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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Coinbase’s Layer-2 Base and Optimism Collective Partner in Revenue and Governance Collaboration: Optimism Collective and Layer 2 Base have announced a strategic partnership aimed at fostering revenue sharing and governance cooperation.

👉Details: https://coinmarketcap.com/alexandria/article/coinbases-layer-2-base-and-optimism-collective-partner-in-revenue-and-governance-collaboration

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🗞 CryptoNews of the Day 🗞

Central African Republic Considers Natural Resources Tokenization, Despite Removing Bitcoin as Legal Tender Earlier This Year: Despite the underwhelming response to its native digital currency, Sango Coin, the Central African Republic (CAR) is embarking on a new initiative to tokenize its abundant natural resources.

👉Details: https://coinmarketcap.com/alexandria/article/central-african-republic-considers-natural-resources-tokenization-despite-removing-bitcoin-as-legal-tender-earlier-this-year

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🗞 CryptoNews of the Day 🗞

Singapore’s DBS Bank Launches 'DBS BetterWorld' Metaverse Experience in The Sandbox, Aims To Tackle Food Waste: The largest bank in Singapore, DBS Bank, has developed a novel metaverse experience within The Sandbox that will be made available to the general public by the end of the year.

👉Details: https://coinmarketcap.com/alexandria/article/singapores-dbs-bank-launches-dbs-betterworld-metaverse-experience-in-the-sandbox-aims-to-tackle-food-waste

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🗞 CryptoNews of the Day 🗞

Nvidia Market Cap Surpasses Total Crypto Market After Announcing Record Profits: Nvidia, the renowned chipmaker, has achieved a remarkable feat this week as its market capitalization reached $1.18 trillion, surpassing the entire cryptocurrency market's valuation.

👉Details: https://coinmarketcap.com/alexandria/article/nvidia-market-cap-surpasses-total-crypto-market-after-announcing-record-profits

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🗞 CryptoNews of the Day 🗞

Former New Jersey Corrections Officer Charged for Crypto Scam Targeting Police Officers and First Responders: John A. DeSalvo, a former lieutenant from the New Jersey Department of Corrections, has been accused by the U.S. Securities and Exchange Commission (SEC).

👉Details: https://coinmarketcap.com/alexandria/article/former-new-jersey-corrections-officer-charged-for-crypto-scam-targeting-police-officers-and-first-responders

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Circle’s USDC Expanding to Six New Blockchains via Noble Network: Circle Internet Financial, the sole overseer of the USDC stablecoin, is reportedly gearing up to unveil the stablecoin's integration onto six additional blockchains.

👉Details: https://coinmarketcap.com/alexandria/article/circles-usdc-expanding-to-six-new-blockchains-via-noble-network

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🗞 CryptoNews of the Day 🗞

Bitcoin Investors Feel the Heat as Nearly 90% of Short-Term Holders Face Losses Amid Sell-off: Recent on-chain data reveals that Bitcoin (BTC) investors who seek short-term gains and are sensitive to rapid market movements are currently facing significant losses.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-investors-feel-the-heat-as-nearly-90percent-of-short-term-holders-face-losses-amid-sell-off

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Shibarium, Shiba Inu's Layer-2 Network, Prepares for Relaunch with Enhanced Features: After facing initial challenges during its launch last week, Shibarium, the Layer-2 network associated with the Shiba Inu project, is gearing up for a relaunch.

👉Details: https://coinmarketcap.com/alexandria/article/shibarium-shiba-inus-layer-2-network-prepares-for-relaunch-with-enhanced-features

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Former OpenSea Head of Product Sentenced to Three Months in Prison for Insider NFT Trading: Nathaniel Chastain, the former head of product at OpenSea, has been sentenced to three months in prison after being convicted of fraud and money laundering.

👉Details: https://coinmarketcap.com/alexandria/article/former-opensea-head-of-product-sentenced-to-three-months-in-prison-for-insider-nft-trading

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Critical Vulnerability in Decentralized Exchange Balancer Sparks Withdrawal Rush of Almost $100M: A significant security breach has hit one of Ethereum's prominent decentralized crypto trading platforms, Balancer.

