The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
Two-thirds of institutional Bitcoin ETF holders held or bought more in Q2
44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,” according to Bitwise’s investment chief.
Crypto influencers on notice after FTC bans fake likes and followers
New rules from the FTC mean crypto influencers will face stiff fines for fake followers and likes, while celebrity testimonials are also in the firing line.
Fed rate cuts are not a sure thing — What does this mean for Bitcoin?
A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks.
USDC to embrace tap-and-go payments after Apple opens up NFC
United States stablecoin giant Circle says tap to pay functionally for USDC will be coming “soon” to iPhones.
DeFi rises again as Aave hits new ATH in weekly borrowers
Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth.
Australian regulator claims 58% of crypto ads on Facebook are scams
Australia’s competition watchdog cited preliminary research that found more than half of the crypto ads on the platform breach Meta’s policies or involve scams.
Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC
Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency.
Senator Chuck Schumer pledges pro-crypto laws if Harris is president
Chuck Schumer, the majority leader of the United States Senate, says he will make it his goal to introduce pro-crypto legislation by the end of this year if Kamala Harris is elected president.
Ethereum gas fees: Too low or too high? No one can decide
Critics who have a problem with volatile gas prices — on Ethereum or elsewhere — have the wrong vision for the future of crypto.