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10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’

The “Peter Todd is Satoshi” claim isn’t the first time a misguided theory has appeared in crypto. Here’s 10 more ideas that turned out wrong.

OKX secures full UAE license, opens retail and institutional trading

The trading platform highlighted that investors can deposit and withdraw UAE dirhams using their local bank accounts.

Bitcoin digests US 'nightmare' CPI, jobs data as $60K hangs in balance

Bitcoin arguably stands to benefit from macro data upheaval as US CPI and jobless data diverges in a "nightmare" for the Federal Reserve.

Dip in trading at Binance and other major crypto exchanges confounds experts

Experts are having trouble explaining why trading is slumping at the same time that Bitcoin prices rise. Are geopolitical tensions to blame.

Dubai’s crypto regulator cracks down on unlicensed firms

Dubai’s Virtual Assets Regulatory Authority has issued fines ranging from $13,600 to $27,200 to seven entities operating without a license or breaching marketing regulations. 

Ubisoft set to launch its first Web3 game on Oasys blockchain

Ubisoft enters the Web3 space with Champions Tactics, a tactical RPG leveraging blockchain for player-owned assets and unique champions.

Aethir launches $100M fund to accelerate AI, gaming innovation

Aethir’s new fund will distribute 336 million ATH tokens as it aims to revolutionize AI and gaming with advanced GPU access.

South Korean Upbit crypto exchange faces monopoly probe

South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank amid the latter’s IPO, which is expected in late October.

Is Tether’s USDT stablecoin ‘noncompliant’ with EU’s MiCA regulations?

The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.

Fetch.ai, Imperial College partner to launch AI lab

Fetch.ai partners with Imperial College London’s I-X Hub and launches a $10 million fund for AI startups and innovative tech development.

47% of traditional hedge funds maintain crypto exposure: Report

A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence.

OpenAI may not turn a profit until 2029 despite rapid growth

Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep.

Exploring the power of Web3 for better lifestyles: Insights from VeChain and Puffpaw

On the latest episode of the Hashing It Out podcast, VeChain and Puffpaw execs discuss how blockchain can incentivize positive behavior changes.

Ripple launches digital asset custody services for banks and fintech

Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business. 

Bitget tightens token listing standards amid scam concerns

The new token listing requirements include reviewing lock-up periods, business plans, token distributions, and team background checks.

Argentina overtakes Brazil in crypto inflows — Chainalysis

Argentina’s stablecoin market is one of the largest in the world in terms of share of stablecoin transactions, beating the global average by 17%.

FTX investors end lawsuit targeting Sullivan & Cromwell

The Moskowitz Law Firm, the lead plaintiffs’ counsel, said that it had dismissed Sullivan & Cromwell voluntarily and that no settlement was associated with the dismissal.  

South Korea allows division of crypto in divorce settlements

South Korean law allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets, law firm says.

Bitcoin 'capitulation incoming' as liquidity risks sub-$50K BTC price

Bitcoin faces a volatile trip among shifting liquidity conditions, with bulls getting squeezed first, new BTC price analysis predicts.

Thai SEC floats allowing crypto products in mutual, private funds

Thailand’s high-net-worth investors would get more access to crypto funds than retail investors under the proposed changes. 

Trump crypto project proposes Aave link in governance proposal

The Trump-backed crypto platform, World Liberty Financial, looks to run as an instance on the DeFi protocol Aave.

Bitcoin miner IREN overstated its compute ability and prospects, says lawsuit

Investors in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects.

Crypto swiping malware infects 28K users, steals just $6K: Report

A cryptojacking and stealing malware infected tens of thousands of devices over the past few months, but the attackers made off with only around $6,000.

Retail investors increasingly buying crypto despite volatility: IOSCO

Crypto ownership among retail investors continues to increase despite market setbacks over the past four years. 

Cardano hosts first smart contract legally enforceable in Argentina

Cardano is host to the first smart contract where Argentina’s courts have jurisdiction after the country legalized crypto as a payment method in commercial contracts last December.

ZachXBT reveals Murad Mahmudov’s alleged $24M memecoin wallets

ZachXBT shared what he claims are nearly a dozen wallets controlled by memecoin trader Murad Mahmudov, which drew mixed reactions online.

Overturned Chevron deference likely won’t impact crypto regulation: Tom Emmer

Only a Donald Trump election victory and a mostly Republican Congress could make Chevron potentially impactful, says Representative Tom Emmer.

Decentralization could help humanity to avoid an AI doomsday scenario

AI development must strike a balance between enhancing efficiency while accounting for ethical and safety considerations.

SEC, FBI, DOJ coordinate takedown of 4 fraudulent crypto firms

A complex set of overlapping companies, individuals and alleged crimes have been tackled by US federal authorities.

Blockchain fixes misuse of biometric data — Privado ID founder

Because biometric data cannot be replaced, storing the data requires the highest levels of security, Evin McMullen told Cointelegraph.

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