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Cryptocurrency News

Location American Cryptocurrency News for 9 August 2024
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitme...
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Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000...
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Former SEC Official Urges 15,000 Morgan Stanley Advisors to 'Say No' to Bitcoin ETFs, Citing 'Mammoth Risk' The U.S. Securities and Exchange Commission's former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risk...
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Bitcoin price must flip $62K to avoid worst 'death cross' consequences Bitcoin is still due to close a daily chart "death cross," but $62,000 resistance could be key to mitigating the BTC price downside which has followed in the past.
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Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any loca...
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Bitfarms stock rises 22% after Q2 loss came out better than expectations Bitfarms stock had a strong trading session on Aug. 8 amid lower-than-expected losses in its latest quarterly earnings report.
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Bitcoin reclaims $62K, forming a 'massive bull hammer' on price chart Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, and futures traders are scrambling to adjust their positions.
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Debate rages over Bitcoin power law as critics label it a 'magic trick' The Bitcoin power law has come under intense debate, with critics on one side and fierce advocates on the other.
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Chinese boomers joining crypto tapper cults, WazirX fallout worsens: Asia Express China's elderly are joining crypto tapper cults, WazirX faces fraud probe and asset freeze, Do Kwon's flight home delayed again: Asia Express
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Why is the BNB price up today?

Coin Telegraph - 9 Aug 2024 03:05
Why is the BNB price up today? BNB price is up today, gaining 6% to reach $505, but is there further upside?
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'Dark Skippy' method can steal Bitcoin hardware wallet keys Malicious firmware can embed secret data into a public Bitcoin transaction, which the attacker can then use to extract a person's seed words.
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Brazilian Regulator Approves Solana Spot ETF

Bitcoin.com - 9 Aug 2024 02:30
Brazilian Regulator Approves Solana Spot ETF The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for national markets. The product, the first of its kind to be approved, is offered by QR and managed...
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New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is 'Not Immune to Censorship and Cooperation' A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper exa...
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Polymarket's Integrity Questioned Over Venezuelan Presidential Election Bet Outcome Polymarket, a cryptocurrency-based prediction market, has declared Edmundo Gonzalez, the opposition candidate, the winner of the Venezuelan presidential election bet. The decision, made days after the election, ignores t...
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Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed rule to ban certain event contracts. Coinbase has also formally responde...
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Synthetix to add Chainlink when v3 exchange launches on Arbitrum It could be followed with deployments on Optimism and Base.
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Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined The crypto industry could gain significant mainstream attention following Trump's eldest son's plans to launch a bank-rivalling DeFi platform.
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Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined The crypto industry could gain significant mainstream attention following Trump's eldest son's plans to launch a bank-rivalling DeFi platform.
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Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not available for public trading as it awai...
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IRS Shares New Crypto Tax Form, Invites Industry Input The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA.
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Bitcoin's V-shaped recovery could put BTC on path to new all-time high -- Analysts Bullish traders bought Bitcoin's recent dip, possibly setting BTC on the way to a new all-time high.
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Ripple begins testing RLUSD stablecoin on mainnet

Coin Telegraph - 9 Aug 2024 21:45
Ripple begins testing RLUSD stablecoin on mainnet Ripple believes the total stablecoin market will have swollen to $2 trillion by 2028 as demand for the low-volatility fiat-pegged tokens grows.
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