1. A professor at Cornell University warns that misleading promises and speculation are exacerbating the risks of cryptocurrencies. 2. Long-term holders of Bitcoin in the recent market downturn

JIN10
2024.08.12 02:53
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Cornell University professor warns of increasing risks in cryptocurrencies, a long-term holder purchases 184,500 BTC, and centralized exchanges see their Bitcoin reserves drop to the lowest level. WBTC's proportion for lending exceeds 41%, with MakerDAO being the largest use case. Hong Kong's cryptocurrency ETF faces systemic market barriers. Hong Kong plans to strengthen regulation of digital assets. Mini Trump may launch a tokenized real estate project. Exchange Bitcoin reserves hit a new low, with withdrawal amounts reaching $5.96 billion. Bitcoin mining difficulty is set to decrease. Nigerian cryptocurrency advocates sue to overturn the cryptocurrency ban. Companies like Robinhood and Coinbase oppose CFTC regulation of political prediction markets