Welcome to today's edition of the news. In today's headlines, we take a look at a major change to ethereum that could split users forever, the US stock market ahead of the Fed summit, and hackers breaking into Cash App accounts. We also look at an AI rapper that has been cancelled over racist lyrics, and why NFTs will be around for a long time.
Bitcoin News (Aug 25)
- How a major change to ethereum could split users – and cryptocurrency – forever: This article outlines how a proposed change to ethereum could potentially split the cryptocurrency community in two.
- US stocks trade mixed as investors struggle to regain momentum ahead of Fed summit: US stocks are trading mixed as investors await the outcome of a meeting of Federal Reserve officials.
- US stocks rise as investors wait for Fed summit and as Biden announces long-awaited student debt plan: US stocks rise as investors wait for the outcome of a meeting of Federal Reserve officials and as US President Joe Biden announces a long-awaited plan to forgive student debt.
- Hackers Are Breaking Into and Emptying Cash App Accounts: Hackers are breaking into Cash App accounts and emptying them of their funds.
- Market Snapshot: Stock futures stuck near two-week lows as Fed fears reverberate: Stock futures are stuck near two-week lows as fears of a possible interest rate hike by the Federal Reserve continue to reverberate.
- How (and Why) to Use CoinMarketCap: This article outlines how and why to use CoinMarketCap, a website that tracks cryptocurrency prices.
- Capitol Records preemptively cancels AI rapper FN Meka over racist lyrics: Capitol Records has preemptively cancelled the contract of an AI rapper known as FN Meka over racist lyrics.
- Twitter whistleblower alleges cybersecurity negligence, gives Elon Musk a leg to stand on: A Twitter employee has alleged negligence on the part of the company's cybersecurity team, giving Tesla CEO Elon Musk a boost in his ongoing fight with the social media platform.
- 3 Adams-backed moderates lose key state legislative races to left-leaning opponents: Three moderate candidates backed by US Representative Alexandria Ocasio-Cortez have lost key state legislative races to left-leaning opponents.
- Why NFTs will be around for a long time: This article outlines why Non-Fungible Tokens (NFTs) are here to stay.
- Is "Flippening" on the Horizon?: This article discusses the possibility of a "flippening" event in which ethereum overtakes bitcoin as the most valuable cryptocurrency.
- Real Bedford: Forest Green promotion winner Rob Sinclair leading bitcoin-backed side: Rob Sinclair, the manager of English football club Forest Green Rovers, is leading a bitcoin-backed side in the Bedford & District Sunday League.
- 3 Top Things to Look at Before Buying Bitcoin: This article outlines three things that potential bitcoin buyers should look at before making a purchase.
- The Most Divisive Rapper Right Now Is an A.I.: The most divisive rapper right now is an AI-generated rapper known as FN Meka.
- How Hedge Fund Three Arrows Capital Was Crypto's Long-Term Capital Management: This article discusses how hedge fund Three Arrows Capital was able to become one of the leading crypto investment firms.
- The Bear And The Gold Bull: This article discusses the current state of the gold market and the possibility of a "flippening" event in which gold overtakes bitcoin as the most valuable asset.
- Breaking The Chain; How Blockchain Is Sponsoring More Equity And Transparency In Hollywood: This article discusses how blockchain is being used to promote equity and transparency in Hollywood.
- Nvidia: Disaster Guidance: This article discusses the potential impact of a disaster on Nvidia's stock price.
- First Mover Asia: Bitcoin Trades Sideways, Investors Await Any Fed Interest Rate Signals; IMF Sees Growing Link Between Crypto and Asian Stocks: Bitcoin is trading sideways as investors await any interest rate signals from the Federal Reserve, while the International Monetary Fund sees a growing link between crypto and Asian stocks.
- Bitcoin Miner Argo Cuts Year-End Hashrate View Citing Delayed Intel Mining Rigs: Bitcoin mining firm Argo has cut its year-end hashrate forecast due to delays in the delivery of Intel mining rigs.
- Market Wrap: Bitcoin Rises Slightly Along With Stocks: Bitcoin rises slightly as stocks rebound from last week's sell-off.
- Law Society of England and Wales Tells Members to Be Wary of Bitcoin Use in Transactions: The Law Society of England and Wales has warned its members to be wary of using bitcoin in transactions.
- First Mover Americas: Ether Outperforms Bitcoin; CME BTC Futures Hit a Huge Discount to Spot Prices: Ether outperforms bitcoin as CME BTC futures hit a huge discount to spot prices.
- Tron Consumes 99.9% Less Power Than Bitcoin and Ethereum, Crypto Researcher Says: A crypto researcher has claimed that Tron consumes 99.9% less power than Bitcoin and Ethereum.
- Coinme Brings DOGE, ETH, MATIC and More to Grocery Crypto Kiosks: Coinme, a crypto ATM operator, has brought DOGE, ETH, MATIC and
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…
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…
Market Wrap: Bitcoin Rises Slightly Along With Stocks
U.S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets. Bitcoin and other crypto assets rose along with U.S. stocks, which broke a three-day losing streak on Wednesday as investors' appetite for riskier assets returne…