Binance US has steep discounts on BTC, ETH and even USDT is sold at $0.88. But it concerns only trading pairs with USD, which cannot be brought to the exchange, and the reason for the discounts is the desire of users to withdraw the remaining USD from the exchange while it is possible 🤦♂️.
In the first half of the week there will be speeches of officials from the Fed, and on Wednesday inflation data will be published. Although BTC is no longer correlated with the S&P 500, but this is no reason to support a sell-off, if any 😜
Despite BTC's inability to break through the $31k resistance and traders' moral readiness for a correction, miners are doing well and set a new hash rate record of 465 EH/s ⛏
The new fastest growing social network Threads has scam accounts of crypto projects 🤬
🔹 Top 3 in 24 hours:
Compound - $57.53 (↑9.51%)
eCash - $0.00003485 (↑4.00%)
UNUS SED LEO - $3.92 (↑1.37%)
In the first half of the week there will be speeches of officials from the Fed, and on Wednesday inflation data will be published. Although BTC is no longer correlated with the S&P 500, but this is no reason to support a sell-off, if any 😜
Despite BTC's inability to break through the $31k resistance and traders' moral readiness for a correction, miners are doing well and set a new hash rate record of 465 EH/s ⛏
The new fastest growing social network Threads has scam accounts of crypto projects 🤬
🔹 Top 3 in 24 hours:
Compound - $57.53 (↑9.51%)
eCash - $0.00003485 (↑4.00%)
UNUS SED LEO - $3.92 (↑1.37%)
✅ Markets are frozen in place waiting for US inflation data to be released tomorrow.
And analysts mark the beginning of the accumulation phase of BTC 🤔
Tuesday's news:
🔸 Bankrupt exchange FTX has launched a website for compensation claims. The site is already light
🔸 Unknown people have withdrawn another $110 million in assets from the Multichain crosschain protocol 🤬
🔸 Grayscale goes to court again to demand their BTC trust be moved to a spot ETF
🔸 Microsoft wins court and may go ahead with its takeover of Activision Blizzard
🔸 Come on: they found functions in the code of Brazil's national digital currency to freeze and change the user's balance 😱
🔹 Rates:
🌐 Bitcoin - $30,469 (↑0.32%)
📉 S&P 500 - $4,418 (↑0.21%)
🌕 Gold - $1,930 (↑0.30%)
⚫️ Oil Brent - $79.42 (↑2.04%)
And analysts mark the beginning of the accumulation phase of BTC 🤔
Tuesday's news:
🔸 Bankrupt exchange FTX has launched a website for compensation claims. The site is already light
🔸 Unknown people have withdrawn another $110 million in assets from the Multichain crosschain protocol 🤬
🔸 Grayscale goes to court again to demand their BTC trust be moved to a spot ETF
🔸 Microsoft wins court and may go ahead with its takeover of Activision Blizzard
🔸 Come on: they found functions in the code of Brazil's national digital currency to freeze and change the user's balance 😱
🔹 Rates:
🌐 Bitcoin - $30,469 (↑0.32%)
📉 S&P 500 - $4,418 (↑0.21%)
🌕 Gold - $1,930 (↑0.30%)
⚫️ Oil Brent - $79.42 (↑2.04%)
Breaking: BinanceUS, Crypto.com Joins Coinbase and Others To Relist XRP, Price Up 87%
https://coingape.com/breaking-binanceus-crypto-com-joins-coinbase-and-others-to-relist-xrp-price-up-87/?utm_source=mike&utm_medium=telegram
https://coingape.com/breaking-binanceus-crypto-com-joins-coinbase-and-others-to-relist-xrp-price-up-87/?utm_source=mike&utm_medium=telegram
Long-term bitcoin chart. The classic corrective formation has been broken as well as previous times. Everything is ready for growth either from the current or through another stage of localized decline.
Bitcoin's dominance chart started to decline sharply on the back of positive news from Ripple. This decision can significantly reduce regulatory risks for the rest of the altcoins. Moreover, such an event may mark the end of the cryptozyme and the beginning of a long-term growth cycle.
