30th July — 6th August
▫️ Crypto investment products saw $528M in net weekly outflows amid recession fears.
▫️ SEC urges court to reject Coinbase’s subpoena request.
▫️ Jonathan Mann (Song a Day) sues SEC to clarify NFT art isn’t unregistered security.
▫️ BitClout founder charged by SEC for fraud & unregistered securities.
▫️ Alleged crypto recovery scammer charged by Manhattan DA.
▫️ Hong Kong’s Futu launches crypto services with fiat trading pairs.
▫️ HashKey’s OTC trading unit awarded Singapore’s payment license.
▫️ Bybit to end services and stop offering products in France.
▫️ Polymarket crosses $1B in cumulative volume, driven by US political bets.
▫️ Genesis completes bankruptcy restructuring, begins distributing $4B in crypto and cash.
▫️ Morgan Stanley to allow wealth advisors to pitch bitcoin ETFs to some clients: CNBC.
▫️ Convergence Finance $200k exploit due to lack of input validation; code removed post-audit for gas optimization.
▫️ Compound agrees to staked COMP product in exchange for Humpy canceling proposal.
▫️ Synthetix launches USDx (collateralized stablecoin) on Arbitrum, offering 0% interest borrowing.
▫️ Hedge fund giant Capula reports owning $464M in spot bitcoin ETF shares.
▫️ Ethereum transaction count hits five-month low as Layer 2 solutions surge.
▫️ Ethereum celebrates ninth anniversary of mainnet launch.
▫️ Zircuit launches initial mainnet phase, rolls out ZRC token airdrop claims.
