Mountain View, CA

The illiquid bitcoin has risen to a record high of 74% of the circulating supply. The level reflects the increasing scarcity of BTC in the market and a potential bullish impact on its price. Almost three-quarters of bitcoin produced is considered illiquid, a record level that suggests increasing scarcity of...

Illiquid Bitcoin Is Now Record 74% of BTC's Circulating Supply. That's Bullish

CoinDesk

The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2%.

Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC

Bitcoin and ether fell sharply as U.S. stocks posted large losses in early Tuesday trade. It's a big week for U.S. economic data and the first report showed weakness alongside an uptick in inflation pressure. September has often proven to be a poor month for bitcoin prices. Continuing what's become...

Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low

Maine State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Milbridge, ME

The Maine Monitor

The owners of Chipman’s Wharf, a seafood market, buying station and restaurant in Milbridge, had a brutal awakening after the powerful January storms wiped away their 106-foot wharf.

As they rebuild, Downeast businesses take lessons from January’s storms

CoinDesk's Jennifer Sanasie weighs in on the intersection of crypto and pop culture, with a focus on Iggy Azalea's $MOTHER token. Plus, insights on the creator economy and the regulatory framework for crypto projects promoted by celerities. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

Inside Iggy Azalea's $MOTHER Token: Pop Culture Meets Crypto

Washington, DC

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsNinja

A woman says she overheard Texas Roadhouse corporate managers plotting to terminate an employee who is in the intensive care unit (ICU) by baiting her husband with a fake benefits package. The story has sparked outrage in a now-viral TikTok.

Woman catches Texas Roadhouse managers allegedly scheming to terminate an injured worker

"The institutions are coming!" This is one of those perennial arguments we've been hearing for years in decentralized finance (DeFi). Despite the evolution in the space and hundreds of billions in total value locked (TVL), institutional presence in DeFi remains relatively low. The lack of KYC-AML capabilities is often cited as the main reason, but that argument is increasingly weak. The reality, more difficult to admit, is that DeFi is missing key building blocks to unlock significant levels of institutional adoption.

Institutional DeFi Needs a BUIDL Moment

Georgia State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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DeanLand

Three earthquakes were recorded in Georgia during August, the strongest a 2.4 magnitude which occured far outside of the area where Georgia earthquakes most often occur. The quakes were recorded and reported by the US Geological Survey, which maintains seismograph stations throughout the US.

Rare SE Georgia Earthquake Recorded in August, State's Farthest South in 10 Years

Kentucky State

Jefferson County, KY

Louisville, KY

Northern Kentucky Tribune

Federal, state and local public health officials have confirmed the first case of the Oropouche virus in Kentucky and Jefferson County in a person who had returned to Louisville after traveling to the Caribbean.

Health officials report first case of Oropouche virus, aka ‘Sloth Fever,’ confirmed in Kentucky

Colorado State

Denver, CO

David Heitz

They're shaped like a potato and tend to bake in hot weather, biologists say. That's why you will find cheeky little pikas in Colorado's mountains. But climate change could cause these critters' numbers to dwindle, according to wildlife experts. Like polar bears, Pikas may predict warmer temperatures, scientists say.

Potato-shaped critter visible now may predict climate change in Colorado

Data from Immunefi shows there was a total loss of $15 million due to hacks last month, marking the lowest monthly losses year-to-date. In total, there was a loss of more than $1.2 billion to hacks and frauds this year, representing a 16% increase when compared to the same period last year. These losses were primarily driven by over $358 million lost in May and $274 million lost in July. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Crypto Saw Lowest Monthly Losses to Hacks in August YTD: Immunefi

Florida State

Uncovering Florida

Today, Attorney General Ashley Moody filed a lawsuit against the Biden-Harris administration for failing to provide public documents requested through a Freedom of Information Act (FOIA) filing. The March 2024 FOIA request sought records related to policies allowing the release of dangerous criminal illegal aliens from U.S. prisons into the general population rather than deporting them.

FL Attorney General Sues Biden-Harris Administration Over Release of Criminal Illegal Aliens

The Nigerian government’s long-running hostility towards the crypto industry seems to be abating. Or is it? Noelle Acheson looks at how the recent licensing of two crypto exchanges in Nigeria may not represent the shift we’re hoping for.

Nigeria’s Crypto Thaw: Not What It Seems

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: BTC Erases Gains From Wednesday's Brief Rally

The shift to proof-of-stake has raised worries about over-centralization. By reaffirming its commitment to decentralization, the blockchain can realize its goals, says James Wo, Founder & CEO of DFG.

How Ethereum 2.0 Can Transform DeFi

Decentralized finance (DeFi) protocol Penpie, built on top of tokenized yield platform Pendle, suffered an exploit on Wednesday, crypto observers reported. The alleged exploiter drained roughly $27 million of crypto assets including various types of staked ether (ETH), Ethena's sUSDE and wrapped USDC stablecoin from the protocol, blockchain data shows. Later, it converted the proceeds to ETH using predominantly Li.fi and forwarded to asset to a new address, according to Etherscan data.

DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%

Telegram's crypto adoption story via TON may be its lasting mark in 2024 despite recent news leaving many with a negative impression, says Daniel Cawrey, a former CoinDesk journalist who is now chief strategy officer of Tonkeeper, a non-custody wallet app for The Open Network (TON) ecosystem.

Telegram Is Driving Crypto Adoption, Despite Bad News

CoinDesk's Jennifer Sanasie breaks down a new crypto wealth report from New World Wealth and Henley & Partners that calculated the number of millionaires and billionaires created by the recent cryptocurrency bull market. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

From Millions to Billions: The Crypto Wealth Explosion

The new index will help traders guage expected SOL price turbulence over two weeks.

Solana's SOL Gets First Implied Volatility Index on Volmex

Restaking protocol EigenLayer said it will distribute 86 million EIGEN tokens, around 5% of the total supply, to stakers, node operators, ecosystem partners and community members.

EigenLayer to Distribute 86M Tokens to Stakers, Node Operators

NewsBreak

Switzerland’s Fourth-Biggest Bank ZKB Offers Retail Customers Bitcoin and Ether

Swiss retail customers of the country’s largest cantonal bank now have the ability to buy, sell and hold the two most popular digital assets: bitcoin and...

Switzerland’s Fourth-Biggest Bank ZKB Offers Retail Customers Bitcoin and Ether

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