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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.

Bitcoin avg. transaction fee rises 937.7% in 24 hours

Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users.

Crypto pyramid scheme leader extradited to China after global pursuit

As digital currencies continue to gain popularity worldwide, the risk of related economic crimes also increases.

Australian regulator claims win over Kraken’s Bit Trade in federal court 

A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws. 

Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’

If Bitcoin fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken, but some aren’t as pessimistic.

Crypto law firm loses appeal to force SEC’s hand on Ether classification

Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security.

2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed

United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement.

OmegaPro co-founder arrested over $4 billion crypto scam

Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme. 

ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research

Ethereum’s Dencun upgrade has "greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.

SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit

The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.

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