crypto
* Kraken has discontinued support for Lightning withdrawals in Germany due to regulatory issues. * German customers can no longer use the Lightning Network for faster and more private BTC transactions. * Kraken removed the 'lnbc' prefix from its list of supported assets for BTC withdrawals in Germany. * A support agent
bitcoin
* The European Central Bank (ECB) has lowered its interest rate for deposit lending facility by 25 basis points. * Bitcoin and major stock market indices are slightly up following the ECB's decision. * The ECB expects core inflation to decline rapidly over the next two years. * Economic growth projections are
ethereum
1. Ethereum's true value is not reflected in the broader market, but refined messaging could attract Wall Street investors. 2. Executives from Attestant remain bullish on Ethereum despite low appetite for US ETFs and complaints of underperformance. 3. Diversification and better marketing are crucial for Ethereum to attract
congressional
* United States lawmakers divided on decentralized finance (DeFi) at first-ever Congressional hearing. * Republican lawmakers advocate for peer-to-peer future, while Democrats express concerns about crime and tax evasion. * Witnesses argue for more guidance on compliance and the need for financial inclusion. * Vice President Kamala Harris and former President Donald Trump did
bitcoin
* Standard Chartered launches digital asset custody service in UAE, licensed by DFSA. * Initial focus on Bitcoin and Ethereum, plans to expand to more digital assets. * Brevan Howard Digital named as first client, addressing institutional interest in digital assets. * Service provides secure storage and comprehensive solution for regulatory challenges. * Standard Chartered
bitcoin
* A solo Bitcoin miner earned $180,000 by processing a block on their own. * The block contained 5,935 transactions and a reward of 3.169 BTC. * Solo CK, a mining pool, distributed the reward to the successful miner. * The miner used 0.098% of the total power securing the
chainalysis
* A leaked video suggests that Monero transactions may be traceable, contradicting the coin's privacy claims. * Chainalysis, a blockchain analytics firm, allegedly traced Monero transactions using its own "malicious" nodes. * Monero community leader Csilla Brimer refuted the claims, stating that Chainalysis used fake proxy nodes. * Users can
election
* Bitcoin investors should expect low returns in September, historically the worst month for Bitcoin's price action. * Few catalysts for Bitcoin in the coming weeks, with focus on macroeconomic data and monetary decisions. * The fourth quarter has historically been strong for Bitcoin, with October and November showing significant gains.
bill
* North Carolina's General Assembly passes bill banning state from implementing a US Federal Reserve-issued CBDC. * Senate overrides Governor Cooper's veto with a 27-17 vote in favor. * Bill prohibits state from accepting CBDCs as payment and participating in future CBDC tests. * 12 Democrats flip their position to
blockchain
* Rollups are gaining attention as a scaling solution for Bitcoin, surpassing the Lightning Network. * Rollups aim to be an off-chain layer two that overcomes liquidity limitations. * They function by holding user balances in a single account and using merkle trees. * Users can exit the rollup without permission by proving their
accusations
* Montenegro's prime minister lied to the president about knowing Do Kwon on the day of his arrest. * President Milatović confronted the prime minister during a political party meeting. * Former PM Abazović alleged that the prime minister met Do to purchase Terra/Luna tokens. * SEC filings confirm the prime
bitcoin
* The 11 US-based spot Bitcoin ETFs experienced net outflows of $1.2 billion in eight days. * These outflows mark the longest streak of withdrawals since the ETFs launched in January. * Bitcoin's price drop in September contributed to the outflows. * Historically, September has been a challenging month for BTC