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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Friday Pullback? Biggest Bitcoin Mining Pool Sends 800 BTC to Binance
Bitcoin may have recovered to $11,700 but miners could soon spark a price plunge, data warns.
Boston's Federal Reserve Bank and MIT to Tackle Digital Currency Research
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs.
Ripple CEO Fires Back at NYT Reporter, 'Ripple Has No Plans to Reset Our Strategy'
"Ripple has no plans to 'reset' our strategy."In response, Garlinghouse made it clear that he believed "Using XRP to solve a $10 trillion problem, like cross-border payments, is working".
How a "Chad" minted Curve tokens early and briefly surpassed BTC's market cap
Curve's tokens launched early this morning after an unknown individual/s deployed open-source contracts and minted CRV. Community reaction was mixed, with some observers calling it a "Scam."
Blockchain Investments Fell 63% Due to Pandemic
Professional services firm KPMG has published a report predicting that blockchain will be one of five emerging technology sectors to see increased investment from enterprises over the next 12 months.
Four of the Top Five South Korean Banks to Offer Crypto Services
Two more South Korean banks are looking at crypto custody options.
Is Chainlink Poised for a Sell Off After Reaching New ATH?
Chainlink rallied another 4% today, maintaining its place as the fifth largest crypto asset by market cap - but are investors starting to become skittish?
$12K Bitcoin Price in Sight as Retail, Institutional Traders Turn 'Greedy'
After recovering 6.3% from a drop to $11,200 on Aug. 11, Bitcoin price appears to be gearing up for a third run on the $12K mark.
$99 Gas Fees on Ethereum Are Crippling DeFi's Growth
Skyrocketing Ethereum fees and the exorbitant costs of interacting with DeFi smart contracts, threaten the growth of the sector.
$600M Crypto Ad Ban Class Action Filed in Australian Courts
Law firm JPB Liberty filed a class-action lawsuit in the Federal Court of New South Wales earlier today, targeting Facebook and Google for anti-competitive behavior for banning cryptocurrency advertising in 2018.JPB argues the ban, which was loosened in 2019, killed the initial coin offering market and caused severe financial damage to the wider cryptocurrency industry.
Anonymous Developer Deploys Curve Contracts, Forcing Early Launch
Decentralized finance project Curve has been forced to launch its DAO and governance token CRV prematurely after an anonymous developer deployed the contracts without the knowledge of the official team.
Attorney Ordered to Pay $5.2M for Releasing Bitcoin Funds From Escrow
A federal judge has ruled that a New York attorney is responsible for repaying a crypto investment firm after he prematurely released escrow funds set aside for buying $5 million in Bitcoin.
BitMEX Moves to Compulsory ID Checks for All Customers
Hong Kong based cryptocurrency derivatives exchange BitMEX will be launching a user verification program on August 28, requiring all customers to complete ID checks within the next six months.
BlackRock, Vanguard, Indirectly Hold Bitcoin Via MicroStrategy Investment
Earlier this week Bitcoin bulls and crypto investors were thrilled by the news that MicroStrategy, a Nasdaq-listed business intelligence company worth $1.2 billion, had formally adopted Bitcoin as its primary reserve asset by purchasing 21,454 BTC.This led the majority of top crypto analysts and industry folk to post uber-bullish statements on Twitter and for many this confirmed their belief that Bitcoin is in the early stages of a bull market.
'Invest In Bitcoin' Galaxy Digital Ad Tells Financial Times Readers
Mike Novogratz's Galaxy Digital is following in Grayscale Investments' footsteps by releasing an ad for cryptocurrency to the general public, this time using print media.
Yield farming protocol tanks and takes YFI, COMP, LEND down with it
The DeFi market took a huge hit earlier today when YAM, an experimental yield farming project, suffered a contract bug that caused its market cap to drop from $60 million to virtually zero.
How One Line of Code Destroyed Yam DeFi
The now notorious project, Yam.Finance, was launched without a proper code audit just like many other projects in the space.
SEC Charges ICO Operator for Misrepresenting His Platform's Technology
The U.S. Securities and Exchange Commission, or SEC, publicized legal action against another 2017 Initial Coin Offering, or ICO. Boon.Tech and Rajesh Pavithran, the project's CEO, face fraud accusations from the commission, as well charges associated with securities registration, an Aug. 13 statement from the SEC detailed.
Official 'Doctor Who' Merchandise Is Coming to the Blockchain
Listen to article BBC Studios has officially entered the blockchain gaming space after partnering with Reality Gaming Group to develop a digital trading game for the popular TV series, Doctor Who.
Barstool's Dave Portnoy Hosts Winklevoss Twins For BTC Talk
Barstool Sports founder, Dave Portnoy, posted a video of his meeting with Gemini exchange founders, Tyler and Cameron Winklevoss, on Twitter.
Abra CEO Explains Why It's Bitcoin's Time to Shine
The U.S. government's attempts to fix the current economic situation could ultimately lead to greater Bitcoin adoption, according to Bill Barhydt, CEO of crypto wallet and exchange solution, Abra.
Crypto exchanges are rushing to list Aragon, but what is it?
Three major crypto exchanges listed Aragon's ANT tokens yesterday, causing an immediate price bump and frantic Google searches for what the protocol does.
Why Santander Doesn't Want to Use Ripple for International Payments Yet
There may be trouble in paradise with one of Ripple's major partners.
Ross Ulbricht Uses Snail Mail to Send Correction for Blog Post on MakerDAO
Ross Ulbricht, the founder of SilkRoad, has issued a short follow-up to his essay on MakerDAO and how it could be redesigned and improved.
Learn to Profit From Bitcoin's Growing Correlation With Traditional Assets
Veteran crypto traders Scott Melker and Michaël van de Poppe will be discussing Bitcoin's different types of correlation with traditional assets and how to best profit from them.
This Ransomware Comes With Its Own Affiliate Program
Avaddon, a new ransomware-as-a-service, or RaaS, protocol, is the latest to jump on the crypto extortion bandwagon.
US DoJ Seizes Millions in Crypto Funds From Al-Qaeda and ISIS Networks
Justice Department announces the largest ever seizure of terrorist-bound crypto assets today in Washington, DC. 263 Total views.
Interest in Grayscale Crypto Products Not Easing Up, Not Just BTC Now
Grayscale Investments, the largest digital asset management firm in the world, has been showing exponential increases in investment to its cryptocurrency products.
Figuring Out Who's to Blame for DeFi's Persistent Security Issues
Is Ethereum to blame?Evidently, the Achilles heel of DeFi projects is bugs and vulnerabilities in the smart contract codes, but what or who exactly to blame for this? Is it the DeFi developers who don't properly test or audit code before launching their apps, or does the fault lie with Ethereum's architecture, meaning that little depends on platforms?
Japan's Top HR Firm Is Working on a Blockchain-Based Recruitment App
Listen to article Persol Group, one of the largest human resource companies in Japan, has partnered with major Japanese IT and electronics company, NEC Corporation, to build a new blockchain-powered recruiting platform.