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Solana price falls 12% as Pump.fun sells $41M SOL tokens

Memecoin launches and a sluggish Bitcoin price could continue to put downward pressure on  SOL, which could be the next major crypto to receive spot ETF approval in the United States.

Magic Eden dominates NFT trading volume, surpassing Blur and OpenSea: CoinGecko

Magic Eden led the NFT market in August with $122.47 million in trading volume, securing 36.7% market share.

Bitcoin price eyes 'relief rally' to $61K after downside liquidation wipeout

Bitcoin's downward price action led to another round of liquidations, with over $78 million over the past 24 hours. 

Total crypto market sinks below $2T as analysts eye Bitcoin reversal below $54K

Analysts are eying a potential correction below $54,000 to $50,000 despite growing expectations of an interest rate cut in the United States.

Sui blockchain taps radio waves to bank the unbanked offline

The Sui blockchain is innovating with alternative methods, such as radio waves, to enable offline crypto transactions for unbanked communities, even those without internet access.

Former Mt. Gox CEO to launch EllipX crypto exchange in Europe

EllipX will comply with the EU’s MiCA regulations, with plans to add fiat services and offer fee cuts for former Mt. Gox users.

Penpie hacker launders 26% of $27M stolen funds in 12 hrs

The Penpie protocol hacker funneled $7 million through Tornado Cash hours after stealing $27 million, highlighting DeFi security risks.

Bitcoin price targets include $50K as Nvidia crash shakes Nikkei, gold

Bitcoin investors join risk assets in a "rush to the sidelines" amid BTC price lows of under $56,000.

Polygon’s MATIC upgraded to POL, driving ‘hyperproductive’ token utility

According to the CEO of Polygon Labs, POL has evolved into a “hyperproductive” token, enabling the community to engage more effectively in the network’s growth.

Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020 — FTC

As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and preventive measures.

Maker, now Sky’s, stablecoin freeze process could be decided by decentralized court

A “decentralized governance” body could decide the fate of frozen USDS if the stablecoin goes ahead with a freeze feature, says Sky co-founder Rune Christensen.

Japan’s finance regulator calls for lower crypto taxes in 2025 

Japan's Financial Services Agency has released plans to overhaul the nation's tax code which could see the tax rate for crypto assets lowered in 2025. 

Bitcoin's price shows 'no clear direction' amid active address decline

Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst.

Scammers have found a way to burn tokens from inside Solana wallets

Reports have emerged of users buying tokens and not seeing it show up in their wallet balances. 

Trader turns $5k into $670K on Ethereum pump.fun rival Ethervista

The protocol’s native VISTA token briefly soared to a value as high as $30 million, netting one trader some serious profit. 

Lara and Tiffany Trump X accounts hacked to shill sham crypto links

Scammers hacked two accounts associated with presidential candidate Donald Trump's family to shill malicious crypto links, but X quickly took them down.

US Fed rate cut could push Bitcoin down 20%: Analysts 

Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market.

Pro-XRP attorney John Deaton wins Republican US Senate primary

The pro-crypto lawyer secured victory in the Massachusetts Republican primary race and will now face off against industry antagonist Elizabeth Warren in November. 

Mysten Labs tips Web3 gaming device to deliver in first half of 2025

Mysten Labs’ slated handheld gaming device, SuiPlay0X1, is now taking preorders at $599 a pop with deliveries expected next year.

Nvidia posts historic one-day loss after US antitrust subpoena

US antitrust officials are reportedly worried that Nvidia is penalizing buyers that don’t exclusively use its computer chips, a claim Nvidia rebuffed. 

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