Brazil to review Elon Musk’s X ban after $5M fine payment
Social media platform X could soon be restored in Brazil after paying fines, appointing a new legal representative and blocking certain user accounts at the court’s request.
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Evolve wins second Canadian Bitcoin ETF as Ontario regulator approves application
Evolve Funds Group Inc has received approval to list its Bitcoin ETF. The new asset will trade under the ticker symbols “EBIT” and "EBIT.U" and provide direct exposure to BTC. 1355 Total views 9 Total shares North America’s second Bitcoin (BTC) exchange-traded fund received regulatory approval on Tuesday, offering another potential entry point for institutional investors…

Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel
In the latest Cointelegraph video debate, experts discuss pathways towards making Bitcoin more sustainable. 387 Total views 20 Total shares In the latest Cointelegraph Crypto Duel, founder of Digiconomist Alex de Vries and CEO and founder of Blockchain for Climate Joseph Pallant debated the intensity of Bitcoin’s footprint and possible paths forward to reduce it. As…

Researchers: Bitcoin Price Drop Not Caused by $3B Ponzi BTC Dump
Bitcoin’s (BTC) recent price drop has not been caused by Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme PlusToken, according to researchers at crypto analytics firm TokenAnalyst. Crypto analytics firm: PlusToken cannot be the cause As Bloomberg reports on Aug. 15, co-founder of London-based cryptocurrency analytics firm TokenAnalyst, Sid Shekhar, said that a Bitcoin dump by…

Stripe, PayPal are ‘primary catalysts’ for stablecoin growth — Polygon Labs
Stablecoins have ballooned into a $230-billion industry, which is equivalent to more than 1% of the US money supply.

Goldman Sachs CEO believes Bitcoin regulations are set for a ‘big evolution’
Goldman Sachs CEO David Soloman has forecast a big evolution in how the U.S. government regulates cryptocurrency. 4923 Total views 24 Total shares David Solomon, CEO of Goldman Sachs has forecast a “big evolution” in how the U.S. government regulates Bitcoin and other cryptocurrencies, in relation to financial institutions. In an interview with CNBC today,…

Crypto Exchange Bitfinex Unveils Anti-Manipulation Tool ‘Shimmer’
Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.”According to an announcement shared with Cointelegraph on March 24, Shimmer is meant to identify and investigate possible manipulative behaviours and suspicious trading on Bitfinex. The exchange expects that the integration of the tool with its matching engine…

Bitcoin has hit all-time highs against numerous world currencies
Bitcoin has broken record levels against at least nine world currencies as its USD price marches toward $20,000. 219 Total views 2 Total shares Bitcoin (BTC) is just a few thousand dollars from its all-time high near $20,000 USD. While much of the crypto industry watches Bitcoin’s price action in U.S. dollar terms, however, BTC…

Do Kwon to reportedly appeal against court’s decision to extend detention
A legal representative of Kwon confirmed the appeal against the Montenegrin court’s decision to detain the entrepreneur for 30 days longer than usual. 516 Total views 2 Total shares Own this piece of history Collect this article as an NFTFollowing his arrest in Montenegro while attempting to fly using fake documents, Terraform Labs co-founder Do…