Bitcoin's 10% 'god candle' hints at $130K next — Analyst
Bitcoin prints a “god candle” to all-time highs in what traders say is a good start to an “interesting week.”
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Filecoin tests pave way for Ethereum fee restructure
FIlecoin has been testing EIP 1559 which aims to tackle high network fees on Ethereum. A long anticipated Ethereum Improvement Proposal (EIP) which aims to tackle high network fees is currently being tested on the Filecoin network.A proposal to change Ethereum’s fee structure has been in the pipeline since first being suggested in April 2019.…

SEC proposes tougher rules as part of its crypto custody crackdown
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to serve as digital asset custodians in the future.The proposal, which is yet to be officially approved by the SEC, recommends amendments to the “2009 Custody Rule” will…

Breaking free from global liquidity silos: New technology changes the game
Economists, pundits, institutions and investors often talk about the global financial system. When stocks go up and trade thrives, they applaud its contributions to prosperity; when the markets crash and stocks dip, they blame its inhuman scale or its untrustworthy manipulators. But anyone who has attempted to diversify their portfolio with foreign stocks or acquire…

Crypto wallets in 2021: From hot to cold, here are the options
After another jump in the price of major cryptocurrencies at the end of 2020, crypto enthusiasts began to mine, sell and buy currencies with renewed vigor — which means that nowadays, the topic of custodying cryptocurrencies is more relevant than ever. But unlike the past bullish waves, this time many users are also concerned with…

Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact.

1inch, Celsius (CEL) and PancakeSwap (CAKE) rally as traders return to DeFi
Bitcoin’s (BTC) range-bound action since its breakdown at the $61,000 level has confused analysts. Some are projecting that a sharper correction could be in development while others remain steadfast in their belief that the uptrend will resume shortly. According to data from Ecoinometrics, history suggests that Bitcoin price breaks out between 300 and 350 days following a…

Hong Kong turns to Japan for advice after ‘mind-boggling’ Web3 influx
Hong Kong is looking to Japan for guidance to become a friendly environment for cryptocurrency following an overwhelming response to Web3 investment. Own this piece of history Collect this article as an NFTIn light of Hong Kong’s commitment to developing cryptocurrency infrastructure, a FinTech official King Leung has visited Japan to talk with policymakers and…

Ukraine: Crypto Miners Arrested for Compromising Nuclear Plant Security
The Security Service of Ukraine (SBU) has arrested power plant operators for mining cryptocurrency in the Yuzhoukrainsk nuclear power plant facility. English-language Ukrainian news site UNIAN reported the details of the arrest on Aug. 21. According to the report, the crypto miners compromised the nuclear facility’s security via their mining setup’s internet connection. Due to the…