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28.08 / 01:59

business Ethereum Web3 OnlyFans’ parent company bought $20M of Ethereum as revenue surged

The parent company of subscription platform OnlyFans has become the latest firm to reveal its cryptocurrency holdings, showing it invested nearly $20 million into Ether (ETH) in 2022.

27.08 / 23:51

business Facebook Blockchain Twitter Adoption Social Media Instagram Friend While Friend.tech booms, decentralized social has a retention problem — Execs

Despite the recent hype around riend.tech, some decentralized social networks are still having a tough time getting users to sign up and stay on their social media platforms.

27.08 / 18:13

business NFT investigation Ronaldinho fails to testify in crypto scam probe, faces possible arrest in Brazil

Brazilian soccer star Ronaldinho Gaúcho could be detained by authorities to testify over a crypto fraud investigation in Brazil. According to local media reports, Ronaldinho failed to appear before the country's Congress over a pyramid scheme probe allegedly linked to one of his companies.

27.08 / 07:23

business Blockchain Hackers FTX Suspends Cyber FTX suspends user accounts amid Kroll cyber breach concerns

Following the recent Kroll cybersecurity breach, FTX Derivatives Exchange, a financially distressed cryptocurrency trading company, has opted to temporarily suspend accounts of impacted users accessing its claims portal.

26.08 / 17:09

business crimes FTX Court Fried Sam Judge to hear Sam Bankman-Fried's defense against 4M pages of newly released evidence

A federal judge will hear Sam Bankman-Fried's defense argument against a newly released batch of evidence provided by the U.S. Department of Justice (DoJ) on Aug. 25. According to Bankman-Fried's attorneys, an additional 4 million pages of discovery were released less than six weeks before his trial, scheduled for October 3.

26.08 / 17:09

business Blockchain Adoption NFT Blockchain Game How can the synergy of AI and blockchain disrupt the music industry?

The synergy of AI and blockchain can revolutionize the music industry by enhancing artists' creative capabilities while preserving transparency and fair revenue distribution among creators.

26.08 / 09:01

business ETF SEC Bitcoin spot bitcoin Hashdex Hashdex joins race for spot Bitcoin ETF with unique strategy

Crypto asset management company Hashdex has joined the competition for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States. The firm has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin futures ETF that will hold spot Bitcoin.

26.08 / 02:53

markets business regulation us government Startups Customers Crypto builders should 'give up' serving US customers for 5 to 10 years — dYdX founder

Antonio Juliano, the founder of decentralized exchange dYdX thinks that crypto builders should forget about serving customers in the U.S. over the next five to 10 years, experiment in other markets and then return once the time is right.

25.08 / 20:07

business Binance regulation sanctions P2P P2P Payments Binance P2P removes sanctioned Russian banks from payments list

Crypto exchange Binance has removed “yellow” and “green” payment options from its peer-to-peer (P2P) service after being criticized for using these code words to represent sanctioned Russian banks, Cointelegraph confirmed on Aug. 25.

25.08 / 17:51

business Stablecoin Adoption PayPal PayPal's PYUSD struggles with early adoption — Nansen

PayPal recently released stablecoin PayPal USD (PYUSD) is facing challenges gaining traction, on-chain data reveal. According to findings from blockchain analytics firm Nansen, roughly 90% of PYUSD is currently held in stablecoin issuer Paxos Trust's wallets.

25.08 / 17:51

business regulation Altcoin Court Celsius Celsius bankruptcy Judge denies stakeholders request for representation in Celsius bankruptcy case

Judge Martin Glenn shot down efforts to have a special shareholders class declared in the Celsius Network bankruptcy case in a court document filed on Aug. 25. The judge also declined to settle whether or not the CEL token was a security.

25.08 / 17:17

business NFT Trump Donald Trump NFT prices spike following release of mugshot in Georgia criminal case

The price of nonfungible tokens (NFTs) featuring Donald Trump surged after news outlets released a photo of the former United States President as part of his criminal case in the state of Georgia for allegedly attempting to subvert the will of voters in the 2020 election.

25.08 / 17:17

business Blockchain Tokens bonds Hong Kong regulator eyes tokenization for bond market improvement: Report

The Hong Kong Monetary Authority (HKMA) released a report on Aug. 25 detailing the findings of its Project Evergreen study which analyzed the market impact of bond tokenization.

25.08 / 13:49

business Blockchain memecoin Pepe PEPE whale seizes dip opportunity, buys $529k worth of tokens

After the value of the frog-themed memecoin Pepe (PEPE) dropped by approximately 15% due to recent modifications in a multisig wallet and concerns about potential developer manipulation, a significant PEPE holder spent 320 Ethereum (ETH) valued at $529,000 to acquire 640 billion PEPE tokens.

25.08 / 13:36

business regulation Court Terra Vauld gets permission for board restructuring from the court

Vauld, a Singapore-based crypto exchange that has been in ongoing bankruptcy proceedings since August 2022, has said that it had received permission from the court to restructure its board. The new top management will lead the company’s bailout process.

25.08 / 13:35

business defi coinbase Scams Decentralized Exchange Decentralization BaSe Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth

Magnate Finance, a lending and borrowing platform on Coinbase’s layer-2 protocol, Base, has rug-pulled its users of $6.5 million hours after on-chain sleuths like ZachXBT warned about the possibility of an exit scam due to several actions of the founders of the project.

25.08 / 08:35

business Stablecoin Altcoin Tether Digital Dollar Dollar Tether maintains $3.3B in liquidity cushion: USDT transparency report

Stablecoin issuer Tether maintains a liquidity cushion of nearly $3.3 billion to provide stability to the Tether ecosystem and garner trust among shareholders.

25.08 / 07:55

business Blockchain data FTX reports ftx crypto exchange FTX crypto exchange reports data breach involving claims agent Kroll

Defunct crypto exchange FTX has announced a cybersecurity breach involving its bankruptcy case claims agent, Kroll, in which limited, non-sensitive customer data of specific claimants was exposed. FTX said it is actively overseeing the situation, assuring that account passwords, systems and funds remain unaffected.

25.08 / 07:21

business Binance MasterCard Bitcoin Debit Cards end Mastercard and Binance end crypto card partnership in Latin America: Report

Global payment giant Mastercard is reportedly ending its cryptocurrency card partnership with Binance crypto exchange next month, according to a Bloomberg report. The report didn't divulge the reason for the change, but implied it might be due to increased regulatory scrutiny of the beleaguered crypto exchange.

25.08 / 06:57

business Adoption Gaming GameFi Blockchain Game Atari founder, Animoca sees Web3 games as vital for virtual ownership and education

Nolan Bushnell, the founder of Atari and inventor of Pong — one of the first commercially successful video games — has shared optimism for the future of Web3 games, particularly as it comes to bringing ownership to virtual worlds.

25.08 / 04:59

business Hackers Cybersecurity Cybercrime malware BUG WinRAR patches zero-day bug that targeted stock and crypto traders

The developers behind file compression software WinRAR have patched a zero-day vulnerability that allowed hackers to install malware onto unsuspecting victims' computers, enabling them to hack into their crypto and stock trading accounts.

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