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25.08 / 03:31

business Mining Cloud Storage Cloud Mining Dropbox ditches unlimited storage offering, blaming crypto cloud miners

The online storage platform Dropbox has binned its unlimited storage plan after discovering some of its users were using the service for resource-intensive purposes like mining crypto.

25.08 / 02:15

business Adoption PayPal Commonwealth Bank of Australia Australian Australian exchange enlists PayPal as banks ‘close ranks’ against crypto

The CEO of Australian crypto exchange Independent Reserve says it has turned to payments giant PayPal to hedge against increasing bank restrictions against crypto exchange payments.

25.08 / 00:05

business Ethereum Adoption ETF Investments SEC Bitcoin Ethereum Futures Etf 21Shares ARK Invest, 21Shares join queue to offer Ethereum futures ETF

Investment firms ARK Invest and 21Shares have teamed up to apply for two Ethereum futures exchange-traded funds after reports emerged last week that the United States securities regulator could soon begin approving applications.

24.08 / 22:07

business Blockchain wallet Bitcoin Wallet Multichain Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2

Multichain wallet Exodus has released its financial results for the second quarter of 2023, disclosing revenue of $12.4 million, a 4% decrease year-over-year. Net income amounted to $1.9 million.

24.08 / 20:55

business Stablecoin Investments Bankruptcy Terra Lost Prime Trust parent company lost $8M investing in TerraUSD

The parent company of crypto custodian Prime Trust, currently involved in Chapter 11 bankruptcy proceedings, has reported losing roughly $8 million in client and treasury funds through TerraUSD investments.

24.08 / 20:25

business Blockchain Investments Venture Capital Vessel Capital secures $55M to invest in Web3 infrastructure: Report

Venture capital firm Vessel Capital has announced a $55 million fund to invest in Web3 infrastructure and applications, TechCrunch reported. According to the founders, their goal is not to scale, but rather to assist crypto founders working on early-stage startups to launch and grow their projects.

24.08 / 17:35

markets business Mining interview Bitcoin Bitcoin Price Future BTC Mining The future of BTC mining and the Bitcoin halving

On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United States-based Bitcoin (BTC) mining pool, research hub and service provider.

24.08 / 16:31

business Blockchain Report Venture Capital Research Crypto VC inflows drop further as macro factors weigh on investments

July saw a drop in capital inflows from venture capitalists by 10.26% resulting in $700 million raised according to Cointelegraph Research VC Database. The last two months rejected the potential upward trend, as it seems that macroeconomic conditions revolving around the United States Federal Reserve rate hikes and geopolitical events are still having a more severe impact on VCs’ decision making.

24.08 / 16:11

business SEC Analysis Opinion exchanges Opinion: Bitget acted ethically on crypto influencer’s account

Love or hate them, influencers are as inseparable from crypto as blockchain itself. While it’s hard to imagine a crypto space without social media influencers, they sometimes act unethically by promoting dubious tokens and profiteering at the expense of ordinary investors. Such practices are a matter of concern — not only to the crypto community members who trust them but also to regulators.

24.08 / 16:11

business Analysis Opinion FTX exchanges Opinion: Is this exchange the next FTX?

The blockchain industry has been revolutionary, to say the least. In the last three years, the crypto market has affected and changed lives positively — mine included. And this is why I am a massive advocate of cryptocurrencies and their power to give anyone financial freedom. Perhaps that is why MicroStrategy CEO Michael Saylor’s quote calling Bitcoin (BTC) “digital gold” resonates with me.

24.08 / 11:07

business Ripple XRP regulation SEC Court Lawyers SEC v. Ripple: Attorneys leave SEC side, both groups add new lawyers

Multiple attorneys have moved in and out of the lawsuit between Ripple Labs, its executives and the United States Securities and Exchange Commission, as signified by court filings on Aug. 23.

24.08 / 10:45

business Stablecoin Adoption Tokens Nigerian crypto exchange's token launch draws scrutiny

Patricia, a Nigerian cryptocurrency exchange, has revealed the introduction of its own native token named Patricia token (PTK). However, this launch has generated more doubt than applause within the local cryptocurrency community.

24.08 / 08:33

business Government regulation Scams UK government Cold Calls UK considers blanket ban on crypto investment cold calls

As the United Kingdom prepares for a ban on finance-related cold calls, the UK Treasury issued a consultation and call for evidence to gauge a full picture of the impact on businesses, or the costs associated with introducing and implementing the ban.

24.08 / 08:33

business Blockchain Binance regulation Bitcoin Debit Cards Binance to halt crypto debit card in Latin America and the Middle East

Cryptocurrency exchange Binance is going to suspend its crypto debit card services in Latin America and the Middle East starting from Aug. 25.

24.08 / 00:07

business NVIDIA ‘The race is on’ for AI: Nvidia CEO bullish as Q2 revenue tops estimates

Shares of computer chip manufacturer Nvidia soared nearly 10% in after-hours trading as surging demand for AI chips saw the firm post Q2 earnings that significantly beat Wall Street estimates.

23.08 / 21:31

business Blockchain SEC PancakeSwap Sec Charges SEC charges former corrections officer for role in bizarre crypto scam

John A. DeSalvo, a former lieutenant at the New Jersey Department of Corrections, has been charged by the U.S. Securities and Exchange Commission (SEC) for orchestrating a crypto scam that specifically targeted police officers and first responders.

23.08 / 18:09

business Ethereum regulation SEC BitStamp Bitstamp halts ETH staking in the United States

Crypto exchange Bitstamp will discontinue staking services for customers based in the United States. In a message shared with Cointelegraph, the exchange announced the ending of Ether (ETH) staking as of Sept. 25.

23.08 / 16:29

business Blockchain Payments solana Usd Coin Shopify Shopify to accept USDC payments with Solana: Report

E-commerce giant Shopify has added Solana Pay to its pool of options for payment, allowing millions of merchants to use the platform to accept crypto transactions, kicking off with USD Coin (USDC) stablecoin payments.

23.08 / 16:11

business Blockchain China launches blockchain-powered data exchange

During the 2023 Hangzhou Summit held in Hangzhou, China, a new data exchange powered by blockchain technology was unveiled by government officials. Over 300 enterprises, including Alibaba Cloud and Huawei, participated in the exchange's debut.

23.08 / 16:11

business Blockchain Law Ethereum Telegram Scams Multichain Exploit Multichain victims search for answers in $1.5B exploit as new evidence emerges

On July 14, developers of the $1.5-billion Chinese cross-chain protocol Multichain confirmed users’ worst fears. The protocol’s CEO, identified only as “Zhaojun He,” was arrested by Chinese authorities in Kunming on May 21 after months of repeated denials on official communication channels. Also allegedly arrested was Multichain’s core team, which was operating in Shanghai.

23.08 / 11:28

business Technology ChatGPT OpenAI gets lukewarm response to customized AI offering

OpenAI has introduced the option of fine-tuning for GPT-3.5 Turbo, enabling artificial intelligence (AI) developers to enhance performance on specific tasks using dedicated data. However, developers have expressed criticism as well as excitement for the development.

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