Bitcoin's dominance chart started to decline sharply on the back of positive news from Ripple. This decision can significantly reduce regulatory risks for the rest of the altcoins. Moreover, such an event may mark the end of the cryptozyme and the beginning of a long-term growth cycle.
Trader Peter Brandt warns of a possible decline of BTC under the $30k level. The last 4 days the situation really looks alarming 😳
No money: Binance prematurely terminated its advertising contract with the Argentine Football Association, and the exchange started cutting employee benefits 🥶
SEC head Gary Gensler commented on the court's decision in the case against Ripple. He's pleased where the court upheld the regulator, and disappointed where the ruling was in Ripple's favor. Whether the SEC will appeal is still unclear 🤷♂️
Arkham Intelligence platform has started the drop distribution, the token will be added to Binance today 🤑
🔹 Top 3 in 24 hours:
Sui - $0.7423 (↑7.26%)
Chainlink - $7.10 (↑7.13%)
Gala - $0.02708 (↑4.77%)
No money: Binance prematurely terminated its advertising contract with the Argentine Football Association, and the exchange started cutting employee benefits 🥶
SEC head Gary Gensler commented on the court's decision in the case against Ripple. He's pleased where the court upheld the regulator, and disappointed where the ruling was in Ripple's favor. Whether the SEC will appeal is still unclear 🤷♂️
Arkham Intelligence platform has started the drop distribution, the token will be added to Binance today 🤑
🔹 Top 3 in 24 hours:
Sui - $0.7423 (↑7.26%)
Chainlink - $7.10 (↑7.13%)
Gala - $0.02708 (↑4.77%)
✅ The S&P 500 and BTC continue to go in different directions: stocks rise and the former cryptocurrency walks away at $29,500 🙃
Tuesday's news:
🔸 More Binance FUD: advertising contract with Argentine soccer association terminated early and employee benefits cut
🔸 SEC head Gary Gensler has not yet decided whether to appeal in the case against Ripple or if it's fine 😁
🔸 Pavel Durov says he has BTC and Toncoin cryptocurrencies in his possession
🔸 ConsenSys, the developer of MetaMask, refutes rumors of lack of funding
🔸 Hackers have developed a ChatGPT-based chatbot WormGPT that helps them conduct cyberattacks
🔸 UK fin-regulator FCA warns you could get fined or even go to jail for cryptomemes 🤦♂️
🔹 Courses:
🌐 Bitcoin - $29,819 (↓1.11%)
📉 S&P 500 - $4,551 (↑0.64%)
🌕 Gold - $1,975 (↑1.06%)
⚫️ Oil Brent - $79.74 (↑1.69%)
Tuesday's news:
🔸 More Binance FUD: advertising contract with Argentine soccer association terminated early and employee benefits cut
🔸 SEC head Gary Gensler has not yet decided whether to appeal in the case against Ripple or if it's fine 😁
🔸 Pavel Durov says he has BTC and Toncoin cryptocurrencies in his possession
🔸 ConsenSys, the developer of MetaMask, refutes rumors of lack of funding
🔸 Hackers have developed a ChatGPT-based chatbot WormGPT that helps them conduct cyberattacks
🔸 UK fin-regulator FCA warns you could get fined or even go to jail for cryptomemes 🤦♂️
🔹 Courses:
🌐 Bitcoin - $29,819 (↓1.11%)
📉 S&P 500 - $4,551 (↑0.64%)
🌕 Gold - $1,975 (↑1.06%)
⚫️ Oil Brent - $79.74 (↑1.69%)
✅ The Fed raised the rate by 0.25% as expected.
