
Has US inflation peaked? 5 things to know in Bitcoin this week
- News
Trend Micro calls out vulnerabilities in metaverse security development “Illegal or criminal activities are likely to flourish in the darkverse since it will be difficult to track and monitor,” Trend Micro said.
- News
Australia-based crypto miner doubles hash rate after energizing Canadian rigs Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”
- News
Dave Portnoy's SafeMoon position is down 94%, claims he's being sued by project The Barstool Sports founder panic-sold Bitcoin in 2020 and has expressed fleeting interest in digital assets ever since.
- News
Circle freezes blacklisted Tornado Cash smart contract addresses Stablecoin issuers can blacklist interactions with the Tornado Cash DApp on the Ethereum smart contract level.
- News
Tornado Cash co-founder reports being kicked off GitHub as industry reacts to sanctions OFAC issued a statement implying prohibited transactions with Specially Designated Nationals could include "downloading a software patch from a sanctioned entity."
- Newsletter
Two more lawsuits for Coinbase: Law decoded, Aug. 1–8 Both plaintiffs claim that Coinbase made fraudulent and deceptive representations regarding the company’s business.
- News
White hat hackers have returned $32.6M worth of tokens to Nomad bridge The cross-chain bridge was drained of its assets in less than three hours.
- Price Analysis
Price analysis 8/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX Bitcoin price aims to break from its current range and flip $24,000 to support, while altcoins are following the upside move by attempting to confirm their bottoming patterns.
- News
Vitalik Buterin proposes stealth addresses for anonymous NFT ownership “You would be able to eg. send an NFT to vitalik.eth without anyone except me (the new owner) being able to see who the new owner is,” said the Ethereum co-founder.
- Video
Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg.
- Markets news
- Market Analysis
Fed reverse repo reaches $2.3T, but what does it mean for crypto investors? Investors avoid risk assets during a crisis, but excessive cash sitting in financial institutions could also be good for the cryptocurrencies.
- News
Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers Binance denied any equity ownership in the India-based crypto exchange after the latter came under regulatory scrutiny.
- Breaking news
US Treasury sanctions USDC and ETH addresses connected to Tornado Cash The protocol was at the center of some recent hacks and exploits in decentralized finance, including the alleged theft of $455 million by the North Korea-affiliated Lazarus Group.
- Market Update
Bitcoin price targets 8-week highs as Ethereum reaches $1.8K Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week.
- Market Analysis
Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030.
- Analysis
US ethics advisory on federal employee's crypto has basis in legislation The Office of Government Ethics reminded federal agency ethics officers of current law and extended its interpretation of the law to mutual funds.
- News
A slice of the punk: CryptoPunk NFT to be split into thousands of pieces A valuable CryptoPunk NFT is to be fractionalized as more than 56,000 addresses sign up for a share of ownership.
- Analysis
Ethereum Name Service founder reflects as 2 million registration mark nears As the Ethereum Name Service edges closer to 2 million domain registrations, its founder reflects on the parallels with the internet’s Domain Name Service.
- News
Crypto lending platform Hodlnaut suspends services due to liquidity crisis Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST.
- News
FTX, Bybit rise in web traffic despite overall traffic drop on CEXs Web traffic on FTX surged 123% YoY, while major exchanges such as Coinbase and Binance were down 46% and 40% traffic-wise, respectively.
- Interview
Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022 Nansen CEO Alex Svanevik said that while many chains will become ghost towns after the Merge, some will be able to find their own niches.
- News
Nigeria becomes the most crypto-obsessed nation after April crash: Report The Google trends data for the popular search terms in 15 countries showed that “Ethereum” searches outscored “Bitcoin” in 14 of them.
- News
Chainlink ditches Ethereum PoW forks for PoS after The Merge The Chainlink protocol will continue operations on Ethereum after the upcoming Merge to the proof-of-stake consensus layer.
- News
Cross chains, beware: deBridge flags attempted phishing attack, suspects Lazarus Group deBridge Finance survives an attempted phishing attack, points a finger at the North Korean Lazarus Group, and warns the wider community to be on guard.
- News
Bitcoin core contributor urges maximalists to take a different route Matt Corallo urged the Bitcoin community to drop the us-versus-them culture, which leads to attacking projects other than BTC.
- News
Korea Blockchain Week, Aug. 8: First-day takeaways from the Cointelegraph team The first day of the main stage event included a keynote presentation from Ethereum’s Vitalik Buterin, 1inch Network's Sergej Kunz, and Klaytn Foundation’s Sam Seo.