Ethena’s risky path: A synthetic stablecoin cautionary tale
cointelegraph.com

The alternative stablecoin market is evolving, and projects like Ethena are leading the way, with a total value locked of $2.7 billion.

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Community Reacts as Democrats Fail to Mention Crypto Legislative Policy
cryptopotato.com

Sections of the crypto community are accusing Democratic leaders of paying lip service to the sector while failing to deliver any actual support. This follows Kamala Harris’s policy priorities, which omitted cryptocurrency, and Chuck Schumer’s letter to senators outlining key bipartisan legislation that also excluded it. Harris’s Policy Fails to Mention Crypto This morning, Vice […]

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FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams
news.bitcoin.com

The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses, highlighting the growing exploitation of digital currencies. The FBI further noted that crypto fraud represents nearly half of total losses. […]

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Crypto Whale Facing Liquidation of $26,470,000 WBTC Position on Compound: Lookonchain
dailyhodl.com

A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday. According to on-chain data tracker Lookonchain, a deep-pocketed whale with an Ethereum (ETH) address beginning with Oxceef was close to being liquidated on the decentralized finance (DeFi) platform Compound after Bitcoin dropped to […]

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Hedge Fund Veteran Says Crypto Facing ‘Quiet Quitting’ Crisis, Unveils Catalyst That Could Spark Altcoin Revival
dailyhodl.com

The crypto sector is currently enduring a “quiet quitting crisis,” according to a hedge fund and digital asset veteran. Quiet quitting, a term that was popularized in 2022, refers to employees who do the bare minimum level of work their jobs require and “quit” the idea of doing anything extra. Travis Kling, the founder and […]

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FBI: Americans lost $5.6 billion last year in <b>cryptocurrency</b> fraud scams – TribLIVE.com
www.google.com

WASHINGTON — Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report …

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Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction
www.newsbtc.com

Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have brought a slight change in momentum, with ETH seeing a 3.2% increase in price. Though this […]

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Kamala Harris releases policy platform details — No mention of crypto
cointelegraph.com

The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries.

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Liquid Restaking Platform Ether.fi Unveils Crypto Credit Card on Scroll
crypto-economy.com

TL;DR Ether.fi is launching the ‘Cash’ credit card in collaboration with Scroll, allowing the use of cryptocurrencies as collateral and offering a 3% cash-back reward. The card, available from September 16, is compatible with mobile payment providers like Apple Pay and will enable gasless transactions. The card will not be available in the United States […]

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PIN AI secures $10M from a16z CSX, Hack VC, and All-Star angels to launch open platform for personal AI
crypto-economy.com

San Francisco, United States, September 9th, 2024, Chainwire Innovative startup from Ethereum Core research, Google Brain, Stanford, MIT, and CMU aims to democratize on-device intelligence, empowering users with control over their personal AI, and receiving investment from a16z CSX, Hack VC, and investors from projects like Solana, Polygon, Near, Worldcoin, etc. PIN AI, a pioneering […]

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Tokyo Electric Power Subsidiary Now Mining Bitcoin
u.today

It could be possible to mine roughly $2.5 billion worth of Bitcoin per year with wasted power

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Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki
bitcoinmagazine.com

Monochrome Asset Management announced its Monochrome Bitcoin ETF (IBTC) will implement proof-of-reserves verification through a new partnership with Hoseki. This makes IBTC the first Australian spot Bitcoin ETF to adopt such transparency measures. Launched earlier this year, the Monochrome Bitcoin ETF has seen steady inflows totalling 134 Bitcoin worth over AUD 11 million. The fund […]

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Crypto Crackdown Down Under: ASIC’s Pyrrhic Victory against Kraken
www.financemagnates.com

At the end of August, the court agreed with the Australian Securities and Investment Commission (ASIC), confirming that the cryptocurrency exchange Kraken violated local regulations by offering margin products to retail clients. However, the company operating under the brand Bit Trade Pty Ltd claims that the issue is more complex. Kraken Margin Trading Ruling Exposes […]

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Here’s What Could Happen in December 2024 for Ethereum (ETH), According to Analyst Benjamin Cowen
dailyhodl.com

Crypto analyst Benjamin Cowen says that Ethereum (ETH) could finally reach a price bottom sometime in December of this year. In a new strategy session, Cowen tells his 812,000 YouTube subscribers that the unemployment rate in the US has historically topped out in December, coinciding with a bottom in crypto markets. Given that unemployment is […]

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Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein
news.bitcoin.com

Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency market while a Kamala Harris victory may cause bitcoin to fall below […]

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Tether Ventures into Agriculture with $100M Investment in South America’s Adecoagro
cryptopotato.com

USDT issuer Tether has made a move into the agriculture sector with a $100 million investment in Adecoagro, a South American agricultural firm. This marks its first venture into the agriculture and food industry, expanding its investment portfolio beyond its previous focus areas of technology and digital assets. Tether Acquires 9.8% Stake in Adecoagro In […]

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Bengaluru Rameshwaram blast: NIA chargesheet says accused ISIS radicals, were funded …
www.google.com

Bengaluru Rameshwaram blast: NIA chargesheet says accused ISIS radicals, were funded through cryptocurrency … Cryptocurrency. SHARE. Copy. Whatsapp …

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Aave, Uniswap & Mpeppe: How To Turn $2500 To $25000 With Uniswap and Mpeppe Casino, AAVE Price Analysis
www.newsbtc.com

The cryptocurrency market is no stranger to dramatic price surges, and seasoned investors are always on the lookout for the next opportunity to multiply their investments. Aave (AAVE), Uniswap (UNI), and the rising star Mpeppe (MPEPE) have been capturing the attention of investors eager to turn modest investments into substantial profits. With Mpeppe (MPEPE) preparing […]

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CFTC charges Uniswap, Brazil’s X ban, and more: Law Decoded
cointelegraph.com

Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges.