Markets almost do not react and I'm waiting for Powell's speech to start 🍿
Wednesday news:
🔸 Binance has withdrawn its application for a license in Germany. This is the same application that the exchange was denied 3 weeks ago 🤷♂️
🔸 Singapore court recognizes USDT stablecoin as property in Bybit crypto exchange case
🔸 American bank PacWest Bancorp was promptly saved from collapse through a merger with Banc of California
🔸 Namibia passed a law to regulate cryptocurrencies
🔸 Binance Adds New Stablecoin FDUSD
🔸 Crypto project Quantstamp will pay SEC a fine of $28 million for ICO in 2017. Who is next? 😡
🔸 Crypto exchange Kucoin refutes mass layoffs of employees
🔹 Courses:
🌐 Bitcoin - $29,312 (↑0.28%)
📉 S&P 500 - 4,556 (↓0.24%)
🌕 Gold - $1,968 (↑0.20%)
⚫️ Oil Brent - $82.95 (↓0.36%)
Markets almost do not react and I'm waiting for Powell's speech to start 🍿
Wednesday news:
🔸 Binance has withdrawn its application for a license in Germany. This is the same application that the exchange was denied 3 weeks ago 🤷♂️
🔸 Singapore court recognizes USDT stablecoin as property in Bybit crypto exchange case
🔸 American bank PacWest Bancorp was promptly saved from collapse through a merger with Banc of California
🔸 Namibia passed a law to regulate cryptocurrencies
🔸 Binance Adds New Stablecoin FDUSD
🔸 Crypto project Quantstamp will pay SEC a fine of $28 million for ICO in 2017. Who is next? 😡
🔸 Crypto exchange Kucoin refutes mass layoffs of employees
🔹 Courses:
🌐 Bitcoin - $29,312 (↑0.28%)
📉 S&P 500 - 4,556 (↓0.24%)
🌕 Gold - $1,968 (↑0.20%)
⚫️ Oil Brent - $82.95 (↓0.36%)
✅ Bears pushed bitcoin to $28,600, but now there is a buyback and the price is again above $29k 🎢
Tuesday news:
🔸 Plan to restart bankrupt FTX exchange published
🔸 Tether bought $167 million worth of BTC in Q2 2023
🔸 LeetSwap DEX exchange on the Coinbase blockchain stopped working due to a hack 🛑
🔸 Financial companies BlackRock and MSCI came under congressional investigation due to investments in China
🔸 In the US, they thought about taxing income from staking cryptocurrencies
🔸 Media: Meta will launch its own AI chatbot
🔸 Reuters: Germany investigates Worldcoin crypto project
🔹 Courses:
🌐 Bitcoin - $29,212 (↓0.06%)
📉 S&P 500 - 4,578 (↓0.22%)
🌕 Gold - $1,944 (↓1.06%)
⚫️ Oil Brent - $84.85 (↓0.54%)
Tuesday news:
🔸 Plan to restart bankrupt FTX exchange published
🔸 Tether bought $167 million worth of BTC in Q2 2023
🔸 LeetSwap DEX exchange on the Coinbase blockchain stopped working due to a hack 🛑
🔸 Financial companies BlackRock and MSCI came under congressional investigation due to investments in China
🔸 In the US, they thought about taxing income from staking cryptocurrencies
🔸 Media: Meta will launch its own AI chatbot
🔸 Reuters: Germany investigates Worldcoin crypto project
🔹 Courses:
🌐 Bitcoin - $29,212 (↓0.06%)
📉 S&P 500 - 4,578 (↓0.22%)
🌕 Gold - $1,944 (↓1.06%)
⚫️ Oil Brent - $84.85 (↓0.54%)
🔈🚨 Breaking: 🔥 #Coinbase Officially Launches #Crypto Exchange Services In Canada 🇨🇦
https://coingape.com/coinbase-officially-expands-crypto-services-to-canada/?utm_source=mike&utm_medium=telegram
https://coingape.com/coinbase-officially-expands-crypto-services-to-canada/?utm_source=mike&utm_medium=telegram
$100k for BTC will solve all the problems of the market, but there are no buyers at the current rate and we continue to stand still 😕
The net is getting pissed off that Gary Gensler will never endorse a spot bitcoin ETF and can't even hope for it. And we didn’t really expect, this year for sure 😎
PayPal creates a cryptohub for a closed circle of users, where it will be possible to buy and sell cryptocurrency. If you already have your own stablecoin, then it’s a sin not to organize a crypto exchange for this business. Does the SEC know? 😇
