“It was a big waste of time,” one participant told journalist Eleanor Terrett after an online meeting between representatives of the crypto industry and Democratic Party leaders on Thursday (8th of August).
U.S. Democratic presidential candidate Kamala Harris hired two new advisors linked to the cryptocurrency industry: David Plouffe and Brian Nelson. However, their approaches and views on digital assets, as well as their previous work experiences, differ significantly.
The U.S. Securities and Exchange Commission (SEC) asked the court to reject Coinbase's request for a broad range of documents related to crypto assets. The regulator argues that it has already provided all necessary documents, including relevant notices and materials from investigations unrelated to the case against Coinbase, and that the remaining documents are not relevant.
Xapo Bank, a crypto-focused financial institution, received a license in the UK and officially launched interest-bearing accounts in USD and BTC. The Bitcoin account offers an annual interest rate of 1% paid directly in BTC, without the need to lock funds or lend to other users.
According to a PitchBook report, crypto startups raised $2.7 billion in the second quarter of 2024 across 503 deals. This marks a 2.5% increase from the previous quarter but a 9.8% decrease from the same period last year. Additionally, the deal count fell by 12.5% from the first quarter of 2024.
Laser-eyed Bitcoin enthusiast James Otudor has initiated legal action against major Nigerian government bodies, urging them to remove existing restrictions on cryptocurrencies and related businesses.
WhiteBIT, the official partner of Ukraine's national football team, launched an exclusive presale of tickets for the upcoming match between Ukraine and Albania on September 7 in Prague.
On August 5, the markets were shaken as BTC dropped below $50,000, and ETH nearly hit $2,100. Throughout the day, over $1 billion in trading positions were liquidated, according to CoinGlass.
