Cointelegraph

⁠Here’s why holding $20.8K will be critical in this week’s $1B Bitcoin options expiry BTC bulls were liquidated in last week’s drop to $20,800, meaning even more downside could occur if this level fails ahead of this wee…

⁠Celsius countersues KeyFi, claims deceit and incompetence led to tens of millions in losses Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had…

⁠Iconic brands including Nike, Gucci have made $260M off NFT sales Nonfungible tokens give major brands new ways of interacting with their consumers spanning art, fashion and gaming.

⁠Celsius calls out Prime Trust in court, alleging firm didn't turn over $17M in crypto "Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining cry…

⁠Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen The Minnesota Republican highlighted the practical issues that could allegedly arise from the placement of smart contract addresses on t…

⁠China begins next phase of CBDC testing with e-CNY payment for public transport Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways.

⁠Celsius, 3AC demonstrated why financial infrastructure should move on-chain Instead of operating in darkness, more players in the financial industry should move their transactions to the blockchain, where every move is…

⁠Plaintiff in Coinbase lawsuit raises issues of account lockouts, crypto as a security A Coinbase user claimed the crypto exchange "boldly flouts federal and state laws" by not completing the proper registration as a sec…

⁠What crashed the crypto relief rally? | Find out now on The Market Report On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rall…

⁠Bitcoin price eyes $22K as US PMI data hits lowest since May 2020 BTC price bounces and the U.S. dollar falls from fresh twenty-year highs as PMI numbers reignite talk of recession.

⁠Certain regulatory clarity could be 'hugely detrimental' for crypto, says former CFPB director Some players in the industry could find U.S. regulators making a "big overreach" if agencies like the SEC listed specific cr…

⁠Tornado Cash saga highlights legal issues affecting the crypto market As support for Tornado Cash developer Alexey Pertsev mounts, questions regarding the legality of his arrest and the future of DeFi innovation continu…

⁠Bitfinex offers new chain split tokens ahead of Ethereum Merge ETHW and ETHS are the two newly introduced chain split tokens that will allow users to trade on the fork event.

⁠Malaysian regulators add Huobi to investor alert list The Securities Commission of Malaysia says Huobi is operating without official registration from local regulators.

⁠Metaverse promises: Future of Web3 or just a market gimmick? The hype around metaverse has taken a hit after recent turmoil in crypto markets, but industry leaders and stakeholders still see it as the future of Web3.

⁠Hacker tries to exploit bridge protocol, fails miserably The attempt was suppressed within 31 seconds, with the attacker losing their 5 ETH safety deposit.

⁠DBS bank reports 4X growth in Bitcoin buys on DDEx exchange in June Crypto investors bought four times more Bitcoin on DBS Bank’s DDEx in June than in April 2022 as BTC price dipped below $20,000.

⁠One-third of estimated 115M Indian crypto users concerned about regulations A KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the gove…

⁠Bitcoin addresses in loss hit 1-month high as BTC price retests $21K There are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar.

⁠Iran Impart Association demands regulatory clarity to use crypto in foreign trade Corporate lobbyists urge the government to create a proper infrastructure and avoid the emergence of business rent.

⁠Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: Arcane Bitcoin may be a significant energy consumer in 2040, but only if its price reaches several million dollars, according to new estimates by A…

⁠AMM protocol SudoRare disappears from the internet with 519 ETH SudoRare suddenly shut down its services and social media accounts after reportedly making away with 519 Ether, worth roughly $815,000.

⁠Ethereum community splits over solutions for transaction censorship Social slashing and even a user-activated soft fork have been suggested as possible responses to the threat of transaction censorship on Ethereum.

⁠Crypto trader doubles portfolio in a month betting against Jim Cramer Cramer is known for giving his investment expertise as the host of CNBC’s “Mad Money” but has developed a reputation in the crypto community for miss…

⁠Paypal adds to list of crypto heavy hitters on the TRUST network Paypal has stepped up its regulatory compliance by joining TRUST to streamline its reporting requirements relating to the digital assets “travel rule.”

⁠Telegram founder suggests 'NFT-like smart contracts' to auction usernames “Imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links for auction,” the Tele…

⁠Bitcoin won't hedge inflation until it hits 1B wallets: Scaramucci The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.

⁠Crypto security experts raking $430K salaries amid 2022's hacking spike The demand for blockchain security experts comes amid a rise in crypto hackings in 2022.