News

Today’s Top Crypto News – Tuesday 8/23/22

•Crypto Exchange Coinbase Faces Class Action Lawsuit Over Alleged Lapses in Security – CoinDesk “A class action lawsuit filed in a Georgia court alleges the crypto exchange failed to secure users’ accounts against theft and hacks, and seeks damages upwards of $5 million.” •Mt. Gox Creditors Near Payout, Sparking Fears

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Today’s Top Crypto News – Monday 8/22/22

•Voyager creditors oppose $1.9M employee retention proposal – CoinTelegraph “The creditors wrote that the employees are “already well-compensated” while its creditors struggle to pay their expenses.” •Samsung Securities Joins Giant Brokerages in Bitcoin, Crypto Exchange Push- Bitcoin Magazine “Samsung Securities, Mirae Asset Securities and five other giant brokers have filed

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Today’s Top Crypto News – Friday 8/19/22

•Crypto Stocks Slide in Premarket Trading as Bitcoin Slumps to $21.5K – CoinDesk “Marathon Digital and Riot Blockchain are both down by more than 10% before the open of U.S. stock exchanges.” •Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis – CoinTelegraph “Analysts are divided

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Today’s Top Crypto News – Thursday 8/18/22

•CME Group Adds to Crypto Offerings With Ether Options – CoinDesk “The exchange will allow traders to make bets and manage risk ahead of the Ethereum Merge.” •Bitcoin, Crypto Markets Dip on Release of Fed Minutes – Decrypt “Inflation is still “unacceptably high,” the U.S. central banking authority said in

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Today’s Top Crypto News – Wednesday 8/17/22

•Bitcoin price sees firm rejection at $24.5K as traders doubt strength – CoinTelegraph “$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ether are quickly extinguished.” •EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings – CoinDesk “Lawmakers of the European Green Party want to anticipate international standards

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Today’s Top Crypto News – Tuesday 8/16/22

•Federal Reserve Releases New Guidelines for Crypto Banks – Decrypt “The announcement could make it possible for American crypto banks to perform both crypto and traditional banking functions.” •FSInsight: Ether May Well Surpass Bitcoin’s Market Cap in Next 12 Months – CoinDesk “If the blockchain’s Merge occurs as planned, the

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Today’s Top Crypto News – Monday 8/15/22

•Shiba Inu, Dogecoin Jump as Risk-On Behavior Returns to Crypto Markets – CoinDesk “Futures tracking the two tokens saw over $25 million in liquidations in the past 24 hours.” •Galaxy Digital Ends Deal for Crypto Acquisition – Barron’s “Galaxy Digital Holdings is terminating an agreement to acquire BitGo, a processor

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Today’s Top Crypto News – Friday 8/12/22

•Crypto Entrepreneurs Bankman-Fried, Sun in Talks to Buy Majority of Huobi Global Exchange – CoinDesk “The deal could be one of the biggest ever in the crypto industry.” •Dutch authorities arrest suspected Tornado Cash developer – CoinTelegraph “The Dutch Fiscal Information and Investigation Service didn’t rule out multiple arrests in

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Today’s Top Crypto News – Thursday 8/11/22

•BlackRock Offers Bitcoin Investing to Big Institutional Clients – Bloomberg “BlackRock Inc. is offering its first-ever investment product directly in Bitcoin, marking a significant move into crypto markets by the world’s largest asset manager.” •South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe – CoinDesk “Authorities are investigating $3.4 billion in

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Today’s Top Crypto News – Wednesday 8/10/22

•U.S. Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps – CoinDesk “Crypto markets responded positively after the slower-than-expected inflation reading, which takes some pressure off the Federal Reserve to continue to hike aggressively at the September meeting.” •Nvidia ups its metaverse bet with new developer tools –

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Today’s Top Crypto News – Monday 8/9/22

•Crypto-Mixing Service Tornado Cash Blacklisted by US Treasury – CoinDesk “The department barred its use by U.S. persons as a matter of national security because North Korean hackers allegedly use the mixer to launder stolen crypto funds.” •The Reserve Bank of Australia to explore use cases for CBDC – CoinTelegraph

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Today’s Top Crypto News – Friday 8/5/22

•Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens – CoinDesk “Democrats on the House Financial Services Committee are asking for more information about hiring from digital-assets firms.” •Jobs shocker: U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic levels – MarketWatch “Red-hot labor market could push

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Today’s Top Crypto News – Thursday 8/4/22

•BlackRock Announces Bitcoin Partnership With Coinbase Amid Crypto Industry Turmoil – Wall Street Journal “BlackRock, the world’s largest money manager, announced a partnership with Coinbase Global on Thursday—some good news for an industry where layoffs and turmoil have become commonplace.” •Coinbase Asks US Supreme Court to Halt Lawsuits Connected to

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Today’s Top Crypto News – Wednesday 8/3/22

•Solana Wallets Targeted in Latest Multimillion Dollar Hack – CoinDesk “Over 8,000 internet-connected “hot” wallets have been compromised so far, but the source of the attack remains unknown.” •Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin – Yahoo Finance “MicroStrategy (MSTR) announced on Tuesday

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Today’s Top Crypto News – Tuesday 8/2/22

•Bitcoin Down for Third Day as Caution Washes Over Global Markets – Bloomberg “A bout of jitters in global markets over deepening US-China tension weighed on cryptocurrencies, pushing Bitcoin lower for a third day.” •Nomad Bridge Drained of Nearly $200M in Exploit – CoinDesk “The exploit calls the security of

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Today’s Top Crypto News – Monday 8/1/22

•Ether Flips Bitcoin in Options Market for the First Time – CoinDesk “Put-call ratio has dipped to a yearly low, indicating bullish momentum, Deribit’s Luuk Strijers said.” •Aave Passes Proposal for Yield-Generating Stablecoin GHO – CoinDesk “The fully collateralized stablecoin is native to the Aave ecosystem and will be initially

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Today’s Top Crypto News – Monday 8/1/22

•Ether Flips Bitcoin in Options Market for the First Time – CoinDesk “Put-call ratio has dipped to a yearly low, indicating bullish momentum, Deribit’s Luuk Strijers said.” •Aave Passes Proposal for Yield-Generating Stablecoin GHO – CoinDesk “The fully collateralized stablecoin is native to the Aave ecosystem and will be initially

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Today’s Top Crypto News – Friday 7/29/22

•‘Bullish rate hike’ — Why crypto spiked today in the face of bad news – CoinTelegraph “The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.” •Schwab Asset Management to List Crypto ETF on New York Stock Exchange

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Today’s Top Crypto News – Thursday 7/28/22

•Fed Meets Market Expectations With 75 Basis Point Rate Hike, Bitcoin Jumps 5% – Decrypt “The U.S. central bank continued raising interest rates in attempting to get inflation under control.” •Ether Dominates Futures Trading as Shorts See $200M in Liquidations – CoinDesk “Crypto markets jumped after the U.S. Federal Reserve’s

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Today’s Top Crypto News – Wednesday 7/27/22

•Crypto Traders Split on Upcoming Fed Rate Hike’s Impact on Bitcoin – CoinDesk “The Fed has raised rates by 150 bps since March, injecting volatility into asset markets. Yet some analysts expect BTC to stay resilient after Wednesday’s hike.” •IMF Says Bitcoin Crash Hasn’t Harmed Global Financial Stability – Decrypt

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