The CEO of Coinbase complained about the "broken" application of his own exchange and promised to fix it. We are talking about functions for their Base blockchain, the application turned out to be inconvenient and does not cope well with a large number of users 😳
Curly Sam spends the night in jail for the third night in a row. A trifle, but nice 😁
🔹 Top 3 in 24 hours:
Hedera - $0.06416 (↑14.35%)
Frax Share - $6.73 (↑5.72%)
ApeCoin - $2.09 (↑4.74%)
The net is getting pissed off that Gary Gensler will never endorse a spot bitcoin ETF and can't even hope for it. And we didn’t really expect, this year for sure 😎
PayPal creates a cryptohub for a closed circle of users, where it will be possible to buy and sell cryptocurrency. If you already have your own stablecoin, then it’s a sin not to organize a crypto exchange for this business. Does the SEC know? 😇
The CEO of Coinbase complained about the "broken" application of his own exchange and promised to fix it. We are talking about functions for their Base blockchain, the application turned out to be inconvenient and does not cope well with a large number of users 😳
Curly Sam spends the night in jail for the third night in a row. A trifle, but nice 😁
🔹 Top 3 in 24 hours:
Hedera - $0.06416 (↑14.35%)
Frax Share - $6.73 (↑5.72%)
ApeCoin - $2.09 (↑4.74%)
✅ Green days are quickly over: BTC is back $26k and S&P 500 is back below 4400.
They say investors are worried about tomorrow's speech by the head of the Fed 🤷♂️
Thursday news:
🔸 The MetaTrace crypto project raffles NFT Cars every day, giving access to closed testing of the application
🔸 Binance Ends Support for Crypto Cards in Latin America and the Middle East
🔸 The Central Bank of Turkey sharply raised its key rate by 50 bp. n. up to 25%. Lira strengthened by 6% against USD 💸
🔸 Circle will add USDC stablecoin to blockchains: Base, Cosmos, NEAR, Optimism, Polkadot and Polygon
🔸 Crypto exchange Bitstamp closes staking for US customers
Bankrupt Exchange FTX to Sell $3 Billion in Cryptocurrency via Galaxy Digital Crypto Bank
🔸The US Department of Justice is investigating SpaceX Elon Musk for violating employment rules 🤨
🔸 Online company Shopify adds Solana Pay crypto card payment
🔸 The US authorities filed charges against the founders of the cryptomixer Tornado Cash
🔹 Courses:
🌐 Bitcoin - $26,002 (↓1.63%)
📉 S&P 500 - 4,393 (↓0.95%)
🌕 Gold - $1,917 (↑0.10%)
⚫️ Oil Brent - $83.31 (↑0.53%)
They say investors are worried about tomorrow's speech by the head of the Fed 🤷♂️
Thursday news:
🔸 The MetaTrace crypto project raffles NFT Cars every day, giving access to closed testing of the application
🔸 Binance Ends Support for Crypto Cards in Latin America and the Middle East
🔸 The Central Bank of Turkey sharply raised its key rate by 50 bp. n. up to 25%. Lira strengthened by 6% against USD 💸
🔸 Circle will add USDC stablecoin to blockchains: Base, Cosmos, NEAR, Optimism, Polkadot and Polygon
🔸 Crypto exchange Bitstamp closes staking for US customers
Bankrupt Exchange FTX to Sell $3 Billion in Cryptocurrency via Galaxy Digital Crypto Bank
🔸The US Department of Justice is investigating SpaceX Elon Musk for violating employment rules 🤨
🔸 Online company Shopify adds Solana Pay crypto card payment
🔸 The US authorities filed charges against the founders of the cryptomixer Tornado Cash
🔹 Courses:
🌐 Bitcoin - $26,002 (↓1.63%)
📉 S&P 500 - 4,393 (↓0.95%)
🌕 Gold - $1,917 (↑0.10%)
⚫️ Oil Brent - $83.31 (↑0.53%)
Breaking: FTX Claims Agent Kroll’s Cybersecurity Breach Compromised Claimants Data
https://coingape.com/breaking-ftx-claims-agent-krolls-cybersecurity-breach-compromised-claimants-data/?utm_source=mike&utm_medium=telegram
https://coingape.com/breaking-ftx-claims-agent-krolls-cybersecurity-breach-compromised-claimants-data/?utm_source=mike&utm_medium=telegram
✅ The head of the Fed scared the markets with his plans to bring inflation to 2%, but the fear was not enough for long.
