Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019. Read More at https://cointelegraph.com/news/china-revises-anti-money-laundering-law-include-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Shaquille O’Neal may still be in hot water over Astral NFTs, says judge
A Miami judge didn’t dismiss a claim that basketball legend Shaquille O’Neal was a “seller” of Astrals NFTs and found they could be securities under US law. Read More at https://cointelegraph.com/news/shaquille-o-neal-to-face-allegations-astral-nft-lawsuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s range-bound price action could kickstart BNB, TON, AAVE and HNT
Bitcoin’s price consolidation could convince traders that it’s time to play with altcoins. BNB, TON, AAVE and HNT are the ones on Cointelegraph’s radar. Read More at https://cointelegraph.com/news/bitcoin-s-range-bound-price-action-could-kickstart-bnb-ton-aave-and-hnt?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hash Ribbons signal end of miner capitulation: CryptoQuant
On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing. Read More at https://cointelegraph.com/news/hash-ribbons-signal-end-miner-capitulation-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cryptography startup Fabric raises $33M for new data privacy chip
Blockchain Capital and 1kx co-led the Series A round that will back the development of a new computing chip focused on data privacy. Read More at https://cointelegraph.com/news/cryptography-startup-fabric-raises-33-million-new-data-privacy-chip?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum DApp volumes drop 33% in a week — Is more ETH price weakness ahead?
Ethereum’s dominance in decentralized application deposits compensates for the reduced onchain volumes, but what about ETH price? Read More at https://cointelegraph.com/news/ethereum-dapp-volumes-drop-33-in-a-week-is-more-eth-price-weakness-ahead?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana ETF ‘still in play’ despite Cboe filing removal — VanEck exec
VanEck is still advocating for its Solana ETF with regulators, said Matthew Sigel. Read More at https://cointelegraph.com/news/solana-etf-still-play-despite-cboe-filing-removal-vaneck-exec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Moody’s, Elliptic join forces for enhanced VASP risk screening
The companies will combine their strengths to provide enhanced virtual asset service providers screening ability. Read More at https://cointelegraph.com/news/moodys-elliptic-partnership-vasp-screening-compliance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?
Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop Read More at https://cointelegraph.com/news/bitcoin-pinned-below-60k-is-btc-consolidating-or-preparing-for-more-downside?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana ETPs see $39M outflow — Is the SOL price top in?
CoinShares data shows Solana investment products registering a $39 million outflow, while Bitcoin investment products saw modest inflows. Read More at https://cointelegraph.com/news/solana-etps-see-39-m-outflow-is-the-sol-price-top-in?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound