  03-09-2024 23:00 via newsbtc.com
  
  Solana (SOL) has recently pulled back to the $137 level, a key point that could dictate its next move in the market. As the cryptocurrency tests this resistance, market participants are watching closely to see if the bears will seize the opportunity to drive prices lower, or if the bulls will capitalize on this pullback to ignite a breakout. 
  This article aims to analyze Solana’s recent pullback to the $137 level and assess whether the bears can regain momentum to push the price lower
  
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• Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist

  03-09-2024 22:52
  
  Four team members listed in World Liberty Financial's white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Girls LLC.
  
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• DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%

  03-09-2024 22:46
  
  Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.
  
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• Bitcoin falls alongside stocks following Bank of Japan rate hike comments 

  03-09-2024 22:20 via cointelegraph.com
  Bitcoin opens the week in the red as comments from the Bank of Japan and a sharp sell-off in equities markets negatively impact BTC price.
  
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• Threshold community proposes merger to safeguard WBTC amid growing concerns

  03-09-2024 22:17 via coinjournal.net
  
  Threshold community proposes merging tBTC with WBTC.
  The proposal is driven by concerns over WBTC’s stability due to Justin Sun’s involvement.
  According to the proposal, BitGo will receive T tokens, becoming a major stakeholder in Threshold Network.In a strategic move to protect the future of Wrapped Bitcoin (WBTC), a proposal dubbed “#saveWBTC – a merger with Threshold’s tBTC” has been put forward to merge the decentralized tBTC token of Threshold with BitGo
  
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• SEC charges fund adviser Galois Capital over crypto custody failures

  03-09-2024 22:07 via coinjournal.net
  
  The SEC has charged investment adviser Galois Capital with crypto custody violations, including holding of investor assets on FTX.
  Galois Capital has settled with the regulator and will pay $225,000 in civil penalty.The US Securities and Exchange Commission has charged Florida-based investment adviser Galois Capital Management LLC over the company’s failure to properly custody client assets.
  In an announcement on September 3, the SEC said the Galois Capital had failed to comply with crypt
  
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• Cryptocurrency industry faces ‘difficult to detect’ North Korean social engineering scams, FBI says - The Record from Recorded Future News

  03-09-2024 21:55 via news.google.com
  Cryptocurrency industry faces ‘difficult to detect’ North Korean social engineering scams, FBI says  The Record from Recorded Future News
  
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• Forgd is Reinventing Web3 Advisory with Free Tools for Tokenomics Design

  03-09-2024 21:45 via coinjournal.net
  
  New York, NY, September 3rd, 2024, Chainwire
  Forgd, a token advisory and optimization platform, announced the launch of its free-to-use web platform, which provides blockchain projects unrestricted access to tools for tokenomics design, liquidity monitoring, cap table management, and financial planning. Forgd eliminates financial barriers associated with traditional Web3 Advisory and consolidates an otherwise fragmented services industry built to support blockchain projects as they issue a token
  
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• Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News

  03-09-2024 21:30 via newsbtc.com
  
  Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a potential crash below $40,000. However, the analyst also provides a silver lining to his bearish outlook, anticipating a major rebound after the decline. 
  Bitcoin May B
  
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• FBI warns of North Korean ’social engineering’ schemes to steal crypto

  03-09-2024 21:25 via cointelegraph.com
  DPRK scammers have been employing fake offers of employment and investment opportunities to trick crypto users into downloading malware.
  
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• Dubai Court Confirms Salaries Are Payable in Cryptocurrency - SHRM

  03-09-2024 21:23 via news.google.com
  Dubai Court Confirms Salaries Are Payable in Cryptocurrency  SHRM
  
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• How much Bitcoin does the average whale hold?

  03-09-2024 21:19 via cointelegraph.com
  Bitcoin addresses with balances between 1,000 and 10,000 BTC hold the largest share, 24.17%, of the total BTC supply. 
  
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• SEC charges fund adviser Galois Capital for FTX crypto custody

  03-09-2024 21:16 via cointelegraph.com
  The fund allegedly lost about half of its assets following FTX's collapse. 
  
