Bitcoin is up slightly at $24,422
Ethereum is down slightly at $1984
and Binance Coin down slightly at $331

Announce of August 10th arrest of Tornado Cash Developer Alexey Pertsev shakes crypto world.

Binance seized $450k from Curve exploiter

CFTC accuses Ohio man of operating a $12M Bitcoin ponzi scheme.

Indian authorities freeze $46M worth of the crypto lender Vauld’s assets.

SkyNet labs to shutter.

Bitcoin is up .5% at $29,668
Ethereum is up .5% at $1784
and Binance Coin is up .5% at $296

Those are your leaders by market cap - top gainers in the last 24 hours:
IOTEX up 18%

BAYC Discord hacked.

CFTC says consumers lost over $1B to fraud involving crypto last year.

Abu Dhabi to give free crypto domains to all women who live and work in the capital.

MicroStrategy CEO Michael Saylor says zoom out.

Links:

• MicroStrategy CEO Saylor says bitcoin’s near-term volatility largely irrelevant
• Abu Dhabi Investment Office and Access Abu Dhabi Team Up with Unstoppable Domains to Give All Women in the UAE Capital Free Crypto, NFT and Blockchain Domains
• OKHotshot on Twitter: "🚨BAYC & OtherSide discords got compromised‼️ Seems because Community Manager @BorisVagner got his account breached, which let the scammers execute their phishing attack. Over 145E in was stolen Proper permissions could prevent this https://t.co/lCl2DfZQ0W" / Twitter
• New Analysis Finds Consumers Reported Losing More than $1 Billion in Cryptocurrency to Scams since 2021 | Federal Trade Commission

Bitcoin is down slightly at $29,745
Ethereum is down slightly at $1770
and Binance Coin is down .5% at $297
Voyager Token up 21%

New York Senate passes bill imposing moratorium on all-new proof of work crypto mining in the state.

Japan passes stablecoin bill to ensure redemption at face value

Coinbase extends hiring freeze.

CFTC accuses Gemini of making misleading statements related to Bitcoin futures product.

Links:

• CFTC Charges Gemini Trust Company for Making Material False or Misleading Statements and Omissions to the Commission | CFTC
• Update on Hiring Plans. By L.J Brock, Chief People Officer | by Coinbase | Jun, 2022 | The Coinbase Blog
• New York Senate passes moratorium on proof-of-work mining
• Japan Passes Crypto Stablecoin Bill That Enshrines Investor Protection - Bloomberg

Bitcoin is up slightly at $43,758
Ethereum is up slightly at $3,360
and Binance Coin down slightly at $481

Cartesi, up 19%

Coinbase acquired FairX, a CFTC regulated derivatives exchange.

Xapo is leaving New York and abandoning its bitlicense.

Pakistan’s central bank is taking a stand against crypto

Luxor launches a new service for buying and selling mining hardware.

Class action suit against EthereumMax names Kim Kardashain, Floyd Mayweather Jr. as defendants.

Links:

• Coinbase’s path to creating a robust and regulated crypto derivatives market | by Coinbase | Jan, 2022 | The Coinbase Blog
• Pakistan's central bank tells court cryptocurrency should be banned | Reuters
• Xapo closes shop in New York, gives up BitLicense
• NYDIG-backed mining firm Luxor launches new service for buying, selling hardware
• Investors sue Kim Kardashian and Floyd Mayweather Jr over crypto scheme | Cryptocurrencies | The Guardian

Bitcoin is down slightly at $47,129
Ethereum is down .5% at $3,820
and Binance Coin is up slightly at $528

Yearn Finance up 32%
Convex Finance up 15%

Tron’s Justin Sun is turning to crypto political activism.

Binance.us hires Intel’s compliance chief Sidney Majalya.

The US Senate has confirmed a new CFTC chairperson — Rostin Behnam.

Dune Analytics is raising funds at a billion dollar valuation.

