Author: American Coins & Gold

Polygon to Buy M of Servers With Computer Chips Devoted to Zero-Knowledge Cryptography
The purchase is part of a deal with hardware maker Fabric, that is also producing custom zero-knowledge chips for Polygon’s AggLayer.

UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs
Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed british pounds 2.6 million ($3.4 million) in crypto transactions across various locations.

First Mover Americas: Bitcoin Rises to K as ETFs End Losing Streak
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Tron, Tether and TRM Labs Start Financial Crime Fighting Force
The T3 Financial Crime Unit (T3 FCU) is looking to clean up USDT issued on Tron, a blockchain favored by bad actors.

Nansen Buys StakeWithUs, Expanding Beyond Data Provision Into Crypto Investment
The company will also become one of the first validators on the Berachain mainnet.

Crypto Retail Market Is Poised for a Rebound: Gemini
Crypto adoption has remained steady in the U.S. and the U.K. in the past two years, the report said.

Crypto Traders Remain Cautious About Downside Risks in Bitcoin, Ether; SOL Stands Out
Options tied to bitcoin and ether show a bias for put options, according to QCP Capital.

Nigeria SEC to Commence Enforcement Action on Unlicensed Crypto Firms: Reports
We are certainly going to commence enforcement actions on anyone who wants to operate in this market and does not have the intention of being regulated, Emomotimi Agama, the SEC’s Director General said.

Bitcoin Trading Volume Surged to .8T in January to August Period
The rise in crypto volatility has been accompanied by increased market participation in the bitcoin market, Kaiko said.

Coinbase Layer-2 Success Shows Power of Marketing Over Cutting-Edge Tech