Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation
Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform.
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Magic Internet Money races past $1B, sets sights on MakerDao
Abracadabra Money enables users to provide collateral via interest-bearing bearing tokens and borrow the Magic Internet Money stablecoin against their holdings. Abracadabra Money’s stablecoin Magic Internet Money (MIM) has surged past a $1 billion total supply this month as the project works to provide competition to MakerDAO. Abracadabra is a cross-chain stablecoin lending protocol that…

Major Mining Pool F2Pool Publishes List of Minimum Prices for Profitable Crypto Mining
The CEO of China-based crypto mining pool F2Pool posted a company-branded infographic September 6 that indicates at what minimum price points the mining of various cryptocurrencies becomes unprofitable.Shixing Mao, co-founder and CEO and of the world’s sixth largest mining pool F2Pool, published a list of price levels for major cryptocurrencies, such as Bitcoin (BTC), Ethereum…

Bad Day for Stocks Sends Bitcoin Price Below Key $9.3K Support
Bitcoin price dropped below $9,200 as stocks were rattled by the U.S. Supreme Court decision on President Trump’s tax returns. 1642 Total views 22 Total shares Today Bitcoin (BTC) price abruptly dropped 2.93% to $9,160 before traders stepped in to push the price back to the $9,200 level.Crypto market weekly price chart. Source: Coin360The mild…

Open Blockchains Aren’t Secure Enough for Enterprises, Says Salesforce Exec
Security concerns surrounding public blockchains may be enough to dissuade enterprises from adopting the tech, according to a Salesforce exec. 4979 Total views 44 Total shares Salesforce’s SVP for emerging technology, Adam Caplan, says that is difficult for enterprises to place trust in public blockchains as they do not offer any access and governance controls.During…

Global GPU price drops to compensate for falling Bitcoin mining revenue
The meteoric drop in GPU prices opened up a small window of opportunity for small-time miners to procure a piece of more powerful and efficient mining equipment. 446 Total views 7 Total shares As a direct result of falling Bitcoin (BTC) prices, total revenue earned by miners in transaction fees and mining rewards dropped to…

Vitalik Buterin claws back crypto community's right to redefine 'inflation'
The Ethereum co-founder asserts the crypto community's right to redefine "inflation" as the increase in currency supply, challenging traditional economic definitions and addressing misinformation.

Bitcoin tags $100K despite warning Fed rate cut pause 'here to stay'
Bitcoin decides that bad news is good news as a mixed US employment outlook sends BTC price action back to six figures.

Only 17% of Russians would agree to store more than $200 in CBDC
The most common hindrances cited include insufficient information about the technology (22%) and concerns about cybertheft and system failures (21%). 120 Total views 1 Total shares According to a recent survey conducted by the joint team of Saint Petersburg Exchange and the Russian Trading System (RTS), more than half of Russian citizens are willing to…