Nigeria to ramp up crackdown on unregistered crypto exchanges

Nigeria’s Securities and Exchange Commission (SEC) is preparing to ramp up enforcement actions against crypto exchanges and other businesses operating outside of its regulatory oversight, according to local media reports. The crackdown is part of the watchdog’s broader strategy to protect investors and maintain market stability in the country’s fast-growing digital asset sector, which is […]

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Liminal cleared by independent security audit after WazirX breach, no vulnerabilities found

Leading global auditor Grant Thornton has confirmed the security of Liminal’s infrastructure following a comprehensive review conducted in response to WazirX’s July 18 hack. The hack, which targeted WazirX’s systems, prompted Liminal to launch an internal investigation and engage independent auditors to assess potential vulnerabilities within its own platform. The firm reaffirmed that its systems […]

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Harris campaign criticized for ignoring crypto in policy statement

Vice President Kamala Harris‘s campaign released a policy statement outlining her administration’s key priorities. However, there is a notable omissioncrypto. Harris’s campaign promises highlighted various sectorsincluding semiconductors and artificial intelligenceand even extensively mentioned her political rival, former President Donald Trump, in the policy statement. However, there was no mention of Bitcoin, crypto, blockchain technology, or digital […]

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Digital assets suffer as Bitcoin leads $726 million outflow

Digital asset investment products saw significant outflows totaling $726 million, matching the highest outflow recorded earlier this year in March, according to CoinShares‘ latest report. James Butterfill, head of research at CoinShares, attributed this negative sentiment to stronger-than-expected macroeconomic data from the previous week. This increased the likelihood of a 25-basis point interest rate hike […]

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Record $4.68 billion fines mark SECs toughest year on crypto

The US Securities and Exchange Commission (SEC) imposed $4.68 billion in fines against crypto companies in 2024, marking the most aggressive regulatory year in the agency’s history, according to a report by Social Capital Markets. This brings the total fines levied by the regulator since 2013 to $7.42 billion, with 2024 accounting for 63% of […]

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Bitcoin Price Reclaims $54K Level, SUI Explodes 11% Daily (Weekend Watch)

Aside from SUI, the other notable gainers from the larger-cap alts include AVAX and XMR.

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Musk denies that Tesla will license xAIs technology in exchange for revenue-sharing

Tesla CEO Elon Musks artificial intelligence (AI) startup xAI will not be licensing out its technology to the carmaker, Musk noted in an X post on Sunday. His post refuted a Wall Street Journal article published on Sept. 7, which claimed that the two companies owned by Musk had chalked out a deal. WSJs claims […]

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Coinbase scores partial victory in legal battle against the SEC

Crypto exchange Coinbase secured a partial victory in federal court this week in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In a filing dated Sept. 5,  the US District Court for the Southern District of New York, Judge Katherine Failla partially granted Coinbases motion to compel the SEC to hand […]

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Wheres The Bitcoin Price Bottom? 3 Educated Guesses

Bitcoin notched below $53,000 on Friday after the latest jobs report showed a slowdown in new hiring. Could the price go any lower?

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These Altcoins Bleed Out as Bitcoin (BTC) Price Fell by $4K in Hours (Weekend Watch)

DOGE is among the poorest performers now.

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4 Bear and 3 Bull Scenarios for Ethereum (ETH) Price in September

ETH was slightly up YTD and 46% for the trailing 12-months Thursday. But it has some big prospects ahead when alt season kicks in on this Bitcoin super cycle.

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Telegram might be an unencrypted treasure trove of data and Pavel Durov might just be a geopolitical pawn

The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. Pavel Durov, the CEO of Telegram, was arrested this week after a four-day interrogation relatedpublicly at leastto the existence of illegal activity on his app, including child pornography. The ensuing media frenzy painted Telegram as an almost esoteric, privacy-centered app, which is […]

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VanEck shifts focus to spot Ethereum ETF, phases out futures fund EFUT

Asset management firm VanEck announced plans to close and liquidate its Ethereum futures exchange-traded fund (ETF) EFUT, according to a Sept. 6 statement. VanEck cited performance, liquidity, assets under management (AUM), and investor interest as factors behind its decision. The firm also noted the recent approval of its spot Ethereum ETP, ETHV, by the US […]

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Chamber of Progress demands clarity on crypto from presidential hopefuls

The Chamber of Progress, a technology industry coalition advocating for digital innovation, has urged moderators of the upcoming ABC presidential debate to include a critical question on crypto regulation. In a letter sent to moderators Linsey Davis and David Muir on Sept. 5, the organization highlighted the growing role of digital assets in the US […]

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Can Bitcoin Still Hit $200,000 In 2025 Despite Bearish Headwinds? This Prominent Investor Thinks So

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Coinbase to face shareholder lawsuit over SEC risks, judge rules

A federal judge has rejected Coinbase’s motion to dismiss a proposed class action lawsuit by shareholders, Reuters reported Sept. 6. The lawsuit accuses the largest US crypto exchange of downplaying the likelihood of being sued by the US Securities and Exchange Commission (SEC). US District Judge Brian Martinotti ruled on Sept. 5 that shareholders adequately […]

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Bitcoin falls below $54k as market sees volatility following jobs data

Bitcoin tumbled below $54,000 on Friday after initially climbing to $57,000 earlier in the day following the release of a key US jobs report. The swift reversal sent shockwaves through the crypto market, with BTC shedding nearly 4% over the past 24 hours in a bout of intense volatility. As of press time, the flagship […]

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Crypto has become boring in 2024 while AI creates peak apathy for new tech

As we approach the end of 2024, the emerging tech landscape bears little resemblance to that of 2019. In just five years, the whirlwind of innovation that swept through decentralized finance, artificial intelligence, and blockchain technologies has transformed our digital world at a dizzying pace. Yet, amid this rapid progress, I see a curious phenomenon […]

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Indian regulators to clear offshore crypto exchanges after strict AML review

India’s Financial Intelligence Unit (FIU-India) is reportedly set to approve two more offshore crypto exchanges to resume operations in the country by the end of the 2025 fiscal year, following a thorough review of their compliance with anti-money laundering (AML) laws. The development comes as the FIU continues to assess requests from four exchanges previously […]

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US crypto firms ramp up lobbying efforts, expenditures up 1386% over 7 years

A recent study has revealed that US crypto companies have significantly increased their lobbying efforts, with expenditures rising by 1386% from 2017 to 2023. According to data compiled by Social Capital Markets, crypto firms spent $40.42 million lobbying for regulatory changes during 2023 alone, signaling the growing importance of government relations in the industry. The […]

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