Twice in the Twitter thread, CoinSwitch Kuber CEO Ashish Singhal sought to clarify that the “engagement with the ED” is not about money laundering. CoinDesk has reported the searches have been in connection with India’s Foreign Exchange Management Act (FEMA). Author: Amitoj Singh
CoinSwitch CEO, in Wake of Searches by Indian Authorities, Says the Crypto Exchange Is ‘Fully Cooperating’
Web3 Domain Name Service Could Lose Its Web Address Because Programmer Who Can Renew It Sits in Jail
Eth.link expired on July 26 and will be up for grabs on Sept. 5, according to GoDaddy. Author: Elizabeth Napolitano, Margaux Nijkerk
Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy
The first cryptocurrency dipped 4.3% to around $20,549, its lowest point since July 16, after the head of the U.S. central bank said the Fed would maintain its restrictive monetary course. This article originally appeared in Market Wrap, CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Author: Jimmy He, Helene Braun
Sell-Side Trims Targets for Bitcoin Miner Argo Blockchain
Earlier this week, the bitcoin mining firm lowered its year-end growth projection from 5 EH/s to 3.2 EH/s. Author: Eliza Gkritsi
Thai Energy Billionaire Turns to Crypto to Boost Growth: Report
The market is “still sound” and has “high potential” for growth, Gulf Energy CEO Sarath Ratanavadi said. Author: Shaurya Malwa
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