Bitcoin trading volumes reached unprecedented levels amid market turmoil, while crypto hackers capitalized on discounted Ether. Read More at https://cointelegraph.com/news/bitcoin-trading-volume-record-high-post-halving?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K
ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 COIN shares for $5.4 million. Read More at https://cointelegraph.com/news/ark-buy-coinbase-bitcoin-below-50k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Martin Shkreli-led Trump memecoin DJT plummets 95%
Roger Stone, a close aide to Trump, previously denied any involvement of the former president or his son with the TrumpCoin memecoin. Read More at https://cointelegraph.com/news/solana-trumpcoin-crashes-95-crypto-market-downturn?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK body proposes property category for crypto assets, SEC sued over status of NFTs: Law Decoded
The Law Commission’s final report urges the UK government to reclassify crypto assets, addressing current legal gaps. Read More at https://cointelegraph.com/news/law-commission-new-property-category-crypto-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vitalik Buterin unveils plan to solve cross-chain L2 interoperability
“I think people will be surprised by how quickly ‘cross-L2 interoperability problems’ stop being problems,” said the Ethereum co-founder. Read More at https://cointelegraph.com/news/vitalik-buterin-unveils-plan-solve-cross-chain-l2-interoperability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Developer says he hacked Atari’s ‘on-chain game’ to prove a point
Kautuk Kundan says he sabotaged the leaderboard of Atari’s Base-developed “on-chain” Asteroids game to prove that crypto games should be verifiable on a blockchain. Read More at https://cointelegraph.com/news/developer-hacked-atari-asteroids-blockchain-game-to-prove-a-point?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OpenAI co-founder leaves for AI rival Anthropic
OpenAI co-founder John Schulman says he’s leaving OpenAI to focus more intently on AI alignment and “hands-on technical work” at rival firm Anthropic. Read More at https://cointelegraph.com/news/open-ai-co-founder-departs-ai-rival-anthropic?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC pushes back against Coinbase's 'overly broad' discovery requests
The regulator claims that Coinbase’s document discovery requests are overly broad and disproportionate to the needs of the case. Read More at https://cointelegraph.com/news/sec-pushes-back-against-coinbase-overly-broad-discovery-requests?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M
The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022. Read More at https://cointelegraph.com/news/bitcoin-extreme-fear-etfs-168-million-outflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How the Bank of Japan wrecked the yen carry trade — and crypto markets
Why did the crypto market lose 15% of its value in one weekend? Thank the Bank of Japan for playing a starring role. Read More at https://cointelegraph.com/news/how-the-yen-carry-trade-wiped-out-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound