Prometheum launches Ether custody service that treats ETH as a security: Report
The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month.
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Vitalik reminds node operators to update client before the Bellatrix upgrade
The Bellatrix hard-fork is the final update on the Beacon Chain that will prepare it for the Merge, and if node operators are not updated to the latest client, they risk syncing to the pre-fork chain. 4323 Total views 69 Total shares Ethereum co-founder Vitalik Buterin is reminding node operators to upgrade their clients before…

Public blockchains too ‘fragile’ for tokenization: Professor tells Congress
Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.

NFT warranties can help mass adoption of the technology, says Web3 exec
A new NFT warranty service says that protecting collectible digital assets of value can help provide “a sense of security and trust” and encourage new users. 1867 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe Web3 space has seen its fair share of exploits in the recent…

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. Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows Capital (3AC) that aim to retrieve hundreds of millions of dollars to pay back their creditors.BlockFi claimed in an Aug. 21 filing to a…

Bitcoin is the future, YouTube star KSI says
British YouTuber KSI blames "over leveraging" for his previous loss of $9.74 million (£7 million) in crypto investment. 257 Total views 4 Total shares Prominent YouTube star KSI belongs to the group of crypto investors who have made and lost a lot of money during the last Bitcoin (BTC) crash. However, the United Kingdom-based influencer’s…

SEC’s Division of Examinations issues Risk Alert on digital assets
The Risk Alert seemed to take particular aim at broker-dealers, who have been "inadequate" in their AML compliance. 1177 Total views 9 Total shares The Security and Exchange Commission's Division of Examinations published on Friday a blueprint for investment managers and institutions on how the division will inspect the handling of crypto assets, or “digital…

Bitcoin Bulls in Danger as Price Drops $500 in Minutes Back Under $10K
For the past few days, the price of Bitcoin (BTC) has been hovering above the 20 Moving Average (MA) and drawing closer to the moving average as volume continued to taper off and lower highs were set each day. Crypto Market Data Source: Coin360The digital asset began to look bearish on multiple time frames and it…

Nigeria plans CBDC rollout, Salvadoran retirees protest Bitcoin Law, Twitter to add BTC and ETH tipping feature: Hodler’s Digest, Aug. 29-Sept. 4
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 WeekNigeria’s central bank partners with fintech firm Bitt Inc. for CBDC rolloutCentral…