Source: https://www.coindesk.com/news-analysis/2024/08/12/kamala-harris-pulls-well-ahead-of-trump-on-polymarket/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Decentralized finance (DeFi) hacks remain a major threat to the industry despite a reduction in the amount stolen in 2023, according to blockchain security firm Halborn. Source: https://www.coindesk.com/business/2024/08/12/defi-hacks-remain-a-major-threat-despite-50-decline-in-2023-halborn/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

American Binance executive Tigran Gambaryan, who is detained in Nigeria, is being “denied adequate access to his legal team and his health is deteriorating rapidly,” his family said in …

Traders have locked in over $2 million in XRP’s $1.10 call option listed on Deribit, the highest across all available maturities. Source: https://www.coindesk.com/markets/2024/08/12/xrp-bullish-options-popularity-jump-may-be-due-to-etf-speculation-observers-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether, the company behind USDT, the world’s largest stablecoin by market cap, said it will defend itself from “shakedown” litigation brought by bankrupt crypto lender Celsius on Friday. Source: …

Layer-1 blockchain Canto has been offline since Saturday following a “consensus issue.” The CANTO token initially dropped by 21% before recovering over the course of the weekend. Source: https://www.coindesk.com/business/2024/08/12/canto-blockchain-suffers-two-day-outage-amid-consensus-issue/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin. Source: https://www.coindesk.com/markets/2024/08/12/ex-bank-of-japan-official-rules-out-another-rate-hike-this-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Both parties argue the CFTC’s move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent ‘Chevron’ court ruling limits its power. Source: https://www.coindesk.com/markets/2024/08/12/dragonfly-cryptocom-weigh-in-on-cftcs-proposed-prediction-market-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the …

It’s long past time for critics to look past their biases and recognize the reality of the digital assets industry, say Sheila Warren and Justin Slaughter. Source: https://www.coindesk.com/opinion/2024/08/09/what-the-nyt-and-washington-post-op-eds-get-wrong-about-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines