Author: American Coins & Gold

Crypto Goes Unmentioned Again at Second Presidential Debate
Crypto did not emerge as a topic of discussion during the second presidential debate, but that didn’t stop the candidates from going back and forth on a number of other topics.

AI Tokens ICP, FET Buck Crypto Market Drop as Apple Flags Artificial Intelligence Foray
The iPhone maker’s “It’s Glowtime” event on Monday focused on bringing AI capabilities to the smartphone.

Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says
September could be another difficult month for the miners as bitcoin remains below $60K and the network hashrate continues to rise, the report said.

Tokenized RWA Platform Huma Finance Gets M Investment, Plans Expansion to Solana and Stellar’s Soroban
Huma’s payment-finance platform aims to address the liquidity needs of trade financing using blockchain technology for faster settlement.

Indonesian Crypto Exchange Indodax Hacked for M; Pauses Activity Before Bigger Hit
The exchange is focused on the Indonesian market and recorded $11 million in trading volumes on Monday.

Singapore Investigating Seven People for Providing Worldcoin Services
Singapore is investigating seven “subjects” for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on Tuesday.

Bitcoin Slides, Yen Gains as Trump-Harris Debate Disappoints Markets
Asian markets and U.S. stock futures experienced a downturn, with Bitcoin dropping over 2% to $56,300, reflecting a risk-off sentiment in financial markets following the presidential debate where Kamala Harris was perceived to outperform Donald Trump.

Caroline Ellison Shouldn't Go to Jail After FTX Collapse, Attorneys Say
Former Alameda Research CEO Caroline Ellison should be sentenced to time served and a non-custodial term after her cooperation with prosecutors in taking down Sam Bankman-Fried, her attorneys said in a late Tuesday night filing.

Harris Won U.S. Presidential Debate Versus Trump, Polymarket Betting Suggests
Vice President Kamala Harris appears to have beaten former President Donald Trump in the first debate between the U.S. presidential candidates on Tuesday, based on the direction of prediction bets on Polymarket, while crypto policy went unmentioned.

Former FTX Executive Caroline Ellison's Sentencing Hearing Set for Sept. 24
Former Alameda Research CEO Caroline Ellison’s sentencing hearing has been scheduled for Sept. 24, 2024, at 3:00 p.m. EDT.