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The Latest Breaking News from Crypto

'You've Kept Rates Too High for Too Long,' Dem Senators Demand Interest Rate Cuts from Fed

Three Democratic senators, led by Elizabeth Warren, have called on interest rate cuts from the Federal Reserve at its upcoming meeting this week.

International Business Times

Hydrogen Hyped by Lobbyists and Lawmakers Across the Country, Despite Concerns

Here are the most environmentally friendly banks in the U.S. — is yours on the list?

Capital & Main

Gensler's Crypto Stance Could Cost Biden 2024 Election: Mark Cuban

Mark Cuban is convinced that both Joe Biden and Donald Trump have no deep understanding of the crypto sector, but he believes the incumbent President has more to lose in the upcoming election, and it could be because of the way SEC chief Gary Gensler has treated the crypto sector.

International Business Times

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Things That Matter In Crypto Security: A Guide for Beginner Traders

Security is the bedrock for cryptocurrency traders. Imagine leaving your house unlocked in a neighbourhood filled with tech-savvy burglars. That’s what it’s like trading or holding crypto without understanding security basics.

inkl

Uniswap Labs acquires Crypto: The Game—‘It’s ballooned into this 24/7 crypto reality show’

Crypto: The Game has been likened to the Web3 version of "Squid Game."

Fortune

From Dogecoin to SHIB: The Rise and Resilience of Memecoins in Crypto

Memecoins, despite the inherent risks, their fair launch mechanisms and community-driven nature make them an intriguing facet of the crypto ecosystem.

International Business Times UK

Q&A with the author of The Trolls of Wall Street: Gambling, conspiracies and the return of Roaring Kitty

An interview with Nathaniel Popper, a former New York Times journalist, as meme stocks roar back into the headlines.

Fortune

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Crypto Industry Now In 'Early Majority' Phase: Binance CEO After Exchange Hits 200M Users

Binance CEO Richard Teng said the digital assets giant's recent achievement is not just the exchange's victory, but also a win for the broader crypto industry that has now reached a pivotal stage of growth.

International Business Times

DOGE Fans Erupt After Ripple CEO Says Dogecoin Hasn't Done Anything Good For Crypto

Fans and users of DOGE blasted Ripple CEO Brad Garlinghouse after his comments during last week's Consensus 2024 event about the world's top memecoin emerged.

International Business Times

$BRETT Passes $1.9B Market Cap After KuCoin, Uphold Listings

BRETT, the king of memecoins on Ethereum layer 2 blockchain Base, nearly reached a $2 billion market cap Sunday night, triggering a wave of celebrations among crypto users who invested in the iconic digital token.

International Business Times

Up 74% YTD, is This Cathie Wood Stock Overvalued?

Robinhood stock is on an absolute tear in 2024, rising over 74% year-to-date. Is this Cathie Wood stock overvalued, or a good momentum stock to buy right now?

Barchart

Trump Promotes Himself As 'Crypto President' At Tech Fundraiser In San Francisco

Trump raised $12 million from the fundraiser hosted by tech venture capitalists David Sacks and Chamath Palihapitiya at Sacks' home.

International Business Times

New York sues two crypto companies over $1 billion pyramid schemes targeting Latino migrants

The indictment says the scammers exploited the immigrants' religious faith

Latin Times

Trump hauls in $12 million from San Francisco’s conservative crypto bros

Republican warmly received by Silicon Valley investors despite recent criminal conviction

The Independent UK

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Fortune

Iggy Azalea is cashing in on crypto, as her ‘memecoin’ makes $194 million in one week

Celebrities are turning to memecoins to monetize and engage with their fanbase without a middleman.

Fortune

How a young crypto VC fell from grace

Yida Gao raised $200 million for his venture fund Shima but has since lost the trust of his backers.

TechRadar

Docker instances targeted in major cryptojacking scam

"Commando Cat" campaign exploited vulnerabilities in Docker configurations while evading detection by security software.

International Business Times

New York AG Files $1B Lawsuit Against NovaTech, AWS Mining Over Crypto 'Pyramid Schemes'

New York's Attorney General has filed a billion-dollar lawsuit against AWS Mining and NovaTech for allegedly defrauding thousands of New Yorkers out of millions worth in cryptocurrencies.

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Fortune

A crypto wunderkind’s $200 million fund had the backing of investors like Bill Ackman and Galaxy. Then everything went south

An investigation into Shima Capital and its founder, Yida Gao.

International Business Times

Crypto Community Divided After Robinhood Announces $200M Acquisition Of Bitstamp

Robinhood will acquire crypto exchange Bitstamp – the announcement has had the crypto community divided, with some unsure if the move will be beneficial for the sector or not.

International Business Times

Franklin Templeton Reportedly Mulls New Altcoin Crypto Fund

Franklin Templeton has been in the crypto space for several years now and it appears the asset management giant isn't slowing down as a new report revealed that it is considering the launch of an altcoin-based crypto fund.

Fortune

Robinhood defies the SEC by forking over $200 million for a crypto exchange

The company, which received a Wells Notice from the SEC in May, touted the move as “a major step in growing our crypto business.”

The Conversation

Cryptocurrencies use massive amounts of power – but eco-friendly alternatives come with their own risks

As the urgency of climate change ramps up, focus is increasing on digital currencies to address their environmental impact.

Fortune

Robinhood just made a very big bet on crypto: What the $200 million Bitstamp deal means for the company

The acquisition is a risky one but could pay off by giving Robinhood access to new markets.

Fortune

He taught at MIT, worked at Morgan Stanley, and convinced Bill Ackman and Galaxy to back his $200 million crypto fund by his early 30s. His future is now in jeopardy

How Shima Capital’s fast-and-loose approach to compliance alienated its backers and could run afoul of the SEC.

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