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How Chinese traders and miners get around China’s crypto ban
Chinese investors are finding innovative ways to tap into the digital assets markets and participate in some of the year’s most profitable trends despite Beijing’s ban on cryptocurrency trading. The…
MonkeDAO launches probe amid allegations over treasury discrepancies
MonkeDAO, the community behind Solana’s Monkey Business Gen2 NFT collection, has launched an internal probe following allegations of treasury fund discrepancies. MonkeDAO, the community that oversees Solana‘s NFT collection Monkey…
Clicker games to fade post-airdrop, Is Hamster Kombat any good? Web3 Gamer
Clicker Games will have a ‘fairly sizeable’ drop-off soon Clicker games like Catizen and Tapswap will probably lose their appeal once the current batch releases tokens because the games probably…
SEC, Coinbase clash over ‘broad’ subpoena requests in ongoing legal battle
Coinbase and the SEC are locked in a legal showdown over the exchange’s attempt to subpoena Gary Gensler’s communications. The ongoing legal battle between Coinbase and the U.S. Securities and…
Tokenization of the music industry with music NFTs
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. “Party Like It’s 1999,” sang Prince Rogers…
Buyers surge, sales decline over 12.6%
After three straight weeks of improvement, the non-fungible token market saw a drop in sales volume tempered by a notable increase in buyer activity. The past seven days have been…
Hodler’s Digest, July 28 – Aug. 3 – Cointelegraph Magazine
Top Five Stories of the Week Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, which would…
Monero leads top altcoins in 24-hour gains despite sea of red
Monero is currently the top-performing cryptocurrency among the top 100 by market cap over the past 24 hours. On Aug. 2, Monero (XMR) rose above $164, posting intraday gains of…
Analyst lowers Coinbase price target, still sees 40% upside
Coinbase stock price has been in a freefall, dropping for eight consecutive days, but one analyst believes that it could rebound to $295, ~40% above its Friday’s open. Coinbase’s retreat…
Coinbase faces campaign finance violation allegations over $25m super PAC donation
Coinbase faces allegations of violating campaign finance laws with a multi-million donation to the Fairshake super PAC, though the exchange labels these claims “misinformation.” Coinbase, the U.S. public cryptocurrency exchange,…
Backlash as WazirX ‘socializes’ $235M loss, $10B metaverse plan for shut-ins: Asia Express
Our weekly roundup of news from Asia curates the industry’s most important developments. Can the metaverse solve Japan’s “hikikomori” problem? Research and consulting firm Yuri Group estimates that Japan can…
Ripple Invests In Tokenized US Treasury Bills On XRP Ledger
RippleX, the developer arm of Ripple, is partnering with OpenEden Labs to introduce tokenized US Treasury bills (T-bills) to the XRP Ledger (XRPL), according to an official press release from…
a16z, Coinbase back $50m funding round for Morpho
Decentralized crypto lender Morpho has announced a $50 million strategic round backed by a16z and Coinbase Ventures among other top crypto venture capital firms. On August 1, 2024, Morpho disclosed…
Icebreaker raises $5m to launch a blockchain rival to LinkedIn
Icebreaker, an open-source professional network founded by Coinbase and Google alumni Dan Stone and Jack Dillé, has raised $5 million in seed funding, valuing the company at $21 million. The…
Hyperbolic and Mintify raise over $10m in latest web3 VC deals
So far this week, two web3 startups have collectively raised over $10 million in venture capital funding. Hyperbolic raises $7 million Hyperbolic, a blockchain-based artificial intelligence project, raised $7 million…
Japanese crypto exchange Bitbank eyes IPO on Tokyo Stock Exchange
Crypto exchange Bitbank is gearing up for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval to go public. Bitbank…
SEC became a defendant in the NFT classification lawsuit
Law professor and filmmaker Brian Frye and songwriter Jonathon Mann have filed a lawsuit against the U.S. Securities and Exchange Commission. The lawyers argue that the SEC’s approach to regulation…
SEC pauses securities allegations against Solana, Cardano and Polygon in Binance lawsuit
The U.S. SEC has decided to pause its allegations that the native crypto assets of Solana, Cardano and Polygon are unregistered securities in its ongoing lawsuit against Binance. The U.S.…
Litecoin Inches Toward Bollinger Band Buy Signal After 6% Surge
Litecoin is among the crypto market leaders today, surging 6% intraday while Bitcoin remains flat. The single-day rally in LTCUSD might be enough, however, to generate a near-term buy signal…
Coinbase hacker jailed 3.5 years for stealing from over 500 users
A hacker has been sent to prison for draining over $900,000 from the accounts of several Coinbase users. Elliot Gunton, a resident of the United Kingdom, and his accomplices designed…
Brevan Howard’s new fund to target firms with crypto on balance sheets: report
Brevan Howard’s crypto hedge fund has launched a new unit that will help companies generate more returns on their crypto treasuries. Brevan Howard Asset Management’s crypto-focused branch, Brevan Howard Digital,…
surge in activity and notable sales drive market momentum
The NFT market saw a significant boost in activity this week, with a 48% rise in buyers and several high-profile sales. In an eventful week for the NFT market, the…
Brett token price rises 12%; analyst sees another 30% upside
Brett, the biggest meme coin in the Base Blockchain, rose by over 12% on Friday as sentiment in the crypto and stock industries improved. Brett (BRETT) token rose to $0.133,…
Coinbase stock price is rising; Aug. 1 will be crucial
Coinbase stock price rose almost 5% in the pre-market session as Bitcoin and other altcoins bounced back. The stock was trading at $242, up 15% from this month’s low of…