Links:

• Dune Analytics is raising funds at a $1 billion valuation: sources
• PN1146 - Nomination of Rostin Behnam for Commodity Futures Trading Commission, 117th Congress (2021-2022) | Congress.gov | Library of Congress
• Justin Sun Is Retiring From Tron – But Not Crypto
• Binance.US Hires Intel’s Compliance Chief Majalya

Bitcoin is down slightly at $61,534
Ethereum is up .5% at $3,951
and Binance Coin is down slightly at $479

Klaytn up 34%
Amp up 15%
Bitcoin Gold up 15%

The SEC gives Bitcoin futures ETFs the greenlight.

The Commodity Futures Trading Commission has fined and settled $42.5M against Tether and Bitfinex.

CryptoPunk owner declines big bid.

Bit Mining’s subsidiary BTC.com said they will exit mainland China amid crackdown

Links:

• SEC Approves Bitcoin ETF, Opening Crypto to Wider Investor Base
• CFTC Orders Tether and Bitfinex to Pay Fines Totaling $42.5 Million | CFTC
• CryptoPunk owner seemingly turns down a $9.5 million bid for his rare NFT
• BIT Mining exit mainland china market

Bitcoin is down slightly at $48,547
Ethereum is down .5% at $3,504
and Cardano is down 1% at $2.40

Gala up 44%
Ecomi up 16%
Solana up 15%

Canaan announced a record quarterly revenue of $167M

Monica Rizzolli’s "Fragments of an Infinite Field" sold out in an hour for $5.3M

Australian national Stefan Qin was sentenced to 7.5 years for his part in a $90M Ponzi scheme.

Binance is moving away from its decentralized headquarters & faces a CFTC investigation into insider trading.

Links:

• Canaan nets record bitcoin miner sales with $167 million in Q2
• Generative artist nets $5.38 million in latest Art Blocks hit
• CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
• Binance battles regulatory headwinds as world’s largest cryptocurrency exchange seeks financial legitimacy | South China Morning Post
• Binance Probe by US Expands to Examine Possible Insider Trading - Bloomberg

Links:

• Coinbase says it was not involved in the DOJ's Bitcoin ransom seizure
• Gemini Acquires Crypto Custody Firm Shard X - CoinDesk
• After googling it, CFTC boss says DeFi is a ‘bad idea’ and probably illegal

Bitcoin is up .5% at $59,102
Ethereum is up .5% at $1,841
and Binance Coin is down slightly at 269.11

Top gainers in the last 24 hours:
BitTorrent up 83%
Pundi X up 55%
Tron up 16%

Coinbase fined $6.5M by CFTC.

The Guggenheim museum is looking for MBA interns who have an opinion on NFT artworks.

NFT marketplace OpenSea raised 23 million in a series A round led by a16Z.

Wirex defends tradmark in high court.

Buyer of $69M Beeple NFT reveals himself.

Links:

• CFTC Orders Coinbase Inc. to Pay $6.5 Million for False, Misleading, or Inaccurate Reporting and Wash Trading | CFTC
• Even NYC's Highfalutin Guggenheim Museum Is Looking at NFTs, Job Posting Suggests - CoinDesk
• NFTs: The First 5000 Beeples - The Metapurser
• Brown Rudnick Client Wirex Wins Cryptoback Trade Mark Infringement Claim Against Cryptocarbon and Bee-One - Brown Rudnick
• NFT marketplace OpenSea raises $23M in Series A round led by a16z

Bitcoin is up 2% at $15,884
Ethereum is up slightly at $461
and XRP is down 0.5% at 25 cents

Top gainers in the last 24 hours:
Stacks up 16%

US President-elect Joe biden has added former CFTC chairman and crypto enthusiast Gary Gensler to his transition team.

Chainalysis wants to help the US sell the Silk Road trove.

Binance has paid a bounty of 200k to investigators who helped with the arrest of bad actors.

Deel unveils a crypto payroll tool.

KuCoin co-founder Johnny Lyu said 84% of the funds from the recent hack have been recovered.

