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The Latest Breaking News from Crypto

A farewell for now—and some thoughts on the state of crypto

Two years of writing a daily newsletter about crypto has been exhilarating—and also exhausting.

Fortune

Crypto Industry Lost Over $920M To Hacks And Frauds So Far In 2024: Immunefi

The crypto industry remains vulnerable to fraud and exploits, a new blockchain security report revealed as the sector lost more than $920 million to exploiters so far this year – a larger chunk from the second quarter.

International Business Times

$SOL Surges After VanEck Files To Issue US' First Solana ETF

SOL surged Thursday after VanEck became the first company to file for a spot Solana ETF, and some analysts have already projected the fund's potential launch sometime next year.

International Business Times

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RFK-Themed $BOBBY Survives PolitiFi Memecoins' Plunge After Crypto Goes Unmentioned At US Presidential Debate

The first U.S. presidential debate Thursday night appears to have affected most leading political memecoins, but interestingly, the RFK Jr.-themed $BOBBY coin surged instead of plunged with the others.

International Business Times

Coinbase Sues SEC For 'Prosecuting' Crypto Firms, Seeking To 'Destroy' Industry

Coinbase sued the SEC and FDIC on Thursday, accusing the U.S. financial regulators of seeking to destroy the digital assets industry and purposefully working to de-bank crypto firms.

International Business Times

Telegram CEO's arrest puts spotlight on an app rife with guns, drugs and everything illegal

Here are some screenshots of some of the more outrageous listings that show pictures of heroin and stolen credit cards.

Fortune

US Government-Linked Wallet Moves $241M Bitcoin Seized From Narcotics Trafficker To Coinbase

Around $241 million worth of Bitcoin seized from Banmeet Singh has been moved to a Coinbase Prime hot wallet by a digital wallet linked to the U.S. government, and questions are up about the motivation behind the transfer.

International Business Times

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PolitiFi Memecoins Can Be 'Litmus Test' For 2024 Presidential Candidates: Expert

Political finance (PolitiFi), an emerging trend in the broader crypto sector, is taking the memecoin realm by storm, and just a few months before the November elections, PolitiFi memecoins can play a role in the campaigns of the three presidential frontrunners.

International Business Times

US Ups Reward For Information On Missing 'Cryptoqueen' To $5 Million

The U.S. has increased its reward offering to anyone who can provide information that could lead to the arrest or conviction of "Cryptoqueen," who was reported to have been killed in 2018, but the FBI said she could have gone under the knife.

International Business Times

Single Supporter Covers Almost Entire Cost Of Julian Assange's Home Flight With Bitcoin Donation

An anonymous Bitcoin donor whom some in the community have tagged as possibly Jack Dorsey, donated approximately 8 Bitcoin worth nearly $500,000 to Julian Assange's chartered flight costs, covering nearly the entire debt.

International Business Times

'Bitcoin Country' El Salvador's Students Now Learning About Mining ASICs

El Salvador continues to educate its people about Bitcoin, and students are now on a higher level of learning as they are being taught about ASICs – critical components of the crypto mining industry.

International Business Times

Florida man convicted for role in stealing hundreds of millions in crypto through home invasions

A man has been convicted of orchestrating multiple crypto heists—but not in the way you might expect.

Fortune

Ethereum ETFs are coming. Can they revive tepid crypto markets?

SEC Chair Gary Gensler said on Tuesday that the approval process is "going smoothly."

Fortune

Bitcoiners Divided Over 'Sketchy' New Bill Seeking To Allow BTC Payments For Federal Taxes

A new bill seeks to allow American taxpayers to pay their income taxes using Bitcoin, and while many believe it is one step in the right direction, others doubt the "sketchy" approach of paying the government using their digital assets.

International Business Times

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Fortune

As presidential campaigns court the votes of 50 million crypto investors, it’s time to reintroduce America to blockchains’ real benefits

This election year, crypto is in the spotlight—and both major presidential campaigns are paying attention.

International Business Times

Mysterious Bitcoin Whale 'Mr. 100' Returns After Month-Long Hiatus To Buy The Dip

Mr. 100, the mystery Bitcoin whale who snapped up at least 100 BTC on a near-daily basis earlier this year, has returned to amass more of the asset as it struggles to hold at $60,000.

International Business Times

Rock Band Metallica's X Account Hacked To Promote Scam $METAL Token

Following this year's high-profile exploit of the MicroStrategy X account, popular heavy metal band Metallica's handle was compromised by hackers who promoted a fake token that is said to have resulted in losses to crypto users who bought the scam coin.

International Business Times

VanEck Sets High Bar For Spot Ethereum ETF Launch, To Initially Waive Fee

VanEck is setting a high bar for the spot Ethereum ETF circle as it revealed in a new filing that it will initially waive management fees when its ETF launches, providing an attractive offering to investors seeking profits from the much-awaited ETFs.

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Fortune

Ethereum ETF update: CFTC chair Gary Gensler says application is ‘going smoothly’

Gary Gensler said his team's review of a controversial Ethereum ETF application was going smoothy, despite early indications the SEC viewed Ethereum as a security.

Fortune

Crypto markets give Trump a 59% chance of winning. Signal or noise?

Betting site Polymarket has the former President as a strong favorite, but there are reasons to be cautious.

International Business Times

Trump Reportedly In Talks To Speak At Largest Bitcoin Event This Year

Donald Trump, a former Bitcoin critic, is reportedly in talks to become a speaker at Bitcoin 2024 next month, and if he does get into the speakers list, he will join BTC advocate and another presidential contender, Robert Kennedy Jr.

International Business Times

POTUS' Former Crypto Advisor Returns To White House Ahead Of 2024 Elections

Carole House, who helped draw up U.S. President Joe Biden's 2022 executive order on digital assets and is known for her more balanced views toward the crypto sector, has returned to the National Security Council as a cybersecurity advisor.

International Business Times

'More Sensitive To Fear Than Gold': Community Reacts To Bitcoin's Nosedive To $59K

Bitcoin has fallen from its glorious days in March when it hit an all-time high above $73,000, and the negative sentiment continues to grow by the day as some crypto users are now picking on the digital asset's weak points.

Latin Times

Coinbase launches campaign aimed at Latino voters, promotes crypto as best option for remittances

The initiative is part of the crypto industry's effort to get supportive politicians in power

International Business Times

Donald Trump-Linked Wallet Now Down To $9M Following $DJT Memecoin Controversy

The digital wallet linked to Donald Trump has lost more of its crypto holdings' value in recent days following controversy over a supposed "official" token that the ex-president's son was rumored to have worked on.

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