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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

Coinbase Stock Surges 15% as Federal Judge Favors Grayscale in SEC Lawsuit: Coinbase's stock experienced a notable surge, climbing over 15%, following the recent federal court decision that favored Grayscale in its lawsuit against the SEC.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-stock-surges-15percent-as-federal-judge-favors-grayscale-in-sec-lawsuit

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Arkham: Robinhood Wallet Identified as Major Holder of Ethereum Worth $2.54B and Bitcoin Worth $3.3B: Cryptocurrency data tracking platform Arkham Intelligence has identified Robinhood as a significant holder of both Ethereum (ETH) and Bitcoin (BTC).

👉Details: https://coinmarketcap.com/alexandria/article/arkham-robinhood-wallet-identified-as-major-holder-of-ethereum-worth-dollar254b-and-bitcoin-worth-dollar33b

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DCG and Genesis Reached In-Principle Agreement on Creditors’ Claims: According to a document filed with the US bankruptcy court in the Southern District of New York, Digital Currency Group and Genesis Global's creditors have reached an in-principle agreement.

👉Details: https://coinmarketcap.com/alexandria/article/dcg-and-genesis-reached-in-principle-agreement-on-creditors-claims

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🗞 CryptoNews of the Day 🗞

India Prime Minister Modi: Crypto and AI Needs Global Framework and Regulations: Indian Prime Minister Narendra Modi has called for a global framework on cryptocurrency, artificial intelligence (AI), and other emerging technologies.

👉Details: https://coinmarketcap.com/alexandria/article/india-prime-minister-modi-crypto-and-ai-needs-global-framework-and-regulations

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🗞 CryptoNews of the Day 🗞

Grayscale Wins Lawsuit Against SEC: Bitcoin surges as court ruling paves way for ETFs.

👉Details: https://coinmarketcap.com/alexandria/article/grayscale-wins-lawsuit-against-sec

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🗞 CryptoNews of the Day 🗞

South Korean To Implement New Reserve Requirements for Crypto Exchanges: Korea Federation of Banks implements reserve requirement for South Korean virtual asset exchanges.

👉Details: https://coinmarketcap.com/alexandria/article/south-korean-to-implement-new-reserve-requirements-for-crypto-exchanges

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OnlyFans' Parent Company Faces Ethereum Losses After Investing $19M in 2022: While 2022 proved to be a prosperous year for content creator platform OnlyFans, it wasn't necessarily the same for Ethereum, as highlighted in a recent financial statement.

👉Details: https://coinmarketcap.com/alexandria/article/onlyfans-parent-company-faces-ethereum-losses-after-investing-dollar19m-in-2022

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🗞 CryptoNews of the Day 🗞

Hong Kong Financial Secretary Positive That Blockchain and Web3 Will Lead Next Digital Growth: Paul Chan Mo-po, the financial secretary for Hong Kong, has reiterated his unwavering support for blockchain technology.

👉Details: https://coinmarketcap.com/alexandria/article/hong-kong-financial-secretary-positive-that-blockchain-and-web3-will-lead-next-digital-growth

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#CMCLive: #Web3 Adoption in Korea & Japan 🎙️

🗓 Set a Reminder: https://coinmarketcap.com/community/post/330651641/

On August 31st (THUR), 4:00pm KST (7AM UTC)

For the first time ever, #CMCLive is being broadcast in Korean! Tune in & catch useful information on #Crypto Adoption with our special guests!
__

[LIVE/AMA] 한국/일본 Web2 기업들의 Web3 도입 현황과 미래 (쟁글 & 코인마켓캡)
https://coinmarketcap.com/community/share/post/330678829

코인마켓캡(CoinMarketCap)의 첫 한국어 라이브 세션 참여하세요! "한국/일본에서의 Web3 어돕션"을 주제로 라이브 스트리밍이 진행됩니다.

🗓 [TIME/DATE]
8월 31일 (목요일)
오후 4:00pm (KST)

🎙[SPEAKERS]
James Kim | Xangle Co-CEO & Co-Founder, CrossAngle Inc.
Dominic Jang | Oasys
Head of BD & Head of Korea, Oasys Pte. Ltd.
Woosuk Kim | Finschia Director, Finschia Foundation
Min Park Host, CMC Marketing

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🗞 CryptoNews of the Day 🗞

Last Week on Crypto Twitter: Bullish Selling?: Missed all the drama on Crypto Twitter last week? This roundup cover it all!

