Cointelegraph

⁠Top 5 cryptocurrencies to watch this week: BTC, ADA, UNI, LINK, CHZ Bitcoin price is targeting $25,000 and holding this level could trigger breakouts in ADA, UNI, LINK and CHZ.

⁠AML and KYC: A catalyst for mainstream crypto adoption One of the quickest ways to ensure crypto’s mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC an…

⁠Velodrome recovers $350K stolen funds from team member Gabagool While many community members came in support of the prominent coder, Gabagool owned up to the allegations made against him following Velodrome’s investigat…

⁠BlueBenx fires employees, halts funds withdrawal citing $32M hack BlueBenx’s lawyer, Assuramaya Kuthumi, revealed that the attack resulted in the loss of $32 million, which many investors found hard to believe.

Another one bites the dust! Hodlnaut suspended withdrawals, Coinbase announced a $1.1 billion loss, and more in The Crypto Minute with Girl Gone Crypto

⁠Countries where Bitcoin (BTC) is legal Looking to travel the world with your Bitcoin? These are the countries where you’ll get the most bang for your BTC.

⁠Metaverse still not ready for virtual weddings and legal proceedings Since the legislative framework surrounding the Metaverse is quite gray, experts still don’t see the technology being used to settle legal issues.

⁠Celsius Network is bankrupt, so why is CEL price is up 4,000% in two months? Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside?

⁠The Merge: Top 5 misconceptions about the anticipated Ethereum upgrade Clear the fog around the most significant upgrade in the history of Ethereum, The Merge. Here are five misconceptions that stand out among the rest.

⁠Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022 Since July 2022, the Bitcoin ecosystem recovered across numerous determinants, including miners’ revenue in dollars, network difficulty and hash rat…

⁠Talking with Eva Kaili, VP of the European Parliament, on MiCA regulation The vice president of the European Parliament shares her perspective on the European Union’s Markets in Crypto-Assets legislation and how it woul…

⁠Indian authorities freeze more crypto funds over money laundering allegations The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for crimina…

⁠Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined Majority of the DeFi tokens in the top-100 traded in green along with rest of the market in the wake of new CPI data rele…

⁠Crypto Biz: A Futurist take on crypto The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda.

⁠Uzbekistan blocks access to foreign crypto exchanges over unregistered trading The national regulator urges the industry players to comply with the local legislation.

⁠Tornado Cash DAO goes down without explanation following vote on treasury funds Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer fol…

⁠Crypto markets bounced and sentiment improved, but retail has yet to FOMO The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready t…

⁠Mailchimp bans crypto content creators without prior notice The email marketing service provider temporarily suspended crypto-related accounts due to alleged terms of service violations.

⁠Fallout from crypto contagion subsides but no market reversal just yet With some areas of the blockchain space showing signs of a potential bottom, July showed that the market remains in a cautionary state.

⁠Russia plans to roll out digital ruble across all banks in 2024 Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024.

⁠FTX partners with Paradigm for 'one-click' futures spread trading The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies.

⁠Built to fall? As the CBDC sun rises, stablecoins may catch a shadow Will central banks allow stablecoins to survive? Maybe as a financial instrument for the unbanked or they will be able to peacefully co-exist?

​​Two firms sign MoU to help blockchain and Web3 go from strength to strength Basking in the glow of a successful week-long hackathon, this blockchain company has just signed a memorandum of understanding with a unicorn.…

⁠Here are Bitcoin price levels to watch as BTC dips 5% from highs Familiar support zones are back on the radar after $25,000 proves too much for Bitcoin bulls.

⁠Huobi co-founder reportedly looks to sell majority stake valued at over $1B Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting.

⁠Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token.

⁠S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competi…

⁠Dutch authorities arrest suspected Tornado Cash developer The Dutch Fiscal Information and Investigation Service doesn't rule out multiple arrests in its ongoing criminal investigation against the crypto mixer Tornado C…

⁠Brazilian payment app PicPay launches crypto exchange with Paxos The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin.