Fugitive Turkish Crypto CEO Arrested in Albania

In today's news, a fugitive Turkish crypto fraud suspect has been arrested in Albania, and crypto lender Hodlnaut has been granted creditor protection by a Singapore court. In the cryptoverse, bitcoin is bleeding and trading volume on top NFT marketplaces is down. Meanwhile, in the traditional financial world, startups that rode the SPAC wave are turning to a new tactic for funding, and Revolut's attempt at shattering banking barriers overlooks underserved groups.

-Fugitive Turkish crypto fraud suspect arrested in Albania resort: The suspect, who has been on the run for over a year, was caught in a remote resort town in Albania.

• Crypto Weekly: Bitcoin slides back to $20,000: Bitcoin's price has been volatile over the past week, sliding back down to around $20,000 after briefly topping $30,000.

• Crypto lender Hodlnaut granted creditor protection by Singapore Court: The Singapore court has granted Hodlnaut, a crypto lending startup, creditor protection.

• Cryptoverse: Bleeding bitcoin's holding out for a hero: Bitcoin's price has been volatile over the past week, with some investors feeling bullish and others bearish about the future.

• Trading Volume On Top NFT Marketplace OpenSea Down 99% Since May: OpenSea, one of the top NFT marketplaces, has seen its trading volume drop by 99% since May.

• Shorting cryptocurrency is a high-risk, advanced investing strategy. Here's how it works: Shorting cryptocurrency is a risky investing strategy that can be used to make profits if the price of a digital asset falls.

• Revolut's attempt at shattering banking barriers overlooks underserved groups: Revolut, a digital banking startup, has been criticized for its attempts to "shatter banking barriers" which have overlooked underserved groups.

• Startups that rode the SPAC wave are turning to a new tactic for funding lifelines. Here's what you want to know.: Some startups that have ridden the SPAC wave are now turning to a new tactic for funding, called reverse mergers.

• Bitcoin mining powers the system that oversees transactions and creates new bitcoins: Bitcoin mining is the process by which new bitcoins are created and transactions are verified on the blockchain.

• A Retiree’s Guide to Trading Crypto: This guide provides retirees with information on how to trade cryptocurrency.

• 10 Tuesday AM Reads: This list includes 10 interesting articles to read on Tuesday morning.

• How 1-Time Passcodes Became a Corporate Liability: One-time passcodes have become a corporate liability as more companies have been hacked using this method.

• Techdirt At 25: The Crypto Wars Never End: Techdirt is celebrating its 25th anniversary. In honor of this milestone, the website has published an article about the "crypto wars" and how they have never ended.

• Half of Americans still haven’t heard of NFTs: A new survey has found that half of Americans still haven't heard of NFTs.

• Turkey Says Fugitive Crypto CEO Arrested in Albania Over Fraud: The Turkish government has announced that the fugitive CEO of a crypto exchange has been arrested in Albania over fraud charges.

• HPE Is Betting That Cloud Computing Still Requires Help From IT: HPE is betting that cloud computing still requires help from IT in order to be successful.

• Robinhood's Assets Under Custody Have Fallen 31% -- Is It Time to Sell the Stock?: Robinhood's assets under custody have fallen by 31%, leading some to wonder if it is time to sell the stock.

• 3 Top Cryptos Trading for Less Than $1: There are three top cryptos trading for less than $1.

• Why Bitcoin, Ethereum, and Dogecoin Are Falling Today: Bitcoin, Ethereum, and Dogecoin are all down today.

• Shiba Inu: Bull vs. Bear: Shiba Inu is a cryptocurrency that has been caught in the middle of a debate between bulls and bears.

• Can Bitcoin Reach $100,000?: This article discusses whether or not Bitcoin can reach $100,000 in value.

• 1 Big Reason to Believe in Nu Holdings Stock: Nu Holdings stock is down today, but there is one big reason to believe in the company.

• Links 8/30/2022: This list includes a variety of links from around the web.

• New Windows malware uses a cunning technique to avoid detection: A new type of Windows malware is using a cunning technique to avoid detection.

• Ethereum Founder Issues Urgent Upgrade Warning After Wild Bitcoin And Crypto Price Swings: Ethereum founder Vitalik Buterin has issued an urgent warning for users to upgrade their software after the wild swings in Bitcoin and cryptocurrency prices.

• Why Bitcoin Can Crash To $12,000: This article discusses the possible reasons why Bitcoin's price could crash to $12,000.

• Snap Reportedly Laying Off 20% Of Staff. Here Are The Major U.