Bitcoin traders wipe Grayscale gains after SEC delays spot ETF decisions

The price of BTC rose sharply and fell almost as fast over the past three days amid two recent events impacting pending applications for spot Bitcoin ETFs.

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Thailand’s national airdrop, Delio users screwed, Vietnam top crypto country: Asia Express

Thailand to give every citizen 10,000 Baht in crypto, Delio users unlikely to recover all funds, Vietnam is world’s No.1 country for crypto.

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BlackRock's Bitcoin ETF the 7th application delayed by SEC on Aug. 31

The world’s largest asset manager has been waiting to offer an exchange-traded fund for its iShares Bitcoin Trust in the United States.

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KC Fed tracks healthy growth of crypto ATM industry despite predatory operators

The crypto ATM industry gets little attention relative to its size and issues. It appeals to users with motivations ranging from convenience to investment.

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Hurricane Idalia delays Ron DeSantis’ reported plans to accept crypto campaign donations

The storm hit Florida first in the continental U.S., which may have stopped Ron DeSantis from joining Vivek Ramaswamy in accepting crypto donations for his presidential campaign.

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Worldcoin signs up over 9K users in Argentina in a single day despite criticism

The iris-scanning project saw a surge of signups in Argentina, registering an average of one user every nine seconds.

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Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC.

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No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto

Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise.

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Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale’s victory over the SEC.

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Judge says Sam Bankman-Fried’s lawyers have until Sept. 1 to request a trial postponement: Report

Though the judge reportedly said he would not necessarily grant a postponement, SBF’s lawyers have been pushing for the former FTX CEO to have more time to prepare his defense.

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76% of Vietnamese crypto holders invest based on referrals — Report

Vietnam is currently among the top countries in the world in terms of crypto adoption.

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Tether adds Bahamas-based private bank Britannia as partner: Report

Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer.

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Crypto community jubilant over Grayscale decision, but uncertainty remains

The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped.

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Circle launches USDC stablecoin on Mercado Pago in Chile

The partnership will purportedly bring USDC to 2 million users in Chile.

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USDC will launch natively on Base network 'next week' — Jeremy Allaire

Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version.

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OpenAI debuts ChatGPT Enterprise — 4 times the power of consumer version

OpenAI also claims it is two times faster than GPT-4 with enhanced privacy and security standards.

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Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis

New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.

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New tax rules for crypto in the US: Law Decoded

The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers.

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US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction

The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions.

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The bright side of Evergrande’s collapse? More crypto volatility

Evergrande’s ongoing bankruptcy saga has significant macroeconomic implications — including for the global cryptocurrency market.

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Price analysis 8/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, DOT

The S&P 500 is attempting a recovery, but Bitcoin and select altcoins are struggling to break above their respective resistance levels.

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Bitcoin revenue per terahash nears record lows as hashrate soars

As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability.

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'Breakthrough growth' will be driven by Web3: HK financial secretary

Paul Chan says that blockchain and Web3 tech will be responsible for the next big wave of growth in Hong Kong’s digital tech sector.

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Mira Rajput adds Khichdi flavour to Misha's birthday as she shares picture with mother-in-law Supriya Pathak

The adorable daughter of Bollywood actor Shahid Kapoor and Mira Rajput, Misha Kapoor, marked her 7th birthday in a heartwarming family celebration. Mira Rajput, taking to her Instagram story, not only extended a touching birthday wish to her daughter but also invited their fans into the heart of the intimate birthday festivities.

Mira Rajput offered a glimpse into Misha's special day by sharing snapshots from the at-home birthday party she hosted. The joyous occasion featured close family members, creating a warm and cheerful atmosphere. Mira's Instagram story also included a delightful selfie, where she was seen alongside Shahid Kapoor's stepmother and renowned actress Supriya Pathak. For the occasion, Mira Rajput adorned a traditional ivory suit, complemented by an eye-catching statement neckpiece. In a playful Instagram caption, she humorously wrote, “Customary #ootd photo for the WhatsApp group approval.” The festivities also involved a humorous touch, as Mira shared a selfie with Supriya Pathak, both dressed in vibrant attire. Mira's caption  was playfully borrowed from one of Supriya's iconic lines in Khichdi which read, “Hum khana kha ke gaye (we left after having dinner).” Additionally, Mira treated her followers to a glimpse of the charming birthday decorations adorning their Mumbai residence.

