A U.S. Crypto Bill's 2024 Chances

Earlier this month, Senate Majority Leader Chuck Schumer (D-N.Y.) told the audience at a "Crypto4Harris" virtual event that he hoped to shepherd crypto legislation through Congress and have President Joe Biden sign the bill into law by the end of 2024. It was a bold promise, one that on first blush seems like a hard pledge to fulfill.

source https://www.coindesk.com/policy/2024/08/31/a-us-crypto-bills-2024-chances/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Elon Musk's X Is Reportedly Now Banned in Brazil Following Judge's Ruling

source https://www.coindesk.com/business/2024/08/30/elon-musks-x-is-reportedly-now-banned-in-brazil-following-supreme-court-ruling/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses

source https://www.coindesk.com/markets/2024/08/29/bitcoin-returns-to-59k-as-bulls-fail-to-flip-key-resistance-ai-cryptos-lead-losses/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says

World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata.

source https://www.coindesk.com/business/2024/08/29/trumps-new-crypto-business-to-offer-access-to-high-yield-investments-website-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Polymarket Bettors Miss Out on $270K Due to Pavel Durov's Early Release

Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.

source https://www.coindesk.com/markets/2024/08/29/polymarket-bettors-miss-out-on-270k-due-to-pavel-durovs-early-release/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

TON Back Online After Second Outage

TON says its core developer team is looking into why the DOGS token continues to crash the chain.

source https://www.coindesk.com/markets/2024/08/29/ton-back-online-after-second-outage/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade

source https://www.coindesk.com/tech/2024/08/28/bitcoin-layer-2-network-stacks-begins-nakamoto-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Telegram-Linked TON Blockchain Suffers Second Outage

Once again, the DOGS token is gumming up the works.

source https://www.coindesk.com/tech/2024/08/28/telegram-linked-ton-blockchain-suffers-second-outage/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Pavel Durov: The Imperfect Free Speech Hero

Pavel Durov is a free speech hero, but Telegram is far from a perfect free speech platform, writes CoinDesk's Ben Schiller.

source https://www.coindesk.com/opinion/2024/08/27/pavel-durov-the-imperfect-free-speech-hero/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole

Federal Reserve chair Jerome Powell confirmed signs that the public agency is set to loosen monetary policy at the Jackson Hole symposium on Friday.

source https://www.coindesk.com/markets/2024/08/26/bitcoin-etfs-log-250m-net-inflows-highest-since-july-after-rate-cut-signal-at-jackson-hole/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

AI Tokens Lead Crypto Market Ahead of Nvidia Earnings, Bitcoin Under $64K

Analysts polled by FactSet are expecting Nvidia to hit earnings of 65 cents per share, up 141% year-over-year.

source https://www.coindesk.com/markets/2024/08/26/ai-tokens-lead-crypto-market-ahead-of-nvidia-earnings-bitcoin-under-64k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report

Hong Kong's Securities and Futures Commission (SFC) has found "unsatisfactory practices" at "some" of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people familiar with the situation.

source https://www.coindesk.com/policy/2024/08/26/hong-kong-regulator-finds-unsatisfactory-practices-at-some-crypto-entities-seeking-full-license-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Telegram Says it is Compliant With EU Digital Services Act After Founder Pavel Durov's Arrest

The company says its CEO has nothing to hide as Toncoin's losses subside.

source https://www.coindesk.com/markets/2024/08/26/telegram-says-it-is-compliant-with-eu-digital-services-act-after-founder-pavel-durovs-arrest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

TON Down 14% as Telegram CEO Pavel Durov Arrested in France

Durov's arrest stems from a warrant issued by France's OFIM, an office that works to prevent violence against minors, as part of a complaint into Telegram's lack of moderation and cooperation with law enforcement.

source https://www.coindesk.com/markets/2024/08/25/ton-down-14-as-telegram-ceo-pavel-durov-arrested-in-france/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Friendly RFK Jr. Drops White House Hunt, Will Lend Kennedy Name to Trump

Robert Kennedy Jr. has suspended his independent pursuit of the U.S. presidency and encouraged his supporters to instead back former President Donald Trump in battleground states, putting the weight of the Kennedy name behind the GOP candidate.

source https://www.coindesk.com/policy/2024/08/23/crypto-friendly-rfk-jr-drops-white-house-hunt-will-lend-kennedy-name-to-trump/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash

Michelle Bond, who once ran a Washington-based crypto advocacy group and had served as a U.S. Securities and Exchange Commission lawyer, was indicted in federal court for taking illegal campaign contributions during her 2022 run for Congress, and court documents detail how a river of cash came through her former FTX executive boyfriend.

