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You don’t want to miss these headlines including: $1B of USDT minted in 8 days; MetaMask and Mastercard partner for a new crypto debit card; Web3 startups rejecting VC dollars; Marathon Digital’s American stamp of approval 🏷🇺🇸 and much more 👀
MicroStrategy’s Bitcoin gamble beats Warren Buffet warnings 4 years in (CT)
Mastercard is powering a new crypto debit card, Baanx, created by MetaMask (BLOCK)
BitGo moves $2B of Mt. Gox Bitcoin (X)
UEFA Champions League makes Crypto.com an official partner of the league (WG)
Crypto Whale continues $154M dumping spree (CT)
Investment bank Goldman Sachs reveals $418M pickup of bitcoin ETFs in Q2 (CN)
Marathon Digital Holdings to raise $250M to buy more BTC (BM)
Three Arrows Capital liquidators sue Terraform Labs for $1.3B (CD)
Ton Foundation launches new $40M Fund I Ton Ventures for startups building on The Open Network (NFTG)
Sahara AI brings home huge $43M funding round from Pantera Capital and Binance Labs (NFTG)
Essential raises $11M from Archetype, BBH, and others for a transformative version of blockchain (CD)
Bankless VC, Gumi Capital Cryptos, Finality Capital, and more participate in $4.8M round for Ion Protocol (NFTG)
Hamster Combat rejects venture capital funding offers to avoid ‘web3 funding pitfalls’ (BiC)
SEC subpoenas 3 cyrpto VCs (DLN)
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Australian Securities and Investments Committee sues largest stock exchange ASX over ‘misleading’ comments on blockchain technology overhaul (CT)
Nigerian files lawsuit to overturn crypto ban (BN)
Thailand launches regulatory sandbox to test crypto innovation (DLN)
Tether to fight against Celsius $3B litigation (CD)
SEC charges NovaTech with operating a pyramid scheme that raised $650M (TB)
Bancorp becomes latest crypto-friendly bank hit by enforcement action (TD)
Canada needs a full crypto regulatory overhaul according to Coinbase execs (CT)
Coinbase makes return to Hawaiian market (CPED)
Canto Blockchain suffers two-day outage amid consensus issue (CD)
Solana devs quietly patched a critical vulnerability (TD)
iVest DAO hit with a donation attack (CTM)
Sinkclose flaw in AMD chips poised for crypto exploits (WIR)
Central Bank of Iran halts after being hit by cyberattacks (JP)
Crypto hack weekly roundup: 2nd week August (CPED)
DRW Venture Capital discloses $150M holdings of Spot ETH ETF (WG)
Ripple starts testing RLUSD stablecoin on XRPLedger and ETH (TD)
Grayscale Ethereum Trust reports $31M net outflows as markets show volatility (CT)
Ethereum L2, Base, processed 12.4M transactions in single day (CT)
Ethereum user spends $88K to send $2.2K (UC)
Paypal stablecoin PYUSD is growing faster on Solana than Ethereum (DL)
Samsung partners with Illuvium to boost web3 gaming experience (LBN)
Tether on crypto exchanges hit new high as Treasury prints $1B USDT (CT)
Crypto voters are a key swing this election (F)
Optimism plans to unlock superchain interoperability next year (TD)
Memecoin are hitting the Tron blockchain with new SunPump memecoin platform (X)
Uniswap layer 2 addresses are up 350% (TD)
Bitcoin reserves on exchanges hits 5 year low (BN)
Chuck Schumer to speak at Crypto4Harris townhall (BLOCK)
Marathon Digital is stamping every block with USA pride 🇺🇸
JUST IN: Marathon announces its now stamping each #Bitcoin block it mines with "Made in USA" 🇺🇸
— Bitcoin Magazine (@BitcoinMagazine)
5:19 PM • Aug 12, 2024
How Trump’s bitcoin sneakers sold out in minutes (TD)
How insurance is getting into web3 (CT)
Bitcoin miners are struggling with profitability due to costs and price volatility (DT)
Crypto community currently has more extreme fear than we did when FTX crashed (CT)
Highlights of NFT activity from the last 7 days (@waleswoosh)
Blockchain Futurist Conference kicked off yesterday in Toronto (@Futurist_conf)
Unicoin executive presents on why crypto projects fail (CT)
every single web3 website ever
— Suhail Kakar (@SuhailKakar)
10:17 AM • Aug 13, 2024
Forever asking Wen Moon 🚀 🌚
crypto bros waiting for the golden bull run they were promised
— wallstreetbets (@wallstreetbets)
3:10 AM • Aug 12, 2024
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