Bitcoin News (Aug 24)

Bitcoin

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Today's News

The cryptocurrency market took a hit today, with Bitcoin and Ethereum prices plummeting and major exchanges facing hack attacks. Meanwhile, stock markets are struggling to regain momentum after a sell-off yesterday. And in other news, a major music label has cancelled the contract of an up-and-coming AI rapper over racist lyrics.

Outline

Wire fraud: the most powerful law in crypto right now: This article discusses how wire fraud is the most powerful law in cryptocurrency right now, and how it can be used to split users and cryptocurrencies forever.
How a major change to ethereum could split users – and cryptocurrency – forever: This article discusses how a major change to ethereum could split users and cryptocurrency forever.
US stocks trade mixed a day after suffering their worst losses in 2 months: This article discusses how US stocks traded mixed a day after suffering their worst losses in 2 months.
US stocks close lower as 10-year yield holds above 3% amid rate-hike bets: This article discusses how US stocks closed lower as the 10-year yield held above 3% amid rate-hike bets.
US stocks trade mixed as investors struggle to regain momentum ahead of Fed summit: This article discusses how US stocks traded mixed as investors struggled to regain momentum ahead of the Fed summit.
The misery index: An economic indicator that measures the financial well-being of a country's citizens: This article discusses the misery index, an economic indicator that measures the financial well-being of a country's citizens.
Why Bitcoin's Brainchildren Face Vastly Different Fates: This article discusses why Bitcoin's brainchildren face vastly different fates.
Blockchain Will Change Your Marketing Strategy. Here's How.: This article discusses how blockchain will change your marketing strategy, and why you should use it.
Hackers Are Breaking Into and Emptying Cash App Accounts: This article discusses how hackers are breaking into and emptying Cash App accounts.
Market Snapshot: Stock futures stuck near two-week lows as Fed fears reverberate: This article discusses how stock futures are stuck near two-week lows as Fed fears reverberate.
How (and Why) to Use CoinMarketCap: This article discusses how to use CoinMarketCap, and why you should use it.
Is Luna Considered A Legitimate Cryptocurrency?: This article discusses whether Luna is considered a legitimate cryptocurrency.
Capitol Records preemptively cancels AI rapper FN Meka over racist lyrics: This article discusses how Capitol Records preemptively cancelled AI rapper FN Meka over racist lyrics.
Twitter whistleblower alleges cybersecurity negligence, gives Elon Musk a leg to stand on: This article discusses how a Twitter whistleblower alleges cybersecurity negligence, and gives Elon Musk a leg to stand on.
Twitter’s whistleblower problem is way bigger than Elon Musk’s bot complaints: This article discusses how Twitter's whistleblower problem is way bigger than Elon Musk's bot complaints.
Why NFTs will be around for a long time: This article discusses why NFTs will be around for a long time.
Billionaire Ray Dalio joins Cash App’s campaign to become the bank of Gen Z: This article discusses how billionaire Ray Dalio joins Cash App's campaign to become the bank of Gen Z.
Is "Flippening" on the Horizon?: This article discusses whether "flippening" is on the horizon.
Real Bedford: Forest Green promotion winner Rob Sinclair leading bitcoin-backed side: This article discusses how Real Bedford: Forest Green promotion winner Rob Sinclair is leading a bitcoin-backed side.
Does Warren Buffett Own Bitcoin?: This article discusses whether Warren Buffett owns Bitcoin.
Could Bitcoin Be Worth More Than $150,000?: This article discusses whether Bitcoin could be worth more than $150,000.
3 Top Things to Look at Before Buying Bitcoin: This article discusses the 3 top things to look at before buying Bitcoin.
Now Might Be One of the Best Times to Buy Bitcoin: This article discusses how now might be one of the best times to buy Bitcoin.
Should You Buy Ethereum While It's Beaten Down?: This article discusses whether you should buy Ethereum while it's beaten down.
Why Coinbase and Altcoins Jumped Midday Tuesday: This article discusses why Coinbase and altcoins jumped midday Tuesday.
Bitcoin ATMs leeched by attackers who created fake admin accounts: This article discusses how Bitcoin ATMs were leeched by attackers who created fake admin accounts.
11 Stocks To Invest In Crypto Without Buying Crypto Directly: This article discusses how to invest in crypto without buying crypto directly.
‘Anything Could Happen’—Coinbase CEO Issues Stark Crypto Market Prediction After Bitcoin And Ethereum Price Collapse: This article discusses how 'anything could happen' and Coinbase CEO issues a stark crypto market prediction after the Bitcoin and Ethereum price collapse.