👉Details: https://coinmarketcap.com/alexandria/article/critical-vulnerability-in-decentralized-exchange-balancer-sparks-withdrawal-rush-of-almost-dollar100m

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Coinbase Acquires Minority Stake in Circle, Which Will Be Sole Issuer of USDC: Coinbase's acquisition of a minority stake in Circle Internet Financial has resulted in the dissolution of Centre Consortium.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-acquires-minority-stake-in-circle-which-will-be-sole-issuer-of-usdc

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🗞 CryptoNews of the Day 🗞

FBI Seized Over $1.7M in Crypto Assets Between March to July 2023: FBI recently reported that between March and July of this year, the agency had seized cryptocurrencies worth over $1.7 million owing to violations of federal law.

👉Details: https://coinmarketcap.com/alexandria/article/fbi-seized-over-dollar17m-in-crypto-assets-between-march-to-july-2023

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🗞 CryptoNews of the Day 🗞

Millions Worth of LDO, AVAX, YGG Tokens Scheduled To Unlock This Week: The circulating supply of various projects’ tokens is expected to be impacted by a number of significant token unlocks this week.

👉Details: https://coinmarketcap.com/alexandria/article/millions-worth-of-ldo-avax-ygg-tokens-scheduled-to-unlock-this-week

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Backlash Over OpenSea’s Royalties Change Led by Mark Cuban, Yuga Labs: Major figures in the NFT space, including billionaire tech entrepreneur Mark Cuban and Bored Ape Yacht Club creator Yuga Labs, criticized NFT trading platform OpenSea.

👉Details: https://coinmarketcap.com/alexandria/article/backlash-over-openseas-royalties-change-led-by-mark-cuban-yuga-labs

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DeFi Protocols Exactly and Harbor Attacked in Separate Hacks: On August 18, decentralized finance (DeFi) platforms Exactly and Harbor suffered separate attacks, as reported by blockchain security firms DeDotFi and PeckShield.

👉Details: https://coinmarketcap.com/alexandria/article/defi-protocols-exactly-and-harbor-attacked-in-separate-hacks

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PEPE Plunges as Team Wallet Initiates Multi-Million Dollar Token Transfers, Raises Concerns: Pepe (PEPE) faced a sharp downfall on Friday morning as millions of dollars' worth of the cryptocurrency were swiftly transferred from the project team's wallet to various exchanges.

👉Details: https://coinmarketcap.com/alexandria/article/pepe-plunges-as-team-wallet-initiates-multi-million-dollar-token-transfers-raises-concerns

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UK Treasury Reviewing Complete Ban on Investment Cold Call, Including Cryptocurrencies: As the UK gears up for a forthcoming ban on cold calls related to finance, the country's Treasury has released a consultation paper.

👉Details: https://coinmarketcap.com/alexandria/article/uk-treasury-reviewing-complete-ban-on-investment-cold-call-including-cryptocurrencies

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Bankrupt Crypto Exchange FTX Seeks to Protect Assets through Hedging and Staking With Galaxy Digital: FTX, the crypto exchange currently undergoing bankruptcy proceedings, is pursuing strategies to safeguard its remaining assets according to recent court filings.

👉Details: https://coinmarketcap.com/alexandria/article/bankrupt-crypto-exchange-ftx-seeks-to-protect-assets-through-hedging-and-staking-with-galaxy-digital

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Reserve Bank of Australia Explores Use Cases for CBDCs: The RBA's report on the CBDC pilot program provides valuable insights into the potential benefits and challenges of a CBDC in Australia.

👉Details: https://coinmarketcap.com/alexandria/article/reserve-bank-of-australia-explores-use-cases-for-cbdcs

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Tornado Cash Co-founders Charged with Money Laundering and Sanctions Violations: On Wednesday, two co-founders of Tornado Cash, a privacy-focused cryptocurrency mixing service, were charged with US federal money laundering and sanctions violations.

👉Details: https://coinmarketcap.com/alexandria/article/tornado-cash-co-founders-charged-with-money-laundering-and-sanctions-violations

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Binance Labs Invests in Yield Tokenization Protocol Pendle Finance: Binance Labs, the venture arm of leading cryptocurrency exchange Binance, has revealed an undisclosed investment in Pendle Finance.

