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The Latest Breaking News from Crypto

BAYC NFT Sells For 777 ETH - Zero To Hero NFT Grows 6,600% In Price Amid Crypto Slump

The NFT space continues to be impacted and feeling the heat even more. Coming into the third week of August, the global sales volume for NFT is around $639 million. With that, this could be the third consecutive month that NFT sales fall below the $1 billion mark.

Benzinga

Why Is Bitcoin Plunging? No Signs Of A Flash Crash But This Pattern May Be The Culprit

Bitcoin (CRYPTO: BTC) dropped bearishly through a falling channel pattern on the daily chart during Friday’s 24-hour trading session, which is the opposite of how the crypto has reacted to the same pattern since mid-July.

Benzinga

Want A Great Economic Barometer? Look No Further Than The Comedy Business

Fundamentally, many would argue that the economy is headed for a recession. How deep, however, is that which is up for more debate, usually. However, there are some pockets of the economy that would completely disagree.

Benzinga

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Crypto analyst warns of 2008 financial crash-style ‘domino effect’ as Bitcoin prices plunge

At least 10 crypto firms have gone bust or have suspended withdrawals since the beginning of the year

Evening Standard

Another Singapore crypto firm in trouble

SINGAPORE: The beleaguered cryptocurrency lender Hodlnaut says it is the subject of “pending proceedings” involving Singapore police and that it has slashed its workforce.

Bangkok Post

Crypto's collapse isn't solving the ransomware problem

Ransomware attackers collect their payments in Bitcoin, but the crypto crash hasn't slowed them.

Axios

Bored Ape Yacht Club Loan Deathspiral Could Nuke Entire NFT Market, Warns Crypto Analyst

A series of Bored Ape Yacht Club (BAYC) loan liquidations on NFT liquidity pool BendDAO could wipe out the entire NFT market, warned pseudonymous crypto analyst “doubleQ."

Benzinga

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FTX Crypto Cup chess: No stopping Praggnanandhaa as he makes it four wins in a row, beats Levon Aronian

MIAMI: Indian prodigy R Praggnanandhaa handed world No. 6 Levon Aronian a 3-1 thrashing in the fourth round to notch up his fourth consecutive win in the FTX Crypto Cup, the American finale of Champions Chess Tour, on Friday.

The Times of India

Drug trade thrives in darknet

Drug traffickers have gone hi-tech and are using dark web, social media and crypto currency to carry on their activities clandestinely, reveals a police investigation following a drug bust

The Hindu

Bitcoin, Ethereum, Dogecoin Rangebound — But Analyst Says This Upcoming Event Could End The 'Vacation'

Major coins remained under pressure in the aftermath of the release of minutes from the U.S. Federal Reserve’s July policy meeting as the global cryptocurrency market cap fell 1.3% to $1.1 trillion.

Benzinga

If Crypto Is 'Too Big To Fail,' Secure Infrastructure Is Needed, Prime Trust Exec Says

Benzinga, a media and data provider bridging the gap between retail and institutional investors, is bringing back its annual Global Fintech Awards event to New York City on Dec. 8, 2022.

Benzinga

Benzinga Before The Bell: Tesla Model Y Delivery Wait Time Shortened In China, Mark Zuckerberg's Sister Emphasizes On Evolution Of Web3, Amazon Succumbs To TikTok Fever And Other Top Financial Stories Thursday, August 18

CNBC

Benzinga

FTX Crypto Cup: Praggnanandhaa beats Nieman in 3rd round

MIAMI: Young Indian Grandmaster R Praggnanandhaa beat Hans Nieman 2.5-1.5 in the third round to notch up a third straight win in the FTX Crypto Cup, the American finale of Champions Chess Tour, here on Thursday.

The Times of India

FTX Crypto Cup: Praggu makes it three in-a-row

Young gun R Praggnanandhaa and Magnus Carlsen shared the lead after Round 3 of the FTX Crypto Cup encounters in Miami on Wednesday.

The Times of India

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Benzinga

Bitcoin, Ethereum, Dogecoin Drop As FOMC Meeting Restores Worries: Analyst Warns We Could Be In For A 'Big Dump'

Top cryptocurrencies declined Wednesday evening as the global cryptocurrency market cap fell 2.4% to $1.1 trillion.

USA Today Sports Media Group

Inspired by Luke Rockhold, Francis Ngannou vents UFC sponorship frustrations: ‘I lost a deal of over a million dollars’

The UFC heavyweight champion vented frustrations about fighter pay.

Input

The NFL is getting even cozier with crypto companies

Fans can now purchase suite tickets to Houston Texans games using digital currencies.

Benzinga

Benzinga Before The Bell: More Amazon Workers Join Union Over Pay and Work Conditions, UK Inflation Highest In 40 Years, Sole Monkeypox Vaccine Maker Finds It Difficult To Meet Accelerating Demand And Other Top Financial Stories Wednesday, August 17

CNBC BlackRock To Pledge A$1B In Australian Battery Storage Assets – Report

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Benzinga

Dogecoin Daily: Rally Fades Yet Again, Has The Apex Meme Coin Hit A Wall Of Resistance?

Dogecoin (CRYPTO: DOGE) traded 4.65% lower at $0.083 over 24 hours leading up to early Wednesday morning. DOGE traded lower in tandem with other major coins as the global cryptocurrency market cap fell 1% to $1.14 trillion at press time.

The Guardian - UK

TechScape: Why can’t crypto exterminate its bugs?

‘Provenance hashes’ and bug bounties are supposed to protect platforms. Why do so many flaws in crypto and open-source projects fester for years?

The Hindu

FTX Crypto Cup | Praggnanandhaa beats Anish Giri, notches up second straight win

With each victory over the four rapid games worth $7500, Praggnanandhaa has already ensured $15,000

Asharq Al-Awsat

South Korean Founder of Failed Terra Coin Admits He Was 'Wrong'

The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators. The dramatic disintegration of stablecoin TerraUSD and its sister token Luna -- which both…

The Times of India

FTX Crypto Cup: Praggnanandhaa beats Giri, notches up second straight win

MIAMI: Young Indian Grandmaster R Praggnanandhaa continued his fine run in the FTX Crypto Cup, the American finale of Champions Chess Tour, beating Anish Giri of the Netherlands 2.5-1.5 in the second round here on Wednesday.

The Times of India

FTX Crypto Cup: Praggu defeats Anish, shares lead with Carlsen

World No. 1 Magnus Carlsen and young gun R Praggnanandhaa made it two wins out of two on Tuesday at the FTX Crypto Cup in Miami.

Benzinga

Bitcoin, Ethereum Lag Behind As Dogecoin Becomes Top Gainer — Why One Analyst Thinks 'Things Could Get Ugly' Soon

Bitcoin and Ethereum traded in negative territory Tuesday evening as the global cryptocurrency market cap fell 0.7% to $1.14 trillion.

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