1. Bitcoin mining difficulty increased by 6.17% to 55.62T, a record high.
2. Thailand requires Facebook to take measures against fraudulent advertisements such as cryptocurrencies on the platform, otherwise it will be shut down.
3. Bitcoin developers refuted Satoshi Aomoto’s claim to own 111,000 BTC.
4. US presidential candidate Robert Kennedy Jr. promoted Bitcoin on his Twitter.
5. According to the Wall Street Journal, Binance faces legal risks of violating US sanctions against Russia.
6. Binance.US cooperates with MoonPay to support users to use USDT to purchase cryptocurrencies.
7. Sam Bankman-Fried (SBF) has pleaded not guilty to charges including fraud and money laundering related to the FTX bankruptcy.
8. The US Securities and Exchange Commission (SEC) accused Titan Global Management of alleged violations related to cryptocurrencies.
9. Encryption custodian Komainu has obtained a full license in Dubai.
10. The FTX bankruptcy hearing will be held this Thursday to discuss several issues related to the FTX bankruptcy liquidation.
11. Aptos launched the “Aptos Digital Asset Standard”, which has features such as simplifying token management and creating composable NFTs.
12. BlockFi seeks court to block FTX and Three Arrows Capital from recovering multi-billion dollar deals from last year.
13. Binance announced that it has launched the encryption payment service Binance Pay in Brazil.
14. Bank for International Settlements: Regulation of the crypto industry is preferable to a blanket ban.
Crypto Trading Platforms Require the IRS to Report Total Transaction Income
The U.S. Department of the Treasury Proposes New Crypto Tax Regulations: Crypto Trading Platforms Require the IRS to Report Total Transaction Income On August 25th, in order to deal with…