JPMorgan's statement about the end of BTC correction looks much more alarming. Why did they do that 🤔
Friday's news:
🔸 Visa has stopped issuing cryptocurrencies for Binance in Europe
🔸 Donald Trump has become the first former US president to be arrested 👀
🔸 Katie Wood's ARK Invest fund has applied for an Ethereum futures ETF
🔸 Customer data from bankrupt FTX exchange got to scammers and now they're running phishing emails
🔸 Tether reported 100% collateralization of USDT and a $3.29 billion reserve fund in place
🔸 Hacker stole 55k USDT from US Drug Enforcement Administration
🔸 PEPE meme token folded by 25% after the project team started getting the coins onto exchanges 🐸
🔸 DOGE millionaire's fortune dropped from $3m to $50k
🔹 Courses:
🌐 Bitcoin - $26,023 (↓0.55%)
📉 S&P 500 - 4,414 (↑0.87%)
🌕 Gold - $1,913 (↓0.18%)
⚫️ Oil Brent - $84.86 (↑2.10%)
JPMorgan's statement about the end of BTC correction looks much more alarming. Why did they do that 🤔
Friday's news:
🔸 Visa has stopped issuing cryptocurrencies for Binance in Europe
🔸 Donald Trump has become the first former US president to be arrested 👀
🔸 Katie Wood's ARK Invest fund has applied for an Ethereum futures ETF
🔸 Customer data from bankrupt FTX exchange got to scammers and now they're running phishing emails
🔸 Tether reported 100% collateralization of USDT and a $3.29 billion reserve fund in place
🔸 Hacker stole 55k USDT from US Drug Enforcement Administration
🔸 PEPE meme token folded by 25% after the project team started getting the coins onto exchanges 🐸
🔸 DOGE millionaire's fortune dropped from $3m to $50k
🔹 Courses:
🌐 Bitcoin - $26,023 (↓0.55%)
📉 S&P 500 - 4,414 (↑0.87%)
🌕 Gold - $1,913 (↓0.18%)
⚫️ Oil Brent - $84.86 (↑2.10%)
Binance Removes Cardano, MATIC, Pepe Coin, BTC & 35 Other Liquidity Pools, What It Means?
https://coingape.com/binance-removes-cardano-matic-pepe-coin-btc-35-other-liquidity-pools-what-it-means/?utm_source=mike&utm_medium=telegram
https://coingape.com/binance-removes-cardano-matic-pepe-coin-btc-35-other-liquidity-pools-what-it-means/?utm_source=mike&utm_medium=telegram
Here is a comparison of the amounts sent with PayPal, Mastercard, stablecoins, Visa and Bitcoin in 2021 (orange), 2022 (blue) and 2023 (grey). As you can see, more value was transferred through stables last year than through Mastercard and PayPal.
It is not surprising that the latter decided to launch its own similar PYUSD token, right?
It is not surprising that the latter decided to launch its own similar PYUSD token, right?
