Here’s what happened in crypto today

This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more.

Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender. 919 Total views 11 Total shares The Central American Bank for Economic Integration (CABEI) has identified remittance as an important aspect of El Salvador’s Bitcoin (BTC) adoption policy.According to Reuters on Tuesday, the regional development bank expects other Central…

Bankman-Fried has claimed repeatedly that he does not consider himself to have criminal liability in the collapse of FTX, but his colleagues have already pleaded guilty. 363 Total views 40 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTFormer FTX CEO Sam Bankman-Fried is scheduled to appear in court on the afternoon…

Friday, August 30: following the mid-week’s strong upswing, the crypto markets subsequently saw widespread corrections, but most cryptocurrencies are today consolidating these higher lows. The vast majority of cryptos are in the green, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $6,925 at press time, up around 1 percent on the…

The United States Federal Trade Commission (FTC) has settled charges it filed in 2018 against an alleged crypto pyramid scheme involving four individuals.Terms of settlementAccording to an official statement on Aug. 22, the regulator permanently banned the defendants from multi-level marketing and misrepresenting investment opportunities and charged a total of over $500,000 as part of…

The pro-crypto ex-Democrat Robert F. Kennedy Jr. joined Donald Trump’s team, which would help form a government if Trump wins the November elections.

Arbitrum users can now predict Ether price movements with PancakeSwap’s AI-powered market, leveraging Allora’s machine-learning data for accuracy.

Uniswap’s decentralized exchange has emerged as one of the critical pieces in the decentralized finance sector, with the DEX benefiting from the first-mover advantage after it became the go-to exchange for new projects and traders in 2020. In late 2020, 400 UNI tokens were distributed to all wallet addresses that previously provided liquidity on the platform…