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• ZKsync developer Matter Labs lays off 16% of its workforce

  03-09-2024 21:05 via coinjournal.net
  
  Matter Labs has laid off 24 employees, over 16% of its workforce, amid market changes.
  The company is shifting focus from general-purpose scaling to niche applications.
  Despite layoffs, Matter Labs continues hiring for critical engineering and business roles.Matter Labs, the company behind the Ethereum scaling network ZKsync, has announced the layoff of over 16% of its workforce, affecting 24 employees.
  The announcement, made on September 3, 2024, by Matter Labs’ co-founder and CEO Alex G
  
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• Cryptocurrency Render Decreases More Than 3% Within 24 hours - Benzinga

  03-09-2024 21:00 via news.google.com
  Cryptocurrency Render Decreases More Than 3% Within 24 hours  Benzinga
  
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• Bitcoin network hashrate reaches new all-time high 

  03-09-2024 20:57 via cointelegraph.com
  Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion.
  
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• How Decentralized AI and Zero-Knowledge Proofs Will Democratize Compute

  03-09-2024 20:55
  
  AI is at risk of the same centralization seen in earlier editions of the internet. But another way is possible, say Mahesh Ramakrishnan and Vinayak Kurup.
  
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• Avalanche announces Avalanche9000, its largest upgrade since mainnet launch

  03-09-2024 20:28 via coinjournal.net
  
  Avalanche9000 upgrade will enhance subnet deployment on Avalanche, making L1 launches more feasible.
  The upgrade will also Introduce customizable chains, speeding up project development and market entry.
  The announcement has had no impact on the price of AVAX, which is down 2.22% amid a broader market decline.Avalanche, a leading high-performance blockchain platform, has unveiled its most significant network upgrade since its mainnet debut in September 2020. The upgrade, named Avalanche9000, ma
  
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• Solana (SOL) Is ‘Truly In Limbo’ If This Happens, Warns Crypto Analyst

  03-09-2024 20:00 via newsbtc.com
  
  A recent statement made by Austin Federa, a strategist at the Solana Foundation, has sparked a widespread debate within the crypto community. On Monday, Federa proposed a novel conceptualization for several enhancements on the Solana blockchain via a post on X, suggesting that “most of the L2-ish things on Solana are better thought of as Network Extensions.”
  “While the underlying tech stack might resemble Bitcoin or Ethereum L2’s, the function and role is so radically dif
  
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• Solana 15.8% Drop Causes Community Concern, Mpeppe Moves Aggressively With 93% Stage 3 Completion

  03-09-2024 20:00 via newsbtc.com
  
  The cryptocurrency world is no stranger to volatility, but recent developments have sent ripples through the Solana (SOL) community, raising concerns about its future. Solana (SOL) has experienced a sharp 15.8% drop, leading to a flurry of reactions from investors and analysts alike. While Solana (SOL)’s decline has certainly captured attention, another player is moving aggressively in the background: Mpeppe (MPEPE). The meme-inspired casino token is making significant strides, with its St
  
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• Pepecoin Looks to Overthrow Dogecoin As Top Meme Whilst Mpeppe Gains Strong Momentum

  03-09-2024 20:00 via newsbtc.com
  
  Dogecoin (DOGE), the original meme coin, has long reigned supreme, turning everyday investors into millionaires and solidifying its place in crypto history. But as the market matures, new contenders like Pepecoin (PEPE) are stepping up, vying for the top spot. Meanwhile, Mpeppe (MPEPE) is quietly gaining momentum, with investors eagerly watching its presale for signs of a potential 100X return.
  The Dogecoin (DOGE) Success Story: A Journey of Hope
  Dogecoin (DOGE) has become a legend in the crypto
  
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• Fastest Growing Presale Mpeppe Set To Release its Edge Over Solana, Whales Anticipate 1000x Gains

  03-09-2024 20:00 via newsbtc.com
  
  The cryptocurrency landscape is ever-evolving, with new projects emerging that challenge even the most established blockchains. Solana (SOL), known for its impressive technical capabilities and rapid transaction speeds, has been a darling of the crypto world. However, as Solana (SOL) faces increasing competition, a new contender, Mpeppe (MPEPE), is poised to make waves, capturing the attention of whales and investors alike with its potential for astronomical returns.
  Solana’s (SOL) Rise an
  
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• Biggest Crypto Casino ICO Receives $1.1M From Solana Holders Within Days

