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Bitcoin is holding $60K — Here’s why it’s important

Resilient US job and inflation data and steady spot Bitcoin ETF inflows aided Bitcoin’s rally above $60,000.

Elon Musk’s Twitter buyout is going so poorly that banks had to issue pay cuts

The “hung” loans have led to bankers calling it the worst buyout since 2008.

California DMV putting vehicle titles on a subnet is innovation theater

It would be harder than putting VINs on a private subnet, but how about allowing vehicle owners to get zero-knowledge proof of ownership on a public chain?

Bitcoin exchange inflow has fallen sharply in August — CryptoQuant

Exchange inflows gauge potential selling pressure, with high inflows suggesting high sell pressure and low inflows suggesting low pressure.

Changpeng Zhao moved to custody of field office ahead of Sept release

As of Aug. 22, the US Federal Bureau of Prisons listed the former Binance CEO as an inmate of the Residential Reentry Management Long Beach field office.

Mercado Libre launches USD-pegged Meli Dollar stablecoin in Brazil

The new stablecoin will provide Mercado Libre customers a new option for managing their finances in Brazil’s volatile economy.

HTC launches no-code game creator for ‘Viverse’ metaverse

Creators can build out massively multiplayer games and social spaces using the in-world VR user interface.

Anchorage adds PayPal stablecoin yield to custody platform

Institutional crypto custodians like Coinbase offer competing rewards programs. 

3 reasons why Bitcoin price could hit $68K in September

Bitcoin’s technical setup and onchain data hint at a short upside recovery in the making.

Partner of ex-FTX exec hit with campaign finance charges

Michelle Bond, who ran for a seat in the US House of Representatives in 2022, faces four charges related to violations of campaign finance law.

UK risks quantum startup exodus after Labour slashes incentives

A study from August 2023 suggested there were more than 50 UK-based quantum technology startups.

Metaverse pioneer and movie VFX team unite for blockchain project

Wētā Workshop is known for its special effects work on movies like The Lord of the Rings and The Hobbit. 

AI drone ‘hellscape’ plan for Taiwan, LLMs too dumb to destroy humanity: AI Eye

Skyfire launches crypto payments network for AI agents, Trump deepfakes ‘just memes,’ drone swarms to be unleashed on China: AI Eye.

Grayscale launches investment fund for AVAX token

It joins Grayscale’s suite of more than 20 crypto investment products.

Magic Eden Foundation launches ME token for cross-chain trading

The Magic Eden Foundation introduces the ME token to enhance cross-chain trading, driving NFT platform expansion and DApp integration.

Compliance experts should help regulate crypto — Silk Road 2.0 founder

Compliance experts explain the importance of working with regulators to ensure that effective crypto laws are passed.

Ocean Nodes Incentive Program delayed for back-end improvements

Ocean Protocol has rescheduled the launch of its Nodes Incentive Program to Aug. 29,  complete backend updates and enhancements.

Nearly 80% of hacked cryptocurrencies never recover in price — Immunefi

Crypto protocols usually sustain real damage after the exploit occurs, but some tokens are more resilient.

Franklin Templeton expands blockchain fund to Avalanche network

Franklin Templeton has expanded its pioneering blockchain-integrated money market fund to Avalanche, broadening institutional investor access to digital finance.

India’s crypto future hinges on gov’t consultation paper

India’s Department of Economic Affairs’ consultation paper is expected to be a watershed moment for crypto regulation in the country, potentially setting the stage for future legislation.

Hong Kong targets noncompliant crypto exchanges in licensing push

Hong Kong’s SFC finds deficiencies in some “deemed-to-be-licensed” crypto exchanges, risking their licensing status amid tightened regulations.

FTX says creditors supported reorganization plan with 95% vote

FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors.

Former TON Foundation execs establish new community initiative

The newly launched TON Society will manage events and channels for The Open Network, driving community participation and decentralized governance.

Bitcoin ‘ripe for short squeeze’ as bulls pressure $62K BTC price wall

Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range.

OriginTrail, The Blockchain Socialist and CryptoHarlem update The Agenda on the state of crypto

In Part 2 of The Agenda’s one-year later episode, CryptoHarlem, OriginTrail and The Blockchain Socialist share their thoughts and plans for 2025.

NYSE calls out crypto provider SOS for noncompliance

The New York Stock Exchange mandates all listed securities to maintain an average closing price of $1 or more. 

Gangsta’s Paradise rapper Coolio resurrected in metaverse tribute

Coolio's legacy takes on new life in the metaverse with an immersive digital experience featuring a hyper-intelligent AI version of the iconic rapper as “Gangsta’s Paradise” turns 30. 

Spot Ethereum ETFs record longest outflow streak amid drying investments

Spot Ether ETFs in the US face significant outflows, unlike Bitcoin ETFs, which continue to attract investments.

Telecom company fined $1M for role in Biden deepfake scam

The Biden deepfake scam highlights the risks of emerging tech and the challenges to safeguard elections.

DBS Bank pilots blockchain-based government grants

The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits of tokenization. 

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