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Court denies Kraken’s motion to dismiss SEC lawsuit

The SEC alleges Kraken is operating an unregistered securities exchange.

Past rate cuts indicate potential crypto bull market catalyst — 21Shares

The Federal Reserve is expected to begin lowering its benchmark interest rate in September.

Crypto Biz: Consolidation ramps up among crypto firms

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.

RFK Jr says he is suspending, not terminating presidential campaign

The US Independent presidential candidate said he would remove himself from the ballot in ten battleground states where he might be a “spoiler” for Harris or Trump.

Bitcoin miner profits drop as halving, power costs weigh — JPMorgan

BTC miners are struggling to adapt to a post-halving environment. 

Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined

Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.

Analysts come unglued ahead of Nvidia earnings call — $10T within 5 years

The Sept. 28 earnings report is being called the most important event of the year for the stock market.

Price analysis 8/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish.

Synthetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout

Synthetix faces fierce competition on the DeFi-oriented layer 2. 

WazirX announces INR withdrawals will resume on Aug. 26

The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.

If your country has adopted a CBDC, you might be suffering

New research indicates that in countries where central bank digital currencies have been adopted or are under consideration, well-being is low.

PleasrDAO files preliminary injunction against Martin Shkreli

In 2021, PleasrDAO acquired “Once Upon A Time in Shaolin,” a one-of-a-kind musical album by Wu-Tang Clan, for $4.75 million.

Satoshi vs physics: How quantum Bitcoin miners could make ASIC obsolete

Quantum rigs might pose a bigger threat to blockchains than quantum decryption.

Progmat, DMM partner to introduce stablecoin for Seamoon Protocol

The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well. 

Web3 adoption’s main issue: Seed phrases won’t work for 95% of mainstream users

Crypto wallets with easier sign-in options and recoverable passwords could become the industry standard in the future.

Bitcoin price taps $62K sell wall as analyst sees ’up only’ for crypto

Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal regarding interest rate cuts.

Mac users beware: AMOS malware clones wallet apps and comes for your crypto

The AMOS stealer targeting Mac users can now clone Ledger Live software and may soon clone other wallet apps, warns cybersecurity firm Moonlock.

Tether shuns blockchain launch, cites market concerns

Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms.

Fetch.ai launches Innovation Lab with $10M fund for startups

Fetch.ai is opening an Innovation Lab in San Francisco for early-stage startups working with AI agents.

RFK Jr drops out of presidential race, while Trump takes lead on Polymarket

Kennedy is set to address the nation from Arizona on Aug. 23 and could potentially reveal more support for Trump's presidency.

Is XRP bottoming out versus Bitcoin? Chart fractal mirrors 500% rally setup

XRP price is mirroring a 2021 bullish chart fractal that preceded a 500% rebound.

China accessing high-level AI chips banned by the US: Report

Documents have surfaced revealing state-linked Chinese entities using Amazon cloud services or similar services to access advanced AI chips and capabilities banned by the US. 

$24M CryptoPunk sale shows either ‘NFTs are over’ or ‘this is the bottom’

SideShift.ai CEO Andreas Brekken believes CryptoPunk ##5822 was “most definitely” sold at a loss and that NFTs are “going to zero.” 

El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys

With each new Bitcoin purchase, the country’s financial future becomes increasingly tied to the fortunes of an unpredictable crypto market.

Anthropic jumps in on tug-of-war over California AI bill

Things are heating up on the AI legislation front with Anthropic voicing its support of an AI bill introduced by senator Scott Wiener, one which received a letter of opposition from OpenAI.

Bitcoin braces for Fed’s Powell as $61K BTC price eyes next breakout

BTC price frustration may find some relief as Bitcoin traders’ hopes increase of the Fed cementing interest rate cuts at the Jackson Hole summit.

Proof-of-Ink by Gavin Wood: The tattoo that secures your Web3 privacy

The Web3 individuality mechanism will require a unique, algorithmically generated tattoo to prove digital citizenship.

Upbit to pause NEAR deposits for network upgrade

Upbit ensures uninterrupted NEAR trading while suspending deposit and withdrawal services amid a crucial network upgrade.

Soneium blockchain launched by Sony to attract Web3 developers

Sony Block Solutions Labs, a year-old joint venture between the Sony Group and Startale Labs, has introduced an Ethereum layer-2 blockchain to lure app developers across various sectors.

Decentralized naming could bring ‘next billion’ users to Bitcoin

Spaces Protocol founder Mike Carson argues that in light of the recent Squarespace DNS attack, domains should be decentralized and put on the blockchain.

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