Crypto Biz: Riot increases Bitfarms stake in takeover strategyThis week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil.Aug 16, 2024Ana Paula Pereira
California removes teeth from AI law without addressing tech’s core concernsThe law appears more corporate-friendly, but the implications for consumers are a bit murkier.Aug 16, 2024Tristan Greene
Lower interest rates could be the key to DeFi summer: HashKey Capital CEODeclining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence.Aug 16, 2024Deng Chao
AI researchers want to solve bot problem by requiring ID to use internetThe researchers based their ideas on “proof of personhood” technologies developed by the blockchain community.Aug 16, 2024Tristan Greene
Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance RedefinedCrypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun.Aug 16, 2024Zoltan Vardai
Texas senator discloses up to $100K in BTC after blockchain endorsementAfter visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.Aug 16, 2024Turner Wright
VC Roundup: Crypto fundraising grows, but investors are more waryThis edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge.Aug 16, 2024Ana Paula Pereira
Price analysis 8/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIBBitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.Aug 16, 2024Rakesh Upadhyay
Germany’s Information Security Office champions hardware walletsAccording to a recent Chainalysis report, thefts resulting from crypto hacks and exploits have totaled $1.58 billion in 2024.Aug 16, 2024Vince Quill
Bybit receives VASP, card operator registration in ArgentinaBybit’s registration as a virtual asset service provider was made possible by a law passed in July.Aug 16, 2024Derek Andersen
Goldman Sachs, Capula, Avenir were biggest BTC ETF buyers in Q2 — CoinShares The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.Aug 16, 2024Alex O’Donnell
NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changesActivity keeps heating up around Bitcoin and Ether ETF options.Aug 16, 2024Alex O’Donnell
US Financial Services Committee leaders want ‘regulatory sandboxes’ for AI In a letter signed by Republicans, the committee responded to a request for information sent by the Department of the Treasury.Aug 16, 2024Tristan Greene
Cantor Fitzgerald CEO to co-lead Trump transition teamThe financial services company has managed the treasury portfolio for stablecoin issuer Tether since 2021.Aug 16, 2024Turner Wright
Bitcoin price stumbles as gold price hits $2.5K for the first time everBitcoin could hardly look less like gold as sideways BTC price moves meet all-time highs.Aug 16, 2024William Suberg
Bitcoin is back in ‘accumulation’ — What does it mean for BTC price?Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700.Aug 16, 2024Zoltan Vardai
Ronin bridge hack caused by error in upgrade deployment script — VerichainsThe upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw “without signature.”Aug 16, 2024Allen Scott
DeFi market stages a comeback as derivatives surgeOnchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition.Aug 16, 2024Shiraz Jagati
Malaysia adopts Worldcoin for personal verification and digital IDMalaysia aims to tackle national challenges and unlock economic opportunities by adopting cutting-edge biometric verification technology.Aug 16, 2024Amaka Nwaokocha
Bitdeer to expand operations with $150M convertible notes offeringBitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering.Aug 16, 2024Ezra Reguerra
Does Hong Kong have issues with USDT and USDC? — Exec weighs inAs Hong Kong looks into creating Hong Kong dollar and US dollar stablecoins, a local industry executive addresses possible implications for UDST and USDC.Aug 16, 2024Helen Partz
Institutional adoption of Bitcoin ETFs surges 27% in Q2Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs.Aug 16, 2024Zoltan Vardai
Bitcoin funding rates hit YTD lows, bearish trend looms — CryptoQuantBitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes.Aug 16, 2024Josh O'Sullivan
South Africa’s new AI framework sets foundation for tech leadershipAs stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy.Aug 16, 2024Amaka Nwaokocha
Bitcoin Spot ETFs net $11M inflow, despite GBTC lossDespite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows.Aug 16, 2024Josh O'Sullivan
Coinbase cbBTC token may revolutionize Bitcoin DeFi adoptionCoinbase’s step marks the latest significant institutional entrant to the field of BTCFi.Aug 16, 2024Zoltan Vardai
Bitcoin price bounces 4% as triple ‘death cross’ sparks sub-$50K warningBTC price weakness sees negative funding rates and a distinctly risk-off mood among Bitcoin traders.Aug 16, 2024William Suberg
Dubai court recognizes crypto as a valid salary paymentUAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions.Aug 16, 2024Ezra Reguerra
Arbitrum DAO boosts ARB utility with staking and governance upgradesThe DAO bolstered its framework and community by enabling ARB staking and enhancing token utility and security.Aug 16, 2024Amaka Nwaokocha
Bank of Ghana unveils draft rules for cryptocurrency exchangesThe Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures.Aug 16, 2024Arijit Sarkar