Instead of targeting said hackers or going after identifiable bad actors, the government has imposed a sweeping ban on the protocol. Elliptic, an analytics company, said it has identified some $1.5 billion in illicit funds earned through ransomware, fraud or hacks. Source
Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. โIt is important to avoid an emergency sale of Tesla stockโ if Twitter forces him to close the $44 billion deal to buy the social media platform, the Tesla CEO stressed. Elon Musk Sells Nearly 8 Million TSLA Shares Tesla and Spacex CEO Elon Musk has sold 7,924,107 shares of Tesla (Nasdaq: TSLA), according to a filing with the U.S. Securities and Exchange Commission (SEC) Tuesday night. The transactions took place on Aug. 5, 8, and 9.…
On Thursday, cryptocurrency exchange Hotbit said it “suspended trading, deposit, withdrawal and funding functions,” with no timeframe for resumption. In explaining the decision, Hotbit stated: “A former Hotbit management employee who left in April this year was, unbeknownst to Hotbit, involved in a project in 2021 that law enforcement authorities now think is suspected of violating criminal laws. As a result, a number of Hotbit senior managers have been subpoenaed by law enforcement since the end of July and are assisting in the investigation. Furthermore, law enforcement has frozen some…
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The crypto market has been trading in the green over todayโs session as it sees some relief from macro-economic factors. Today, the U.S. published Julyโs Consumer Price Index (CPI) print which hinted at a slowdown in inflation and allow Bitcoin, Ethereum, and others to experience some relief. CPI has been a key metric over the past months as the U.S. Federal Reserve (Fed) attempts to mitigate it by hiking interest rates and reducing its balance sheet. Thus, global markets have seen less liquidity which has negatively impacted risk-on assets, such…
A Georgetown Law professor sounds an alarm on how proof-of-stake makes it easier for ether to meet the Howey Test. Source
Data shows the Ethereum open interest has surged up to near all-time high values as the ETH 2.0 merge comes closer. Ethereum Open Interest Has Sharply Risen Up Recently As per the latest weekly report from Arcane Research, the ETH open interest in futures and perps has surged up to 4.2 million ETH in recent days. The โopen interestโ is an indicator that measures the total amount of Ethereum futures and perps contracts currently open in the market (denominated in ETH). The metric includes both shorts and longs. When the…
In this weekโs newsletter, read about Ethereum co-founder Vitalik Buterinโs proposal for stealth nonfungible token (NFT) ownership. Check out how a CryptoPunk will be split into thousands of pieces to enable smaller investors to access it, and how the NFT play-to-earn game Axie Infinity plans to double down on South Korea despite regulatory hurdles. In other news, learn about how NFT storage works according to two NFT experts. Lastly, check out how a Redditor turned criticisms of the NFT space into NFTs.ย Vitalik Buterin proposes stealth addresses for anonymous NFT…
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io What’s going on with Bitcoin? Is it a good time to buy bitcoin right now? Or perhaps we should remain bearish on Bitcoin? All of that and my price targets for Bitcoin in this video! ๐ $12,100 DOLLARS IN BONUSES ๐ ๐ฐTrade with Bybit: ($4,100 BONUS ๐ฐ) ๐ฐ Trade with BITGET: ($8,000 BONUS ๐ฐ) ๐ฐCertified Trading Education: (20% OFF) ๐ฐCrypto Investing Course (75% OFF) ๐ฐCrypto Masterclass: (For beginners) ๐ฐNORD VPN: 73% OFF (Use code: kralow) ๐ฐLedger Wallet: (Protect your crypto) ๐ฐTradingview: (Amazing…
Monero has its hands full trying to keep its momentum and rally forward. But, it must first overcome obstacles. As do other tokens. The token is trying to keep up with the upward tilt. Remarkably, XMR price is trying hard to recover and keep up with the pace but it seems XMR is doing a great job as itโs currently on the green and winging it. The daily price chart shows that XMR price is trying to soar upwards. Monero is gaining strides as it shoots up close to the…