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The latest crypto headlines, updated continuously. · Page 82

Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
cryptoabout 2 months ago

Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot

Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through year-end.

CoinDesk

SEC to review Nasdaq bitcoin options approval after CME challenge
cryptoabout 2 months ago

SEC to review Nasdaq bitcoin options approval after CME challenge

CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC's authority.

CoinDesk

Crypto PAC pours another $1M into Michigan House race
cryptoabout 2 months ago

Crypto PAC pours another $1M into Michigan House race

Michigan incumbent Shri Thanedar’s re-election bid against other Democratic candidates is getting more about crypto with an infusion of ads funded by an industry-aligned PAC.

Cointelegraph

Everyone has the perps convergence backwards
cryptoabout 2 months ago

Everyone has the perps convergence backwards

Crypto is said to be growing up to look like Wall Street. The evidence in its biggest market points the other way, argues Bitget CEO Gracy Chen.

CoinDesk

Solana Foundation's new CISO warns AI is making crypto scams more convincing
cryptoabout 2 months ago

Solana Foundation's new CISO warns AI is making crypto scams more convincing

Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.

CoinDesk

Russia expands crypto mining ban to Moscow through 2032
cryptoabout 2 months ago

Russia expands crypto mining ban to Moscow through 2032

Russia has added Moscow, the Moscow Region and parts of Kursk Region to its cryptocurrency mining ban list, citing power supply concerns behind the restrictions.

Cointelegraph

Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis
cryptoabout 2 months ago

Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis

Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.

Cointelegraph

Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit
cryptoabout 2 months ago

Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit

Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure.

CoinDesk

Bitcoin ETFs end July in the green despite late-month selling
cryptoabout 2 months ago

Bitcoin ETFs end July in the green despite late-month selling

Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June.

Cointelegraph

XRP Ledger upgrade brings back features once pulled over critical bugs
cryptoabout 2 months ago

XRP Ledger upgrade brings back features once pulled over critical bugs

The xrpld 3.3.0 release is expected next week with five proposed amendments, including two revised features that were previously withdrawn after researchers found bugs that could have allowed unauthorized transactions or fee draining.

CoinDesk

How bitcoin cold wallets lost $70 million in an attack that never touched the devices
cryptoabout 2 months ago

How bitcoin cold wallets lost $70 million in an attack that never touched the devices

Galaxy Research said weak seed generation let an attacker recreate likely private keys offline, sweep more than 1,000 BTC from nearly 1,200 wallets and continue searching without ever accessing the devices.

CoinDesk

Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say
cryptoabout 2 months ago

Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say

The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom.

CoinDesk

Bank of Italy finds no consistent cost advantage for stablecoin remittances
cryptoabout 2 months ago

Bank of Italy finds no consistent cost advantage for stablecoin remittances

Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times.

Cointelegraph

Pump.fun laid off workers before they received millions in PUMP tokens: Report
cryptoabout 2 months ago

Pump.fun laid off workers before they received millions in PUMP tokens: Report

Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly.

Cointelegraph

Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
cryptoabout 2 months ago

Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half

The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter.

CoinDesk

The good and the bad of perps, according to crypto traders
cryptoabout 2 months ago

The good and the bad of perps, according to crypto traders

Both retail and institutional traders worry about the funding rate.

CoinDesk

Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs
cryptoabout 2 months ago

Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs

A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions about security and whether managing private keys has become too risky for everyday investors.

CoinDesk

Ex-FTX users report funds being released in $900M distribution round
cryptoabout 2 months ago

Ex-FTX users report funds being released in $900M distribution round

Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses.

Cointelegraph