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Friend.tech team sold $52M in 6 months, faces rug pull allegations

The Friend.tech team said on Sept. 10 that they have no plans to discontinue their website application. 

Major memecoins are down 63% on average despite market frenzy

The top 10 memecoins are struggling as safe-launch tokens capture significant market attention and investor funds.

Chainlink dominance challenged by Pyth’s 46X growth in 2024

While Chainlink retains a strong lead, Pyth’s rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market.

Bitcoin ETF security concerns mount after FBI warns of North Korean hackers

North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians. 

ASI Alliance expands with fourth member pending community vote

Cudos joins the ASI Alliance pending a community vote, potentially enhancing its decentralized AI and cloud computing capabilities.

Prediction market interest fuels launch of PancakeSwap Telegram bot

Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election.

Bitcoin ETFs are the next major target for North Korean hackers: Cyvers

North Korean hackers could be eying the infrastructure around the Bitcoin ETFs, lured by the $52 billion worth of cumulative holdings.

Attacker drains $1.4 million from CUT token pools via mysterious unverified contract

An account used an unreadable function to remove 1.4 million BSC-USD without needing to burn the equivalent LP tokens.

Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis

The launch of the Bitcoin ETF in the US triggered an increase in the total value of Bitcoin activity across all regions worldwide, according to Chainalysis.

India tops global crypto use despite offshore exchange ban

India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received.

Brazilian bank suspends native crypto token trading following 97% price drop

Nubank suspends trading of its native token, offering users the option to convert holdings to Bitcoin or USDC by Dec. 9.

UAE regulators to allow Dubai-licensed VASPs to service entire country

The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training. 

OpenAI to release ‘Strawberry’ reasoning for ChatGPT in coming weeks: Report

OpenAI is set to introduce “Strawberry,” a new reasoning-focused AI model that enhances the AI’s ability to “think” before responding. Strawberry is expected to be released in the coming weeks.

Bitcoin net flows hit $750M, highest outflow since May

Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.

Bitcoin drops on Trump-Harris debate, with BTC price down 2.2% pre-CPI

Bitcoin bulls are caught between a disappointing US presidential debate and classic pre-CPI BTC price pressure.

Indonesian crypto exchange Indodax goes offline after suspected $22M hack

The breach compromised hot wallets on the exchange, resulting in the loss of Bitcoin, Ether, TRX, MATIC and other cryptocurrencies. Indodax has temporarily suspended operations.

Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate

Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again.

Bitcoin shorters ‘likely to get burned’ if CPI prints as expected

An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off.

Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO

Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated.

Atomic Wallet wins dismissal of class suit over $100M hack

A US judge found a Colorado court lacked jurisdiction over the Estonian-based Atomic Wallet, its CEO and a sister software development firm.

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