✅ In the US, the weekend and the stock market is closed, on this occasion, BTC also remained almost at its own 👉
Monday news:
🔸 GameFi project MetaTrace announced the listing of its TRC token on the BitMart exchange tomorrow
Near-bankrupt Chinese developer Country Garden receives a $540 million bond payment deferral
🔸 Vitalik Buterin sold $579,000 worth of MakerDAO tokens after the project thought to launch on the Solana network 😁
🔸 Cryptocurrency betting platform Stake hacked for $16 million
🔸 French authorities raided Worldcoin offices
🔸 The community of the dYdX DEX exchange voted to transfer the project to the native blockchain
🔸 Gala blockchain game platform leaders sued each other for stealing $130 million 🤦♂️
🔹 Courses:
🌐 Bitcoin - $25,844 (↓0.11%)
📉 S&P 500 - 4,515 (↑0.18%)
🌕 Gold - $1,938 (↓0.07%)
⚫️ Oil Brent - $88.85 (↑0.34%)
Monday news:
🔸 GameFi project MetaTrace announced the listing of its TRC token on the BitMart exchange tomorrow
Near-bankrupt Chinese developer Country Garden receives a $540 million bond payment deferral
🔸 Vitalik Buterin sold $579,000 worth of MakerDAO tokens after the project thought to launch on the Solana network 😁
🔸 Cryptocurrency betting platform Stake hacked for $16 million
🔸 French authorities raided Worldcoin offices
🔸 The community of the dYdX DEX exchange voted to transfer the project to the native blockchain
🔸 Gala blockchain game platform leaders sued each other for stealing $130 million 🤦♂️
🔹 Courses:
🌐 Bitcoin - $25,844 (↓0.11%)
📉 S&P 500 - 4,515 (↑0.18%)
🌕 Gold - $1,938 (↓0.07%)
⚫️ Oil Brent - $88.85 (↑0.34%)
Breaking: IMF And FSB Releases G20 Summit Paper On Crypto Asset Regulation
https://coingape.com/imf-fsb-releases-g20-paper-crypto-asset-regulation/?utm_source=mike&utm_medium=telegram
https://coingape.com/imf-fsb-releases-g20-paper-crypto-asset-regulation/?utm_source=mike&utm_medium=telegram
✅ Even with the price of bitcoin $25,700, there are 28 cryptocurrency billionaires and 88,200 millionaires in the world 💰
And how many more people are waiting for a bull market to get into this statistic...
Wednesday news:
🔸 GameFi project MetaTrace announced the listing of the TRC token on MEXC, after reaching 200 thousand users on the quest platform
🔸 Two regional directors who were responsible for the Russian market left Binance
🔸 ARK Invest fund Cathy Wood has applied for an Ethereum-based spot ETF 👀
🔸 Grayscale lawyers sent a letter to the SEC demanding that their BTC trust be transferred to an ETF
🔸 Research: In August, BTC trading volumes fell to a minimum since October 2020 and amounted to $423 billion
🔸 Elon Musk did not have enough to buy Twitter $ 1 billion and he borrowed it from his own company SpaceX 😎
🔸 Coinbase Launches Crypto Lending Service for Institutions
🔹 Courses:
🌐 Bitcoin - $25,629 (↓0.44%)
📉 S&P 500 - 4,457 (↓0.87%)
🌕 Gold - $1,917 (↓0.46%)
⚫️ Oil Brent - $90.74 (↑0.78%)
And how many more people are waiting for a bull market to get into this statistic...
Wednesday news:
🔸 GameFi project MetaTrace announced the listing of the TRC token on MEXC, after reaching 200 thousand users on the quest platform
🔸 Two regional directors who were responsible for the Russian market left Binance
🔸 ARK Invest fund Cathy Wood has applied for an Ethereum-based spot ETF 👀
🔸 Grayscale lawyers sent a letter to the SEC demanding that their BTC trust be transferred to an ETF
🔸 Research: In August, BTC trading volumes fell to a minimum since October 2020 and amounted to $423 billion
🔸 Elon Musk did not have enough to buy Twitter $ 1 billion and he borrowed it from his own company SpaceX 😎
🔸 Coinbase Launches Crypto Lending Service for Institutions
🔹 Courses:
🌐 Bitcoin - $25,629 (↓0.44%)
📉 S&P 500 - 4,457 (↓0.87%)
🌕 Gold - $1,917 (↓0.46%)
⚫️ Oil Brent - $90.74 (↑0.78%)
Breaking: Coinbase To Suspend Trading Services In India By the Month-End
https://coingape.com/breaking-coinbase-to-suspend-trading-services-in-india-by-the-month-end/?utm_source=mike&utm_medium=telegram
https://coingape.com/breaking-coinbase-to-suspend-trading-services-in-india-by-the-month-end/?utm_source=mike&utm_medium=telegram
✅ The price of Bitcoin again remained virtually unchanged during the week, but this will be the fourth red candle in a row.
