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  • iTuber Crypto News

    Arthur Hayes, co-founder and ex-CEO of crypto exchange BitMEX, predicts a surge in the price of Ethereum (ETH) to $3,000 before the year ends. “There will be less issuance of it, and it’s the only currency of this size that’s doing this switch,” Arthur said .“We know the emission schedule after the merge and the flows are going to be similar to Bitcoin halving.” More info: https://bit.ly/3xlInRI

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    The U.S. Treasury published new guidance on the subject of the Tornado Cash sanctions on its website today. The Treasury Department has acknowledged that the protocol was not only used by cybercriminals. The Treasury clarified that interacting with the protocol’s open-source code was not illegal. More info: https://bit.ly/3DpwIoS

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    Cryptocurrency exchange Coinbase started experiencing technical issues earlier today, with trades “intermittently failing.” According to the exchange’s status page, the issue has been identified. The cryptocurrency market is currently in the middle of a massive sell-off, with Bitcoin being just a hair’s breadth away from slipping below the pivotal $20,000 level. It is on track to record its worst day since June. More info: https://bit.ly/3DpvREG

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    The Linux Foundation, a global nonprofit organization that enables innovation within the blockchain ecosystem through access to open source technology, has announced plans to launch the OpenWallet Foundation (OWF). More info: https://bit.ly/3U6guqH

  • iTuber Crypto News

    Ethereum developers are worried about censorship after The Merge and preparing to fight against it. Such censorship could potentially come from validators complying with US sanctions. More info: https://bit.ly/3dezker

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    Fidelity Investments might provide its clients with access to Bitcoin trading via its brokerage platform, according to a report from The Wall Street Journal. The firm has been highly engaged in crypto markets, and already announced products that will provide their wealthy clients with exposure to the cryptocurrency. More info: https://bit.ly/3eJslL0

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    According to a recent report, the White House administration pushing for a ban on mining Bitcoin and other Proof-of-Work cryptocurrencies for their high energy consumption and the negative implications of mining on the environment. More info: https://bit.ly/3Bd9hfD

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    Coffee giant Starbucks is teaming up with Polygon (MATIC) to give its loyalty program customers a chance to buy and earn collectible non-fungible token (NFT) stamps. More info: https://bit.ly/3ezmV58

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    Crypto exchange Huobi has ceased topping-up service for seven kinds of privacy-focused tokens on its exchange as it prepares to delist the tokens on Sept. 19, citing regulatory concerns. The privacy tokens to be delisted are Monero, Dash, Decred, Firo, Verge, Zcash, and Horizen. More info: https://bit.ly/3qDIWT2

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    The Norges Bank stated that the Ethereum cryptocurrency system is expected to provide a “core infrastructure” for issuance, distribution and destruction of digital central bank money, which is also referred to as DSP. More info: https://bit.ly/3U09ATR

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    Bitcoin’s hash rate has hit a new all-time high of 281.79 million. The next BTC halving is now projected to take place as early as Q4 2023. More info: https://bit.ly/3eKSQ2w

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    According to a new report by Bloomberg, Polygon is going to broaden its workforce by 40% in the coming months to capitalize on the availability of talent after a number of crypto companies either laid off employees or imposed a hiring freeze this year. The company says it’s going to be hiring about 200 managers, engineers and staff for overseeing partnerships. More info: https://bit.ly/3BsH6K7

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    Microstrategy contracted two global investment firms, BTIG and Cowen, as agents to help it sell its company shares for an aggregate price of up to $500 million. The company plans to double down on its BTC purchases using proceeds from a $500 million sale of its stock. More info: https://bit.ly/3RUyRNh

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    Charles Hoskinson explained that he is not capable of forcing the Vasil hard fork in response to a critic, highlighting the blockchain’s decentralization. The much-anticipated upgrade is expected to occur on Sept. 22. More info: https://bit.ly/3TRwSLH

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    DBS Bank Ltd., the largest lender in Southeast Asia, said it has partnered with The Sandbox, a blockchain-based metaverse gaming platform, to build new services for clients in the 3D virtual world that uses digital avatars. More info: https://bit.ly/3DaIKSU

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    A vulnerability report was released to the public earlier today highlighting an attack that could have taken down the entire Avalanche Network, one of the largest Layer 1 blockchains. The vulnerability has since been patched. More info: https://bit.ly/3cYpSMe

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    Input Output, the company behind the Cardano blockchain, announced the release of the mainnet version of. Version 5.0.0 fixes several issues such as errors when choosing syncing wallets during the process of redeeming incentivized testnet (ITN) rewards. It has also gotten rid of older Daedalus executables that wouldn’t get deleted in the previous versions after auto-update. More info: https://bit.ly/3Qzarrw

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    Binance’s Layer 1 BNB chain has announced its own zero-knowledge (ZK) proof scaling technology, which it coined zkBNB. More info: https://bit.ly/3TRCFAM