Central African Republic video flagged ‘suspicious’ as token hits $527M
Faustion-Archange Touadera has announced the launch of an official memecoin for the Central African Republic on X, but skeptics and two AI deepfake detectors are dubious.
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Fake News Circulating in China Suggested to Be Responsible for Bitcoin SV Price Surge
Co-founder of cryptocurrency investment holding firm Primitive Ventures Dovey Wan suggested that fake news circulating in China may be responsible for yesterday’s bitcoin sv (BSV) price surge. Wan posted about the fake news in a tweet on May 29.According to Wan, a screenshot circulating on Chinese social media showed a fake article about self-proclaimed bitcoin…

Diamonds Standard Co. uses precious gems to back payment network
Diamond Standard Co. has introduced a blockchain payments system that uses diamonds as backing collateral for transactions.

Crypto advocates file brief against SEC's investor tracking database
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.

Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%
BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021.

Jack Dorsey Donates 28% of His Wealth to Global COVID-19 Relief
Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter:Source: TwitterThe fund’s efforts will initially focus fighting the global pandemic currently dominating the news cycle, but will…

US Congress Schedules Sept. 24 Hearing With SEC — Crypto on the Agenda
The United States House of Representatives Committee on Financial Services has scheduled a hearing with Securities and Exchange Commission (SEC) Chairman Jay Clayton and four other SEC commissioners to discuss, among other topics, crypto.In a memorandum from Sept. 19, the Committee on Financial Services stated that it will hold a hearing on Sept. 24 entitled “Oversight…

Decentralized insurance protocol Cover holds vote to cover Pickle hack
If the vote passes, the claim will move to a validity committee to approve a possible payout of $340,000. 495 Total views 7 Total shares In what might be an important step towards the maturation of the decentralized insurance space, a claim was filed yesterday with DeFi insurance protocol Cover following the $19 million Dai…

Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, LTC, DASH
Bitcoin (BTC) has made a stellar comeback from its March lows in 2020 and this performance is getting noticed by institutional investors. Recently Rick Rieder, BlackRock’s CIO of fixed income, said that Bitcoin could replace gold as it is “more functional than passing a bar of gold around.”Comments like these are a positive sign as…