News

Month-Ahead Inflation Forecast for August 2024

PDate: 8/30/2024
Content: The BSP projects August 2024 inflation to settle within the range of 3.2 to 4.0 percent. Higher electricity rates and higher prices for agricultural commodities, owing to unfavorable weather conditions, are the primary source...

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30 Aug 2024

More Than Just a Thesis Subject: Graduating Students Explores Crypto PH Beyond the Classroom

What started as a simple B-roll shoot turned into a deep dive into the world of crypto.

30 Aug 2024

Alleged POGO & Crypto Scam Hub Busted in Parañaque | Key Points | Aug. 30, 2024

In today's daily recap, we look at the action of the Philippine National Police against an alleged crypto scam hub.

30 Aug 2024

5 Common Mistakes to Avoid When You’re Working Toward Saving More Money

Saving money is a fundamental aspect of achieving financial stability and security, providing a safety net for unexpected expenses and enabling people to realize their long-term goals. However, the importance of saving money, many individuals ...

30 Aug 2024

Allocation Update – Q2 2024

Get ready to explore the exceptional projects and community events that received support in Q2! Learn more about them below:...

30 Aug 2024

U.S. House Committee Plans for Heap of Crypto Hearings in September

The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets busin...

29 Aug 2024

Jailed FTX Exec Withdraws His Request to Compel Government to Abide by Plea Deal

Ryan Salame, the former FTX executive sentenced to 7.5 years in prison in May, has withdrawn a legal request to a New York court asking that the conditions of his plea deal with prosecutors be enforced or that his plea be thrown out and his sentence va...

29 Aug 2024

Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses

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29 Aug 2024

Trump’s New Crypto Business to Offer Access to ‘High-Yield’ Investments, Website Says

World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata.

29 Aug 2024

Beating the Bots: In Defense of Human Traders

As bots come to dominate trading on DEXs, a new price prediction platform allows human traders to demonstrate what they are good at, says Maksim Balashevich, the founder of Santiment.

29 Aug 2024

Trump Keeps Teasing His New Crypto Project, but Details Remain Scant

The Trump family has for weeks loudly – but coyly – said they're getting into crypto. More information might finally be coming soon.

29 Aug 2024

El Salvador’s Bukele Says Bitcoin Strategy a ‘Net Positive,’ but Adoption Lags

El Salvador now holds $400 million in its "public wallet alone," President Nayib Bukele said in an interview with TIME.

29 Aug 2024

Blockchain Developer Alchemy Buys BWare, Pushing Into Europe, Adding About 25% to Staff

Company officials told CoinDesk this was its biggest acquisition to date, bringing on 42 developers and engineers from the Bware team and increasing Alchemy's headcount to 210.

29 Aug 2024

Crypto for Advisors: Crypto Market – A Week in Review

A recap of the crypto market from August 11th to 17th.

29 Aug 2024

Art Is Not a Security

NFTs “expose the incoherence of the SEC’s understanding of what it’s authorized to regulate,” says law professor Brian L. Frye, following news yesterday that the SEC has issued a Wells notice against OpenSea, claiming the NFT platform has violated secu...

29 Aug 2024

CoinDesk 20 Performance Update: UNI and ICP Lead Gains as Index Climbs 1.1%

Uniswap gained 3.4% and Internet Computer rose 2.8% in overnight trading.

29 Aug 2024

The Alleged Kickback Schemes That Inflated Costs for Home Buyers

The District of Columbia settled with four title companies over close ties with real-estate agents.

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29 Aug 2024

First Mover Americas: BTC Regains $60K Following Slide This Week

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 29 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

29 Aug 2024

‘Pig Butchering’ Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says

While other types of illicit activity are growing, scams are the biggest issue, Wednesday's report from the analytics firm said.

29 Aug 2024

Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said.

29 Aug 2024

Australian Winemaker to Benefit as China Uncorks Imports

With a large market in need of refills, Treasury Wine offers good value.

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29 Aug 2024

Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs

Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a new study by blockchain analytics firm TRM Labs.

29 Aug 2024

CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters

The executive was taken to hospital; his injuries were not life threatening.

29 Aug 2024

Crypto Market Has Evolved in the Past Year, Canaccord Says

In the last 12 months, the digital assets industry has transitioned from a post-FTX recovery period back to a growth phase, the report said.

29 Aug 2024

Macy’s Doesn’t Need a Miracle to Lift Its Stock

Attention to detail at the top and better execution in stores might be all it takes.

News

29 Aug 2024

Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan

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29 Aug 2024

Indian Court Orders Scam Websites Using Crypto Exchange Mudrex’s Name to Be Taken Down

Indian cryptocurrency exchange Mudrex won a court order telling the country's Ministry of Communication to take down as many as 38 websites that were exploiting the company's name to carry out scams.

29 Aug 2024

Nvidia Can’t Escape Shadow of AI Spending Fears

Strong results from the chip maker don’t ease worries about durability of Big Tech’s AI investments.

News

29 Aug 2024

Polymarket Bettors Miss Out on $270K Due to Pavel Durov’s Early Release

Bettors were fairly sure the Telegram CEO would be released in September. His release on Wednesday tossed the market on its head.

29 Aug 2024

Learn & Earn AIRian ($AIR) Winners

The result is in! Congratulations to the 100 lucky winners of 150 AIR each in the Learn & Earn: AIRian Edition!

29 Aug 2024