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Hong Kong accepts crypto license application past deadline

Hong Kong Digital Asset Xchange is the latest firm to apply for a license, having submitted its application on Aug. 27.

Vitalik Buterin denies selling Ether for profit

Ethereum co-founder Vitalik Buterin addresses allegations of profiting from ETH sales, emphasizing his long-term support for Web3 projects and charities.

Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD

The company was authorized to choose between receiving a $30 million or a 500 Bitcoin loan from Galaxy Digital.

Bitcoin must reach a ‘higher high’ to confirm uptrend after dip below $58K

If Bitcoin is to maintain its longer-term uptrend, it must avoid breaking down below $56,000, according to a crypto analyst.

Coinbase sees its first crypto transaction between AI agents 

Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”

'Absolutely nuts' — Crypto community reacts to X suspension in Brazil

Some members of the crypto community believe this could trigger a domino effect, with other countries potentially following Brazil's lead.

Solutions without problems: How many Ethereum layer 2s are too many?

 Layer 2s are a short-term success story, but the long-term picture appears less rosy.

Bitcoin analysis warns BTC price risks 2023 rerun when stocks shed 10%

Bitcoin bulls may be in for a grim reminder of how the start of Q4 can be difficult for BTC price bullishness.

Five crypto market predictions that haven’t come true — yet

Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling into the same traps.  

Why crypto miners are ditching debt for equity

Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain.

Scientific paper argues Bitcoin mining can reduce methane emissions

According to a United Nations report, Methane gas runoff is “80 times more harmful than CO2 for 20 years after it is released.”

Bitcoin price volatility expected at Fed September FOMC meeting — Here’s how to prepare

Bitcoin traders expect BTC to rally if the Fed rolls out a 0.50% rate cut, but hedging these bullish positions is also necessary. Here is how it's done.

OpenAI to expand ‘capped for-profit’ status to woo whale investors — report

The change comes amid reports the firm plans to hold an investment round at a valuation of more than $100 billion. 

Crypto Biz: Telegram and OpenSea on authorities’ radar

This week’s Crypto Biz explores Pavel Durov’s arrest and consequences for Telegram, Nvidia’s earnings results, OpenSea’s Wells notice, Rhodium’s bankruptcy, BlackRock’s new crypto ETF and SxT Labs’ fundraising.

Brazilian judge suspends X after Elon Musk refuses to name representative

Supreme Court Justice Alexandre de Moraes began investigating the spread of misinformation during the government of former Brazilian President Jair Bolsonaro.

Price analysis 8/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin’s failure to maintain above $60,000 is pulling altcoin prices toward their recent swing lows. What will it take to turn the market around?

Zero-day vulnerability in Chrome exploited by North Korean hackers

A hacker group is using its signature trojan malware to infect users of web browsers with Chromium engines. 

Hate speech and deepfakes threaten democracy and peace — UN secretary general

The United Nations says the focus is on artificial intelligence for 2024’s “Day of Democracy.”

Broadening wedge or bull flag? Either way, Bitcoin appears to be losing momentum

Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question.

Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined

Crypto hacks may surpass 2023’s record, with $1.2 billion already stolen, and Celsius is finally beginning to repay its creditors.

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