Wire fraud: the most powerful law in crypto right now

Regulation and enforcement in the cryptocurrency space are hot topics, with the debate centered around the complex issue of whether to classify digital assets as securities, commodities, or a separate asset class entirely. In the middle of this debate, the De…

How a major change to ethereum could split users – and cryptocurrency – forever

Ethereum turning off its mining rigs and slashing the currency’s carbon emissions should be good news. But not everyone agrees<ul><li>Don’t get TechScape delivered to your inbox? Sign up here</li></ul>On 15 September, the ethereum blockchain is planning to sw…

US stocks trade mixed a day after suffering their worst losses in 2 months

Investors are keeping a close eye on Fed Chair Jerome Powell's speech at the central bank's yearly conference in Wyoming on Friday.

US stocks close lower as 10-year yield holds above 3% amid rate-hike bets

The 10-year Treasury yield briefly dipped below 3% after weak housing data, but rebounded to climb back above it.

US stocks trade mixed as investors struggle to regain momentum ahead of Fed summit

The Fed has already seen some early signs that inflation is cooling down, mostly driven by a consistent decline in commodity prices like oil.

The misery index: An economic indicator that measures the financial well-being of a country's citizens

The misery index uses simple factors such as inflation and unemployment rates to explain a country's happiness levels.

Why Bitcoin's Brainchildren Face Vastly Different Fates

Both the Metaverse and DeFi are set for vastly different real-life utilizations.

Blockchain Will Change Your Marketing Strategy. Here's How.

Blockchain technology has the potential to trigger a new era of digital marketing accountability that will revolutionize the industry.

Hackers Are Breaking Into and Emptying Cash App Accounts

Multiple users of the hugely popular Cash App have reported hackers stealing their funds, and fraudsters are selling access to accounts on the dark web.

Market Snapshot: Stock futures stuck near two-week lows as Fed fears reverberate

Since hitting a 4-month high on August 16th, the S&P 500 retreated 4.1% as investors fear optimism that the Fed would slow its pace of rate hikes was misplaced.

How (and Why) to Use CoinMarketCap

It's not an exchange, but it's a very useful tool for all crypto users.

Is Luna Considered A Legitimate Cryptocurrency?

The Tera network more commonly known as Luna has undergone quite a bit of skepticism in the last year. The Terra (LUNA) cryptocurrency was established in 2018 by the South Korean firm Terraform Labs, with the help of two alumni of the University of Pennsylvan…

Capitol Records preemptively cancels AI rapper FN Meka over racist lyrics

Today in “of course, this happened,” AI rapper FN Meka made history by becoming the first robot rapper fired by its record company for racist lyrics. The cartoon rapper powered by artificial intelligence has been accused of offering crass, exploitative, and r…

Twitter whistleblower alleges cybersecurity negligence, gives Elon Musk a leg to stand on

Ex-head of security at Twitter, Peiter "Mudge" Zatko, has revealed that Twitter's security problems were severe enough to threaten national security of the U.S.

Twitter’s whistleblower problem is way bigger than Elon Musk’s bot complaints

The former Twitter employee is accusing the company of lying to just about everyone.

Why NFTs will be around for a long time

Even with cryptocurrencies currently facing a bear market, NFTs are continuing to reshape the arts—and they’re likely to stick around for a long time. The post Why NFTs will be around for a long time appeared first on 500px.

Billionaire Ray Dalio joins Cash App’s campaign to become the bank of Gen Z

Billionaire Ray Dalio, the business sage and founder of the largest hedge fund in the world—Bridgewater Associates—has added his influential voice to get Gen Z users to adopt Cash App as their preferred mobile banking and payments tool. In a new commercial ap…