Cointelegraph

⁠President of Paraguay vetoes crypto regulation law The bill was approved by the nation's Senate in July as low-energy costs continue to boost mining activities in the country.

⁠UBS raises US recession odds to 60%, but what does this mean for crypto prices? Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test for cryptocurrencies.

⁠Crypto 'cannot be partisan' says US lawmaker who scored negative on bipartisanship index: Report "This is literally about looking at America and opportunities for Americans," according to Minnesota Representative Tom Em…

⁠3 reasons why Ethereum POW hardfork tokens won’t gain traction A lack of oracle support, DApps being majority supportive of the merge and the fact that Ethereum Classic has minimal developer activity suggests that POW h…

⁠Amid crypto winter, Nexo commits additional $50M to buyback program The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market.

⁠New free-to-own GameFi model is "high-risk" according to CZ The blockchain gaming firm in question raised over $200 million on Monday to further its NFT operations.

⁠Bitcoin could become a zero-emission network: Report Bitcoin mining with flared gas and animal waste gases could help the world's largest cryptocurrency on a path to becoming a zero-emission money.

⁠Tether responds to Wall Street Journal ‘disinformation’ To attack Tether’s reserves [...] further highlights an agenda by the publication to single out Tether and hurt its reputation,” the USDT issuer said.

⁠Crypto.com accidentally transfered $10.5M to client instead of $100 refund Court documents allege that the recipient used a portion of the funds to purchase a luxury mansion upon receipt.

⁠Thai SEC alleges Bitkub CTO committed insider trading “The act of Mr. Wajanasathian is an offense of buying KUB coins by being a person who knows or possesses inside information,” said Thailand's financial regulator.

⁠Bitcoin erases latest gains with BTC price back below $20K as dollar spikes Bitcoin drops with U.S. stocks as the dollar finds momentum for an attack on earlier twenty-year highs.

⁠Crypto market turmoil highlights risks of leverage in trading Leverage is widely used in the crypto industry. While leverage has the potential to increase returns, it also amplifies downside risks.

⁠Crypto developers should work with the SEC to find common ground Developers, investors and regulators can establish best practices and raise the quality of cryptocurrency development by working together.

⁠Flare Network and Lena Instruments launch new crowdfunding mechanism The mechanism allows investors to allocate a portion of the rewards they earned into funding startups.

⁠‘We need to learn what regulation works and what holds us back’ — hedge fund exec Jaime Baeza said that the fast-paced environment and regulatory uncertainty are some of the challenges institutions face in Web3.

⁠Russian PM takes cue from Iran’s crypto payment permit for imports The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia's prime minister said.

⁠Organizations bring Africa, Costa Rica and Ukraine to the Metaverse to raise awareness Web3 users will soon be able to experience Africa, Costa Rica and Ukraine in the Metaverse, as organizations recreate virtual enviro…

⁠DEX accidentally hits ‘kill-switch’ on mainnet, locking 660,000 USDC inside The deployment of a program upgrade went terribly wrong as a fateful “Solana program close” command stopped OptiFi's platform indefinitely.

⁠Indonesian e-commerce giant buys local crypto exchange for $8 million By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal to become "a diverse money management hub."

⁠Singapore state investor leads $100M round for crypto firm Animoca: Report Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022.

⁠Wanted Turkish crypto exchange founder detained in Albania Albanian authorities have Faruk Fatih Özer in custody, waiting for questioning and cooperation with the Turkish government.

⁠Aave community proposes to temporarily suspend ETH lending before the Merge The governance vote to approve the pause will commence on Aug. 30, 2022, and end on Sept. 2, 2022.

⁠Fireblocks launches Web3 Engine support on Solana The blockchain unicorn created Web3 Engine as a developer tool set targeting DeFi, GameFi and NFT products and services.

⁠BTC price top warnings emerge as 10K BTC leaves wallet after 9 years Coins which last moved in the "lawless era" are liquid again, and on-chain data shows such events mark macro BTC price tops.

⁠Hodlnaut now placed under creditor protection after freezing withdrawals Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions.