Cointelegraph

⁠United Texas CEO wants to 'limit the issuance of US dollar-backed stablecoins to banks' Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the…

⁠FTX blocks Aztec Network privacy DApp, calling it a ‘high risk’ mixer Some users took to Twitter to bemoan what some are calling a continuing attack on privacy in the wake of the U.S. Treasury Dept.’s action against Tor…

⁠FTX US among 5 companies to receive cease and desist letters from FDIC The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance.

⁠Crypto Unicorns founder says P2E gaming is in a long ‘maturation phase’ Crypto Unicorns founder Aron Beireschmitt chats with NFT Steez about the key components blockchain-games need to build sustainable in-game play-and…

⁠Celsius Network coin report shows a balance gap of $2.85 billion: Finance Redefined Majority of the DeFi tokens traded in red with several registering double digit losses over the past week.

📰In Case You Missed It 📰 Wife of arrested Tornado Cash dev is forbidden to speak with him. What went wrong with HUSD? Huobi explained the reason for the depeg. Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liqu…

⁠Price analysis 8/19: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX Bitcoin and altcoins sold-off sharply on Friday, leading technical traders to forecast a possible drop to new yearly lows.

⁠Crypto Biz: Crypto VC is back with a vengeance Venture capital firms continue to pour billions into the crypto economy; this week saw the launch of two funds worth a combined $500 million.

Cartoons of apes and plots of virtual land selling for millions of dollars. So what exactly are NFTs, and why did they become a social phenomenon? Full video out now:

⁠What is an NFT and why are they so popular? Nonfungible tokens continue to captivate mainstream audiences around the world as Web3 technology grows at a rapid pace.

⁠Ethereum Merge prompts miners and mining pools to make a choice The Ethereum Merge to PoS is slated for the third week of September, eliminating PoW mining. Experts weigh in on how mining pools and miners would be impac…

⁠Merkle trees vs. Verkle trees, Explained Merkle and Verkle trees are employed in cryptocurrencies to more effectively and securely encrypt blockchain data. But how exactly do they do that and which one is right for you?

⁠Huobi explains what went wrong with HUSD after stablecoin is back on track The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations.

⁠Biden is hiring 87,000 new IRS agents — and they're coming for you The Internal Revenue Service is hiring a fleet of new agents. And they’re probably coming for you — regardless of your income level.

⁠SBI lost 40% of hash rate after stopping mining in Russia: Data After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country.

⁠NFTs democratize music industry and redistribute song rights EDM artist R3HAB and music community anotherblock are using NFTs to share song royalties with everyone involved in the process of launching a song -including…

⁠MTV introduces the 'Best Metaverse Performance' award category Six metaverse musical acts are up for nomination, including Ariana Grande, Justin Bieber and the K-Pop group BTS.

⁠The Philippines pushes back against foreign exchanges, continuing a protectionist streak The Central Bank of the Philippines warns the public against using non-local crypto trading platforms.

⁠Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity.

⁠Weak address growth points to Bitcoin price failing to sustain $25K Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance.

⁠Can exchanges create imaginary Bitcoin to dump price? Crypto platform exec answers Serhii Zhdanov called for broader regulation in offshore crypto exchanges that do not go through financial audits.

⁠Crypto market bloodbath leads to over $500M in liquidations in 24 hours Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Frid…

⁠Hodlnaut cuts 80% of staff, applies for Singapore judicial management Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management.

⁠Bitcoin 'very bearish' below $22.5K says trader as BTC price dives 6% Sudden bearish sentiment takes hold as BTC price action returns to an area not seen since late July.

⁠Aussie exchange Swyftx cuts staff by 21% amid bear market Australian crypto exchange Swyftx highlighted inflation, a recession, and the bear market as the reasons behind the unfortunate lay-offs.

⁠MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds Phat Loop Studios, the company behind the "Pokemon-like" game Untamed Isles has blamed the crypto market crash as a reason its investors b…

⁠US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’ The Trustee overseeing Celsius’ bankruptcy case has requested an examiner to help shed the light on a number of complex issues.

⁠Ripple partners with Travelex to launch enterprise crypto payment service in Brazil The rollout of Ripple’s fast and cheap On-Demand Liquidity payment service means that enterprises will no longer have to wait three to…