Algorand Foundation Reveals $35 Million Exposure To Crypto Lender Hodlnaut
The $35 million exposure to Hodlnaut was invested for the purpose of yield generation, the Algorand Foundation stated.
Solana Blockchain Usage To Mint NFTs Surge To A New High
The number of NFT mints on the Solana blockchain has attained a new all-time high despite the market being bearish.
Crypto On Sep. 9: Bitcoin Nears $20,000, Ether Retains $1,600
The crypto market has turned bullish as Bitcoin and Ether eye resistances at $20,000 and $1,700 price levels respectively.
Florida Man Faces Up To 5 Years In Prison For Involvement In Crypto Ponzi Scheme
It hasn't been long since the SEC charged the founders of the firm the man is affiliated with.
Chainalysis Helps US Government Seize $30 Million Tied To Axie Infinity Hack
North Korea-based hackers stole almost $624 million from Axie earlier this year.
SEC Chair Backs Giving CFTC Authority To Regulate Bitcoin
The head of SEC, Gary Gensler, said that he supports the CFTC having more regulatory oversight over non-security cryptocurrencies.
Ex-Meta Execs Successfully Raise $300 Million To Boost Sui Blockchain
The firm responsible for the development of Layer 1 blockchain Sui has raised $300 million from big names in the crypto industry.
SEC To Open New Office To Scrutinize Crypto Disclosures
The Securities and Exchange Commission's division of corporate finance is set to form a new office for crypto disclosures, according to a new report.
Crypto On Sept. 8: Bitcoin Back Above $19,000, Ether Nears $1,700
In the last 24 hours, BTC and ETH surged by 2.67% and 8.05%, respectively.
Algorand Undergoes Major Upgrade To Boost Transactions Per Second
The upgrade is already live on the mainnet and features State Proofs, according to a statement.
Vermont Financial Watchdog Alleges Celsius Made 'Misleading Claims'
The Vermont Department of Financial Regulation (DFR) claimed that Celsius had been operating its businesses while breaking the state security laws and requested an investigation from a neutral party.
Blockchain Australia Names Former BlackRock Executive As Its New CEO
Blockchain Australia said Laura Mercurio's appointment could not have come at a better time.
NBA Expands Into Web3, Teams Up With NFT Platform Sorare For Fantasy Basketball Game
According to a statement, Sorare will debut its first "first officially licensed, free-to-play digital collectible-based fantasy basketball game" this fall for the NBA 2022-23 season.
FTX And GameStop Partnership To Focus On Crypto Adoption
Sam Bankman-Fried's crypto exchange FTX US and GameStop have signed a deal that aims to bridge the gap between the crypto and gaming industries.
Crypto On Sept. 7: Bitcoin Slips Below $19,000, Ether Drops More Than 8%
The crypto market cashed as Bitcoin lost the $19,000 price level while Ether dropped to $1,500.
Circle CEO On Binance's Auto Conversion Of USDC To BUSD: 'Good For Liquidity'
Circle CEO Jeremy Allaire believes that Binance's decision of converting USDC to BUSD will lead to more USDC flowing into the exchange.
US-Based Crypto Miner Core Scientific Sold 1,100 BTC In August
Crypto mining company Core Scientific has sold close to 1,100 Bitcoins in August for a total of $26 million.
MakerDAO's Revenue Could Increase By $24M Following A Proposal From Coinbase
Crypto exchange Coinbase published a proposal to transfer 33% of Maker's $1.6 billion Peg Stability Module (PSM).
David Bowie NFT Collection To Be Released Next Week, But Twitter Is Not Happy
People are not happy with the announcement, with some calling NFTs a "fad."
KPMG Believes Crypto Is Maturing Despite Global Crackdown And Bearish Market
The firm also said that investor sentiment remains strong as the average investment for mid-2022 is higher when compared to the average investment in mid-2021.
Binance Drops Support For Major Stablecoins To Improve BUSD Liquidity
Leading crypto exchange Binance has dropped the support for USDC, USDP and TUSD stablecoins in an attempt to improve the liquidity of BUSD.
Crypto On Sept. 6: Bitcoin Remains Bearish While Ether Turns Green
The crypto market turned bullish for Ethereum-associated tokens while Bitcoin turned a tad bearish.
Ethereum Domain Names' Trading Volume Unaffected Amid Bearish Market
Ethereum Domain names NFTs have become the most traded digital asset on OpenSea.
Former Brazilian Central Bank President, Economy Minister Joins Binance As Advisor
Henrique Meirelles, who served as the president of the Central Bank of Brazil from 2003 to 2011 and the economy minister from 2016 to 2018, is now a part of the new global advisory board of Binance.
Bitcoiner Warns Users Involved In P2P Transfers
Mark Alexander Hopkins, also known as Doctor Bitcoin or Rizzn on Twitter, said he is facing 6 to 15 months at a federal correctional institution in Texas for engaging in crypto OTC trades.
Netflix Might Possibly Ban Advertisements Related To Crypto: Report
It remains unclear whether the ban will only be implemented in Australia or on a global scale.
Crypto On Sept. 5: Bitcoin Below $20,000; Ether Fails To Break $1,600 Level
The crypto market on September 5 comes on a bullish note although Bitcoin remains below $20,000.
Analyst Places Bullish Bet On Polkadot, Ethereum And These Altcoins
Crypto analyst Michaël van de Poppe revealed that he has his eyes set on a few tokens including Ethereum (ETH) and Polkadot (DOT).
LG Collabs With Hedera Blockchain To Launch NFT Marketplace On Its Smart TVs
The new NFT marketplace will allow LG television owners to buy, sell and showcase NFTs on their screens.
Thai SEC Gets Stricter On Crypto Promotion
Thai SEC has asked crypto firms to abide by a new set of rules while promoting crypto investment.
