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Home2024August

Month: August 2024

Why is the SEC going after digital art and monkey pictures?
NFT

Why is the SEC going after digital art and monkey pictures?

August 31, 2024 CryptoExpert

The United States Securities and Exchange Commission issued a Wells notice to OpenSea on Aug. 28, stating that the non-fungible token (NFT) exchange had served as a marketplace for unregistered securities. OpenSea CEO Devin Finzer […]

Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD
Bitcoin

Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD

August 31, 2024 CryptoExpert

Bitcoin mining firm Rhodium Enterprises, which recently filed for bankruptcy, has reportedly received court approval to take a loan in either United States dollars or in Bitcoin.  The company was authorized to choose between receiving […]

Argentina’s Ministry of Education adds Ethereum to high school curriculum
Ethereum

Argentina’s Ministry of Education adds Ethereum to high school curriculum

August 31, 2024 CryptoExpert

Buenos Aires high schools will start offering blockchain internships on August 27. ETH Kipu will train 500 students in Solidity and prepare 30 instructors. Argentina’s high inflation drives strong local engagement with digital assets. In […]

Blockchain

DeFi protocol Threshold proposes Bitcoin wrapper merger to ‘save WBTC’

August 31, 2024 CryptoExpert

Bitcoin (BTC) decentralized finance (DeFi) protocol Threshold is proposing to merge its own BTC “wrapper” token, tBTC, into Wrapped Bitcoin (WBTC) in a bid to “save WBTC” following concerns about an impending change in control […]

Excess Supply of Bitcoin Could Keep Pushing BTC Down, Experts Say
Cryptocurrency

Excess Supply of Bitcoin Could Keep Pushing BTC Down, Experts Say

August 31, 2024 CryptoExpert

The cryptocurrency market may have to brace for potential turbulence in the coming months as several major Bitcoin (BTC) holders—including defunct exchanges and government entities—could liquidate substantial portions of their holdings.  This raises concerns about […]

Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined
Altcoin

Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined

August 31, 2024 CryptoExpert

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. This week brought troubling news: Crypto hackers […]

Solo Bitcoin miner earns $200,000 reward amid growing centralization concerns
Mining

Solo Bitcoin miner earns $200,000 reward amid growing centralization concerns

August 31, 2024 CryptoExpert

A solo Bitcoin miner has independently solved a BTC block to earn a reward of 3.275 BTC, roughly equivalent to $200,000. On Aug. 29, Con Kolivas, a software engineer and administrator of the solo mining […]

Donald Trump to make USA the ‘crypto capital of the planet’
Regulation

Donald Trump unveils plan to make USA the ‘crypto capital of the planet’

August 31, 2024 CryptoExpert

Donald Trump aims to make the US the “crypto capital of the planet” if elected. His sons’ World Liberty Financial may involve real-world assets and tokenization. Trump has promised a Bitcoin reserve and to replace […]

Crypto contributes 40% of Telegram revenue, $400M in assets held
Finance

Crypto Contributes 40% Of Telegram Revenue, $400M In Assets Held

August 31, 2024 CryptoExpert

Telegram, the messaging app widely used by cryptocurrency enthusiasts, held $400 million in digital assets at the end of 2023, according to a report by the Financial Times. The report is based on Telegram’s financial […]

Bitcoin red
Market Analysis

Bitcoin touches $58k again as analysts share bearish forecasts

August 31, 2024 CryptoExpert

Bitcoin fell to lows of $57,700 on Coinbase as prices dipped during the US trading session. Analysts predict further weakness is likely, and here’s what they are saying At the time of writing, Bitcoin (BTC) […]

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