Franklin Templeton has collaborated with the Arbitrum Foundation to launch its OnChain U.S. Government Money Fund (FOBXX) on the Ethereum Layer 2 network.
FOBXX is represented by the BENJI token, with the fund previously launched on Stellar and Polygon.
https://www.theblock.co/post/309989/franklin-templeton-fobxx-benji-arbitrum
Spot ETF Flow on 7.08: BTC-ETF +$45M, ETH-ETF -$23M
https://sosovalue.com/assets/etf/us-btc-spot
Binance will list Toncoin (TON) and open trading for the following spot trading pairs at 2024-08-08 10:00 UTC.
https://www.binance.com/en/support/announcement/binance-will-list-toincoin-ton-with-seed-tag-applied-abba626aa0974b828f91c166bdc12afd
Grayscale and Bitwise are asking regulators to approve options for their spot Ethereum exchange-traded funds, according to a filing on the U.S. Securities and Exchange Commission's site.
https://www.theblock.co/post/310158/grayscale-bitwise-and-nyse-american-ask-for-rule-change-to-allow-options-on-spot-ethereum-etfs
Rumours: Donald Trump and his family are launching their DeFi project "World Liberty"
https://x.com/EricTrump/status/1820906993802211751
Grayscale launches new crypto investment trusts for SUI and TAO
https://www.theblock.co/post/309817/grayscale-launches-new-crypto-investment-trusts-for-sui-and-tao
Chinese police move 789.533 ETH ($2 billion) confiscated from Plus Token Ponzi 2 in 2020 to unknown wallets
https://x.com/lookonchain/status/1821136313640481006
Spot ETF Flow on 6.08: BTC-ETF -$148M, ETH-ETF +$98M.
Total trading volume has fallen by ~ half.
https://sosovalue.com/assets/etf/us-btc-spot
Blockchain protocol Nexera has suffered an exploit with $1.8 million being stolen.
The NXRA price has decreased by ~40%.
https://x.com/Nexera_Official/status/1821079381831512315
https://www.coindesk.com/business/2024/08/07/blockchain-protocol-nexara-suffers-18m-exploit-nxra-tumbles-40/
Arthur Hayes has introduced a new article "Spirited Away"
Key points:
▫️“Two opposing forces influence my crypto positioning.
Liquidity Positive Force:
After a quarter of net restrictive policy, the US Treasury will net inject dollar liquidity because it will issue Treasury bills and possibly deplete the Treasury General Account.
Liquidity Negative Force:
This is the strengthening of the yen.“
▫️Hayes will closely monitor bitcoin's correlation with the dollar/yen exchange rate to determine future trading strategy.
▫️He advises to be extremely cautious when using leverage in the current situation in the markets.
https://cryptohayes.substack.com/p/spirited-away
BlackRock, Nasdaq make the push for options on spot Ethereum ETF
Final SEC decision on this from SEC likely to be around April 9th, 2025.
https://www.theblock.co/post/309850/blackrock-nasdaq-make-the-push-for-options-on-spot-ethereum-etf
https://x.com/jseyff/status/1820916415227908108
Diego Oliva, who has served as the first CEO of the Starknet Foundation (SNF) since March 2023, will be stepping down.
James Strudwick, who has been with the Foundation since January 2024 will be assuming the role of Executive Director to continue growing the Starknet ecosystem and its adoption.
https://www.starknet.io/blog/leadership-transition-at-starknet-foundation/
MultiversX releases MetaMask Snap
MetaMask Snaps improve portability, enabling the quick derivation of a MultiversX wallet from your existing seed phrase.
https://multiversx.com/blog/multiversx-snap-metamask-wallet
https://x.com/MultiversX/status/1821519984218009848
Kamala Harris' team has launched “Crypto for Harris”
https://www.foxbusiness.com/politics/democrats-launch-crypto-harris-campaign-counter-trumps-industry-appeal
A New York judge has handed down final approval for defunct crypto exchange FTX and its sister trading firm Alameda Research to pay back $12.7 billion to FTX creditors as part of a settlement with the United States Commodity Futures Trading Commission (CFTC).
https://cointelegraph.com/news/new-york-judge-nods-12-7-billion-settlement-between-ftx-alameda-and-cftc
The Brazilian Securities and Exchange Commission (CVM) has approved a Solana-based exchange-traded fund (ETF).
https://www.coindesk.com/policy/2024/08/08/brazils-securities-and-exchange-commission-approves-solana-based-etf/
A federal judge imposed a $125 million fine on Ripple after finding last year that its institutional sales of XRP violated federal securities laws.
https://www.coindesk.com/policy/2024/08/07/judge-fines-ripple-125m-bans-future-securities-law-violations-in-long-running-sec-case/
The crypto market is neutral
BTC Dominance - 55.61%
Market Cap - $2.03T
BTC - $57,100 (+0.33%)
ETH - $2,436.28 (-3.3%)
SOL - $153.18 (+0.03%)
BNB - $485.7 (-1.64%)
XRP - $0.6136 (+18.5%)
ZRO - $3.14 (-6.91%)
TON - $5.65 (-2.18%)
https://dropstab.com
Michael Saylor says he owns more than $1 BILLION in Bitcoin personally
https://x.com/BitcoinMagazine/status/1821199645697306723
Immutable has recently announced the closure of its Immutable X Marketplace beginning on August 13 with the site ceasing operations entirely by September 27.
https://nftplazas.com/immutable-x-marketplace-closure/
Andrei Grachev: “We just selected one more meme to cooperate with and heavily support. It is quite new, but with a nice community, funny games and multi chain.
Stay tuned , hehe.”
https://x.com/ag_dwf/status/1821109772692738524
X (Twitter)developer: X Payments is coming soon
https://x.com/nima_owji/status/1820521380410171611
Cryptocurrency exchange Binance benefited massively from the Aug. 5 market crash — recording $1.2 billion in net inflows as traders responded to a sharp fall in cryptocurrency prices.
https://cointelegraph.com/news/binance-saw-1-2-billion-inflows-biggest-trading-days-of-2024
The Symbiotic website is currently down due to a temporary problem with the domain registrar.
All funds are secure.
https://x.com/symbioticfi/status/1821013086255624664
Ronin hacker has returned stolen $10m in ETH
https://x.com/Ronin_Network/status/1820846361945792751
The crypto market is neutral
BTC Dominance - 55.34%
Market Cap - $2.02T
BTC - $56,762 (+2.04%)
ETH - $2,500.69 (+0.2%)
BNB - $491.6 (+2.52%)
ZRO - $3.37 (+4.65%)
ZK - $0.1057 (+5.88%)
STRK - $0.379 (+3.14%)
W - $0.1963 (+4.64%)
ARB - $0.5145 (+1.98%)
https://dropstab.com