Reflecting on the journey since their marriage in 2015 and the subsequent birth of Misha in 2016, Shahid Kapoor and Mira Rajput are now parents to an adorable 7-year-old daughter. Mira's joy radiated through her heartfelt Instagram post dedicated to her daughter's milestone. Alongside an unseen picture of Misha, Mira's emotional note read, “My darling baby, you’ve turned a heavenly Seven! Gliding and smiling, climbing and shining, nothing compares to your sunshine. Time flies, and may you continue to soar baby girl! Happy Birthday my Misha.”

 

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  A post shared by Mira Rajput Kapoor (@mira.kapoor)

The couple's love story has been a cherished one in the spotlight. Following their marriage in an intimate ceremony in Gurgaon, the duo welcomed Misha into their lives, and later, a son named Zain, who is now four years old. Shahid Kapoor, who has been recently seen in the film Bloody Daddy and the web series Farzi, is set to grace the screen once again alongside Kriti Sanon in an upcoming project with a yet-untitled title.

Also Read: “Hollywood can’t do song-and-dance like Bollywood can,” says Mira Rajput after watching Barbie

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OnlyFans’ parent company bought $20M of Ethereum as revenue surged

Fenix International, the parent company of OnlyFans purchased the cryptocurrency between 2021 and 2022.

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While Friend.tech booms, decentralized social has a retention problem — Execs

Decentralized social network Friend.tech may be booming right now, but execs say decentralized social media apps still have an onboarding and retention issue to fix.

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Balancer exploited in nearly $900k after vulnerability warning

DeFi protocol Balancer was exploited just a few days after disclosing a vulnerability affecting its boosted pools.

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Bitcoin price stability creates lucrative setups in TON, XMR, MNT and QNT

Bitcoin price holding $26,000 could open up some bullish trading opportunities in TON, XMR, MNT and QNT.

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Crypto community reacts to Biden's proposed crypto tax reporting rules

Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States.

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Gadar 2 meets Barbie meets Dream Girl 2: Ananya Panday digs out a hilarious throwback pic featuring Chunky Panday and Sunny Deol

Ananya Panday is currently seen on the big screen in her latest release, Dream Girl 2. The movie, released on Friday, also stars Ayushmann Khurrana in the lead role. In the middle of this, the actress has shared some pictures on Instagram that have got everyone talking.

The pictures show Ananya's father, actor Chunky Panday, dressed as a woman. He is wearing a pink outfit and a blonde wig. The pictures are from the song ‘Oye Pape Bachalo Tusi’ from the 1993 film Lootere. In the snapshot, Sunny Deol is seen wearing a turban, similar to his role, Tara Singh, in the blockbuster hit Gadar 2.

Ananya captioned the post, “Gadar 2 meets Barbie meets DreamGirl 2 [ROFL emojis] can't get over this. Thank you @divyasolgama for finding these gems.” Ananya's mother, Bhavana Pandey wrote "Love this" and added a bunch of red hearts and ROFL emojis. Chunky Panday followed suit.

 

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  A post shared by Ananya (@ananyapanday)

Coming back to Dream Girl 2, the film collected Rs 10.69 crore on day 1 at the box office. The actress celebrated this success by sharing a poster on her Instagram page. Her caption read, "Your Dream Girl is ruling hearts and the box office too! Thank you for all the pyaar!"

 

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  A post shared by Ananya ???????? (@ananyapanday)

Also Read: Dream Girl 2 Box Office Estimate Day 2: Jumps by 30 percent on Saturday; collects Rs. 14 crores

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Boney Kapoor reveals Sridevi saw Janhvi Kapoor starrer Dhadak on screen before her death, would have worked with her in Kalank

Sridevi passed away in 2018, but she did get to see her daughter Janhvi Kapoor on screen before her death. In an interview with ETimes, producer Boney Kapoor, Sridevi's husband and Janhvi's father, revealed that they had seen the rushes of Dhadak when Sridevi was alive.

