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20 Aug 2024 10:15

The Tether Treasury just minted 1bn USDT on TRON.

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20 Aug 2024 07:57

Shan Hanes, the former CEO of Kansas' Heartland Tri-State Bank (HTSB) was sentenced to 24 years and 5 months in connection with a cryptocurrency scheme that “led the bank to fail at a complete loss of equity for investors.”

Hanes initiated 11 outgoing wire transfers totaling $47.1m of Heartland’s funds to a cryptocurrency wallet in a scheme known as “pig butchering.”

Although the Federal Deposit Insurance Corporation absorbed the $47.1m losses, it caused the bank investors to lose $9m.

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20 Aug 2024 05:37

China’s Supreme Court has classified “virtual asset” transactions as money laundering.

In the first half of 2024, 1,391 people were prosecuted, a 28.4% increase year-on-year.

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19 Aug 2024 17:23

Sahara AI, a Binance Lab-backed company, has reported a security breach. They advise users not to click any links or respond to messages until the issue is resolved.

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19 Aug 2024 08:34

Data shows that almost 75% of Bitcoin wallets haven't sold in six months despite BTC dropping 21% from its all-time high.

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17 Aug 2024 18:59

✔ This week's crypto market highlights:

⚫Venezuela blocks Binance access
⚫Tether enters AI
⚫Mt. Gox wallet tests transactions with $2.19bn
⚫Binance reenters India
⚫US announced inflation figures
⚫Binance sets $64m in TON for Launchpool
⚫TON to launch secure Bitcoin bridge
⚫Trump selects crypto supporter to lead transition team

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16 Aug 2024 11:17

South Korea's National Pension Service, the world's third-largest public pension fund, bought $34m worth of MicroStrategy shares, further increasing its exposure to Bitcoin.

It also realized a profit in its crypto investment by selling almost 24k (~5.3m) Coinbase shares at $222 after buying over 282k (~$22m) shares for $78.

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16 Aug 2024 11:02

Meta denied claims by Australia's watchdog (ACCC) that 58% of ads on Facebook are scams, arguing that the data is outdated and unreliable.

Meta says it removed 631m fake accounts with 436m spam content from Facebook in Q1 of 2024, with 99.4% of fake accounts and 98.2% of spam content being actioned before users reported it.

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16 Aug 2024 09:00

Donald Trump's financial disclosures revealed he owns up to $5m in crypto and netted over $7m across his NFT collections.

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15 Aug 2024 16:51

TON has announced the upcoming launch of TON Teleport BTC later this year, a trustless and secure bridge for seamless Bitcoin transfers to and from TON. "tgBTC," is likely a wrapped Bitcoin on the TON blockchain, similar to wBTC.

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15 Aug 2024 12:26

TON Ventures has launched as a new venture capital organization with a $40m fund aimed at supporting early-stage projects on the TON platform.

Led by former TON Foundation members, the TON Ventures team plans to offer various types of support, including technical assistance and investments, to developers working on promising Telegram mini-applications and infrastructure solutions.

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15 Aug 2024 10:45

Iran's state energy company, Tavanir, is offering a 1m toman ($20) bounty for each unauthorized cryptocurrency mining device reported, amid severe power shortages crippling the country’s industrial production.

Iran is facing its most severe heatwave in 50 years causing nationwide power outages as the government struggles with billions of dollars' worth of deficit.

So far, more than 230,000 illegal cryptocurrency mining devices with a power consumption capacity of 800 to 900 megawatts have been discovered.

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15 Aug 2024 08:06

Apple will open its contactless payment technology to third-party developers in multiple countries, following regulatory pressure from authorities in the U.S. and EU.

Starting with iOS 18.1, developers can offer in-app contactless transactions for a wide variety of uses, including in-store payments, car keys, transit, corporate badges, student IDs, home and hotel keys, merchant loyalty cards, and event tickets.

The update will also enable the integration of tap-to-pay crypto transactions directly within the app.

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15 Aug 2024 07:21

Binance has allocated 9m TON (worth ~$64m) as rewards for its Launchpool and Super Earn event.

