CFTC Slaps CEO With Record $1.7 Billion Bitcoin Fraud Charge | Bitcoinist.com

The CFTC might have caught the “biggest fish” in the ocean. And there could be more out there.
The U.S. commodities watchdog announced Friday that it had lodged a civil suit against a South African CEO and his company for operating a bogus commodity pool worth more than $1.7 billion in bitcoin.

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Meta Drops The Axe On Its Digital Wallet Novi | Bitcoinist.com

The remnants of Meta’s once-ambitious cryptocurrency project are fading away.
According to a notification on its website, a pilot program for Novi, the social networking giant’s money-transfer service using its own cryptocurrency digital wallet, will suspend operations on September 1.

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Coca-Cola to Release a Pride Series NFT Collection on Polygon (MATIC) – Ethereum World News

Summary:

Coca-Cola has announced plans to release a Pride series NFT collection to celebrate the LGBTQIA+ community.
Coca-Cola will be collaborating with artist and advocate Rich Mnisi.
The Pride Series NFT collection will be minted on the Polygon Network (MATIC).

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Wonderland community votes to buy $25M of ex-treasury manager tokens

The Wonderland community has agreed to buy $25 million of Sifu Vision tokens.
This is coming months after Sifu was forced to quit his role as Wonderland’s treasury manager over his criminal past.
The DeFi protocol passed the governance proposal to invest in Sifu Vision with 89% of the votes.

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Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?

Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the beginning of 2022 — and now that inverse relationship is more extreme than ever.
Bitcoin and the dollar go in opposite ways
Notably, the weekly correlation coefficient between BTC and the dollar dropped to 0.

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