Bitcoin is down 1% at $38,993
Ethereum is up 2% at $2,761
and Binance Coin is up .5% at $375

Cosmos up 15%

The European Commission proposes troubling language in new Data Act regarding smart contracts.

Rakuten launches its own NFT marketplace

Federal grand jury indicts founder of BitConnect.

Patreon, removes charity "Come Back Alive" from site.

Links:

• On the removal of Come Back Alive | Patreon Blog
• BitConnect founder indicted for alleged $2.4 billion Ponzi scheme
• Press corner | European Commission
• Rakuten Launches Rakuten NFT, a New Marketplace and Sales Platform for NFTs | Rakuten Group, Inc.

Bitcoin is down slightly at $56,941
Ethereum is down .5% at $4,605
and Binance Coin is down slightly at $625

Those are your leaders by market cap, top gainers in the last 24 hours…

Cosmos up 20%
Polygon up 16%

Senator Elizabeth Warren wants answers from bitcoin mining company Greenidge Generation.

The SEC denied WisdomTree's spot Bitcoin ETF proposal.

DeFi Protocol BadgerDAO was exploited yesterday. $120M lost.

Coinbase Cloud has $30B worth of assets staked on platform.

Square will rebrand its corporate entity to Block

Links:

• Square = Block. Business Wire
• Warren's Letter
• Coinbase Cloud has $30 billion in crypto assets staked

Bitcoin is down slightly at $43,745
Ethereum is down 1% at $3,067
and Cardano is down 1% at $2.20

Terra up 23%
Avalanche up 21%
Cosmos up 21%

Snoop Dogg reveals himself as the NFT collector Cozomo de' Medici.

Dapper labs raised another $250M in funding — valuation tops $7B.

Bitcoin .org briefly hacked to promote scammy bitcoin giveaway.

US magistrate judge denies Ripple’s request for documents detailing regulators crypto trading activity.

Links:

• Ruling in Ripple case
• Bitcoin.org site appears to be hacked for promoting bitcoin giveaways
• NBA Top Shot creator Dapper Labs raises another $250 million | TechCrunch
• Snoop Dogg Says He's the NFT Influencer CozomoMedici - The Street Crypto: Bitcoin and cryptocurrency news, advice, analysis and more

Bitcoin is up 1% at $49,299
Ethereum is up 1% at $3,233
and Cardano is up 1% at 2.47

Avalanche up 33%
Cosmos up 17%
Near Protocol up 16%

Binance is suspending futures in Brazil due to regulatory pressures.

Brian Quintenz a crypto-friendly CFTC commissioner will leave office at the end of August.

Blackrock has almost $400M invested in Bitcoin mining stocks.

Fractional.art has raised $7.9M in a seed round.

Coinbase has named Mitsubishi UFJ as their banking partner in Japan.

Links:

• BlackRock Joins Fidelity And Vanguard As A Bitcoin Mining Investor
• Statement of Commissioner Brian D. Quintenz on the End of His Term and Future Plans | CFTC
• 'Fractional' NFT platform raises $7.9 million in seed funding
• Coinbase launches in Japan. Coinbase was founded in 2012 as an easy… | by Coinbase | Aug, 2021 | The Coinbase Blog

Bitcoin is up .5% at $44,579
Ethereum is up .5% at $2,998
and BNB is up 1.5% at 407

Ethos up 41%
Avalanche up 37%
Cosmos up 19%

Japan’s Liquid exchange was hacked late yesterday. The full impact is not yet known.

Coinbase is increasing its reserves from $1.1B to a stockpile of $4.4B in case of a crypto winter.

The operator of the bitcoin mixing service Helix pleads guilty to laundering more than $300M.

Fintech darling Bitpanda raised another 263M.

The google search volume for the NFT marketplace OpenSea reached an all-time high last week.

Links:

• Liquid Global Official on Twitter: "Important Notice: We are sorry to announce that #LiquidGlobal warm wallets were compromised, we are moving assets into the cold wallet. We are currently investigating and will provide regular updates. In the meantime deposits and withdrawals will be suspended." / Twitter
• Coinbase Builds a $4 Billion Cash Pile To Weather Tighter Regulation, Crypto Risks - WSJ
• Operator of bitcoin mixing service Helix pleads guilty to money laundering
• Google search volume for OpenSea at an all-time high
• Bitpanda Crypto Startup Raises $263 Million in Series C Funding

Bitcoin is up .5% at $48,959
Ethereum is up 1% at $3,905
and Binance Coin is up .5% at 587.

