? Terra’s Chapter 11 bankruptcy hearing is set for Sept. 19, 10:00 AM ET. $LUNA price rose 2%, $LUNC trading volume surged 38%. Terra plans to burn tokens to reduce supply and potentially boost value. Investors, stay tuned! ? #CryptoNews
Malaysia Crushes 985 Bitcoin Mining Rigs worth $427K to Combat Illegal Activities. Authorities’ steamroller operation underlines commitment to reducing electricity theft, cutting illegal mining cases from 9 in 2022 to 1 in 2024. #Bitcoin #Cryptocurrency #Malaysia
Cardano ($ADA) plans the Chang hard fork for Aug. 27, with Sept. 3 as a backup. The upgrade, featuring PlutusV3 for enhanced security and governance, sees 80% node adoption but only 34% exchange liquidity. #Crypto #Blockchain
Galaxy Digital invests $82M in Bitcoin, acquiring 1380 BTC. Despite Bitcoin’s struggle to stay above $60K, strong institutional interest and technical patterns suggest potential for a price rally. Market analysts remain optimistic amid ongoing volatility. $BTC @GalaxyDigitalLP
Bitcoin ETFs surged with an $88M inflow on Aug 20, while $ETH ETFs saw a $6.49M outflow. Grayscale Ethereum Trust ETF faced a major $37M outflow. Some $ETH ETFs like $ETHA and $ETHW still attracted capital. #CryptoMarkets
Binance expands trading options with new pairs for $AAVE, $DOGE, $MATIC, and $NEAR starting Aug 22. Trading bots for various pairs also launched. $AAVE surged 8% and $MATIC by 6.96% after the announcement. @Binance
Bitcoin $BTC poised for major rally as derivatives market signals short squeeze. Analysts see increased open interest, negative funding rates, and ETF inflows boosting sentiment. Veteran trader Peter Brandt notes megaphone pattern, targeting all-time high. #crypto
? Crypto Investors Sue Binance and CZ for Alleged Money Laundering ?
Three investors have filed a class-action lawsuit against $BNB and ex-CEO @cz_binance, accusing them of laundering stolen assets and causing financial losses. This case could set a major precedent in the crypto industry.
Trump leads Harris on Polymarket with 50% chance of winning the election vs. Harris’s 49%. The shift follows the DNC’s crypto policy discussions and controversy over Harris’s proposed 25% tax on unrealized gains. $TRUMP $HARRIS $POLYMARKET
Germany seizes $28M and 13 unlicensed cryptocurrency ATMs in a BaFin-led crackdown. Operators face up to five years in prison. This move aims to curb money laundering and terrorism financing in the crypto market. #Cryptocurrency #Regulation
Germany seizes $28M and shuts down 13 unlicensed crypto ATMs in a major crackdown on financial crimes. BaFin, law enforcement, and Bundesbank lead the operation to enforce licensing laws and combat money laundering. #CryptoRegulation
Mango Markets ($MNGO) nears SEC settlement with a $223,228 fine and delisting proposal. Community votes strongly in favor, with 110.8M votes. Pending SEC response may set a key precedent for DeFi regulatory compliance and governance. #DeFi #CryptoNews
? Base unveils Basenames subdomains on Ethereum! Utilizing ENS for seamless on-chain interactions, auctions start at 100 ETH, dropping to 0 ETH over 3 days. Unlimited subdomains available, requiring wallet connection by Aug 21, 2024. #CryptoNews $ETH
Gemini to delist $LUNC, $SNX, $QRDO, and $ZBC amid market review. Users must withdraw assets by Sept 20. Crypto community confused by Gemini’s naming of wLUNA as $LUNC. This may prompt other exchanges to reassess listings.