Links:

• Binance Gives $200K to Investigators Who Helped Identify Actors Behind 2018 Attack - CoinDesk
• Chainalysis Wants to Help the Feds Sell Millions in Forfeited Bitcoin - CoinDesk
• Joe Biden transition team adds former CFTC chair and crypto-focused academic Gary Gensler - The Block
• lyu_johnny on Twitter: "(1/3) Latest updates about #KuCoin Security Incident: So far, 84% of the affected assets have been recovered via approaches like on-chain tracking, contract upgrade and judicial recovery. As asked by the law enforcements, we will publish all the details once the case is closed." / Twitter
• Andreesen Horowitz-backed Deel launches crypto payroll tool - The Block

Brought to you by ungrocery.com

Bitcoin is up slightly at $13,013
Ethereum is up .5% at $417
and XRP is down 1% at 25 cents

Those are your leaders by market cap

Top gainers in the last 24 hours:
Vertcoin up 62%

Villanova University is sending a private Ethereum blockchain into space to test DLT on satellites.

The CFTC issued guidance on digital currencies for futures commission merchants.

PayPal is going shopping—reportedly in talks to acquire BitGo

Filecoin upgrade means miners get rewards faster.

Links:

• CFTC Staff Issues Advisory on Virtual Currency for Futures Commission Merchants | CFTC
• PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo - Bloomberg
• Villanova University to Send Private Ethereum Blockchain Into Space to Test Inter-Satellite Communication - CoinDesk
• Filecoin Upgrades Network, Rewards Miners Early - CoinDesk

Bitcoin is down 4% at $10,449
Ethereum is down 8% at $337
and XRP is down 5% at 23 cents

Top gainers in the last 24 hours:
UTRUST up 22%

October Surprise: Covid-19

Bitcoin fell yesterday ahead of the october surprise news on the CFTC and Department of Justice charges levied against BitMEX.

The European Central Bank published a 50-page report on the digital euro.

Coinlist president Andy Bromberg is leaving to lead ECO. Will act as special advisor to Coinlist.

Episode brought to you by ungrocery.com

Links:

• Founders And Executives Of Off-Shore Cryptocurrency Derivatives Exchange Charged With Violation Of The Bank Secrecy Act | USAO-SDNY | Department of Justice
• CoinList president has joined a crypto project backed by Uber co-founder - The Block
• Bitcoin, Stocks Fall as Trump Tests Positive for COVID-19 - CoinDesk
• European Central Bank publishes report on digital euro, says 'we need to be ready' to issue it - The Block

Bitcoin is down slightly at $11,558
Ethereum is down 2% at $385
and XRP is down 0.5% at 28 cents

Top gainers in the last 24 hours:
Aragon network up 18%
Cosmos up 17%
and Ocean Protocol up 15%

Researchers at cybersecurity firm Mitiga identified a Monero mining script in a community AWS AMI.

Scientists at the Los Alamos National Laboratory say they’ve designed an AI for detecting would-be cryptojackers.

The CFTC is going after the owner of the fraudulent bitcoin trading scheme Control-Finance.

Links:

• An AWS Virtual Machine Is Infected With Mining Malware. There Could Be Others - CoinDesk
• CFTC seeks $572 million in penalty and restitution from the owner of 'fraudulent' bitcoin scheme Control-Finance - The Block
• Los Alamos Scientists Develop AI to Fight Cryptojacking - CoinDesk

Bitcoin is up 1% at $9,605
Ethereum is up 4% at $284
and XRP is up 2% at 21 cents

Top gainers in the last 24 hours:
Unibright up 26%
and Block Stack up 15%

A federal court ruled that Bitcoin is a form of “money” covered under the Washington DC Money Transmitters Act.

Bitcoin Suisse raised $48 million in their first round of fund-raising.

Former CFTC chair Christopher Giancarlo made a case for the development of a digital dollar in a senate hearing.

Links:

• Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round - CoinDesk
• Bitcoin Is a Form of Money in DC, Federal Court Rules - CoinDesk
• Giancarlo pitches Congress on piloting a 'digital dollar' in the U.S.

