Cointelegraph

⁠Is it a good time to buy nonfungible tokens? Expert answers Ahren Posthumus said that it’s indeed a good time to buy but cautioned investors to double-check projects before putting their money into them.

⁠Lido DAO: Ethereum's biggest Merge staker just jumped 30% — will LDO rally into September? LDO price is up roughly 30% over the past day, gaining approximately 500% since mid-June.

⁠Bitcoin miners now hold a record 1.856M BTC — new data Miners go from sellers to hodlers again as the worst of June's capitulation phase seems to pass.

⁠Borrowing to buy Bitcoin: Is it ever worth the risk? Borrowing to buy crypto has often been advocated for by various influencers, but the consequences may be dire.

⁠Dollars on the Lightning Network: a boon for emerging markets? An innovation on the Bitcoin Lightning Network (LN) could shelter users from the price volatility of BTC by providing access to dollars.

⁠Nomad reportedly ignored security vulnerability that led to $190M exploit The altcoins that were stolen in the Nomad bridge hack suffered as much as 94% decline in price after the exploit.

⁠What are crypto pump and dump groups? Are they legal? Since crypto regulations are still being developed, crypto pump and dump groups support the promotion of unknown coins over Discord and Telegram.

⁠Solana wallets 'compromised and abandoned’ as users warned of scam solutions Solana users have been urged to move their funds to cold storage and be alert to possible scams after a major exploit of thousands of wallets…

⁠EU crypto community has two weeks to join conversation on crypto data The ESMA is looking for “crypto off-chain data,” or data from spot and derivatives trades at centralized exchanges or OTC crypto trading platforms.

⁠Inflation punishes the prudent while Bitcoin gives future hope: Jordan Peterson Author and psychologist Jordan Peterson said that hyperinflation hurts those who are the pillars of society.

⁠Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USD…

⁠Oxford City Football Club to accept Bitcoin for matchday tickets In a first for the sixth-tier English football league, the club will wear the BTC logo on their shirts, and fans will be able to buy tickets with Bitcoin…

⁠Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report The Ethereum network continues to see the largest number of monthly-active contributors at around 2,000 as of July.

⁠Mental health support prime for decentralization, say academics A shortage of mental health services in the future could be solved with a Web3-powered mental health support network, suggests academics.

⁠Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss The crypto contagion only hurt entities that poorly managed their treasuries, but didn't affect the underlying blockchain technology, he sa…

⁠Ongoing Solana-based wallet hack has already seen millions drained NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play" and called on users to revoke permissions for any suspicious lin…

⁠Textbook publisher wants to use NFTs to skim the used-textbook market The academic textbook publisher hopes to capture a portion of secondary market sales on digital textbook sales by assigning an NFT to each title.

⁠'This is on me' — Robinhood CEO to lay off 23% of staff after Q2 loss The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto ro…

⁠Gucci becomes first major brand to accept ApeCoin payments Gucci has ramped up its Web3 initiatives by allowing crypto nerds to purchase its products with ApeCoin in its stores, adding to a list of 12 other digital asse…

⁠BTC wholecoiners up by 40K since June crash began A sharp fall in the cryptocurrency's price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin.

⁠Michael Saylor will step down as MicroStrategy CEO but will remain executive chair The soon-to-be former CEO said splitting the roles of MicroStrategy's chief executive officer and chair would help the firm pursue its s…

⁠Bitcoin derivatives show a lack of confidence from bulls High correlation to stock markets and recession risks limit optimism on the part of BTC investors.

⁠Crypto miner Digihost plans to move rigs from New York to Alabama The mining firm said it aims to have a hashing capacity of 28 MW at the Alabama facility by the fourth quarter, and 55 MW by the second quarter of 2023.

⁠CoinShares reports $21.7M loss tied to Terra implosion The firm's book-making took a huge hit after being exposed to the TerraUSD collapse.

⁠Crypto users spent $2.7B minting NFTs in first half of 2022: Report Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong.

⁠Polkadot 'cup and handle' setup sees DOT price 50% higher by September DOT could witness an increase in demand after Polkadot's launch of an intercommunication blockchain tool.

⁠Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report The hedge fund manager was part of a $50-million funding round for NFT company Recur, and backed a $21-million round for crypto anal…

⁠Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve th…