source https://www.coindesk.com/policy/2024/08/22/crypto-promoter-and-failed-politician-michelle-bond-accused-of-illegally-taking-ftx-cash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Colombia's Regulator Notifies Worldcoin of Alleged Data Violation

Worldcoin is currently collecting data of individuals with its Orb device in 25 locations of the Latin American country.

source https://www.coindesk.com/policy/2024/08/22/colombias-regulator-notifies-worldcoin-of-alleged-data-violation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

RFK Jr. Reportedly Dropping Out of Presidential Race, Mulling Trump Endorsement; Bitcoin Jumps Past $61K

The independent candidate has scheduled a national address for Friday.

source https://www.coindesk.com/markets/2024/08/21/rfk-jr-reportedly-dropping-out-of-presidential-race-mulling-trump-endorsement-bitcoin-jumps-past-61k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Can Crypto Sway the U.S. Election?

With the political environment so finely poised, candidates would be wise to attract crypto voters, says Nonco’s Jeffrey Howard.

source https://www.coindesk.com/opinion/2024/08/21/can-crypto-sway-the-us-election/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Mt. Gox Moves $700M in Bitcoin, BTC Unmoved at $59K

According to Galaxy's Alex Thorn expects only 1,265 BTC, woth over $70 million, may be offloaded in the market.

source https://www.coindesk.com/markets/2024/08/21/mt-gox-moves-700m-in-bitcoin-btc-unmoved-at-59k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary By 39 Votes

Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount.

source https://www.coindesk.com/policy/2024/08/20/crypto-backed-candidate-ansari-narrowly-wins-arizona-primary-by-39-votes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Second Solana ETF Approved in Brazil

source https://www.coindesk.com/business/2024/08/20/second-solana-etf-approved-in-brazil/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Faster Computers and Better Algorithms Will Fully Decentralize Blockchains

source https://www.coindesk.com/opinion/2024/08/20/faster-computers-and-better-algorithms-will-fully-decentralize-blockchains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest

source https://www.coindesk.com/markets/2024/08/20/us-elections-linked-bitcoin-options-draw-nearly-350m-in-open-interest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana's Former Top Decentralized Crypto Exchange Faces SEC Securities Violations

Mango Markets' governing body is looking to offer a settlement to the SEC.

source https://www.coindesk.com/policy/2024/08/20/solanas-former-top-decentralized-crypto-exchange-faces-sec-securities-violations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Top Democratic Donor Leaves Crypto Super PAC

Ron Conway disagrees with spending $12 million to defeat Democratic Senator Sherrod Brown.

source https://www.coindesk.com/opinion/2024/08/20/top-democratic-donor-leaves-crypto-super-pac/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

NY Judge Rejects SEC’s Efforts to Stymie Tron’s Arguments in Ongoing Securities Suit

A New York judge has rejected a request from the U.S. Securities and Exchange Commission (SEC) to force a pre-trial conference or to require the filing of an additional response in its ongoing securities fraud lawsuit against the Tron Foundation and founder Justin Sun.

source https://www.coindesk.com/policy/2024/08/19/ny-judge-rejects-secs-efforts-to-stymie-trons-arguments-in-ongoing-securities-suit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin's Programmability Draws Closer to Reality as Robin Linus Delivers 'BitVM2'

source https://www.coindesk.com/tech/2024/08/15/bitcoins-programmability-draws-closer-to-reality-as-robin-linus-delivers-bitvm2/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Schumer Sets Stage for New Era of U.S. Crypto Politics

Wednesday's Crypto4Harris town hall showed Democrats are finally engaged with the industry. Still, it’s not clear what Harris thinks about crypto, or would do about it if elected.

source https://www.coindesk.com/news-analysis/2024/08/15/schumer-sets-stage-for-new-era-of-us-crypto-politics/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

The blame this time can't be laid on macro jitters as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.

source https://www.coindesk.com/markets/2024/08/15/bitcoin-tumbles-back-under-58k-as-crypto-quickly-crumbles-thursday-afternoon/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report

The Trump Organization, the holding company for former U.S. President Donald Trump’s business ventures, will soon unveil its new cryptocurrency initiative, according to a Wednesday report from the New York Post.

source https://www.coindesk.com/policy/2024/08/14/trump-organization-to-launch-a-cryptocurrency-initiative-eric-trump-says-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: Memecoin Trading Is Suddenly Trump.fun

Blockchain has gone even more ridiculous than usual over the past week, with headlines focused on Trump-themed memecoins and the Solana-based launchpad Pump.fun. PLUS: Ethereum developers tee up revamp of the EVM programming environment.

source https://www.coindesk.com/tech/2024/08/14/the-protocol-memecoin-trading-is-suddenly-trumpfun/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ghost Chains to Goldmines: How to Create Web3 Products That People Want

The incentive structure of the current blockchain ecosystem works against useful innovation. CoinDesk columnist Azeem Khan has some ideas to fix that.

source https://www.coindesk.com/opinion/2024/08/14/ghost-chains-to-goldmines-how-to-create-web3-products-that-people-want/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Democrats Make Pitch For Crypto Voters. Will Crypto Listen?

A Crypto4Harris town hall tonight aims to show the strength of Democrat commitment on digital assets.

source https://www.coindesk.com/news-analysis/2024/08/14/democrats-make-pitch-for-crypto-voters-will-crypto-listen/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Crosses $61K as Traders Remain Cautious Ahead of U.S. CPI, Further Unwinding of Yen Carry Trade

BTC beats the CoinDesk 20 during the Asia trading hours, while traders remain bullish on TON because of its GameFi integration.

source https://www.coindesk.com/markets/2024/08/14/bitcoin-crosses-61k-as-traders-remain-cautious-ahead-of-us-cpi-further-unwinding-of-yen-carry-trade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Goldman Sachs Holds Over $400M in Bitcoin ETFs

Investment banker says it owns over $400 million in bitcoin ETFs, according to a recently filed 13F.

source https://www.coindesk.com/markets/2024/08/14/goldman-sachs-holds-over-400m-in-bitcoin-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin and Crypto Go Unmentioned During Trump-Musk X Space

Bettors at one point gave an over 60 percent chance of Trump mentioning digital assets during the interview

source https://www.coindesk.com/policy/2024/08/13/bitcoin-and-crypto-go-unmentioned-during-trump-musk-x-space/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

What I Learned About Crypto’s Future From Basecamp and FWBFest

Binji Pande, who works on partnerships at Optimism Unlimited and is contributor to The Optimism Collective, visits two summer retreats and returns with insights about how crypto can get greater user adoption.

source https://www.coindesk.com/opinion/2024/08/12/what-i-learned-about-cryptos-future-from-basecamp-and-fwbfest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme

The U.S. Securities and Exchange Commission (SEC) filed suit against an alleged crypto pyramid scheme, NovaTech, and eight of its promoters on Monday, charging them with fraud and multiple violations of federal securities laws.

source https://www.coindesk.com/policy/2024/08/12/sec-files-fraud-charges-against-promoters-of-novatech-alleged-650m-crypto-pyramid-scheme/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Canto Blockchain Suffers Two-Day Outage Amid Consensus Issue

Layer-1 blockchain Canto has been offline since Saturday following a "consensus issue." The CANTO token initially dropped by 21% before recovering over the course of the weekend.

source https://www.coindesk.com/business/2024/08/12/canto-blockchain-suffers-two-day-outage-amid-consensus-issue/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ex-Bank of Japan Official Rules Out Another Rate Hike This Year

The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.

source https://www.coindesk.com/markets/2024/08/12/ex-bank-of-japan-official-rules-out-another-rate-hike-this-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week

Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.

source https://www.coindesk.com/markets/2024/08/12/bitcoin-nears-58k-in-selloff-ahead-of-busy-data-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules

Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.

source https://www.coindesk.com/markets/2024/08/12/dragonfly-cryptocom-weigh-in-on-cftcs-proposed-prediction-market-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

IRS Shares New Crypto Tax Form, Invites Industry Input

The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA.

source https://www.coindesk.com/policy/2024/08/09/irs-shares-new-crypto-tax-form-invites-industry-input/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Careers in Crypto: 5 Insights for 2024

In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024.

source https://www.coindesk.com/opinion/2024/08/08/careers-in-crypto-5-insights-for-2024/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise

OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund.

source https://www.coindesk.com/business/2024/08/08/medical-data-company-onemednet-latest-to-pursue-bitcoin-treasury-strategy-after-capital-raise/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Brazil’s Securities and Exchange Commission Approves Solana-Based ETF

The Brazilian Securities and Exchange Commission (CVM) has approved a Solana-based exchange-traded fund (ETF), the agency disclosed in its central database.

source https://www.coindesk.com/policy/2024/08/08/brazils-securities-and-exchange-commission-approves-solana-based-etf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Protocol Village: Validation Cloud Supports Stellar Full Archive Nodes, Nillion Partners With AI Network Ritual

source https://www.coindesk.com/tech/2024/08/08/protocol-village/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case

A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.

source https://www.coindesk.com/policy/2024/08/07/judge-fines-ripple-125m-bans-future-securities-law-violations-in-long-running-sec-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains

An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.

source https://www.coindesk.com/markets/2024/08/07/crypto-turns-broadly-lower-in-us-afternoon-trade-as-stocks-give-away-gains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns

The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.

source https://www.coindesk.com/markets/2024/08/07/bitcoins-impending-death-cross-may-trap-bears-as-bank-of-japan-eases-rate-concerns/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Post WazirX Hack, India's CoinDCX Starts Investor Protection Fund With $6M

Indian crypto exchange CoinDCX's co-founder Sumit Gupta has told CoinDesk that his company has established an investor protection fund, saying that if other exchanges did this too "it would be better for the eco system."

source https://www.coindesk.com/policy/2024/08/06/post-wazirx-hack-indias-coindcx-starts-investor-protection-fund-with-6m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Semler Scientific Studied MicroStrategy’s Success Before Adopting Bitcoin Strategy

It was more than two years before Bitcoin's birth when Dr. Herbert Semler, who served as a flight surgeon in the Korean War before leading cardiology at a Portland hospital, co-founded Semler Scientific in 2007.Seventeen years later, the medical device manufacturer has converted much of its cash holdings to bitcoin and aims to buy a lot more.

source https://www.coindesk.com/news-analysis/2024/08/06/semler-scientific-studied-microstrategys-success-before-adopting-bitcoin-strategy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request

Lawyers for the U.S. Securities and Exchange Commission (SEC) are pushing back against what they describe as Coinbase’s “breathtakingly broad” subpoena requests searching for “essentially all documents that in any way relate to crypto.”

source https://www.coindesk.com/policy/2024/08/06/sec-asks-ny-court-to-deny-coinbases-breathtakingly-broad-subpoena-request/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash

Bitcoin's 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there's been multiple occasions of similar drawdowns during previous bull markets.

source https://www.coindesk.com/markets/2024/08/05/bitcoin-bounces-to-53k-after-brutal-sell-off-reminiscent-of-covid-crash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Is Bitcoin Still a Store of Value?

It depends on what you're trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe.

source https://www.coindesk.com/markets/2024/08/05/is-bitcoin-still-a-store-of-value/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Continues to Bleed, Falls Below $50K

Ether prices also fell to $2.2K.

source https://www.coindesk.com/markets/2024/08/05/bitcoin-continues-to-bleed-falls-below-50k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Futures Witness $840M in Liquidations as Bitcoin Nosedives, Ether Records Biggest Fall Since 2021

A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom.

source https://www.coindesk.com/markets/2024/08/05/crypto-futures-witness-840m-in-liquidations-as-bitcoin-nosedives-ether-records-biggest-fall-since-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether Slides 20% as Trading Firm Moves $46M in ETH

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.

source https://www.coindesk.com/markets/2024/08/05/ether-slides-20-as-trading-firm-moves-46m-in-eth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets

Japan's Nikkei fell more than another 6% early Monday, bringing that index's three-day decline to about 15%.

source https://www.coindesk.com/markets/2024/08/05/bitcoin-tumbles-to-53k-ether-turns-negative-for-2024-as-panic-grips-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

On-Device Proofs Solve DePIN Verification Challenges

Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab.

source https://www.coindesk.com/opinion/2024/08/02/on-device-proofs-solve-depin-verification-challenges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks

Former President Donald Trump heaped more praise on the "very, very smart people" of the crypto industry in an interview broadcast on Friday, suggesting that the U.S. embracing Bitcoin could aid in addressing the $35 trillion U.S. national debt. Though Vice President Kamala Harris, his presumptive Democratic opponent in the presidential race, hasn't yet made any policy statements about her own view on cryptocurrency, one of her campaign accounts on X – the "rapid response" campaign effort – seemed to slam Trump's view by airing his comments.

source https://www.coindesk.com/policy/2024/08/02/as-trump-suggests-crypto-as-a-fix-to-us-debt-harris-camp-highlights-his-remarks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

How DePINs Address AI's GPU Gap and Ethics Problems

The future of AI depends on our ability to build a more inclusive, equitable, and decentralized computational landscape, says Mark Rydon, co-founder of Aethir.

source https://www.coindesk.com/opinion/2024/08/02/how-depins-address-ais-gpu-gap-and-ethics-problems/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates

The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit.

source https://www.coindesk.com/business/2024/08/01/bitcoin-miner-marathons-shares-tumble-after-revenue-unexpectedly-misses-wall-streets-estimates/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500

MicroStrategy reported second-quarter earnings on Thursday.

source https://www.coindesk.com/business/2024/08/01/microstrategy-posts-gainloss-on-impairment-charge-in-q2-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve

source https://www.coindesk.com/markets/2024/08/01/defi-protocol-convergence-hacked-cvg-token-plunges-99-on-curve/?utm_medium=referral&utm_source=rss&utm_campaign=headlines