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Cryptocurrency News

Location American Cryptocurrency News for 4 August 2023
Looter Behind $61M Curve Hack Starts Returning Assets, Raising Hope for Recovery The exploited protocols offered a 10% bounty Thursday for returning the rest of the assets until the end f this week.
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Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight Coinbase filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping well outside its jurisdiction in suing the crypto exchange.
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Australian Regulator Sues Etoro to 'Protect Consumers From High-Risk CFD Products' The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the crypto platform Etoro. The lawsuit relates to Etoro’s contract for difference (CFD) product which ASIC alleges to be in breach...
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Russia Says BRICS Currency Unlikely in Near Future but De-Dollarization Grows Globally Russia says that a common BRICS currency is unlikely to be feasible in the near future but the process of de-dollarization of the global economy is inexorably underway. Russian Press Secretary Dmitry Peskov added that ma...
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Coinbase Bears Doubt Stock Can Rise Even After Beating Wall Street's Estimates It's hard to see a favorable valuation argument for the stock given the company's revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.
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Best Crypto to Buy Now 3 August - Flex Coin, XDC Network, Hedera Hong Kong has taken a major step today in embracing cryptocurrency by granting a retail trading license to HashKey, making it the first platform in the country to receive such authorization. This development signals Hong...
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Eco-Friendly Crypto Chimpzee Announces Airdrop After Raising $1 Million in Presale - 30 Hours Left Until Price Rise Climate change is no longer a distant, future threat; it is here, altering our world with rising sea levels, catastrophic wildfires, and record-breaking heatwaves. The urgency of this crisis calls for more than just ackn...
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Best Crypto to Buy Now 4 August - GMX, XDC Network, Injective One of the largest pieces of news impacting crypto markets today is that Coinbase has requested the dismissal of a lawsuit filed against them by the United States Securities and Exchange Commission (SEC), according to an...
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Global X Refiles Spot-Bitcoin ETF Application, Naming Coinbase as 'Surveillance-Sharing' Partner The filing comes around the same time the firm requested permission to offer a bitcoin-future ETF.
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DOJ Demands Revocation of Bankman-Fried's Bail, Wants Him Confined in Metropolitan Detention Center for Trial After accusations against the disgraced FTX co-founder, Sam Bankman-Fried, for allegedly meddling with a witness by providing the New York Times with excerpts from former Alameda Research CEO Caroline Ellison’s private...
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Is It 2022 Again? Comedian Adam DeVine Appears in Strange Ad for Crypto Exchange Bitget The "Workaholics" co-creator and star is the face of Bitget's new #SetForChange campaign, which released a new "Crypto & Beach Houses" video to kick off the partnership.
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Price analysis 8/4: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT Bitcoin continues to range trade, and altcoin traders are starting to view BTC's price consolidation as a positive sign for the rest of the crypto market.
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Navigating the Storm: Defi's Precarious Position Amid a String of Exploits and Market Declines In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, including Curve Finance’s staggering $62 million exploit, the defi economy has plummeted into a gloomy state. Hovering perilously clo...
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The Psychology of Failure and Its Meaning for Web3 Games The possibility of not winning is among the motivations for gamers to participate because it gives them the opportunity to learn and improve.
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Warren and Sanders Urge IRS and Treasury to Enforce Rules Against Crypto Tax Evaders Almost two years after Biden's infrastructure bill became law, two high-profile Democrat senators are keen on ensuring that crypto reporting requirements within the bill are properly enforced. Senators Elizabeth Warren (...
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Crypto Exchange Coinbase Narrows Losses Thanks to Cost Reduction Strategy Major US-based crypto exchange Coinbase has reported a smaller loss in the second quarter this year compared to the same quarter last year, while its revenue exceeded analysts' expectations. Coinbase's loss for the quart...
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Coinbase Urges Court to Dismiss SEC Case, Claiming Regulator 'Overstepped' Its Statutory Authority In a motion for judgment filed on August 4, Coinbase hit back against the SEC’s lawsuit alleging it facilitated unregistered trading of securities, arguing the agency lacks authority to regulate digital assets in this ...
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Korean superconductor LK-99 joins memecoin craze

Coin Telegraph - 4 Aug 2023 19:30
Korean superconductor LK-99 joins memecoin craze The world's supposed first room-temperature ambient pressure superconductor already has a memecoin.
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Robinhood's Q2 Earnings Show 18% Decline in Crypto Trading Revenue In its Q2 2023 earnings report, Robinhood (HOOD), the online trading platform known for its crypto-friendly approach, revealed crypto trading revenue of $31 million, representing an 18% decrease from the previous quarter...
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Did Razzlekhan's Husband Really Hack Bitfinex?

Coin Desk - 4 Aug 2023 19:16
Did Razzlekhan's Husband Really Hack Bitfinex? "Ilya is a f***ing idiot," says former U.S. "Most Wanted" hacker Brett Johnson, who questions yesterday's bombshell confession.
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Germany is dragging Europe's economy down -- and that's great for crypto Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy -- Europe's largest -- is a positive for cryptocurrencies.
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Lithuanian Financial Intelligence Arm Lists Several Crypto Firms as New AML Violators The Financial Intelligence Unit (FNTT) of Lithuania has released a new list of anti-money laundering (AML) violators, featuring several crypto service providers in the country. Lithuania is fast becoming a significant pl...
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