Russia sentences Hydra market founder to life in prison
Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer.
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Standard Chartered’s crypto arm eyes buying billionaire’s crypto OTC firm: Report
Zodia Markets is reported to be in talks to buy Elwood Capital Management, a crypto firm backed by billionaire hedge fund manager Alan Howard.

Bitfinex Confirms Initial Exchange Offering to Raise Up to $1 Billion in Tether
Embattled cryptocurrency exchange Bitfinex confirmed it would conduct a $1 billion so-called initial exchange offering (IEO) in a whitepaper issued on May 8.Bitfinex, which faces ongoing legal scrutiny from authorities who accuse it of losing $850 million, had hinted it would seek to sell its own tokens earlier this month.The release of a formal whitepaper…

Hong Kong central bank studies AI's impact on banking jobs and skills
HKMA deputy chief executive Arthur Yuen said that enhancing employees' skills would allow them to “coexist with technology in the AI era.”

Bitcoin ‘very bearish’ below $22.5K says trader as BTC price dives 6%
Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNew lows "just a matter of timeData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped 6.2% in a single hourly candle.Reacting, traders hoped that a rebound could…

Why Ethereum Should Go Mobile
We live in an increasingly mobile world where I can order a vehicle driven by a complete stranger to take me anywhere, I can get food delivered in minutes, and I can conduct almost all my immediate banking needs — all via apps on my phone. We’re in a decade when firing up a computer…

Bitcoin risks 15% dip by October, but $100K is due in 2026 — Analysis
Bitcoin (BTC) can easily end up below $25,000 next month, says one longtime market observer.In a new BTC price outlook, Timothy Peterson, founder and investment manager at Cane Island Alternative Advisors, put the odds of a dip to local lows at 50/50.BTC price may see “last big dip” in SeptemberWhile Bitcoin bulls continue their breakout…

FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resigns
FTX CEO Sam Bankman-Fried has resigned from his position but will “remain to assist in an orderly transition” before being succeeded by John Ray. 2175 Total views 9 Total shares Within a week, crypto exchange FTX has gone from proposing an acquisition by Binance to sort out its liquidity issues to proceeding with filing for…

Ethereum’s active addresses second-highest in history: analysts
Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. 37 Total views 3 Total shares Through an examination of Ethereum's (ETH) on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase