Bitcoin Rallies Keep Getting Quickly Sold — What’s Up?
The world’s largest cryptocurrency is lacking sustained momentum, the price selling off shortly after each attempted leg higher.
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Aragon Mulled Sale of Crypto Project, Leaked Screenshot Shows
One of the biggest crypto projects building tools to support decentralized governance is trying to get out of its own governance pickle.
Early Base Whales Have an Affinity for Meme Tokens, Nansen
The top 22 depositors to Base as of July 31 have allocations in a telegram trading bot token, several meme tokens and an on-chain casino token.
Animated Series Futurama Takes Characters to ‘Doge City,’ Mocks Crypto Miners
Popular animated science fiction show Futurama gave a glimpse into what it thinks the future of crypto could look like in its latest episode called “How the West Was 101001” by mocking crypto miners.
Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase
The Bank of England has also started recruiting for its central bank digital currency engagement forum.
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.
Former FTX Exec Ryan Salame Talking to Prosecutors About Plea Deal: Bloomberg
It was not known whether Salame would cooperate with prosecutors and testify against FTX co-founder and CEO Sam Bankman-Fried.
Bavaria’s Data Regulator Had Not Concluded Assessment of Worldcoin When the Project Launched
The Sam Altman co-founded project has been shut down in Kenya over privacy concerns.
Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, Justice Department Says
The U.S. Department of Justice still plans to argue that Sam Bankman-Fried conducted an “illegal campaign finance” scheme when it goes to trial in October, prosecutors said Tuesday, two weeks after saying they couldn’t bring a campaign finance charge against the FTX founder due to treaty obligations.
Crypto News Today: PayPal’s Stablecoin Debut, Worldcoin’s Kenyan Hurdles, and More
From PayPal’s entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy.