Cointelegraph

⁠Korean financial watchdog to block tens of unregistered exchange websites Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities…

⁠Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong With a ban on Tornado Cash, many DeFi proponents were worried that crypto exchanges, which are also key validators of Ethereum, w…

⁠Chinese mining giant Canaan doubles profits despite the blanket crypto ban The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.

⁠Bitcoin price heads above $23.5K after highest EU inflation in history Inflation surprises keep coming, while the European central bank refuses to rule out even higher numbers in future.

⁠Ukraine has shown the value cryptocurrency offers to real people Ukrainian refugees have used cryptocurrency to survive. And contrary to what critics believe, sanctions have prevented Russia from finding much use for cr…

⁠Tether reserve attestations to be conducted by major European accounting firm BDO Italia, a member of the BDO Global accounting organization, will begin producing monthly attestations of Tether’s USDT backing.

⁠Celer Network shuts down bridge over potential DNS hijacking The platform asked users to revoke token approvals for smart contracts in several blockchains, including Ethereum and BSC.

⁠Ripple CTO lashes back at Vitalik Buterin for his dig on XRP David Schwartz compared crypto miners in the Ethereum and Bitcoin ecosystem akin to shareholders of eBay, which he believes makes the entity secure.

⁠Law enforcement should give up trying to access everyone's data, says legal expert Ahmed Ghappour explained that sanctioning ideas can lead to criminalizing harmless associations with no ties to other criminal conduct.

⁠3 cloud providers accounting for over two-thirds of Ethereum nodes: Data The data suggests that DeFi apps running on mostly centralized cloud providers may make Ethereum vulnerable.

⁠Aussies buy fuel and chips with crypto across 175 fuel outlets Commenting on the roll out, Crypto.com’s Asia & Pacific General Manager Karl Mohan tipped the adoption of an AUD-backed stablecoin as being the catalyst to…

⁠Crypto ad spending may be down, but awareness remains critical: Experts Though crypto television ad spending is down, crypto firms continue to see ad spending as important to keep their brands relevant during a down mar…

⁠Aussie asset manager to offer crypto ETF using unique license variation The CEO of Monochrome Asset Management says their license approval represents a significant step forward for both the advice industry and retail in…

⁠Aid for Ukraine's $54M crypto fund buys vests, scopes, and UAVs The crypto donations have played a “significant role in Ukraine’s defense,” a Ukrainian government official wrote.

⁠CBDCs only solution to 'smooth continuation' of the monetary system: ECB The European Central Bank working paper sought to identify issues and consensus regarding CBDCs, as well as to identify gaps in the research — suc…

⁠Ontario crypto exchanges impose $30K annual limit on altcoin buys The new buy limits are intended to better “protect crypto investors” and make them “more aware of the risks” associated with crypto assets, according to…

⁠AFL’s first limited-edition NFT drop sells out in under 12 hours The limited edition digital packs came at a retail price of 34.39 USDC each, raising over $130,000 after it sold out in the first drop.

⁠Korean police seize crypto for unpaid traffic fines in trial Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations.

⁠Solana wallet fires up the grill to burn spam NFTs out of existence The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers.

⁠Senator asks FDIC about allegations it discourages bank relations with crypto companies Sen. Pat Toomey says he has information from whistleblowers that the FDIC without a legal basis is discouraging banks from dealing…

⁠'There's a lot less land to go around' — why White Rock established off-the-grid mining in Texas “The U.S. is where the action is in terms of markets, so we plan to be in at least another couple of states as well as Tex…

⁠European Central Bank addresses guidance on licensing of digital assets Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing o…

⁠Fed adds a new layer of bureaucracy for US banks engaging in crypto asset activities The U.S. Federal Reserve Board has issued new instructions for banks engaging in crypto asset activities that include running their pl…

⁠Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months "For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émon…

⁠Celebrities called out for shilling NFTs: Nifty Newsletter, Aug 10–16 A Polygon executive highlighted that NFT games have an advantage over traditional "money in, no money out" gaming business models.

⁠Economic design changes will affect ETH's value post-Merge, says ConsenSys exec Lex Sokolin said that post-Merge, DeFi projects will have to compete with the returns offered by the core ETH protocol.

⁠Tornado Cash sanctions will ultimately undermine the US and strengthen crypto Like any aging empire, America is reacting to its competition.

⁠Study: Insider trading occurs in 10% to 25% of cryptocurrency listings The study found abnormal levels of return in a sample of tokens just before their listing announcement on Coinbase.

⁠Another crypto CEO steps down as Genesis Trading restructures leadership Ignite CEO Peng Zhong, MicroStrategy CEO Michael Saylor, and now Genesis Trading CEO Michael Moro — top executives have departed crypto firms or s…

⁠Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees The Merge will still reduce the network's energy consumption by an estimated 99.5%.