Polygon up 31%
Cardano up 15%
Cosmos up 15%

Microsoft is closing down its Azure Blockchain Service in September.

The Bank of England says it looks probable that the state would need to issue some form of digital cash to retain citizen’ confidence.

Argentina’s Tax authority has ordered crypto exchanges to file information on transactions.

Binance is facing an investigation by the IRS and Department of justice

The Bitcoin wallet used by DarkSide for ransom payments has ben ID’d by Elliptic

Links:

• Azure Blockchain Service retirement notification and guidance - Azure Blockchain | Microsoft Docs
• Binance Faces Probe by U.S. Money-Laundering and Tax Sleuths (1)
• Elliptic Follows the Bitcoin Ransoms Paid by Colonial Pipeline and Other DarkSide Ransomware Victims
• Do we need ‘public money’? - speech by Jon Cunliffe | Bank of England
• Argentina’s Tax Authority Orders Crypto Exchanges to File Information on Transactions: Report - CoinDesk

Bitcoin is up slightly at $47,427
Ethereum is up .5% at $1486
and Cardano is down .5% at 1.42

Top gainers in the last 24 hours:
Stellar up 22%
Cosmos up 19%
Polkadot up 17%

Ethereum miners are hashing out their differences regarding protocol update EIP-1559.

Bitcoin in Nigeria is trading at a 46% premium on the exchange Luno Nigeria.

There’s apparently a backdoor on popular website Bitcoin Paper Wallet.

Links:

• Bitcoin Is Trading at a 46% Premium on Luno Nigeria - CoinDesk
• Staying on the (b)right side of history: EIP-1559 | f2pool
• Ethereum's biggest mining pools take opposing stances on EIP-1559 plan
• BitcoinPaperWallet ‘Back Door’ Responsible for Millions in Missing Funds, Research Suggests - CoinDesk

Bitcoin is up .5% at $49,593
Ethereum is up slightly at $1795
Cardano is down 1% at .88

Top gainers in the last 24 hours:
Cosmos up 23%
Horizon up 15%

Bitcoin has broken above 50k for the first time ever

MicroStrategy looks to raise $690M to buy more Bitcoin.

UK based ExMO went down yesterday with a DDoS attack.

Russia’s lower house is set to discuss a bill on crypto taxation this week.

Links:

• MicroStrategy Announces Proposed Private Offering of $600 Million of Convertible Senior Notes
• (1) EXMO on Twitter: "Important: DDoS attack on EXMO 📢❗️ Please note the EXMO exchange website is now under the DDoS attack. The servers are temporarily unavailable. We are solving this issue right now. Please stay tuned." / Twitter
• Russia's Lower House to Consider Bill on Crypto Taxation This Week - CoinDesk

Bitcoin is up .5% at $47,923
Ethereum is up slightly at $1782
and Cardano is up slightly at .92

Top gainers in the last 24 hours:
TheGraph up 64%
Cosmos up 27%
Tron up 16%

Jack Dorsey and Jay Z announced a new endowment called BTrust.

The Indian government is hardening its stance on cryptocurrency.

Andrew Yang says he'll make NYC a BTC hub if elected.

Miami Commission taps breaks on Mayor Francis Suarez's plans.

Links:

• Miami City Hall could start doing business in Bitcoin | Miami Herald
• jack on Twitter: "JAY-Z/@S_C_ and I are giving 500 BTC to a new endowment named ₿trust to fund #Bitcoin development, initially focused on teams in Africa & India. It‘ll be set up as a blind irrevocable trust, taking zero direction from us. We need 3 board members to start: https://t.co/L4mRBryMJe" / Twitter
• Intent On Ban, India To Give Transition Time To Crypto Investors — BQ Exclusive
• Andrew Yang🧢🗽🇺🇸 on Twitter: "As mayor of NYC - the world’s financial capital - I would invest in making the city a hub for BTC and other cryptocurrencies." / Twitter

Bitcoin is down slightly at $40,037
Ethereum is down slightly at $1678
and Polkadot is down 1% at 20.07

Top gainers in the last 24 hours:
Binance Coin up 23%
Cosmos up 17%
Elrond up 16%

Nigeria’s central bank has ordered banks to close accounts of all crypto users

COPA is challenging craig wright’s Bitcoin white paper claim.

