Adoption
Bear Market
Digital asset market lost $1B in the week of Aug. 15
The digital asset market saw small outflows of up to $9 million, totaling $1 billion. The current market size is 55% smaller than the year average.
Payments
Ripple and Travelex partner up to launch crypto payments in Brazil
The duo will spread Ripple's On-Demand Liquidity (ODL) solution in Brazil to offer instant cross-border payments in crypto.
Technology
A new blockchain search engine Ora emerges from Solana hackathon
Ora helps bring crypto down to non-tech savvy by allowing users to search on-chain data using natural language.
People
Binance CEO CZ lashes out at Chinese media, The Block for spreading FUD
Binance's CEO posted a thread explaining that the major Chinese news site 163 was spreading FUD via fake news, just like the global crypto news site Block also did three years ago.
Research
Research: Miner selloff slows down amid back-to-back difficulty increases
Numbers show that the sell-off trend emerged amongst miners is slowing down, as mining difficulty increases again since the beginning of August.
Bear Market
Kraken CEO hopes to buy a Bugatti for 1 Bitcoin by year-end
Crypto exchange Kraken's CEO Jesse Powell recently told Bloomberg that he's still bullish on Bitcoin and hopes the price will see the price of the expensive car brand Bugatti.
Banking
Crypto-adaptive BankProv inks deal with Republic to offer escrow accounts
BankProv offers banking and crypto solutions to its corporate clients, and it will start to offer escrow accounts to companies who want to raise funding.
Technology
LunarCrush launches new API to aggregate data on over 4,000 crypto assets
Social analytics company LunarCrush's new API v3 tracks and organizes data on more than 4,000 crypto assets and 300+ NFT collections.
Exchanges
Binance holds the most amount of Bitcoin on exchanges after roles have reversed with Coinbase
The amount of Bitcoin held by Binance and Coinbase has been following a falling trend since the beginning of the year. In May, Binance's Bitcoin holdings started to spike while Coinbase's kept falling.
Bear Market
Huobi founder Leon Li in talks to sell his shares for up to $3B
Huobi Group's founder Leon Li is reportedly in talks with Tron founder Justin Sun and FTX founder Sam Bankman-Fried to sell his majority stake in the exchange.
Technology
Kraken report explores what’s superior — PoW or PoS
A recent study by Kraken concluded that neither PoW nor PoS mechanisms are the 'better' option. Instead, each has unique characteristics that fit better with different blockchain designs.
People
Mark Cuban is getting sued for promoting Voyager Digital
Billionaire Mark Cuban is getting sued by Voyager Digital investors and his basketball team, Dallas Mavericks fans, for promoting Voyager Digital, which went bankrupt in July.