  03-09-2024 20:00 via newsbtc.com
  
  The cryptocurrency market continues to surprise with rapid shifts and bold moves by investors. Recently, Solana (SOL) holders have turned their attention to a new and exciting opportunity, investing $1.1 million into Mpeppe (MPEPE), a meme-inspired casino token, within just a few days of its initial coin offering (ICO). This influx of capital from Solana (SOL) enthusiasts underscores the growing appeal of Mpeppe (MPEPE) and highlights the shifting dynamics within the crypto market.
  Solana’
  
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• 21.co launches Bitcoin wrapper on Ethereum

  03-09-2024 19:29 via cointelegraph.com
  It aims to bring institutional-grade security to wrapped BTC.
  
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• Matter Labs CEO announces company restructuring, layoffs

  03-09-2024 19:25 via cointelegraph.com
  Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync.
  
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• Crypto Firm Galois Capital Faces $200K Fine From US SEC For ‘Investor Violations’

  03-09-2024 19:19 via newsbtc.com
  
  The US Securities and Exchange Commission (SEC) has announced a settlement with troubled crypto hedge fund Galois Capital. The SEC charged Galois with failing to meet critical requirements for safeguarding customer assets, including those the agency stated were “securities”.FTX Costs Galois Capital Half Of Managed Assets
  According to the SEC’s announcement on Tuesday, Galois Capital’s missteps began in July 2022 when the firm allegedly did not ensure that certain crypto a
  
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• Casino Crazy Coin Mpeppe Becomes Internet Sensation Due To ICP 9.21% Drop

  03-09-2024 19:17 via newsbtc.com
  The cryptocurrency world has witnessed its fair share of ups and downs, with tokens rising and falling in value almost as quickly as they emerge. Recently, Internet Computer (ICP) has been the talk of the town, but not for the reasons its developers might have hoped. A 9.21% drop in Internet Computer (ICP)’s value has sent shockwaves through the market, leading investors to explore alternative options. One such option that has caught the eye of many is Mpeppe (MPEPE), a casino-themed crypt
  
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• Trump’s Crypto Revolution: How Digital Assets Are Reshaping the 2024 Presidential Race

  03-09-2024 19:07 via crypto-news.net
  
  In a stunning reversal that’s electrifying the cryptocurrency world, former President Donald Trump has gone from calling crypto a “scam” to positioning himself as the “crypto president” in his 2024 campaign. This dramatic shift is not just turning heads—it’s potentially reshaping the entire political landscape. A recent Fairleigh Dickinson University poll reveals a startling statistic:…
  The post Trump’s Crypto Revolution: How Digital Assets
  
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• Arbitrum Stylus mainnet launch opens Web3 for traditional coders

  03-09-2024 19:00 via cointelegraph.com
  Offchain Labs introduces Arbitrum Stylus on mainnet, enabling DApp development with WebAssembly languages, boosting performance, and lowering gas fees.
  
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• Why ‘Universal Basic Compute’ Is a Solution to Economic Inequality

  03-09-2024 18:46
  
  And how DePIN networks could make it possible, according to Mark Rydon, Co-Founder of Aethir.
  
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• Switchere now supports over 20 fiat currencies for instant cryptocurrency purchases - Cointelegraph

  03-09-2024 18:36 via news.google.com
  Switchere now supports over 20 fiat currencies for instant cryptocurrency purchases  Cointelegraph
  
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• Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo

  03-09-2024 18:33 via cointelegraph.com
  Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin.
  
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• Stacks (STX) Drops 15% Despite Continuous On-Chain Developments – Details

  03-09-2024 18:30 via newsbtc.com
  
  Stacks struggles to stand on level ground as it continues to fall despite the market’s attempt to rebound in the short term. According to CoinGecko, STX bled 15% since last week with the token attempting to reverse the downward momentum with a nearly 4% uptick in the past 24 hours.Stacks has been teasing the community, creating hype for the upcoming Nakamoto Upgrade with their ‘21 Days of Nakamoto’ event. The event, which commenced back on the 28th of August, started September
  
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• Why the SEC Is Wrong About NFTs

  03-09-2024 18:24
  
  The SEC's Wells notice against OpenSea showed once again how regulators are overreaching in interpreting the law, says Edward Lee, a professor at Santa Clara University School of Law, and the author of "Creators Take Control."
  
