Date: August 12th GMT+8
1, Cyber hackers on Wednesday returned nearly half of the $600 million they stole from Poly Network.The return of funds came amid pleas from the Poly Network for the money back.The hackers said they stole the funds “for fun :)” because “cross-chain hacking is hot.”
2, Operating a digital currency exchange in Japan currently is “rather tough,” the country’s financial services regulator has admitted. Junichi Nakajima, who heads the regulator, believes the country needs to investigate further on the merits of digital currencies before making it easier for investors to access them.
3, Valkyrie Digital Assets has become the latest American financial services company to file an application with the Securities and Exchange Commission (SEC), seeking approval for a Bitcoin exchange-traded fund (ETF) tied to BTC futures.
4, The crypto is currently changing hands for around $45,000 after reaching a 24-hour top of $46,767, CoinDesk data shows. The temporary stay in price might be short-lived, however, as prices begin toying with major psychological resistance near $50,000, according to some.
5, XRP price has printed an ascending parallel channel on the 12-hour chart, confirming accelerated interest. Ripple has reached the upside target given by the governing technical pattern, surging to $1.088.
6, In 2017, before the cryptocurrency frenzy began, Didi Taihuttu made the decision of a lifetime: he sold all his assets and bought Bitcoin… at $900. Perhaps he was super happy a few months later when he achieved a 20X ROI, but now, with each coin trading above $46,000, Taihuttu has to think very hard about how to protect his fortune, considering that he is his own bank.
7, However, the surging Ethereum-powered game, Axie Infinity, has emerged as the leading DApp by fee revenue in recent weeks. According to Token Terminal, Axie has driven $308.5 million in platform fees over the past 30 days, equating to a daily average of nearly $10.3 million.
8, Twitter CEO Jack Dorsey has riled up the Ethereum community once again.
The tech billionaire posted a screenshot of a new Twitter feature that includes a tweet that calls Ethereum a scam.
9, The Labor Department reported Wednesday that the consumer price index posted a 0.5% month-to-month gain, compared with a 0.9% increase in June. The price rose 5.4% from the year-ago level.
10, If you’ve heard anything about Bitcoin, it’s likely been about its price skyrocketing or plummeting. But, for those who are looking to invest long term, there’s a different question that should be asked — what will one Bitcoin be worth in 10 years?
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