The S&P 500 also closed in the red, stocks are correcting amid a strengthening dollar 💸
Weekly digest:
💎 Cryptocurrencies
🔸 ARK Invest and VanEck have applied for an Ethereum-based spot ETF
🔸 The MetaMask wallet now has a function for selling cryptocurrency for fiat
🔸 Google will allow advertising of NFT games that are not related to gambling
🔸 Ripple bought Fortress Trust for about $250 million
🔸 JPMorgan estimated the cost of Bitcoin mining at $18k ⛏
🏦 Crypto exchanges
🔸 Bankrupt exchange FTX intends to begin selling $200 million worth of cryptocurrency remaining on its balance every week starting September 13
🔸 Binance announced that it has provided users with more than 100% of their cryptocurrencies
🔸 Coinbase launched a crypto lending service for institutions
🪙 Financial news
🔸 Brent oil rose to $90 for the first time since November last year
🔸 The yuan fell against the dollar to its lowest level since 2007
🔸 SEC allowed Nasdaq to use exchange orders controlled by AI
⚖️ Regulation
🔸 Grayscale lawyers sent a letter to the SEC demanding that their BTC trust be transferred to an ETF
🔸 Chinese social network Sina Weibo blocked 80 leading crypto bloggers at once 🛑
🔸 The CEO of the Turkish scam exchange Thodex received 11,196 years in prison
🔸 CFTC filed lawsuits against DeFi projects Opyn, ZeroEx and Deridex for operating without a license
🚨 Hacks
🔸 Hackers hacked Vitalik Buterin’s Twitter account and posted phishing links. Damage amounted to $700k
🔸 Cryptocurrency betting platform Stake hacked for $16 million
🔸 User lost $24 million via phishing attack by signing fake transaction
🔷 Courses:
🌐 Bitcoin - $25,739 (↓0.42%)
📉 S&P 500 - 4,457 (↑0.14%)
🌕 Gold - $1,919 (↑0.03%)
⚫️ Oil Brent - $90.43 (↑0.57%)
The S&P 500 also closed in the red, stocks are correcting amid a strengthening dollar 💸
Weekly digest:
💎 Cryptocurrencies
🔸 ARK Invest and VanEck have applied for an Ethereum-based spot ETF
🔸 The MetaMask wallet now has a function for selling cryptocurrency for fiat
🔸 Google will allow advertising of NFT games that are not related to gambling
🔸 Ripple bought Fortress Trust for about $250 million
🔸 JPMorgan estimated the cost of Bitcoin mining at $18k ⛏
🏦 Crypto exchanges
🔸 Bankrupt exchange FTX intends to begin selling $200 million worth of cryptocurrency remaining on its balance every week starting September 13
🔸 Binance announced that it has provided users with more than 100% of their cryptocurrencies
🔸 Coinbase launched a crypto lending service for institutions
🪙 Financial news
🔸 Brent oil rose to $90 for the first time since November last year
🔸 The yuan fell against the dollar to its lowest level since 2007
🔸 SEC allowed Nasdaq to use exchange orders controlled by AI
⚖️ Regulation
🔸 Grayscale lawyers sent a letter to the SEC demanding that their BTC trust be transferred to an ETF
🔸 Chinese social network Sina Weibo blocked 80 leading crypto bloggers at once 🛑
🔸 The CEO of the Turkish scam exchange Thodex received 11,196 years in prison
🔸 CFTC filed lawsuits against DeFi projects Opyn, ZeroEx and Deridex for operating without a license
🚨 Hacks
🔸 Hackers hacked Vitalik Buterin’s Twitter account and posted phishing links. Damage amounted to $700k
🔸 Cryptocurrency betting platform Stake hacked for $16 million
🔸 User lost $24 million via phishing attack by signing fake transaction
🔷 Courses:
🌐 Bitcoin - $25,739 (↓0.42%)
📉 S&P 500 - 4,457 (↑0.14%)
🌕 Gold - $1,919 (↑0.03%)
⚫️ Oil Brent - $90.43 (↑0.57%)