TL;DR Breakdown FTX’s administrators have criticized a creditor panel, accusing them of prioritizing control over the exchange’s assets without considering all stakeholders. The dispute emerged after a draft reorganization plan was proposed, with the creditor panel suggesting investment in short-term Treasuries and a structured approach to managing FTX’s crypto holdings. Description The bankruptcy saga of the once-mighty FTX crypto exchange took another twist this week. The exchange’s administrators have publicly criticised traders and market makers on a key creditor panel. The bone of contention? Allegations that these traders are more interested in controlling FTX’s assets than considering the broader implications for all stakeholders involved. This dispute … Read more The bankruptcy saga of the once-mighty FTX crypto exchange took another twist this week. The exchange’s administrators have publicly criticised traders and market makers on a key creditor panel. The bone of contention? Allegations that these traders are more interested in controlling FTX’s assets than considering the broader implications for all stakeholders involved. This dispute comes on the heels of a draft reorganisation plan proposed last month by FTX’s new management…

TL;DR Breakdown Binance’s BNB Chain is set for two major hard forks in August 2023: Plato introduces the BEP-126 evolution proposal for enhanced security, while Hertz focuses on aligning with the latest EVM developments. The upgrades aim to reduce chain reorganization risks, stabilize block production, and ensure BNB Chain’s compatibility with recent Ethereum forks. Description In a move that has captured the crypto community’s attention, Binance‘s BNB Chain is poised to undergo two significant hard forks this August. These upgrades, Plato and Hertz, are set to bolster the network’s security and enhance its compatibility with other Ethereum Virtual Machine (EVM) blockchains. The first of these, the Plato upgrade, took place … Read more In a move that has captured the crypto community’s attention, Binance‘s BNB Chain is poised to undergo two significant hard forks this August. These upgrades, Plato and Hertz, are set to bolster the network’s security and enhance its compatibility with other Ethereum Virtual Machine (EVM) blockchains. The first of these, the Plato upgrade, took place on August 10, introducing the BEP-126 evolution proposal. This proposal is designed…

Description Contents hide 1 Fantom’s DEX SpiritSwap is running low on funds and might close shop 2 Neuralink, Elon Musk’s brain implant startup, raises $280 million 3 Over the weekend, USDT again lost its dollar peg on centralized exchanges 4 Dogecoin ready for a breakout? 5 Total TVL declines 6 Threads vs. Twitter (X) 7 Cumulative … Read more Contents hide 1 Fantom’s DEX SpiritSwap is running low on funds and might close shop 2 Neuralink, Elon Musk’s brain implant startup, raises $280 million 3 Over the weekend, USDT again lost its dollar peg on centralized exchanges 4 Dogecoin ready for a breakout? 5 Total TVL declines 6 Threads vs. Twitter (X) 7 Cumulative Bitcoin transaction volume (change-adjusted) just went above $40 trillion 8 Crypto is now trading in a continuation bullish pattern 9 Many altcoins are showing signs of life 10 Paypal stablecoins PYUSD’s first transaction tested a value of $69.42069 11 BlackRock insiders say spot Bitcoin ETF approval is expected within six months 12 Ethereum just surpassed 100 Million non-zero addresses 13 X/Twitter fined $350,000 Fantom’s DEX SpiritSwap…

