Mercuryo partners with $MA to launch the ‘Spend’ crypto debit card, supporting Ethereum, Solana, and more. Accepted at 90M+ locations, it integrates with Apple Pay and Google Pay, featuring low fees and seamless crypto wallet integration.
WazirX hacker launders $10M via Tornado Cash. Cyvers reports 5,000 ETH moved to a new wallet, mirroring Lazarus Group tactics. WazirX allows 66% INR token withdrawals amid restructuring and user discontent.
SSI secures $1 billion from top VCs to advance AI safety and innovation. This investment boosts SSI’s valuation to $5 billion and highlights their unique hiring focus on abilities over credentials. Transformative effects expected in tech sectors.
Monochrome Asset Management seeks approval for an Ethereum ETF under ticker $IETH on Cboe Australia, aiming to provide regulated exposure for retail investors. This follows their successful Bitcoin ETF, $IBTC, highlighting Monochrome’s role in Australia’s crypto ETF market.
Monochrome applies for Ethereum ETF (IETH) listing on Cboe Australia, aiming to offer regulated access to Ethereum investments for retail investors. This follows their successful Bitcoin ETF launch, signaling growing crypto acceptance in traditional finance.
Yuga Labs reveals BluePrint initiatives to bolster the BAYC community, focusing on top-tier infrastructure, open ecosystem, and robust developer tools. ApeCoin ($APE) will govern the BAYC ecosystem. ApeChain, a layer-2 Ethereum solution, to launch soon.
Significant capital outflows hit U.S. Bitcoin and Ethereum ETFs, with $BTC ETFs losing $37.29M and $ETH ETFs losing $37.51M on Sep 4, 2024. Key funds like $GBTC and $ETHE were impacted, while Hong Kong’s market remained stable.
Trump-backed crypto project $WLFI allocates 70% of tokens to founders, developers, and large investors, sparking fairness concerns. Only 30% available for public sale; tokens locked indefinitely, impacting liquidity and accessibility. Buyers to be screened for U.S. sanctions compliance.
Bitcoin mining revenue hit a historic low of $43,600 per EH/s in August 2024, as per JPMorgan. Mining difficulty surged by 9%, and market cap of public miners fell by 15% to $20B. Miners are diversifying into AI tasks.
AAVE token surged 8% to $135 amid significant whale activity, with 67,197 AAVE withdrawn from Binance. Technical analysis targets $168, while collaborations with MakerDAO and endorsements from @WorldLibertyFin bolster its market position.
SEC appeal ruling on Ripple’s $125M penalty likely delayed until 2026, says attorney Fred Rispoli. Ongoing SEC actions against exchanges reduce the appeal’s impact on $XRP, which remains unaffected by recent developments like smart contracts and a new stablecoin.
US Federal Reserve orders United Texas Bank to cease crypto dealings over AML issues. Crypto ETF issuers face increased risks as hackers target custodial platforms, leading to concerns over market centralization and potential vulnerabilities.
Coinbase ($COIN) files a cross-motion against the FDIC, seeking access to crypto guidance records under FOIA. Chief Legal Officer Paul Grewal emphasizes transparency, arguing the public’s right to these documents. Outcome may reshape crypto regulations.
SEC expected to ramp up crypto enforcement actions by September 30, warns @jchervinsky. Recent cases like Uniswap’s $175,000 fine highlight ongoing scrutiny, emphasizing the need for clear regulations to foster innovation and investment in the crypto market.