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Dogecoin (DOGE) Price on Verge of Big Breakout as Key Bull Pattern Emerges
u.today

Don’t miss next big move as Dogecoin (DOGE) is primed for massive breakout, if this powerful bullish pattern plays out

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Proof of Workforce and Careers In Government Partner to Integrate Bitcoin into Public Sector Jobs
bitcoinmagazine.com

The Proof of Workforce Foundation (POWF) and Careers In Government Inc. (CIG) have launched a strategic partnership aimed at integrating Bitcoin into public sector employment practices, according to a press release sent to Bitcoin Magazine. This collaboration seeks to enhance financial security, attract talent, and foster innovation within the government workforce through Bitcoin-based compensation and […]

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Bitcoin Short-Term Holders Feeling the Stress As Correction Brings Positions Underwater: Glassnode
dailyhodl.com

Short-term holders (STHs) of Bitcoin are feeling pain as BTC falls in price, creating the potential for heightened volatility, according to analytics firm Glassnode. In a new report, Glassnode says that the short-term holder cohort is “heavily underwater” in their positions. “The Bitcoin market has continued to experience downward pressure over recent months despite the […]

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The Growing Influence of Crypto Casinos in the Blockchain Economy
crypto-economy.com

One of the fundamental revolutions of the 20th century is the blockchain economy, which is transforming industries completely, and the casino field is no exception. The trending-now crypto casinos, powered by nothing else but blockchain technology, are making waves in the gambling scene, delivering more transparency, decentralized control, and faster and safer transactions. Crypto casino […]

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Friend.Tech’s Dramatic Fall: Token Crashes 28% as Developers Abandon Platform
crypto-economy.com

TL;DR Friend.Tech is shutting down. The development team transferred the smart contracts to a null address on Ethereum, locking the system and preventing future updates. The FRIEND token has dropped 28% in 24 hours and nearly 74% in a week, with a current value of $0.08259. Drastic Drop in Revenue and Token Value: Monthly revenues […]

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Arthur Hayes Closes Short Position, Expects Explosive Reversal in Bitcoin Price
cryptonews.com.au

September’s volatility has crypto traders concerned – but Bitcoin has enjoyed a solid start to the week, contradicting bloodshed on the ASX. Analyst and crypto entrepreneur Arthur Hayes wanted to profit from Bitcoin’s sluggish September, putting in a short position at US $50k. BTC dug its heels in and never looked like dropping below the […]

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Coinbase Developer Platform Lead Says “Ton of Demand” for AI-crypto Transactions
cryptonews.com.au

Coinbase has burst onto the AI crypto sub-sector, revealing the team has facilitated one of the world’s first AI-to-AI transactions using digital currencies. There is a “ton of demand” for such services, allowing traders to automate strategies with greater market depth and analysis compared to traditional trading bots. The potential for AI conducting crypto transactions […]

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Tokocrypto Bags PFAK with Binance Boost, Gaining Ground in Indonesia’s Crypto Arena
www.financemagnates.com

Tokocrypto, a member of the Binance group, has been granted the Physical Crypto Asset Trader (PFAK) license by Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti). In 2024, Tokocrypto’s user base has expanded to over 4.5 million, and the platform has reported a 138% increase in its monthly average trading volume. Gaining Full Authorization The PFAK […]

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Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License
news.bitcoin.com

Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights Tokocrypto’s commitment to regulatory compliance and strengthens its position in Indonesia’s growing […]

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<b>Cryptocurrency</b> Artificial Superintelligence Alliance's Price Increased More Than 5% Within 24 hours
www.google.com

Artificial Superintelligence Alliance's (CRYPTO: FET) price has increased 5.79% over the past 24 hours to $1.14, which is in the opposite …

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Uniswap: Whale UNI Investors Add Mpeppe and Other Upcoming Ethereum Memecoins In Hopes Of 100X Gains
www.newsbtc.com

In the volatile world of cryptocurrency, opportunities often arise where others see only uncertainty. Recently, some of the largest Uniswap (UNI) investors have begun accumulating new and promising Ethereum-based meme coins, hoping to capitalize on potential 100X gains. Among the standout contenders is Mpeppe (MPEPE), a memecoin merging sports fandom with blockchain technology. As Uniswap […]

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Bitcoin price shows strength above its recent lows — Here is why
cointelegraph.com

A stock market recovery, investors’ anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains.

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Ripple Price Analysis: XRP Needs to Stay Above This Key Level to Avoid Further Declines
cryptopotato.com

Ripple has undergone another sharp drop, breaking below the critical 100-day moving average of $0.53. This breakdown underscores the bearish outlook for the asset, with the price likely to continue its downtrend after a period of temporary consolidation. XRP Analysis By Shayan The Daily Chart A closer look at the daily chart shows that Ripple […]

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