👉Details: https://coinmarketcap.com/alexandria/article/binance-labs-invests-in-yield-tokenization-protocol-pendle-finance

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Will Thailand's New Prime Minister Deliver on His Crypto Airdrop Promise?: Thailand’s newly elected Prime Minister proposed a national airdrop for citizens, promising to give every citizen 10,000 Thai Baht in crypto if his party won the election.

👉Details: https://coinmarketcap.com/alexandria/article/will-thailands-new-prime-minister-deliver-on-his-crypto-airdrop-promise

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Trending Social App Friend.tech Renames “Shares” to “Keys” Amid Regulatory Concerns: Friend.tech, a social token platform that has rapidly gained popularity, has rebranded its core asset from "Shares" to "Keys."

👉Details: https://coinmarketcap.com/alexandria/article/trending-social-app-friendtech-renames-shares-to-keys-amid-regulatory-concerns

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Sam Bankman-Fried Pleads Not Guilty to Narrowed Charges Amid Struggles in Jail: Cryptocurrency entrepreneur Sam Bankman-Fried, facing legal action regarding the collapse of the FTX cryptocurrency exchange last year, has once again pleaded not guilty.

👉Details: https://coinmarketcap.com/alexandria/article/sam-bankman-fried-pleads-not-guilty-to-narrowed-charges-amid-struggles-in-jail

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#CMC10Y: CELEBRATING A DECADE IN CRYPTO! 🎉 🥳🍾

#CoinMarketCap has evolved side-by-side with the #Crypto-industry.
It's time to take a throwback journey on our achievements & raise a toast for many more years of success on this exciting roller coaster ride! 🍷

Each year brought along a new round of constant changes in statistics & events. 🎢
But one thing that has never changed is #CMC's appearance throughout all these #Crypto milestones!

#CMC has been taking the role of a #Crypto news reporter, a trusted tutorial guide, a researcher, a trend follower & so many more! 📸

👉 Details: https://coinmarketcap.com/events/cmc-10y-ann

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🗞 CryptoNews of the Day 🗞

SEC Charges Titan Crypto Investment Firm for Misleading 2,700% Annualized Returns Advertising Claims: The Securities and Exchange Commission (SEC) has charged Titan Global Capital Management, a fintech investment manager.

👉Details: https://coinmarketcap.com/alexandria/article/sec-charges-titan-crypto-investment-firm-for-misleading-2700percent-annualized-returns-advertising-claims

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🗞 CryptoNews of the Day 🗞

Friend.tech Says Users “Data Leak” Linking Twitter and Wallet Addresses Is Available on Public API: A repository on GitHub that contains data that has been scraped from the friend.tech platform has been made public by Banteg, a key contributor to Yearn Finance.

👉Details: https://coinmarketcap.com/alexandria/article/friendtech-says-users-data-leak-linking-twitter-and-wallet-addresses-is-available-on-public-api

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🗞 CryptoNews of the Day 🗞

Last Week on Crypto Twitter: Pumps and Dumps: Crypto Twitter was on fire last week. Market cycles discussion, Elon drama, SBF indictment, failed Shibarium launch - this roundup covers it all.

👉Details: https://coinmarketcap.com/alexandria/article/last-week-on-crypto-twitter-pumps-and-dumps

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🗞 CryptoNews of the Day 🗞

Report: North Korean Hackers Stolen $200M So Far in 2023: Hackers linked to North Korea have managed to steal more than $200 million in cryptocurrency during 2023, accounting for over 20% of the total stolen crypto this year.

👉Details: https://coinmarketcap.com/alexandria/article/report-north-korean-hackers-stolen-dollar200m-so-far-in-2023

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🗞 CryptoNews of the Day 🗞

NFT Platform Recur Shuts Down Despite $50M Raise and Big Name Partnerships: NFT startup Recur has declared the winding down of its Web3 platform, attributing its decision to the challenges of the crypto winter.

👉Details: https://coinmarketcap.com/alexandria/article/nft-platform-recur-shuts-down-despite-dollar50m-raise-and-big-name-partnerships

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