Links:

• Nigeria Central Bank Orders Cryptocurrency Accounts to Close - Bloomberg
• COPA on Twitter: "COPA stands for an open financial system and was formed to remove barriers that stifle innovation. We are hosting the Bitcoin whitepaper and stand with our members and the crypto community to address this issue. Here’s our letter in response to last week’s cease and desists. https://t.co/NfM56rfCEc" / Twitter

Bitcoin is down 1% at $31,232
Ethereum is up slightly at $1310
and Polkadot is down 1% at $17.08

Top gainers in the last 24 hours:
Dogecoin up 49%
Elrond up 27%
Cosmos up 16%

GME Frenzy highlights centralization in status quo.

The Federal Reserve keeps things loose.

BIS' Agustín Carstens is not a fan of bitcoin.

Blockstream picks up $25M worth of mining rigs from MicroBT.

Links:

• Blockstream Purchase $25M of Bitcoin Mining Hardware from MicroBT
• Wall Street, Big Tech Clamp Down on GameStop-Style Pumps; Biden Admin 'Monitoring' Situation - CoinDesk
• BIS Chief Blasts Bitcoin's Viability, Prompting Blowback From Advocates - CoinDesk
• Fed Holds Policy Steady as Economy Stumbles - WSJ

Bitcoin is down 3% at $37,775
Ethereum is up 2% at $1220
and Polkadot is up 10% at 13.80

Top gainers in the last 24 hours:
HedgeTrade up 115%
Cosmos up 25%
Chainlink up 20%

Francis Suarez, mayor of Miami, considers some BTC reserves.

Anchorage secured conditional approval for a national trust charter from the US OCC.

Derebit sets maximum bitcoin options strike price to 400k.

Acting comptroller of the Currency Brian Brooks says 'everything is at risk'

Chainalysis flags pre-Jan 6th $500k donation to alt-right factions.

Links:

• Chainalysis Blog | Alt-Right Groups and Personalities Involved In Last Week’s Capitol Riot Received Over $500K In Bitcoin From French Donor One Month Prior
• Miami mayor considers bitcoin investment to create crypto hotbed | Fox Business
• Financial Censorship After Capitol Riot 'Truly Chilling,' Says OCC's Brooks - CoinDesk
• Deribit on Twitter: "We've added the $BTC 400K strike in the Dec21 expiry! 🚀 Send tweet!" / Twitter
• Anchorage Becomes First OCC-Approved National Crypto Bank - CoinDesk

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 down 1% at $11,664
Ethereum is down slightly at $390
and XRP is down 2% at 29 cents

Top gainers in the last 24 hours:
Chainlink up 24%
Cosmos up 19%
and VeChain up 15%

A California privacy watchdog has spoken out against a proposal to put medical records on the blockchain.

The crypto debit card provider Wirex is expanding in the US.

German authorities have seized 30 million worth of crypto from the streaming site Movie2K.

Bitcoin is up 13% at 6,673
Ethereum is up 12% at $145
and XRP is up 7% at 16 cents

Those are your leaders by market cap

Top gainers in the last 24 hours:
Bitcoin SV up 28%
Bitcoin Cash up 19%
and Cosmos up 15%

Police in India have arrested a woman who stole 64 bitcoin from a former employer.

The Tezos foundation had most of their 600 million in assets in BTC in Jan.

Senator Kelly Loeffler and Senator Richard Burr are under scrutiny for having sold millions in stock before the recent crash.

Coinbase’s visa debit card can now be setup with Google Pay to spend crypto.

Links:

• Indian police arrest woman who stole 64 bitcoins from her former employer - The Block
• Tezos Foundation had over $600M in assets as of January, 47% in bitcoin - The Block
• Senator Kelly Loeffler, former Bakkt CEO, sold millions in stock before coronavirus-induced market crash - The Block