Cointelegraph

⁠Bitcoin continues consolidation: Are we still in a bull market? | Tune in now to The Market Report w/ Ran Neuner “The Market Report” with Cointelegraph is live right now with special guest Ran Neuner, co-founder and CEO…

⁠Ethereum transaction energy use equals to 2.5 miles in a Tesla Model 3, report One Ethereum transaction uses enough energy to power a house all day, but how much does the fiat financial system use?

⁠Polygon to invest up to 250M MATIC into zero-knowledge tech If fully vested, it would be a $627.5 million investment into zero-knowledge technology at today’s MATIC price.

⁠US lawmaker purchases exposure to Bitcoin through Grayscale shares Congressperson Marie Newman bought between $15,001 and $50,000 of GBTC in addition to up to $215,000 in Coinbase Global's COIN shares.

⁠Terra becomes top-10 crypto: Classic 'bull pennant' setup paint $100 LUNA price target Chiron's $50-million fundraiser to back Terra-backed projects has boosted traders' appetite for LUNA.

⁠Inflation benchmark Frax Price Index to launch on Partisia blockchain By using crowdsourced price oracles, the developers behind Frax and Partisia hope to accomplish a more complete picture of the current inflation envi…

⁠Tribal Credit taps Bitso and Stellar to enable cross-border B2B payments The partnership between Tribal Credit, Bitso and Stellar Development Foundation will rely on crypto to streamline B2B transactions in Latin Americ…

⁠Bitcoin could hit $100K, gold $2K in 2022 thanks to 'deflationary forces' — Bloomberg analyst An about turn and fresh turmoil for macro would play to Bitcoin's strengths, argues Mike McGlone.

⁠UK politicians say cryptocurrency is ‘not an investment’ The head of the FCA said the agency is expecting new powers for regulating crypto advertisements.

⁠WhatsApp starts testing currency payments with Meta’s Novi wallet Some U.S. activists previously asked the DOJ to stop Meta from offering its digital currency wallet Novi on its platforms.

⁠Kazakhstan to decide whether to launch CBDC by late 2022 One of the world’s biggest Bitcoin mining countries is still thinking about whether it needs a central bank digital currency.

⁠Coinbase users launch online refund campaign following GYEN troubles Many Coinbase customers are understandably frustrated after the company decided to freeze their accounts for weeks.

⁠Mnemonic raises $4 million to launch B2B API platform focused on NFT's The co-founders have previous experience working as senior executives and lead data engineers at global corporations such as Google, Uber, Reddit an…

⁠Indian trade group recommends ‘special class security’ status for crypto The Confederation of Indian Industries has proposed new regulations around the nascent crypto market.

⁠Bitcoin dips below $50K as Evergrande defaults on US dollar debt Fresh panic over Evergrande appears to have a limited impact on cryptocurrency markets.

⁠Indian CoinDCX crypto exchange to go global in 2022, says exec After announcing Cosmex in February 2021, CoinDCX is now testing its global product to launch in 2022.

⁠Bitcoin hash rate returns to all-time high levels After the global hash rate of Bitcoin dropped to as low as 84 EH/s in June, the network has since recovered to sit at around 175 EH/s this week.

⁠Puerto Rico wants to combat corruption with blockchain technology A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week.

⁠Coinbase announces support for hardware wallets, starting with Ledger The partnership will take into effect during the first quarter of 2022, with the Coinbase mobile app planning to also support Ledger down the track.

⁠Wallet provider Ledger launches crypto debit card The new crypto debit card supports several leading digital assets, including Bitcoin, Ether, XRP, Litecoin and USD Coin.

⁠Eastern Caribbean CBDC expands to another two territories Two more Eastern Caribbean nations have begun using the DCash system, which allows payments and transfers of the digital EC dollar CBDC.

⁠Big jump in investors who favor crypto over stocks: Survey The amount of respondents who said they would be more likely to invest their money in crypto than traditional stocks increased 140% in just five months.

⁠OpenSea walks back on IPO plan following community backlash OpenSea’s new CFO Brian Roberts faced a firestorm of complaints from the NFT community based on what he said was "inaccurately reported" comments.

⁠Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits Following Treasurer Josh Frydenberg’s “payments and crypto reform plan,” the RBA has published a report exploring DLT tech and wholesale CBD…

⁠Animoca Brands' treasury increased in value by 5X over two months The firm has enjoyed tremendous success from its early plays on NFT game platforms and metaverses that provide digital equity to its users.

⁠Reddit launches waitlist for site-wide expansion of ‘Community Points’ Reddit has launched a new website allowing mods and users to sign their subreddits up for the new ‘Community Points’ token rewards program.

⁠Kickstarter plans to migrate to platform built on Celo blockchain “We are entering a significant moment for alternative governance models, and we think there's an important opportunity to advance these efforts using the…

⁠Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh He clarified that it's mostly fiat money stablecoins that bear the brunt of this regulatory scrutiny.