A daily distribution of 382,500 TON will go to BNB and FDUSD stakers, while Binance Super Earn will feature special APRs and an additional 1.35m TON in rewards.

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14 Aug 2024 19:24

Gold reached a record high closing price of $2,507 per ounce.

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20 Aug 2024 09:30

China now accepts intellectual property as collateral for loans to tech startups and small businesses in a bid to revive lending demand and stimulate the economy.

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20 Aug 2024 07:32

Donald Trump said that if elected as president, he would consider ending a $7,500 tax credit for electric-vehicle purchases and that he would be open to naming CEO Elon Musk to a cabinet or advisory role.

Musk last month publicly endorsed Trump in the U.S. presidential race.

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19 Aug 2024 17:28

The U.S. Treasury and Fed are considering redefining "money" under the Bank Secrecy Act to include cryptocurrencies.

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19 Aug 2024 09:29

Winklevoss called on crypto holders to unite and pressure Vice President Kamala Harris to remove SEC Chair Gary Gensler before the November 5 election, arguing that this could end the "war on crypto" and make the issue bipartisan.

He highlighted that 50m Americans own crypto.

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19 Aug 2024 07:24

Turkey has seen a significant rise in crypto license applications. Initially, 47 entities, including Binance, Bitfinex, and OKX, had applied. This number has expanded to 76 applicants, with notable additions such as Coinbase, KuCoin, and Gate.

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16 Aug 2024 16:57

Donald Trump has chosen Cantor Fitzgerald CEO Howard Lutnick, a big crypto bull, to lead his potential transition team if he becomes president again.

Cantor Fitzgerald has been a custodian for Tether since late 2021.

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16 Aug 2024 11:11

Voting on FTX's multi-billion dollar repayment plan closes on August 16. The plan seeks to reimburse creditors the U.S. dollar value of their crypto assets as of the exchange's November 11, 2022 collapse.

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16 Aug 2024 10:49

The Dubai Court of First Instance recognized crypto salary payments as valid under employment contracts.

In 2023, the court acknowledged tokens in the salary but didn't enforce payment due to unclear fiat valuation.

However, in 2024, the court took a step forward, ruling in favor of the employee and ordering the payment of the crypto salary as per the employment contract without converting it into fiat.

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16 Aug 2024 08:56

WazirX has restored all user balances and reversed all trades made on their platform after the withdrawal suspenstion on July 18, 2024, following the $230m hack.

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15 Aug 2024 16:32

Vitalik Buterin has donated all the "Animal Coins" he received over the past year, totaling about $530k, to the Effective Altruism Funds' Animal Welfare Fund.

He also called for these tokens to be directly given to charities and supported more complex public funding initiatives starting in 2024.

The Effective Altruism movement was also actively endorsed by SBF, the CEO and founder of FTX.

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15 Aug 2024 10:59

BlackRock overtook Grayscale as the largest digital asset fund manager by assets under management (AUM).

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15 Aug 2024 10:26

Binance has completed its FIU registration in India, marking its 19th global regulatory milestone. The exchange also holds licenses in key jurisdictions, including France, Sweden, and Dubai.

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15 Aug 2024 07:30

Donald Trump's son, Eric Trump, revealed his teased project involves "digital real estate," highlighting how it could streamline loan approvals by using math-based decisions, reducing the process from months to minutes.

Unlike NFT real estate, which began in 2017 with property sales via NFTs, this project seems focused on loans rather than blockchain-based property transactions.

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15 Aug 2024 07:12

Binance agreed to pay $1.7m, up from its initial offer of $370,000, to settle Brazil's securities commission probe into unauthorized derivatives trading.

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14 Aug 2024 15:09

The Nigerian government and Tether have blocked four wallets containing 37m USDT following the request from the Economic and Financial Crimes Commission (EFCC).

The assets were linked to allegations of money laundering and terrorist financing. A court approved the wallet ban on August 9, reinforcing Nigeria's ongoing efforts to combat financial crimes.

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