"We had seen the rushes of Dhadak when Sridevi was alive. So, she had seen her daughter on screen," Boney said. "Khushi had auditioned, too, and after Janhvi's audition, she got a scholarship at the New York Film Academy."

Boney also revealed that if Sridevi had been alive, she would have worked with Janhvi in the movie Kalank, which was earlier titled Shiddat. "When Janhvi grew up, Karan Johar came home and expressed his desire to launch her. He wanted to make Shiddat with Janhvi which was later released as Kalank.”

Kapoor further added, “He wanted Janhvi to play the role which was eventually played by Alia Bhatt in Kalank and he wanted Sridevi to play the role eventually played by Madhuri Dixit. Later, he decided to make Dhadak with Janhvi. Till Sridevi was alive, Kalank was called Shiddat. She had agreed to do the film reluctantly.”

Coming to Janhvi’s professional front, she was last seen in Nitesh Tiwari’s Bawaal, co-starring Varun Dhawan. The actress has an interesting line-up with a bunch of films in her kitty, including Mr. & Mrs. Mahi and Ulajh.

Also Read: Sridevi’s 60th Birth Anniversary: Khushi Kapoor drops a priceless throwback photo featuring Janhvi Kapoor; Boney Kapoor dedicates a special post

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Tether CTO stays silent on Bitcoin mining locations

Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that.

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Sam Bankman-Fried’s life in jail, Tornado Cash’s turmoil, and a $3B BTC whale: Hodler’s Digest, Aug. 20-26

Sam Bankman-Fried faces challenges in jail, Tornado Cash’s developer is arrested, and a Bitcoin whale holding $3 billion is identified.

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JPMorgan forecasts limited downside for crypto markets: Report

JPMorgan's analysts consider Bitcoin's declining open interest to be a sign that the current price trend may be weakening.

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Crypto builders should 'give up' serving US customers for 5 to 10 years — dYdX founder

The founder of dYdZX argued that early-stage crypto projects can scale faster by ignoring U.S. customers, as they won't have to deal with the hassles of the U.S. regulatory climate.

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Sam Bankman-Fried's lawyers push for temporary release, object to prosecutors' proposed deal

The U.S. Justice Department has produced “millions of pages of documents" related to SBF's criminal case, which his lawyers claimed was too much to access from jail before trial.

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Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify

This week's Crypto Biz explores the latest on Binance's global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify's take on USDC and China's blockchain data exchange.

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Alleged former Worldcoin employee says they’re in contact with authorities

The individual, whose Worldcoin employment could not be independently verified, claimed they witnessed “sloppy and/or illegal things” while working there prior to the token launch.

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Spanish central bank official talks about private payment services in era of digital euro

Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers.

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Binance P2P removes sanctioned Russian banks from payments list

The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks.

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Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2

In the quarter ended June 30, Exodus' revenue declined by 4% year-over-year, but its results were boosted by 6% cost reductions.

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ARK, Glassnode propose Bitcoin economic analytics framework using new metric

In Cointime Economics, the time Bitcoin has been held is considered when it is transacted, giving hodlers’ transactions greater weight.

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Vessel Capital secures $55M to invest in Web3 infrastructure: Report

The venture firm has introduced its crypto fund for Web3 infrastructure and applications, promising a collaborative approach with startup founders.

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Bitcoin 'overconfidence reigns' but bulls must reclaim $27.8K — Trader

BTC price support is yet to reappear, with Bitcoin bulls too sure of themselves, CryptoCon argues.

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Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage

Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches.

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Why is the crypto market down this week?

Rising interest rates, delayed Bitcoin ETFs, global financial turmoil and other regulatory pressures are contributing to the crypto market's underperformance.

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Tornado Cash co-founders charged with money laundering, sanctions violations

Roman Semenov was placed on OFAC's sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer.

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Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter

Bitcoin Ordinals NFT volume plunges 98%, and Yuga Labs is terminating its partnership with OpenSea over creator royalties.