Description Coinbase’s Base officially opens its chain; here are some of the top protocols Everything you need to know about Base Coinbase’s Base officially opens its chain; here are some of the top protocols BASE Mainnet Starts Tomorrow – Projects will be Launching at Low Valuation Here are the Top Projects on BASE that could Pump Massively [⚠️𝐖𝐀𝐑𝐍𝐈𝐍𝐆: 𝐏𝐔𝐑𝐄 𝐔𝐍𝐀𝐃𝐔𝐋𝐓𝐄𝐑𝐀𝐓𝐄𝐃 𝐀𝐋𝐏𝐇𝐀 – 𝐃𝐄𝐆𝐄𝐍 𝐀𝐋𝐏𝐇𝐀] pic.twitter.com/1TihHudZoK — 0xJeff (@Defi0xJeff) August 9, 2023 1. @Baso_Finance The First Solidly Fork on Base. For New Eco, Solidly Fork tend to attract TVL from Traditional DEXs due to its Flywheel WL Launch is Coming in ~5 hrsValuation: $60k MCap at $600k FDVHardcap: 30 EAllo: 3 E per Wallet 1/ pic.twitter.com/Llbf40miWB — 0xJeff (@Defi0xJeff) August 9, 2023 2. @B_OHMstrong We all know (3,3) model itself without the ve doesn’t work. But that doesn’t mean it wouldn’t pump hard Public TGE today at 19:00 UTCPresale of 30 E was filled in 7 minsTGE will be on @BaseSwap_Fi 2/ pic.twitter.com/RQDU4W5OqR — 0xJeff (@Defi0xJeff) August 9, 2023 3. @BaseCasinoBot First TG Crypto Casino on Base – Will come out…

Description uber driver is getting margin called infront of cat feeling so scared rn pic.twitter.com/3mb85ZhSk6 — CL (@CL207) August 9, 2023 LOL this is absolute gold pic.twitter.com/FB1zLqDZEK — Psycho (@AltcoinPsycho) August 8, 2023 Has anyone checked on how they’re doing on the other app? pic.twitter.com/uAE8Anhj1r — greg (@greg16676935420) August 8, 2023 I’m old enough to remember pic.twitter.com/ui3l2fUng3 — greg (@greg16676935420) August 8, 2023 When you try to predict the market’s behavior 😂#Crypto #meme #CryptoMeme #BTC #cryptocurrency #CryptoX pic.twitter.com/lrLd0TZBYV — Mia Brown (@MissMiaNFTs) August 9, 2023 “We really need more marketing in Q4, guys”#cryptomeme #crypto #memecoins pic.twitter.com/wYehfqmDi5 — Crypto Giggle (@CryptoGiggle) August 8, 2023 I really believe #Bitcoin will reach 100K for sure#Cryptomeme #Memes #NFT #ETH #Dogecoin #Crypto #NFTmeme #RespectMeme #Memes #cryptomemes #cryptocurrency #CryptoTwitter #Ethereum #CryptoCommunity pic.twitter.com/5XdOd6HB19 — Sophia Ryan (@CryptoInkSophia) August 9, 2023 This will never end…📈#Crypto #cryptocurrency #CryptoTwitter #cryptomarket #CryptoX #CryptoMeme #Memes #Bitcoin #BitcoinETF #bitcoinmining #BLOCKCHAIN #NFT #NFTCommunity pic.twitter.com/En9K8cRQXe — CryptoTraderPro (@cryptoverse2197) August 9, 2023 It looks like easy, but in reality it is very hard…😂#Crypto #cryptocurrency #CryptoTwitter #cryptomarket #CryptoX #cryptotrading #Traders #CryptoMeme #Memes #BitcoinETF #NFT #nftart pic.twitter.com/OkNJFfKeNf —…

TL;DR Breakdown Microsoft collaborates with Aptos Labs to promote global web3 adoption. Aptos Assistant introduced to simplify user onboarding into the web3 ecosystem. Partnership to explore asset tokenization, digital payments, and CBDCs. Aptos to enhance security by running validator nodes on Microsoft’s Azure. Description One of the tech titans, Microsoft, is making its move. Known for its software and computing innovations, the tech mogul has now unveiled its latest venture into the uncharted territories of digital payments, blockchain, and Central Bank Digital Currencies (CBDCs). A partnership with Aptos Labs provides the launchpad for this ambitious dive into web3 adoption. … Read more One of the tech titans, Microsoft, is making its move. Known for its software and computing innovations, the tech mogul has now unveiled its latest venture into the uncharted territories of digital payments, blockchain, and Central Bank Digital Currencies (CBDCs). A partnership with Aptos Labs provides the launchpad for this ambitious dive into web3 adoption. Bridging the Web2-Web3 Chasm While blockchain and decentralized technologies have carved a niche for themselves, their real-world adoption remains a challenge. Many potential…