👉Details: https://coinmarketcap.com/alexandria/article/last-week-on-crypto-twitter-bullish-selling

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PYUSD, Backed by PayPal, Faces Adoption Struggles: The Paxos-issued stablecoin PYUSD looks to be having difficulties garnering on-chain usage, despite being backed by PayPal and set to be listed on Coinbase.

👉Details: https://coinmarketcap.com/alexandria/article/pyusd-backed-by-paypal-faces-adoption-struggles

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🗞 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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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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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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StarkWare Restores Access After Locking $550K of Funds From Outdated Wallets: Starkware, a decentralized layer-2 network for Ethereum scalability, has reversed its decision to lock users out of their outdated wallets containing approximately $550,000 worth of assets.

👉Details: https://coinmarketcap.com/alexandria/article/starkware-restores-access-after-locking-dollar550k-of-funds-from-outdated-wallets

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Binance Expands “Send Cash” Crypto-to-Bank Account Payment Solution in Latin America: Leading cryptocurrency exchange Binance is expanding its presence in Latin America.

👉Details: https://coinmarketcap.com/alexandria/article/binance-expands-send-cash-crypto-to-bank-account-payment-solution-in-latin-america

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DOJ Seeks To Stop All Sam Bankman-Fried’s Witnesses From Testifying: According to a court document, the US Department of Justice (DOJ) has requested that none of Sam Bankman-Fried's seven expert witnesses be allowed to testify in his future trial.

👉Details: https://coinmarketcap.com/alexandria/article/doj-seeks-to-stop-all-sam-bankman-frieds-witnesses-from-testifying

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Balancer Exploited For Almost $1M After Discovering Vulnerability: Decentralized exchange Balancer has suffered a hack in which it lost nearly $1m.

👉Details: https://coinmarketcap.com/alexandria/article/balancer-exploited-for-almost-dollar1m-after-discovering-vulnerability

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Blockchain Technology and Islamic Finance Converge at Istanbul Blockchain Week: The event showcased the latest developments in AI and Web3, and explored the intersection of these technologies with Islamic finance.

👉Details: https://coinmarketcap.com/alexandria/article/blockchain-technology-and-islamic-finance-converge-at-istanbul-blockchain-week

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SEC Charges LA-Based Impact Theory Over “Unregistered” NFT Offering: Los Angeles-based media and entertainment firm, Impact Theory, has been charged by the U.S. Securities and Exchange Commission (SEC) over its unregistered sale of nonfungible tokens (NFTs).

👉Details: https://coinmarketcap.com/alexandria/article/sec-charges-la-based-impact-theory-over-unregistered-nft-offering

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Oman Ramps Up Crypto Investments to Become Digital Hub in the Middle East: The Sultanate of Oman is intensifying its integration of cryptocurrencies, bolstered by a series of multi-million dollar investments this month.

👉Details: https://coinmarketcap.com/alexandria/article/oman-ramps-up-crypto-investments-to-become-digital-hub-in-the-middle-east

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Binance, TRM Labs Assists in Arrest of Key ISIS Members in Tajikistan and Turkey: Crypto exchange giant Binance's investigative team played a pivotal role in the capture of individuals associated with the Islamic State Khorasan Province (IKSP) in Tajikistan and Turkey.

👉Details: https://coinmarketcap.com/alexandria/article/binance-trm-labs-assists-in-arrest-of-key-isis-members-in-tajikistan-and-turkey

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#CMC is going to Korean Blockchain Week 2023 🔥#KBW2023

We're ready to connect with the brightest minds in the industry to discuss, redefine, and celebrate the future of #Crypto! 🚀

Stop by our booth to say Hi as we continue to expand our presence around the world! 👋

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🗞 CryptoNews of the Day 🗞

JPMorgan: “Limited Downside” For Crypto in the Short-Term: JPMorgan analysts have indicated that the recent corrective phase in the cryptocurrency markets, accompanied by liquidations, might have concluded.

👉Details: https://coinmarketcap.com/alexandria/article/jpmorgan-limited-downside-for-crypto-in-the-short-term

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🗞 CryptoNews of the Day 🗞

dYdX Founder Antonio Juliano Advises Crypto Builders to Focus Outside US Markets: Antonio Juliano has suggested that cryptocurrency builders should shift their focus away from serving customers in the United States for the next five to ten years.

👉Details: https://coinmarketcap.com/alexandria/article/dydx-founder-antonio-juliano-advises-crypto-builders-to-focus-outside-us-markets

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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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