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Sam Bankman-Fried can meet with lawyers outside of jail with 48 hours’ notice, says judge

Judge Lewis Kaplan said the order was in line with the U.S. government’s Aug. 18 proposal for the former FTX CEO to access discovery materials.

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Rajkummar Rao reveals he was supposed to be a parallel lead alongside Nawazuddin Siddiqui in Gangs of Wasseypur: “It was about their rivalry”

Rajkummar Rao is currently seen in Raj Nidimoru and Krishna DK’s web series Guns & Gulaabs which premiered last Friday on Netflix. The actor was on a promotion spree where he revealed an interesting anecdote about his time working with Anurag Kashyap on Gangs of Wasseypur. The actor revealed that he was supposed to be a parallel lead alongside Nawazuddin Siddiqui but the story was later changed by Kashyap.

In an interview with Mashable India, the actor recalled, “Anurag watched LSD and called me. That was my plan; I was hoping that filmmakers watch LSD and take a shot with me. He told me he was making Gangs of Wasseypur. At that stage, the film was about my character and Nawaz’s. It was about their rivalry. I was thrilled to have gotten an Anurag Kashyap film after LSD, and that too as a parallel lead.”

He even began preparing with Nawazuddin as they had visited Wasseypur for 10 days to get the hang of the dialect for the movie. He said, “Then one day, Anurag called me up and told me that he’d changed Gangs of Wasseypur quite a bit and that it was now a two-parter and my character wasn’t going to be as prominent as it originally was. He told me that it was fine if I drop out, but I would never think of it. I was getting to work with Anurag Kashyap, after all.”

But, the actor is glad he did the small role because on this project he met the casting director Mukesh Chhabra, who introduced him to Hansal Mehta, who eventually offered him the 2012 project, Shahid. ALSO READ: Sunny Deol receives heartfelt praise from Rajkummar Rao for Gadar 2’s blockbuster triumph; see post

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Made In Heaven 2: Amul gets a shoutout to the Zoya Akhtar and Reema Kagti show in cute way

Made in Heaven season 2 released on streaming service, Prime Video recently, and a few days later, it got a huge shout-out from the dairy brand Amul, in its typical utterly, buttery fashion. The 8-episode web series has now become the talk of the town, for the stellar performances by the cast consisting of Sobhita Dhulipala, Arjun Mathur, Jim Sarbh, Kalki Koechlin, Shashank Arora and Shivani Raghuvanshi and it's tight, engaging plot.

Amul took to their Instagram to share their new topical giving a shoutout to the web series. The poster read “Made in Oven”, Amul “Weds with Bread”. In the caption, they wrote, "#Amul Topical: Web series addresses many social issues!"

To this, creator Zoya Akhtar reacted to this by reposting the creative and captioning the post with a “smile emoji.”

 

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  A post shared by Amul - The Taste of India (@amul_india)

The second season of Made in Heaven dives further into the lives of its protagonists as they deal with the difficulties of planning and celebrating marriages while their own lives take unexpected turns. While including a number of cameos, the series stars Sobhita Dhulipala and Arjun Mathur in lead roles along with some new additions of Mona Singh, Ishwak Singh and Trinetra Haldar.

The seven-episode series, set against the backdrop of opulent Indian weddings, is directed by Alankrita Shrivastava, Neeraj Ghaywan, Nitya Mehra, Reema Kagti and Zoya Akhtar, and is currently streaming on Prime Video. ALSO READ: Made In Heaven 2 creators Zoya Akhtar and Reema Kagti defend the preachy tone: “It’s not about checklisting evils in our society”

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Binance.US taps MoonPay as banking alternative to regain USD ramps

After having its banking ties slashed, crypto exchange Binance.US has revived its U.S. dollar on-ramp through a new partnership with MoonPay.

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BlockFi argues FTX, Three Arrows Capital isn't entitled to repayments

BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.

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Australian CBDC could be useful for payments, tokenization, says RBA

The RBA has wrapped up its CBDC pilot program and outlined four key areas that could be improved by the introduction of central bank-issued digital currency.

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OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine

Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea.

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