Decrypt

The agency’s decision to put a pin in its arguments about Solana’s security status has some legal experts optimistic—and others skeptical.

The price of Bitcoin and other cryptocurrencies wavered Friday after a U.S. jobs report coaxed fears of an imminent recession on Wall Street.

“While gold’s rally might not directly drive Bitcoin prices, it could create an environment more conducive to [crypto] investment,” an analyst said.

Grayscale played a pivotal role in the approval of spot Bitcoin ETFs, but has seen its fund bleed assets as Wall Street titans push ahead.

BTC ETFs: +51m, ETH ETFs: +$26m. BTC bounces at $62k amid $300m liquidations. BTC volatility hits 2 month high. SOL flips ETH monthly DEX volume. SOL rumour claims insiders own 8%. Coinbase shares rise 2% after strong earnings. Marathon Digital falls 8% after revenue miss. Bybit exits France over regulation. Crypto(.)com surpasses Coinbase volume. Do … Read more

A couple got refunded $10 million rather than $100 and started spending. Years later, they face time in prison for their actions.

The decentralized exchange attempted to launch a meme token using Twitter tool makenow.meme, but things “didn’t exactly go as expected.”

The August 1 ruling marks the conclusion of a protracted legal saga involving multiple appeals and judicial reversals on Kwon’s extradition.

From August 13, French users will be unable to transact on the exchange other than to withdraw funds, Bybit announced Thursday.

Monetary policy, regulatory shifts, and infrastructure developments will continue to drive growth in crypto, Gemini said Thursday.

This year’s halving, coupled with increased global hash rates and equipment failures, greatly affected Marathon Digital’s output, it said.

Flux is an advanced, open-source text-to-image model with 12 billion parameters. We compare it to three top contenders, and one comes out on top.

In a new policy update, Google will demote and filter search results for websites with illicit AI-generated images.

Despite a quarterly net loss of $102.6 million, MicroStrategy continues to focus on its Bitcoin strategy, and now holds more than $14 billion in BTC.

Coinbase quarterly transaction revenue was $781 million, down 27% from the first three months of 2024.

Monthly dividends continue to climb, as the tokenized fund has paid out more than $7 million since launch.

Bitcoin is now trading below $63,000 per coin as U.S. politics and geopolitical unrest bring downward pressure.

Coinbase stock is down today along with Bitcoin and other digital currencies.

The presumptive Democratic nominee has a 45% chance of securing the White House, according to the crypto prediction market.

BTC ETFs: +0m, ETH ETFs: -$77m. Crypto falls after Fed, Trump speech & Iran threats. Mt. Gox still has $2.1bn BTC after distributions. Lummis introduces bill to buy 1m BTC. Large BTC holders bought $5.4bn in July. Tether makes $1.3bn profit in Q2. DeFi loans hit 2022 levels. Base sees 80% of active Uniswap traders. … Read more

Melbourne, Australia, 1st August 2024, GamingWire

Decentralized exchange Raydium launched a meme coin called CTO using a new crypto launchpad, but things didn’t go according to plan.

The sneakers are being sold through a licensing deal with “CIC Ventures LLC.”

So far in 2024, DEX volume has seen a slow and steady increase. It went from $133.5 billion in January to $179.5 billion this month, showing an increase of roughly 34%.

Solana has fallen more than any of the top 10 cryptocurrencies, bringing its meme coins with it. One of the newly launched Neiro coins has lost 44%.

“We need to see this innovation happening here,” said Sen. Bill Hagerty (R-TN), accusing the Biden administration of driving crypto offshore.

“Crypto experienced a broad sell-off overnight and into this morning,” wrote Singapore-based QCP Capital in a trading note.

Over a month after teasing a fresh start, Notcoin has launched a new Telegram-based game with a ‘WOOF’ token.

“AI’s integration with blockchain technology, especially on platforms like Aptos, is set to revolutionize the industry,” said an OKX Ventures exec.

Pyxtrial includes features that allow supervisors to pull data directly from issuers’ systems to verify on-chain liabilities for stablecoins.