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Cryptocurrency News

Location American Cryptocurrency News for 8 August 2024
Arthur Hayes Predicts Your Crypto Will Rise With Trump or Harris -- Bitcoin to Go 'Very, Very High' Bitmex cofounder and former CEO Arthur Hayes has predicted cryptocurrency prices will rise under both the Donald Trump and Kamala Harris administrations due to increased money printing. He added that bitcoin’s price co...
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Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district judge, the firm’s executives and community celebrated the outcome as a “victory.” This led to an uptick in XRP’s tr...
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Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor Ionic Digital's CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim.
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Careers in Crypto: 5 Insights for 2024

Coin Desk - 9 Aug 2024 01:22
Careers in Crypto: 5 Insights for 2024 In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can ...
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1Password patches flaw in Mac version that could have created attack vector The flaw consisted of missing inter-process validations, which could have allowed an attacker to hijack the 1Password browser extension or command line interface.
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A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.
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Avraham Eisenberg Seeks Acquittal of Mango Markets Conviction Avraham “Avi” Eisenberg, who was previously convicted of commodities fraud, commodities manipulation, and wire fraud related to his trading activities on Mango Markets, is pushing for his conviction to be cleared. Ei...
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Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto...
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Bitrace warns of new crypto scam using QR codes

Coin Telegraph - 8 Aug 2024 23:45
Bitrace warns of new crypto scam using QR codes The scam starts with a small payment of USDT to the user.
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Hamster Kombat Announces New Gaming Ecosystem to Boost Demand for Upcoming Token The team behind Hamster Kombat, the popular TON network-based tap-to-earn game, has announced the development of a gaming ecosystem to create demand for its upcoming token. They declared that this initiative would help d...
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US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Com...
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Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted.
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Miner profitability falls to record lows -- Blocksbridge Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.
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JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.
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Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients...
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Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders The crypto economy experienced a 5.6% boost over the past 24 hours, reaching $2.07 trillion by Thursday. Bitcoin has soared past the $59,800 mark, while ethereum has exceeded $2,500 per coin. This rapid climb on Aug. 8 r...
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Investors Accumulate as Bitcoin Dips: Record Transfer to Long-Term Wallets Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO, Ki Young Ju, reveal an intriguing trend: a large volume of bitcoin has been transferred to long...
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AI hits 'trough of disillusionment' but AI bubble not over yet despite correction: AI Eye AI revenue and abilities haven't lived up to the hype -- but Wall Street and Big Tech have plenty of good reasons to stay 'all in.'
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AI hits 'trough of disillusionment' but AI bubble not over yet despite correction: AI Eye AI revenue and abilities haven't lived up to the hype -- but Wall Street and Big Tech have plenty of good reasons to stay 'all in.'
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Do Kwon's Extradition from Montenegro Postponed Yet Again Do Kwon's extradition from Montenegro has been delayed yet again.
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Meme Coins Meet Layer-2 Tech With Pepe Unchained as Presale Passes $7.5M Mark Pepe Unchained (PEPU) is going viral with its unique approach: combining the hype of meme coins with the power of layer-2 technology. This project has already passed $7.5 million in its presale, proving its ability not o...
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Crypto for Advisors: Bitcoin and Lending

Coin Desk - 8 Aug 2024 19:00
Crypto for Advisors: Bitcoin and Lending Bitcoin's emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power.
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