Market
Exchanges
Coinbase insiders dump over $30M stocks amid SEC lawsuit, but share value defies odds
Coinbase CEO Brian Armstrong led the sales of the company stocks
Exchanges
Crypto trading sinks to 2019 levels as Binance sees market dip and Huobi volumes surge
Huobi Exchange spot trading volume surged by 46.5% to $28.9 billion in August.
Crime
Crypto whale loses over $24M staked Ethereum to phishing, as ‘verified’ X scams surge
Web3 security firm Kaspersky said crypto-related phishing scams have grown by 40% this year.
Wallets
Grayscale revealed as second-largest Bitcoin holder despite confidentiality efforts: Arkham Intelligence
Arkham Intelligence reports that the funds are distributed among more than 1,750 addresses.
Technology
Japan’s SBI Group partners with Ripple, but XRP price remains unaffected
XRP price has erased all the gains it made from the Ripple's partial victory against the U.S. Securities and Exchange Commission.
Exchanges
Coinbase Singapore now requires counterparty’s personal information to process transactions
Coinbase warned that it might fail to process a user's crypto transactions if they fail to provide the required information.
CBDCs
Digital ruble rise threatens future of conventional banking in Russia
Russian lawmaker Anatly Aksakov argued that traditional banks might "fade away."
Technology
Nostr domain on sale for $5 million, may host Lightning wallet services if unsold
Ben Arc pledged to give 10% of the proceeds to the other cofounder of Nostr.
Layer-2
Coinbase-backed Base restores block production after more than 40 minutes outage
Base has surged into the top 10 rankings on DeFiLlama's Total Value Locked (TVL) charts.
Exchanges
Coinbase raises bond buyback limit to $180M amid a surge in investor interest
Coinbase's stock has increased by more than 100% on the year-to-date metric.
Stablecoins
Visa expands USDC settlements to Solana blockchain in partnership with WorldPay, Nuvei
Several traditional financial institutions are increasingly leaning into crypto.
Analysis
Liquid staking outperforms bearish market as Lido growth fuels $20B TVL
The total number of Ethereum staked on Lido is at an all-time high of more than 8 million.