Solo miner earns 3.169 BTC (~$181,000) as Bitcoin mining difficulty hits a record high of 92.67 T. Operating at 82 PH/s, the miner processed 5959 transactions, highlighting innovative strategies in a competitive field. $BTC
Two major whales accumulated 20.58M $WIF, valued at $33.35M, despite a 7% dip in WIF price to $1.56. Optimistic market sentiment and bullish chart patterns suggest a potential upward trend for @Dogwifhat as Q4 approaches.
Indonesian crypto exchange Indodax has lost over $18M in a security breach involving 5204 $ETH, 6.84M $MATIC, and 380 $ETH on various networks. Indodax assures clients their funds remain secure, highlighting the need for enhanced cybersecurity.
The Digital Chamber urges Congress to classify NFTs as consumer products, not securities, arguing that SEC regulations stifle creativity and economic potential. Clear legislation is needed to keep the NFT industry within the U.S. and support economic growth.
Peter Schiff questions Michael Saylor’s $BTC prediction, claiming Bitcoin’s value depends on new buyers, unlike gold’s tangible worth. Schiff doubts Bitcoin’s long-term viability, highlighting market dynamics and MicroStrategy’s stock performance.
Crypto market faces pressure as $BTC sees $983M outflows, $ETH loses $103.5M in two weeks. Stablecoin supply drops $450M, reflecting investor caution. Election uncertainty and weak macro data add to market woes.
Singapore’s MAS is investigating seven individuals for suspected illicit trading of $WLD accounts and tokens, potentially breaching the Payment Services Act. Worldcoin faces scrutiny in multiple countries but remains focused on user security and compliance.
SEC Commissioner Hester Peirce criticizes SAB 121, arguing it hinders crypto industry growth. SEC’s Paul Munter defends it, citing transparency and risk management. Debate underscores need for clearer regulations in the evolving digital asset market.
Ethereum’s Pectra hard fork introduces EIP-7702 for gasless payments, EIP-7251 for flexible validator deposits (32-2048 ETH), and EIP-2935 for improved node performance. Enhancements aim to boost performance, security, and user experience. $ETH @Ethereum
Tether, TRON DAO, and TRM Labs have launched the T3 Financial Crime Unit to combat illegal $USDT activities on the TRON blockchain. This collaboration aims to enhance blockchain security and reduce illicit transactions in the crypto ecosystem.
Bitget Wallet achieves 12M monthly active users with seamless Web2 integration, adding 2M new downloads in August. Global expansion targets underserved communities, boosting growth in Japan, India, and Nigeria. Innovative features enhance user experience.
PayPal and Venmo integrate with Ethereum Name Service (ENS) for streamlined crypto payments, linking .com addresses to .eth for easier wallet management. Partnerships with @GoDaddy and MoonPay, plus PYUSD launch on Venmo, highlight deeper crypto involvement.
Nansen acquires Stakewithus to offer staking for 20+ crypto assets, including $SOL, $SUI, and $ATOM. New NSN points system launching in 2025. Integration enhances Nansen’s blockchain analytics and portfolio tracking services for comprehensive user experience.
Tether, @Tronfoundation, and @trmlabs collaborate to combat USDT crime on TRON amid rising concerns. Nearly 50% of Tether’s $118B USDT supply is on TRON. Partnership aims to enhance blockchain security and promote crypto education.
