Polkadot community votes on DOT backed native stablecoin dotUSD
Polkadot’s community has opened a governance vote on a native decentralized stablecoin called dotUSD, with a proposal to make the dollar-pegged asset the network’s primary stable-value instrument and eventually back it mainly with DOT. According to OpenGov Referendum 1944, the…...
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Wintermute Flags Historic Shift: Bitcoin Bottoms Are Getting Less Brutal
Bitcoin’s latest downturn looks less severe than previous bear markets, with Wintermute noting that BTC is now about 50% below its peak 340 days after the top, compared with losses above 75% at the same stage in 2018 and 2022. The trading firm argues that Bitcoin’s cycles are bottoming...
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Upbit drops HEMI after exploit, lists CP and USELESS
Upbit listed CP and USELESS but canceled HEMI trading after an exploit drained 124.5 million unclaimed tokens from a legacy contract....
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Tether freezes $39.3M USDT linked to Xinbi Guarantee
Tether has frozen roughly $39.3 million in USDT held across 10 Tron addresses linked to Xinbi Guarantee, a Chinese-language guarantee marketplace that blockchain investigators have tied to billions of dollars in crypto transactions. MistTrack, the onchain tracing platform developed by…...
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CleanSpark produces 593 BTC and sells 821 in August
CleanSpark mined 593 BTC in August as hashprice recovered, but undisclosed power and operating costs prevent a definitive profit calculation....
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ARK asks SEC to approve tokenized share class for $562M venture fund
ARK Investment Management has asked the U.S. Securities and Exchange Commission to approve a tokenized share class for its $562 million venture fund, allowing ownership records to be maintained using distributed ledger technology. According to an application filed with the…...
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Hunter Biden defends LAPTOP memecoin as Kraken deletes promotional post
Hunter Biden has defended his LAPTOP memecoin hours before its Sept. 9 launch on Base, saying 20% of the supply will be distributed through community airdrops while 30% will be tied to political, crypto and cultural predictions. In an X…...
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Anthropic researcher quits with a warning on AI that echoes ‘The Terminator’ script
The people building AI earnestly believe that it could kill us all by the end of the decade, Coxon said on X, explaining his resignation....
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Iran turns to crypto for export payments amid sanctions: FT
Iran reportedly eased foreign-exchange controls and tolerated cryptocurrency export payments as U.S. sanctions restrict conventional banking channels....
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Gemini wins full Singapore crypto payment license
Gemini secured a Singapore MPI license covering digital payment token and cross-border transfer services without standard volume limits....
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