A surprisingly large proportion of crypto owners report they would purchase a crypo asset because it is endorsed by a celebrity or influencer.
Biden to nominate anti-crypto and anti-big bank law professor to run the OCC
Omarova has stated she hopes to “end banking as we know it” but believes large financial firms can abuse the crypto market outside of regulators’ view.
‘Extreme fear’ as Bitcoin falls below $40K … and then bounces
While many analysts believe Bitcoin is destined for six-figures if support at $40,000 can hold up, others are predicting an imminent bear cycle.
Top Brazilian investment bank BTG Pactual launches crypto trading app
Initially supporting BTC and ETH only, BTG Pactual’s new crypto trading platform plans to allow its users to trade a wide range of altcoins.
Optimism announces upgrades enabling ‘one-click’ roll-up deployment
As competition between layer-two scaling solutions heats up, Optimism has announced one-click roll-up deployments.
$1.2B in Ether withdrawn from centralized exchanges in record daily outflow
More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It’s the second time this year and the price went vertical last time.
Treasury plots stablecoin crackdown even as Tether’s dominance wanes
While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4% respectively.
Does Evergrande’s $300B debt crisis pose systemic risk to the crypto industry?
As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto.
SkyBridge raises $100M for Algorand fund and files for crypto company ETF
Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency.
Coinbase increases junk bond offering to $2B after investors swarm
Coinbase has sold $2 billion worth of corporate bonds in an offering that saw $7 billion worth of bids placed.
PrimeDAO raises $2M to build cooperative platform for DAOs
PrimeDAO has raised $2 million from DeFi funds that share its vision for a collaborative platform enabling cooperation between decentralized autonomous organizations.
Solana and Arbitrum knocked offline while Ethereum evades attack
Solana’s validators are preparing a new release after the network was brought down by a sudden surge in transaction volume while Ethereum has evaded a malicious attack.
Bitcoin miner Greenidge set for Nasdaq listing through merger
The merger is expected to push through as of market close on Sept. 14, with Greenidge slated to begin trading on the NASDAQ the following day.
Cardano launches smart contracts after successful hard fork
Cardano has completed its Alonzo hard fork to introduce Plutus-powered smart contract scripts.
El Salvador’s bonds suffer as Bitcoin Law takes effect
Bond investors appear to be betting against El Salvador’s controversial Bitcoin Law, but other factors need to be taken into account.
Ukraine passes legislation to recognize and regulate crypto
Ukraine is hoping its new digital asset regulations will attract foreign crypto exchanges to set up shop in the Eastern European nation.
BitMEX racketeering complaint dismissed over lengthy ‘copy and paste’ claims
Plaintiffs accusing BitMEX of market manipulation and racketeering violations will not be able to file their complaint again after being shot down by Judge William Orrick for the second time.
Kraken Australia CEO talks the August market report and BTC price slump
“We always see corrections when we get to all-time highs. I think it’s a natural part of the cycle,” said Kraken Australia CEO Jonathan Miller.
El Salvador says merchants must process BTC transactions — or they may face action
A Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions.
Lobby Lobsters NFT drop raises $4 million in one hour to support DeFi lobbying efforts
All revenues from secondary sales will also be disbursed to support DeFi lobbying efforts globally.