The Securities and Exchange Commission has announced emergency action against a fraudulent cryptocurrency investment fund operated by Sean Hvizdzak and Shane Hvizdzak.

Between July 2019 and May 2020, the Hvizdzak brothers offered a cryptocurrency fund to investors through at least three of their Pennsylvania-based businesses: Hvizdzak Capital Management, High Street Capital, and High Street Capital Partners.

Despite Bitcoin’s current price stagnation, on-chain indicators favor the bulls, with most holders remaining unphased by market volatility.

The technical outlook for the flagship cryptocurrency remains stagnant. There are conflicting signs of where it will head next, with prices leveling off over the past few weeks.

Donald Trump’s odds at re-election have fallen sharply, according to bets by crypto traders. Trump’s chance at re-election has plummeted to 44%, compared to Biden’s 52% likelihood of victory.

VeChain is trending up as the utility of its technology continues to expand across different sectors, but different indicators spell trouble.

Ripple has joined the Open Payments Coalition to launch PayID, making peer-to-peer payments easier.

Ripple has joined the Open Payments Coalition, a group of over 40 organizations that have created PayID, to make peer-to-peer payments easier.

There’s a prevailing notion that miners aren’t fans of Bitcoin’s volatility because it makes their revenue streams unpredictable. Two researchers from The Hebrew University of Jerusalem, Aviv Yaish and Aviv Zohar suggest quite the opposite, however.

According to the duo’s research, volatility actually makes mining more attractive.

A collaboration between Synthetix and Ren Protocol has resulted in a new Curve Finance pool between sBTC, RenBTC, and wBTC. This pool pays liquidity providers to bootstrap Bitcoin liquidity on Ethereum.

Alongside Unstoppable Domains, MyEtherWallet announced the launch of IPFS-powered web services on Ethereum. MEW will enable users to host websites on decentralized .crypto and .eth domains, while Unstoppable Domains launched a censorship-resistant blogging service.

Wirecard, a popular payment processor and debit card issuer for crypto cards, is unable to locate 1.9 billion EUR. The missing funds make up one-quarter of the firm’s balance sheet.

Algorithmic interest rate protocol Compound stole the spotlight in the cryptocurrency markets after Coinbase revealed it would list the token on its retail platform, with COMP prices doubling.