This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Hackers stole $313.86M in cryptocurrency across more than ten incidents in August
Hackers targeted the crypto industry over ten times in August to plunder hundreds of millions. Blockchain security firm PeckShield announced on Sunday that malicious actors seized hundreds of millions in cryptocurrency in more than ten security incidents during August…[continue reading]
2) Turkey has expressed its desire to become a member of the BRICS
Turkey is interested in participating in the BRICS initiative. The most recent statement from Foreign Minister Hakan Fidan is as follows: “Certainly, we would appreciate the opportunity to join the BRICS. Therefore, we will observe the outcome of this year.”…[continue reading]
3) Coinbase witnesses its inaugural cryptocurrency transaction between AI agents
Following numerous industry initiatives to establish platforms for AI agents to implement transactions, Coinbase CEO Brian Armstrong recently supervised his first crypto transaction that was entirely managed by artificial intelligence bots…[continue reading]
4) Binance Verifies Their Support for Cardano’s Upcoming Chang Hard Fork
In order to guarantee the optimal user experience during the transition process, Binance will momentarily suspend token deposits and withdrawals on the Cardano network at 20:45 UTC on that date. Approximately one hour later, at 21:45 UTC, the hard fork will occur, and Binance will recommence deposits and withdrawals once the enhanced network is confirmed to be functional…[continue reading]
5) Musk Gets $258 Billion Dismissal Dogecoin Manipulation Suit
Elon Musk, the CEO of Tesla Inc., has successfully dismissed a high-profile $258 billion lawsuit that accused him and his company of manipulating the price of Dogecoin (DOGE), the popular meme-based cryptocurrency…[continue reading]
6) Lightspark Facilitates Immediate Bitcoin Payments to US Banks
Businesses can now effortlessly transmit UMA-powered payments to eligible recipients throughout the United States with Lightspark Extend. UMAs (Unified Messaging Addresses) streamline the value transmission process. They enable users to transmit payments by utilizing a human-friendly address, which is akin to an email, rather than recollecting lengthy codes or passwords…[continue reading]
7) Indonesia plans to outlaw the app Telegram as its CEO faces charges in France
The CEO of Telegram, Pavel Durov, is currently facing an official indictment in France. He was released after a court appearance on August 29, 2024, after paying a €5 million surety. However, he was prohibited from leaving the country. The trial encompasses a variety of allegations that are pertinent to his position within the messaging service…[continue reading]
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