Bitcoin's mining difficulty level reached an all-time high of 55.62 trillion hashes as miners are accumulating the digital asset.

From landmark business decisions to looming central bank announcements, the crypto landscape this week teemed with events that may shape the course of the market.

Retail giant Watches of Switzerland has seen its shares plummet as much as 30% after news of Rolex's acquisition of Bucherer.

The scammer behind the rugpull has bridged the majority of the profits to Ethereum L2 platforms, Arbitrum, and Optimism, along with the Binance chain through Stargate.

The platform also resumed the know-your-customer (KYC) checks for existing customers, who now have to resubmit their verification documents.

Sony Interactive Entertainment is set to benefit from its agreement with Audeze as the brand is a leader in audio technology.

There were a lot of fireworks at the first 2024 Republican presidential debate. But there was also a very noticeable absence. Former President Donald Trump opted to skip the debate and do an interview with former Fox News host Tucker Carlson instead. Businessman Vivek Ramaswamy gathered the most headlines post-debate, someone Democratic political strategist James Carville, Host of "Politics War Room with James Carville & Al Hunt," dubbed the "Herman Cain, Michele Bachmann of this cycle." Florida Governor Ron DeSantis didn't gain as much attention, despite polling as second behind Trump. Carville says the problem is DeSantis went all-in on woke, but the topic didn't even come up until late in the debate. "Every other word out of his mouth was woke this, and woke corporations... and now the whole thing has kind of petered out. So he's stuck with a long position in an underperforming asset," Carville says, using terminology Yahoo Finance's audience may be familiar with.  Click here to watch Akiko Fujita and Seana Smith's full interview James Carville. 

The other non-US dollar stablecoins that fall under Tether’s umbrella — XAUT, EURT, MXNT and CNHT — do not enjoy the same liquidity cushion as USDT.

FTX, a defunct crypto exchange, reported a Kroll breach exposing limited non-sensitive customer data. FTX ensures the security of accounts, systems and funds as customers are warned of phishing emails.

Global payment giant Mastercard is ending its cryptocurrency card partnership with Binance crypto exchange over untold reasons.

The founder of Atari and inventor of Pong, Nolan Bushnell has praised Web3 games for their educational potential and for “transmitting ownership” to virtual worlds in a conversation with Animoca Brands co-founder Yat Siu.

Cybersecurity firm Group-IB discovered a zero-day exploit in the popular file compression software WinRAR, which has now been patched.

Dropbox has done away with its unlimited business storage plan citing an increase in the number of customers using the service for crypto mining and pooling personal storage.

Independent Reserve CEO Adrian Przelozny said his exchange’s new partnership with PayPal will help crypto investors mitigate the risks associated with a potential crackdown on crypto by Australian banks.

ARK 21Shares has filed another two more ETF applications to the SEC — the first an Ethereum futures ETF and the other a hybrid Bitcoin Ethereum strategy ETF. It comes after reports emerged the regulator could start approving Ethereum ETFs in the coming months.

Investors got a glimpse into what a Republican presidency could mean for the markets as eight contenders debated everything from Bidenomics to China to gas prices during the first Republican primary debate.

Exodus released its financial results for the second quarter of 2023, disclosing revenue of $12.4 million, a 4% decrease year-over-year.

Num is introducing a stablecoin pegged to the Colombian Peso. It already has stablecoins pegged to the Argentine Peso and Peruvian Sol. 

The top candidates for the 2024 Republican presidential nomination squared off in a debate Wednesday night. The notable absence was former President Donald Trump, who opted to do an interview with former Fox News host Tucker Carlson instead. Of the candidates, businessman Vivek Ramaswamy was the one who captured the most headlines for his brash style. Democratic political strategist James Carville, Host of "Politics War Room with James Carville & Al Hunt," called Ramaswamy the "Herman Cain, Michele Bachmann of this cycle." Ramaswamy has "hit a triple with the press, but I can assure he's going nowhere," Carville said. Carville says ultimately, Ramaswamy will "fizzle out" given that his "positions are on the other side of insane." When it comes Ramaswamy rival Florida Governor Ron DeSantis, Carville says DeSantis went "long on woke" and ended up going in early "on a turkey of a stock and he doesn't know how to sell it," to use terms Yahoo Finance readers may be familiar with. "He's stuck with a long position in an underperforming asset," Carville says. President Biden has been on the campaign trail, pitching "Bidenomics." Carville, who coined the phrase "it's the economy, stupid," says that right now, people "are not particularly warm toward this economy." Carville says there's the real economy and the water cooler economy, and right now, the real economy is "profoundly outperforming" the water cooler economy, but "the water cooler will beat Jackson Hole every time." Key video moments: 00:00:05 Carville on Ramaswamy 00:01:50 Carville talks DeSantis 00:04:20 Carville on Bidenomics

A bankruptcy court filed showed Prime Core Technologies invested roughly $8 million in TerraUSD and ramped up spending in 2022.

Dropbox is killing off unlimited storage in its business-focused Advanced plan following a surge in shady activity. It wrote in a blog post that as other services made similar changes to limit storage capacity, it has seen an increase in people using Advanced plans "not to run a business or organization, but instead for purposes like crypto and Chia mining, unrelated individuals pooling storage for personal use cases or even instances of reselling storage."

Venture capital firm Vessel Capital has announced a $55 million fund to invest in Web3 infrastructure and applications.

Working with traditional Turkish banking giant, Bitfinex offers no-cost deposits using the country's local currency.

Bitget managing director Gracy Chen argues her exchange had a duty to act when a crypto influencer began selling his holdings in a project he was promoting.

Ledn has joined forces with Parallel, enabling investors to finance and acquire Cayman real estate by leveraging their digital assets.

The UK government is assessing how a cold call ban for financial products like crypto would affect legitimate businesses and consumers.

The startup, which hosted the IP of large brands like Hello Kitty, Paramount Pictures, and Nickelodeon, cited “significant shifts in the business landscape.”

Nigerian exchange Patricia introduces native token PTK, sparking skepticism. Native tokens are unique to platforms, like BNB on Binance. Patricia's PTK replaces balances, but doubts persist due to past breach and unclear intentions.

Bankrupt crypto exchange FTX is looking to Mike Novogratz’s Galaxy Digital to help manage its crypto holdings.

Alan Joyce is bowing out at Qantas Airways Ltd. with an unprecedented cash splurge, underscoring the profitability of the post-Covid era and reigniting concerns about the soaring cost of air travel.

LOS ANGELES (AP) — Scooter Braun is one of the most recognizable names in the music business for his singular work as an executive and entrepreneur. He’s managed many of your favorite artists, propelling the likes of Justin Bieber to stratospheric fame, and earned the ire of Taylor Swift and her legions of fans for his business practices.

The bank’s “DBS BetterWorld” will be available later this year when The Sandbox Alpha Season 4 launches, the company said.

Nvidia shares surged nearly 10% in after hours trading, as the company posted its Q2 earnings report where revenue beat analyst expectations by more than $2 billion.

Crypto Israeli investor and prominent businessman Moshe Hogeg is set to face charges for his alleged involvement in a $290 million scam, according to …

John A. DeSalvo raised over $620,000 from 222 investors before the scam was busted.

The two founders behind Tornado Cash, a Russian cryptocurrency mixing service, have been charged by the U.S. Attorney's Office for the Southern District of New York, according to a statement on Wednesday. Roman Storm and Roman Semenov were officially charged with conspiracy to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money transmitting business, according to a newly unsealed indictment. Storm was arrested in Washington on Wednesday but Semenov still remains at large, the SDNY stated.

Investors should pay careful attention to what Macy's said about rising issues in its credit card business.

U.S. government officials on Wednesday started cracking down on the co-founders of the virtual currency mixer Tornado Cash, just days after a federal judge decided that the government had the authority to sanction them. Treasury’s Office of Foreign Assets Control sanctioned Roman Semenov, one of the three co-founders of Tornado Cash, for allegedly supporting the North Korean hacking organization, Lazarus Group, among other things. Also Wednesday, the Justice Department unsealed an indictment charging Semenov and Tornado Cash co-founder Roman Storm with conspiracy to commit money laundering, operating an unlicensed money transmitting business and other crimes.

In a development that further underscores the escalating global crackdown on crypto scams, Israeli police have accused technology entrepreneur Moshe …

Crypto exchange Bitstamp is discontinuing staking services for customers based in the United States.

Moshe Hogeg has been accused of defrauding investors of $290 million in a crypto scam following a two-year investigation.

Tornado Cash co-founder Roman Semenov has been added to a list of individuals and companies mean to have their assets blocked.

Shopify has added Solana Pay to its pool of payment solutions, allowing merchants to use the platform to accept USDC transactions.

Israel police alleged that ex-soccer team owner Moshe Hogeg defrauded investors of $290 million in a cryptocurrency scam.

The exchange is expected to play a big role in boosting the city's digital economy.

Multichain was taken offline in July, with $1.5 billion stuck on various cross-chain bridges.

Lawyers for former FTX CEO Sam Bankman-Fried plan to argue in court that the failed exchange’s counsel gave legal advice on matters including auto-delete policies and loans to FTX and Alameda which made him believe he was “acting in good faith.”