Key Takeaways Crypto market traders were positioned for Jerome Powell to be hawkish in a highly anticipated speech, but they were pleasantly surprised as the Fed chief suggested rate cuts could be coming soon. Prediction markets bettors now place higher odds of a quarter percentage rate cut in September than they did prior to the speech. Bitcoin and proxy stocks …
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Apple Patches Zero-Click Exploit Threatening Crypto Users
Apple is urging users to immediately update their devices to patch a zero-click vulnerability that allowed attackers to compromise iPhones, iPads and Macs, a flaw posing heightened risks for cryptocurrency holders. In a Thursday advisory, Apple said the image processing vulnerability allowed sophisticated actors to compromise Apple devices. The vulnerability disclosure page notes that it was fixed as part of …
Read More »Apple Races to Patch Zero-Click Exploit that Put Crypto Users at Risk
Apple (AAPL) has moved quickly to patch a zero-click vulnerability that could have allowed attackers to compromise iPhones, iPads, and Macs without the user even clicking a link. The flaw, which was tied to the way Apple devices process images, left a dangerous opening for attackers to steal sensitive data, including cryptocurrency wallets. Elevate Your Investing Strategy: Take advantage of …
Read More »South Park Latest Episode Takes On Trump’s Crypto Ties
The animated comedy series “South Park” mocked US President Donald Trump in its latest episode aired on Wednesday, satirizing his ties to crypto. The episode titled “Sickofancy” depicted scenes showing parodied versions of tech executives wanting to curry favour with Trump by lining up to give him gifts and shower him with praise. In two scenes, what appeared to be …
Read More »Bitcoin Traders Position for Jackson Hole. What Powell’s Big Speech Could Mean for Crypto.
Key Takeaways Bitcoin traders were selling ahead of Jerome Powell’s highly anticipated speech Friday morning at the Jackson Hole Economic Policy Symposium, preparing for the possibility that the Fed chair fails to signal that an interest rate cut is likely in September. Bitcoin options pricing indicated bearishness across time horizons. The “secular bull” for bitcoin may not be over yet, …
Read More »NYPD nabs alleged WNBA sex-toy tosser, lawyer says DA hunting crypto bros behind the craze
An Ohio man turned himself in to police Wednesday after allegedly throwing a green sex toy during a New York Liberty game that struck a 12-year-old girl in the leg, police said. Charles Burgess, 32, of Dayton, Ohio, was arraigned on 10 criminal charges including felony assault with a weapon, interfering with a sporting event and obscenity. The man’s lawyer …
Read More »US DOJ to back off money transmitter cases in shift backed by crypto – Reuters
US DOJ to back off money transmitter cases in shift backed by crypto Reuters U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’ CoinDesk US DOJ Official Signals Department Opposes Retrial For Roman Storm Cointelegraph The DOJ’s New Crypto Enforcement Policy and Its Impact on Decentralized Finance (DeFi) Innovation AInvest ‘Writing code without ill intent is not a crime,’ says …
Read More »Crypto Market correction driven by investor fear spikes ahead of Powell speech
Cryptocurrency investors were bracing for the US Federal Reserve’s annual gathering in Jackson Hole on Friday, where Chair Jerome Powell’s remarks may provide key signals on interest rate policy heading into September’s Federal Open Market Committee meeting. Bitcoin (BTC) briefly fell to $112,565 on Wednesday, a two-week low last seen on Aug. 3, Cointelegraph data showed. Bitcoin’s dip below $113,000 …
Read More »Bitcoin, Ethereum, XRP Fall Ahead of Fed Minutes. Why Rate Cuts Matter for Crypto. – Barron's
Bitcoin, Ethereum, XRP Fall Ahead of Fed Minutes. Why Rate Cuts Matter for Crypto. Barron’s Crypto stocks tumble as investors go into risk-off mode CNBC Cardano, Dogecoin Lead Crypto Losses as Bitcoin Traders Fear Pullback to $100K CoinDesk Crypto stocks tumble ahead of Friday’s economic conference Quartz Bitcoin (BTC): Goodbye to $120,000, Dogecoin (DOGE) Can Avoid Breakdown, Shiba Inu (SHIB) Price Shock on Edge TradingView …
Read More »Crypto stocks tumble ahead of Friday’s economic conference – Quartz
Crypto stocks tumble ahead of Friday’s economic conference Quartz Crypto stocks tumble as investors go into risk-off mode CNBC What to expect from Jay Powell’s Jackson Hole speech Financial Times Fed Rate Cuts: Will Powell Disappoint the Market at Jackson Hole? The Wall Street Journal Wall Street Holds Its Breath Before Jackson Hole: Markets Wrap Bloomberg.com Source link
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