A classic 'Rektember?' 5 Things to know in Bitcoin this week
BTC price performance starts September off in the standard way — but not every Bitcoin market take is bearish on what comes next.
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Diem co-creator leaving Facebook for Planet Labs
Kevin Weil has previously said that the launch of the Facebook-backed stablecoin would be "a journey of years and decades." 1437 Total views 2 Total shares Kevin Weil, the vice president of product at Facebook's digital wallet unit and one of the creators of the Libra token, now called Diem, will be leaving the social…

Morpher Labs attempts to crack knotty prediction market problems
On August 31, 2020, Morpher Labs announced the launch of its flagship Ethereum-based contract trading and prediction market platform, Morpher, with the stated goal of providing users unlimited access to long-and-short trades of real-world stocks, commodities, and FOREX markets. The technical obstructions of such a goal, however, have historically proven tricky to navigate. In a recent interview…

US consumer watchdog mulls applying e-banking laws to crypto
The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. 53 Total views 1 Total shares The top United States agency for consumer financial protection is considering applying the Electronic Fund Transfer Act (EFTA) to crypto, in an attempt to protect

Bitcoin Breakout Hopes, R.I.P. TON, Trump Threatened: Hodler’s Digest, May 11–17
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin price charts hint at the most exciting breakout in over a…

$27M of Sushi funds could disappear at the drop of a chef’s hat
Research into Sushi's wallets reveal the admin holds the keys to $27 million worth of tokens. Analysis of hot DeFi protocol SushiSwap’s smart contracts has revealed that as much as $27 million worth of the native token is in an admin wallet that could be dumped without warning.Data analyst and partner at Cinneamhain Ventures, Adam…

It looks like the SEC isn’t done with trading app Abra just yet
The SEC's investigation into the crypto trading firm, which paid fines of $300,000 in July, apparently continues. Back in July, the Securities and Exchange Commission alongside the Commodity Futures Trading Commission fined investment app Abra for providing trading on synthetic assets. At the time, that looked like the end of the matter. However, in response to…

Binance leaving Russian market is ‘on the table’: Report
A Binance spokesperson reportedly said the global cryptocurrency exchange was considering all options in regard to Russia, “including a full exit.” 106 Total views 4 Total shares Cryptocurrency exchange Binance may be considering withdrawing its services from Russia amid sanctions from countries including the United States.According to an Aug. 28 report from The Wall Street…

Hackers steal $3.5M worth of digital assets from GMX whale
The hackers took control of 82,519 GMX tokens and exchanged the assets for 2,627 Ether, and then transferred the assets to the Ethereum network using Hop Protocol and Across Protocol. Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTHackers have started the year with another exploit, with several million being taken from a whale…