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Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and Inflation

Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and InflationFormer Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with newly printed dollars flooding the market. But while bitcoin’s future looks bright, Hayes warns investors […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

China’s Former Vice Minister of Finance Calls for Research on Crypto as US Policy Pivots

China’s Former Vice Minister of Finance Calls for Research on Crypto as US Policy PivotsZhu Guangyao, China’s former vice minister of Finance, has called on the country to continue researching crypto as the US changes its attitude towards the asset class. During the 2024 Tsinghua PBOC Chief Economist Forum, Guangyao stated that crypto should be studied “because it is a crucial aspect of the development of the digital economy.” […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

100,000,000 Americans Exposed in Massive Data Breach – Revealing Names, Locations, Dates of Birth, IP Addresses, Phone Numbers and More: Report

100,000,000 Americans Exposed in Massive Data Breach – Revealing Names, Locations, Dates of Birth, IP Addresses, Phone Numbers and More: Report

Nearly one-third of the US population has had their sensitive personal data exposed in a massive new breach, according to security researchers. The background check company MC2 Data has left a stunning amount of information out in the open, likely due to human error, reports Cybernews. The data includes names, emails, IP addresses, user agents, […]

The post 100,000,000 Americans Exposed in Massive Data Breach – Revealing Names, Locations, Dates of Birth, IP Addresses, Phone Numbers and More: Report appeared first on The Daily Hodl.

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Will Trump pardon SBF? 6 weird Polymarket betting pools on US politics

As the US elections approach, crypto policy betting surges on Polymarket. From traditional political predictions to quirky, unexpected wagers, users are placing bets on what’s to come.

Crypto betting platform Polymarket has received mainstream attention as betting pools on the United States presidential elections have helped the platform surpass $1 billion in volume. 

Polymarket allows individuals to anonymously create market betting pools on almost any event, with outcomes determined in a binary “yes” or “no” format. While most users focus on straightforward bets, a subset of investors gravitate toward more unorthodox wagers.

As election day approaches and crypto policies become a prominent topic in the campaign, a wide range of wagers related to politicians and crypto policies are on the rise. These bets range from conventional political predictions to humorous and bizarre speculations.

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Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Circle predicts stablecoins will become mainstream global payment method

Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.

Circle, the issuer of the world’s second-largest stablecoin USDC, feels “confident” that stablecoins will become mainstream money. Simultaneously, regulations should be harmonized globally to ensure compliance for all payment stablecoin issuers.

“Circle is confident that there will be mainstream adoption of stablecoins as the money for the internet age,” Dante Disparte, chief strategy officer and head of global policy at Circle, told Cointelegraph in an exclusive interview. 

“We expect there will be internet payments firms and other financial services companies that (will) attempt to enter or to expand in this space, which is a strong signal that stablecoins are here to stay,” Disparte pointed out.

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Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Crypto may swing election in battleground states — law professor

According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past.

As the 2024 election season commences in the United States, the crypto industry and broader community have mobilized to support perceived pro-crypto candidates. Dr. Tonya M. Evans—a tenured law professor at Pennsylvania State University—sat down with Cointelegraph to explain the impact of crypto on the upcoming elections.

According to Dr. Evans, the upcoming presidential race, in particular, will be decided by razor-thin margins—where many issues can potentially swing the vote, including crypto.

However, the law professor also noted: “If you’re a multi-issue voter who happens to also be pro-crypto, you’re far less likely to be swayed by either candidate on this point alone.”

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Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

North Carolina resists the CBDC tide with new payments ban

A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal. 

Privacy and sovereignty concerns over central bank digital currencies (CBDCs) mean that a digital dollar won’t be coming to the US state of North Carolina anytime soon.

On Sept. 9, the state’s Senate overrode the governor’s veto and passed into law a bill that forbids the state from accepting CBDCs as a form of payment.

The bill also prohibits the United States Federal Reserve from conducting any “testing” of a digital dollar in North Carolina.

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Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Rare Ape CryptoPunk sells for $1.5M, Magic Eden dominates NFT trading volume: Nifty Newsletter

A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea.

In this week’s newsletter, read about how the non-fungible token (NFT) marketplace Magic Eden continues to dominate the space in trading volume, surpassing its competitors. However, the company has also faced backlash over its decision to segregate its United States-based services. Check out how a rare CryptoPunk sold for almost $1.5 million despite the market not looking good for NFTs. In other news, blockchain advocates urged the US Congress to define certain NFTs as consumer products and exempt them from securities laws.

Magic Eden clinched the top spot in trading volume in August, marking its sixth consecutive month in first place. The marketplace recorded a volume of $122.47 million, securing a 36.7% market share for the month. 

Blue held the second spot with a trading volume of $84 million. This gave the NFT marketplace a market share of 25.4%. Meanwhile, OpenSea saw $66.5 million in trading volume in August, bringing its market share to almost 20%.

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Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

US, Nigeria Convene AI Conference to Promote Inclusive Tech Adoption

US, Nigeria Convene AI Conference to Promote Inclusive Tech AdoptionThe U.S. and Nigeria will host a pan-African Artificial Intelligence (AI) conference in Lagos from September 10-11. The conference will bring together government officials, tech leaders, and civil society to discuss the opportunities and challenges of AI development and use. Participants will work to identify and harmonize tech governance strategies to ensure AI is adopted […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

BlackRock ETF sees biggest inflow in 35 days as Bitcoin weekly rally pauses

BlackRock’s IBIT Bitcoin fund had its biggest inflow day since July 22 as Bitcoin slipped back under $64,000 following a weekly rally.

BlackRock’s Bitcoin exchange-traded fund (ETF) recorded its largest daily net inflow in 35 days, with buyers seemingly taking advantage of Bitcoin’s small slide under $64,000 after a weekly rally. 

The iShares Bitcoin Trust ETF (IBIT) on Aug. 26, recorded a $224.1 million net inflow, its largest since July 22 when it had $526.7 million in inflows and Bitcoin (BTC) hit a daily top of $67,534 per Farside Investors data and Cointelegraph Markets Pro.

Bitcoin has fallen nearly 2% in the last 24 hours to $63,031 from a daily high of $64,121. It came after a strong weekly rally that took BTC from a seven-day low of $58,756 to a high of $64,475 on Aug. 25, its highest price since around the start of August.

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Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions