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SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’

SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.”

Kujira team to build new THORChain app layer following ‘Rujira’ merge

DeFi project Kujira merged with three ecosystem partners to create an alliance to build THORChain’s app layer, backed by a new token. 

FTX finalizes settlement with Emergent over $600M Robinhood shares claim

FTX debtors will pay Emergent $14 million to cover administrative expenses in exchange for the firm withdrawing any claims to $600 million in Robinhood shares and cash.

SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023

The SEC is having a record crypto enforcement year, bolstered by a $4.47 billion settlement with Terraform Labs and its former CEO, Do Kwon.

Crypto scammers deepfake Apple CEO Tim Cook amid iPhone 16 livestream

A deepfake of Apple CEO Tim Cook asked viewers to deposit crypto into a wallet address in a bid to pull off the common “double-your-money” scam.

Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG

“Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro.

North Carolina Senate overrides governor veto to pass Fed CBDC ban bill

A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto.

2 auditors miss $27M Penpie flaw, Pythia’s ‘claim rewards’ bug: Crypto-Sec

Two smart contract auditors miss a Penpie bug that resulted in a $27M exploit, Pythia Finance attacker claims way too many rewards: Crypto-Sec

FBI reports Americans lost $5.6B to cryptocurrency fraud in 2023

The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found.

Bitcoin traders celebrate ‘good news’ as BTC price trades above $57K

Bitcoin’s weekly close above a key support level is “good news,” according to traders, and the day’s rally to $57,500 could be a sign that the bottom is in.

US, Canadian investors to get full compensation in GSB Group settlement

The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments.

Judge issues temporary stay in Kalshi v. CFTC election betting case

Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections.

UK Parliament could summon Elon Musk over X operations

Labour MP Dawn Butler wants Musk to discuss the operations of his social media network X and its role in spreading misinformation.

Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO

The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.”

Bitcoin price shows strength above its recent lows — Here is why

A stock market recovery, investors' anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains.

CFTC charges Uniswap, Brazil’s X ban, and more: Law Decoded

Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges.

Kamala Harris releases policy platform details — No mention of crypto

The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries.

Price analysis 9/9: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

Bitcoin bulls are trying to push the price back inside the range, indicating that the markets have rejected the breakdown.

Plume debuts tokenized ‘Mineral Vault’ amid hunger for RWA yield, CEO says

According to Chris Yin, investor demand for RWAs is moving “upstream” from tokenized treasury bills to private alternative assets. 

Starknet is ditching off-chain polling, and it will make tokens count

Starknet is set to hold its first on-chain vote on Sept. 10. Hopefully, it will set a precedent for protocols to follow going forward.

Kazakhstan mulls Binance, Bybit for digital asset trading 

The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan.

Could Toncoin tank another 30% in September?

Toncoin has managed to recover part of its losses following Pavel Durov’s arrest, but it faces the risk of a bull trap.

Ether.fi launching ‘crypto-native’ credit card on ZK-rollup Scroll

The degen-branded card is non-custodial and lets users pay by borrowing against crypto collateral, Ether.fi said.

Apple Intelligence rival secures $10M to develop open-source alternative

PIN AI, backed by a16z, develops a privacy-focused, open-source alternative to Apple’s AI, utilizing blockchain to empower users in monetizing their personal data.

Crypto Super PAC pours $660K into Senate race as US election closes in

With 57 days until the US election, expenditures from Super PACs seem to be heating up in Massachusetts and nationwide.

Leaked Chainalysis video suggests Monero transactions may be traceable

A copy of the now-deleted Monero tracing video was shared with Cointelegraph, and it suggests the firm can trace XMR transactions and associated IP addresses.

Healthcare projects are leading the pack in decentralized science

Medicine is leading the charge toward decentralized science — here’s why.

Crypto products post $726M outflows amid rate cut uncertainty

CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10.

Ether poised for price breakout after summer slump in crypto markets

Ether whale interest is slowly reemerging after summer illiquidity, with technical chart patterns pointing to an imminent price reversal.

Latvia’s central bank opens pre-licensing consultations to crypto companies 

Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers.

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