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• Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts

  03-09-2024 18:22
  
  Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report.
  
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• Will Pepecoin Make Any More Millionaires? Mpeppe Holders Beg To Differ

  03-09-2024 18:00 via newsbtc.com
  
  The cryptocurrency market has always been a hotbed of speculation and rapid wealth generation, with meme coins like Pepecoin (PEPE) making headlines for their incredible price surges. However, as the market matures, investors are beginning to question whether these meme coins can continue to deliver the same explosive returns. With the emergence of new contenders like Mpeppe (MPEPE), the debate about which tokens will dominate the next wave of crypto millionaires is heating up.
  Pepecoin (PEPE) E
  
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• SUI Price Analysis; Top Analyst Dives Into SUI Future Potential and More

  03-09-2024 18:00 via newsbtc.com
  
  The cryptocurrency market has always been a roller-coaster ride, and Sui (SUI) is no exception. Over the past week, SUI has experienced a significant drop, with a staggering 23% loss as market panic grips investors. Despite the strong developments within its ecosystem, SUI’s short-term performance appears to be clouded by fear, uncertainty, and doubt (FUD). However, amidst this turmoil, Mpeppe (MPEPE) is emerging as a potential contender for those seeking gains in the volatile crypto space
  
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• ICP, RENDER & MPEPE: Top Analyst Dives Into A.I Tokens and Future Predictions

  03-09-2024 18:00 via newsbtc.com
  
  As the cryptocurrency market continues to evolve, certain tokens are emerging as front-runners in the race to integrate artificial intelligence (AI) with blockchain technology. Among these are Internet Computer (ICP), Render (RNDR), and Mpeppe (MPEPE). Each of these tokens represents a unique approach to leveraging AI, offering investors promising opportunities for the future. A leading analyst recently provided insights into these tokens, offering predictions on their potential trajectory.
  Mpep
  
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• Ethereum Holders Add New A.I Gambling Token To Cryptocurrency Moonbags | Bitcoinist.com - Bitcoinist

  03-09-2024 18:00 via news.google.com
  Ethereum Holders Add New A.I Gambling Token To Cryptocurrency Moonbags | Bitcoinist.com  Bitcoinist
  
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• Ethereum ETF Couldn’t Save ETH From Falling, ETH Whales Search For New 100X Dreams

  03-09-2024 18:00 via newsbtc.com
  
  The cryptocurrency market has been anything but kind to Ethereum (ETH) lately. Despite the highly anticipated launch of Spot Ethereum ETFs, which many believed would bolster the asset’s price, Ethereum continues to struggle, casting doubts on its short-term potential. As the price of ETH remains trapped in a bearish trend, large investors, or “whales,” are beginning to seek out new opportunities for massive returns—enter Mpeppe (MPEPE), a rising star in the crypto space.
  
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• ETH Whales Take Cover In Mpeppe During Bearish Sentiment, Ethereum Price Analysis

  03-09-2024 18:00 via newsbtc.com
  
  The cryptocurrency market has always been a rollercoaster of emotions, with assets swinging between bullish optimism and bearish despair. Ethereum (ETH), one of the largest and most influential cryptocurrencies, is no stranger to this volatility. As the market takes a cautious turn, ETH whales are looking for safe havens to protect their investments, and Mpeppe (MPEPE) has emerged as an intriguing option.
  Roller coaster: Ethereum (ETH) Under Pressure
  Ethereum (ETH) has recently faced significant
  
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• Institutional DeFi Needs a BUIDL Moment

  03-09-2024 17:55
  
  The lack of institutional adoption in DeFi is mostly due to capability limitations, not just regulatory uncertainty, says Jesus Rodriguez, CEO, IntoTheBlock.
  
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• Aave, Sky float partnership to bridge DeFi, TradFi

  03-09-2024 17:34 via cointelegraph.com
  The plan would create markets for DAI-replacement USDS on Aave.
  
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• Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low

  03-09-2024 17:21
  
  Flattish markets turned decidedly negative as U.S. stocks posted sharp losses following the three-day weekend.
  
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• Matter Labs Restructures to Meet Changing Demands, Lays Off 16% of Team

  03-09-2024 17:19
  
  The company made the move to adapt to "the different type of technology and support" that developers building on ZKsync now require.
  
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