Crypto

Source: Bitcoinist Global exchange Binance has addressed the “misleading” claims made by hacked trading platform WazirX, denying any involvement with the Indian exchange and demanding “accountability” from its team after the $235 million crypto heist. The clarification comes after WazirX’s team suggested that users might have to wait until the dispute between the hacked exchange’s…

Source: Coin Tegraph Crypto influencer “Professor Crypto” deleted posts of him celebrating the award shortly after being accused of using bots to boost his following. Read Full Article

Source: Bitcoinist By being the first Asian bank providing over-the-counter (OTC) crypto options and structured notes, Singapore’s DBS Bank is creating waves in the financial industry. Originally scheduled for Q4 2024, these products will mostly target institutional investors and accredited wealth clients, giving them more investment options connected to significant cryptocurrencies like Bitcoin and Ethereum….

Source: Coin Tegraph RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present. Read Full Article

Source: Coin Tegraph One center will focus on developing industry standards for responsible AI use, while the other will support projects that address “key societal goals.” Read Full Article

Source: Bitcoinist A recent buzz on the X (formerly Twitter) social media platform has sparked speculation that the XRP price could hit $1,000. However, a crypto pundit has slammed these overly inflated and seemingly unrealistic predictions, pointing to market capitalization and the coin’s current fundamentals as clear obstacles to such a price surge.  Analyst Criticizes…

Source: Coin Tegraph A popular gaming content creator shows that you can get married to the one you love in a game you love, Immortal Rising 2 racks up over 400,000 pre-registrations before its launch, and other news. Read Full Article

Source: Coin Tegraph Solana needs to hold above the crucial $120 support to avoid a potential correction below $100, according to market analysts. Read Full Article

Source: Coin Tegraph US Representatives Tom Emmer and Patrick McHenry gave Gary Gensler until the end of the month to answer questions about the SEC’s approach to crypto airdrops.  Read Full Article

Source: Bitcoinist Bitcoin is at a crucial point after several days of recovery and consolidation. On August 5, it experienced a sharp capitulation event, with the price dropping to a monthly low of $49,577. While some investors remain skeptical, believing Bitcoin hasn’t reached its bottom yet, key data from CryptoQuant suggests that the worst might…