TL;DR Breakdown Reports have it that the Bank of Russia (BoR) is set to begin operational testing for their CBDC on Aug 15, across 13 banks. According to the deputy governor, citizens and businesses will be able to actively use the national digital currency on their own terms beginning in 2025. CBDCs will make an important conversation in the BRICS meeting coming at the end of the year which Russia is part of. Description Russia is poised to expand its digital ruble pilot by beginning real-world tests with 13 banks next week, the country’s central bank announced on Wednesday. According to reports, the Bank of Russia (BoR) will commence testing operations for the central bank digital currency (CBDC) project using digital rubles on August 15, 2023. Russia to begin … Read more Russia is poised to expand its digital ruble pilot by beginning real-world tests with 13 banks next week, the country’s central bank announced on Wednesday. According to reports, the Bank of Russia (BoR) will commence testing operations for the central bank digital currency (CBDC) project using digital rubles…

TL;DR Breakdown US House Oversight Committee reveals Biden family bank records. Records show over $20 million from foreign sources, notably Russia, Kazakhstan, and Ukraine. Funds linked to dinners in Washington attended by Joe Biden when he was Vice President. Description Joe Biden’s family has lately been under the intense scrutiny of the ever-watchful public eye. The US House Oversight Committee’s recent disclosure has thrown the financial dealings of the Biden family into a tempest of questions. A whopping $20 million sourced from foreign entities has added another layer to the unfolding political drama. Hunter Biden’s … Read more Joe Biden’s family has lately been under the intense scrutiny of the ever-watchful public eye. The US House Oversight Committee’s recent disclosure has thrown the financial dealings of the Biden family into a tempest of questions. A whopping $20 million sourced from foreign entities has added another layer to the unfolding political drama. Hunter Biden’s financial dance with foreign entities Delving into the nitty-gritty, a closer look at the bank records reveals transactions that extend beyond domestic confines. The tentacles of these…

TL;DR Breakdown Fenwick & West LLP faces class-action lawsuit over alleged involvement in FTX’s multi-billion-dollar scandal. The law firm is accused of creating “shadowy entities” to divert FTX customer funds. FTX collapsed in November 2022, unable to handle massive customer withdrawals. Description Dark clouds gather over Fenwick & West LLP, formerly FTX’s primary counsel, as they find themselves in the eye of a stormy class-action lawsuit. This tumultuous legal action alleges that the law firm played a role in the crypto exchange’s supposed multi-billion-dollar scandal. Fenwick & West LLP’s suspicious entanglement FTX customers have rallied to file … Read more Dark clouds gather over Fenwick & West LLP, formerly FTX’s primary counsel, as they find themselves in the eye of a stormy class-action lawsuit. This tumultuous legal action alleges that the law firm played a role in the crypto exchange’s supposed multi-billion-dollar scandal. Fenwick & West LLP’s suspicious entanglement FTX customers have rallied to file a suit in California’s District Court, aiming their criticism at the law firm’s questionable involvement in FTX’s business maneuvers. They accuse Fenwick & West LLP…

TL;DR Breakdown The crypto market sees a green industry in the last 24 hours – courtesy of multiple economic sentiments. Crypto market analysts point out the recent market surge stems from concerns about banks in the wake of Moody’s downgrade of ten mid-sized US banks and an unexpected Italian windfall tax. Shiba Inu leads the market surge due to the effect of the “Bit Pay” payment segment. Description The crypto market has been struggling to recover since the deathly crypto winter in 2022. Today, the digital asset industry has experienced a surge, and here is how and why. According to on-chain data XRP and Solana’s SOL led gains among crypto majors as bitcoin (BTC) posted steady growth in the past 24 hours. Contents … Read more The crypto market has been struggling to recover since the deathly crypto winter in 2022. Today, the digital asset industry has experienced a surge, and here is how and why. According to on-chain data XRP and Solana’s SOL led gains among crypto majors as bitcoin (BTC) posted steady growth in the past 24 hours….