Saylor gets sued, FBI warns about DeFi exploits, and Crypto.com drops 5M sponsorship: Hodler’s Digest, Aug. 28

Saylor gets sued, FBI warns about DeFi exploits, and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week   DC Attorney General sues…

The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price

The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price

When Bitcoin was trading above $60,000, the smartest analysts and financial-minded folk told investors that BTC price would never fall below its previous all time high.  These same individuals also said $50,000 was a buy the dip opportunity, and then they said $35,000 was a generational buy opportunity. Later on,…

Surge or purge? Why the Merge may not save Ethereum price from ‘Septembear’

Surge or purge? Why the Merge may not save Ethereum price from ‘Septembear’

Ethereum’s native token, Ether (ETH), is not immune to downside risk in September after rallying approximately 90% from its bottom of around $880 in June. Much of the token’s upside move is attributed to the Merge, a technical upgrade that would make Ethereum a proof-of-stake (PoS) protocol, slated for Sep. 15. But…

Bitcoin market dominance plumbs 4-year lows as BTC price ditches K

Bitcoin market dominance plumbs 4-year lows as BTC price ditches $20K

Bitcoin (BTC) traded below $20,000 on Sep. 3 as commodities declined on news of a G7 Russian energy ban. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All down after gloomy macro week Data from Cointelegraph Markets Pro and TradingView showed ongoing lackluster performance on BTC/USD, which traded around $19,800. The…

Binance identifies KyberSwap hack suspects, involves law enforcement

Binance identifies KyberSwap hack suspects, involves law enforcement

Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack.  On Sept. 1, Kyber Network succumbed to a frontend exploit, allowing the attacker to make away with $265,000 worth of user funds from KyberSwap. While investigations were…

Crypto’s adaptability, openness key to ideal monetary system, say BIS execs

Crypto’s adaptability, openness key to ideal monetary system, say BIS execs

Governments across the globe see central bank digital currencies (CBDC) as a means to improve the existing fiat ecosystem. Cryptocurrency’s technical prowess supported by the central bank’s underlying trust is key to enabling a rich monetary ecosystem, suggests an International Monetary Fund (IMF) publication.  “Digital technologies promise a bright future…

Sept. 22 is the date for Cardano’s Vasil hard fork launch, 3 months after target date

Sept. 22 is the date for Cardano’s Vasil hard fork launch, 3 months after target date

Cardano has set September 22 as the date for its Vasil mainnet upgrade, founder of the blockchain Charles Hoskinson announced on his YouTube vlog Friday. The hard fork was originally scheduled for June of this year and rescheduled twice. According to Cardano-associated R&D company Input Output Hong Kong (IOHK), which…