Bitcoin is up half a percent at 7,169
Ethereum is up 2% at $182
and XRP is up slightly at 19 cents

Those are your leaders by market cap

Top gainers in the last 24 hours:
Unibright up 22%
Bora up 15%

dForce has suffered an exploit attack that resulted in a serious loss of assets — up to 99%.

Compound tokenized and decentralized its governance this week.

TradeStation crypto integrated with the crypto exchange ErisX

The CFTC has charged a Florida man and his companies for illegally collecting $1.6 million.

Links:

• DeFi platform Compound launches decentralized governance token with support from Coinbase Custody - The Block
• CFTC charges Florida man for sale of 'Compcoin' digital asset in alleged fraud scheme - The Block
• Weekend Attack Drains Decentralized Protocol dForce of $25M in Crypto - CoinDesk
• Brokerage platform TradeStation links up with crypto exchange ErisX - The Block

SEC vs Telegram Today

CFTC Says Gram is Commodity

Coinbase Named Visa Principal Partner

Links:

• SEC commissioner’s crypto enforcement proposal could impact landmark case v. Telegram - Reuters
• CFTC Letter Provides Little Clarity in Telegram’s Battle With SEC
• Coinbase Becomes First ‘Pure’ Crypto Firm Approved as Visa Principal Member - CoinDesk

Bitcoin is up 1% at $9,420
XRP is up 7% at at 25 cents
and Ethereum is up 5% at $190

Top gainers in the last 24 hours:
Status up 27%
Bitshares up 17%

Avocados from Mexico is taking blockchain to the big game.

Jack Dorsey has introduced a Bitcoin emoji on twitter.

The chairman of the CFTC said that the crypto market could soon see the launch of ether based futures contract.

Bitcoin is up 2% at $8,828
XRP is up 2% at 23 cents
and Ethereum is up 4% at $168

Top gainers in the last 24 hours:
Ethereum classic up 29%
Monacoin up 23%

"Cold War" currency talks at a pre-davos conference.

Former CFTC Chairman Christopher Giancarlo, partners with former LabCFTC Director Daniel Gorfine to form the Digital Dollar Foundation.

Renewed efforts for a de minimis tax exemption heads back to the US Congress.

Links:

• Currency 'Cold War' Takes Center Stage at Pre-Davos Crypto Confab - CoinDesk
• Former CFTC Officials Ramp Up Push for Digital Dollar With Accenture Partnership - CoinDesk
• New Congressional bill seeks de minimis tax exemption for smaller crypto transactions - The Block

Does Senator Loeffler Have a Conflict of Interest?

Links:

• Former Bakkt CEO to Help Oversee CFTC in Congress - CoinDesk

Top gainers in the last 24 hours:
Centrality up 16%
Dentacoin, up 15%

Mercado Pago, Visa, eBay, Stripe and Mastercard have all officially left the Libra project.

Facebook and Calibra are facing a lawsuit in the state of New York over an alleged trademark infringement

The chairman of the CFTC confirms that the ethereum cryptocurrency is a commodity

Links:

• CFTC Chairman Confirms Ether Cryptocurrency Is a Commodity - CoinDesk
• Mercado Pago, Visa, eBay, Stripe, and Mastercard drop out of Facebook's Libra - The Block
• Facebook and Calibra sued in NY federal court in trademark case involving logo design - The Block

BITMAX Live on LINE

DeWitt Gets CFTC Gig

Binance Launches in US

Houbi Argentina Live

Links:

• Messaging App LINE’s Crypto Exchange Goes Live for 80 Million Users in Japan - CoinDesk
• New York Among 13 States Excluded as Binance.US Opens for Registrations - CoinDesk
• CFTC Taps Coinbase Lawyer to Head Division Overseeing Bitcoin Futures - CoinDesk
• Huobi Expands Crypto Exchange to Argentina Amid Peso Devaluation - CoinDesk

Ripple Execs Garlinghouse and Larsen Write Congress

Ridenour Bails on Coinbase, Back at CFTC

Old Austrian Firms Launches New Wallet Chainlock

Links:

• 200-Year-Old Passport Printing Firm Launches Hardware Crypo Wallet - CoinDesk
• The Block - Crypto simplified