The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss. Read More at https://cointelegraph.com/news/cryptopunk-transfer-amid-nft-market-decline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Hong Kong issues generative AI guidelines for consumer protection
The HKMA has introduced new principles for using generative AI, emphasizing governance, transparency and data protection in consumer-facing applications. Read More at https://cointelegraph.com/news/hong-kong-monetary-authority-generative-ai-guidelines?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ether hits $2.6K as metrics suggest it’s in 'late stages’ of correction
Rising Open Interest of Ether and a “positive” taker-buy sell ratio has a crypto analyst optimistic that Ether’s lengthy correction is nearing its end. Read More at https://cointelegraph.com/news/ethereum-price-bottom-2-key-onchain-indicators-crypto-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mango Markets DAO mulls offering settlement with SEC
The proposed settlement involves Mango DAO neither admitting nor denying wrongdoing and paying a $223,228 fine. Read More at https://cointelegraph.com/news/solana-mango-markets-dex-nears-sec-settlement-over-securities-violations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Unknown crypto whale has been scooping up WBTC amid controversy
According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week. Read More at https://cointelegraph.com/news/unknown-crypto-whale-scooping-up-wbtc-amid-controversy-lookonchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto super PAC Fairshake just lost a billionaire Dem donor: Report
Top Democratic Party donor Ron Conway has split from pro-crypto Fairshake PAC after it pledged to back a Republican candidate without his knowledge. Read More at https://cointelegraph.com/news/crypto-super-pac-fairshake-loses-top-democrat-donor?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Malicious ‘bull checker’ chrome extension found targeting Solana users
Decentralized exchange aggregator Jupiter has alerted users of a malicious browser extension that apparently managed to sneak through Solana’s drainer checks. Read More at https://cointelegraph.com/news/malicious-bull-checker-chrome-extension-found-targeting-solana-users?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge denies SEC attempt to hamper Tron’s defense amid dismissal ploy
Justin Sun and his associated companies are “not challenging the ‘common enterprise’ element of the Howey test,” ruled the New York District Judge. Read More at https://cointelegraph.com/news/tron-founder-scores-small-win-as-judge-rejects-sec-motion-in-ongoing-legal-battle?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Analysts optimistic as liquidity ticks and Bitcoin ‘forced selling’ is over
Bitcoin’s major sell-offs are over and now analysts see the US election and global liquidity as the next big drivers for Bitcoin. Read More at https://cointelegraph.com/news/bitcoin-price-bullish-liquidity-united-states-election-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Debate shifts negative as Solana memecoin trading volume dips
A Messari data engineer has called it the “most extractive crypto phenomenon” since the ICO boom, but the jury’s still out on that one. Read More at https://cointelegraph.com/news/debate-continues-memecoins-positive-destructive-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound