Binance launched a new platform to transfer crypto from Binance Pay called Send Cash in nine Latin American countries.
https://www.theblock.co/post/248021/binance-launches-send-cash-in-latin-america
Grayscale has won a lawsuit against the SEC.
https://www.docdroid.net/vrehbKf/dc-cir-22-1142-01208547571-0-pdf
Gitcoin Grants 18 is closed.
The total amount of donations was almost $680,000.
https://twitter.com/gitcoin/status/1696516357876043826
The 5th largest Bitcoin wallet, holding 94,643 BTC (worth ~$2.46B currently), is believed to be under the control of the U.S. Government.
The seizure address is directly linked to the 2016 Bitfinex hack. On February 1st, 2022, 1CGA4s transferred ~567.5 BTC (valued at ~$21.88M) to the seizure address.
https://x.com/peckshieldalert/status/1696454779348922656
Friend.tech threatens to take away users' Airdrop points if they use rival apps.
https://twitter.com/friendtech/status/1696280326027558994
Sam Bankman-Fried has appealed a decision to jail him for alleged witness tampering ahead of his Oct. 3 trial over the collapse of his FTX cryptocurrency exchange.
https://www.reuters.com/legal/ftxs-bankman-fried-appeals-judges-decision-jail-him-pending-trial-2023-08-28/
The SEC charged Impact Theory LLC, a media and entertainment company headquartered in Los Angeles, with conducting an unregistered offering of crypto asset securities in the form of purported NFTs.
Impact Theory raised approximately $30 million from hundreds of investors.
https://x.com/secgov/status/1696195108423500051
Binance is reevaluating its Russian business, including the possibility of a full withdrawal from a once-important market that has turned into a headache.
"All options are on the table, including a full exit," a spokesperson told The Wall Street Journal.
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-08-28-2023/card/crypto-giant-binance-considers-russia-exit-lz69D5N6RzLEtlcyKYYT
Starknet will open the mint of the first official NFT on Aug. 30 at 5:00 UTC.
https://x.com/starknet/status/1696055883669590439
1inch Investment Fund wallet spent $10M to buy 6,088 ETH at $1,655.
The wallet bought a total of 17K ETH ($26.8M) at an average price of $1,569 on Jan 13, Feb 9 and Mar 14.
Then sold 11K ETH ($21M) at $1,906 on July 5, making ~$3.7M.
https://x.com/lookonchain/status/1696054926831685999
Gearbox denied rumors of a $400K protocol hack.
Earlier, it was reported that Gearbox Protocol was hit by a flash-credit attack worth about $400k.
https://x.com/gearboxprotocol/status/1695719632735457593
Vitalik Buterin transferred 3000 ETH (~$4.9 million) to "Vb 2" address.
https://etherscan.io/tx/0x36e96c4794f6a16ad27eece251dc95c2439c295c0cd1afff437dd7de177f9077
Oman government to invest $670 million in the cryptocurrency mining.
https://decrypt.co/153942/oman-crypto-investments-halal-haram-sharia-law
This week, 7 projects (DYDX, OP, NYM, HBAR, MC, ORBR, NEAR) will unlock tokens totaling over $143M in value.
DYDX - 6.44M tokens ($14.3M) - August 30
OP - 24.16 million tokens ($34.74 million) - August 31
NYM - 30 million tokens ($4.14 million) - August 31
HBAR - 1.14 billion tokens ($65.42 million) - September 1
MC - 14.41 million tokens ($4.34 million) - September 1
ORBR - 38.34 million tokens ($11.08 million) - September 2
NEAR - 7.75 million tokens (9.07 million USD) - September 2
https://dropstab.com/insights/vesting
The exchange supply of Bitcoin was boosted significantly just prior to Grayscale's win over the SEC.
https://x.com/santimentfeed/status/1696600992882757807
Robinhood is no longer doing business with Jump Trading, a person familiar with the matter told CoinDesk.
Jump has been reportedly backing away from the U.S. market amid heightened regulatory scrutiny.
https://www.coindesk.com/business/2023/08/29/robinhood-and-jump-trading-no-longer-have-crypto-partnership-source/
The market is green again.
BTC price has risen sharply and is now trading at ~$27200. ETH is now trading at ~$1700.
https://dropstab.com/
Injective has launched Helix Institutional.
Helix Institutional is a derivatives trading platform for institutional clients.
https://blog.injective.com/helix-institutional-launch/
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.06T. Bitcoin is trading at $26K
dropstab | icodrops | twitter | telegram
Some SEC members have opposed the SEC's enforcement action to treat NFTs as securities.
https://www.sec.gov/news/statement/peirce-uyeda-statement-nft-082823
Some Coinbase users wrote on social media that the BTC balance in their wallets was showing as 0.
Coinbase later stated this is an error when trying to create a new wallet or import an existing wallet.
The incident has been resolved. Users' funds are safe.
https://status.coinbase.com/
What has changed to Bitcoin in the past 1 year?
1. US based Centralized Exchanges' reserves continue to decrease.
2. The outflow amount hints the possibility of institutions' accumulation.
3. The recent price action has been driven by the futures market.
https://x.com/cryptoquant_com/status/1695973435204424092
Binance’s belgian customers to use polish entity in bid to escape regulators’ ban.
In June, Belgium’s Financial Services and Markets Authority (FSMA) told Binance it had to quit the country, as it was not allowed to serve Belgians from outside the European Economic Area (EEA).
https://www.coindesk.com/policy/2023/08/28/binances-belgian-customers-to-use-polish-entity-in-bid-to-escape-regulators-ban/
Today is the 9th anniversary of the death of bitcoin's main pioneer, Hal Finney.
He received the very first bitcoin transaction from Satoshi Nakamoto and he may have been the very Satoshi Nakamoto.
The U.S. government has provided more than 4 million pages of SBF filings 6 weeks before the hearing began.
https://x.com/adamscochran/status/1695794574491279683
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $1.05T. Bitcoin is trading at $25.9K
dropstab | icodrops | twitter | telegram
Friend.tech fell to 8th place in 24h earnings.
The service's commission decreased by 95% to $161,117 compared to ATH($1.68 mln).
https://defillama.com/fees
Prime Trust filing reveals cascade of failures that led to bankruptcy filing.
According to Prime Trust CEO Jor Law, Prime Trust spent about $10.5 million in October against revenues of about $3.1 million, giving it a net-loss of over $7 million. A month later, the spending rose again to $11.1 million, costing it another net loss of about $8.4 million.
Jor Law said that Prime Trust put $6 million in client funds and $2 million from its own treasury into Terra before it failed.
https://decrypt.co/153954/prime-trust-bankruptcy-wallet-incident
Balancer was under multiple flashloan attacks.
The total losses have reached $870k.
https://x.com/beosinalert/status/1695775932848787498