・US spot Bitcoin ETFs reduced their year-to-date net outflows by 66% as Bitcoin gained about 25% in August, while Ether ETFs turned positive YTD at $732 million and XRP ETFs reached $502 million.
・One of Bitcoin’s onchain demand indicators turns negative again after a brief August rebound, as BTC price slipped below $77,000 amid a broader bond and equities sell-off.
・Arthur Hayes says Bitcoin is going to grind higher from here, but Ethereum is his number one pick due to its potential to increase “3x to 5x pretty quickly.”
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・The Euronext Growth Paris-listed firm issued 13,181,030 shares with four warrants each at 58 euro cents per share, according to a filing on Wednesday.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・Russia-based Sality watched for copied bitcoin and Ethereum addresses and quietly replaced them with the attacker’s.
・CrowdStrike and law enforcement have now isolated more than 15,000 infected machines.
・Grayscale, a16z, and the CCI asked the SEC to preserve existing classification rules and avoid treating novel exchange-traded products as a single category, while proposing different routes to clearer and faster reviews.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・In this week's Crypto Long & Short, Varun Datta of Truth Ventures writes that crypto venture capital's retreat to later-stage deals is a consensus trade dressed as discipline.
・With proven companies taking 57% of last quarter's capital, he argues the founding-stage gap is where the returns are, and lays out three things to look for.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・Adding Massachusetts incumbent Auchincloss to the list of winning primary candidates Fairshake supported, the industry's influence moves on to November.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・Officials in the G20, under the US’ presidency, recognized that digital assets could support “broad-based economic growth” and called for improvements in cross-border transactions.
・Hashkey joined the DTCC’s working group on tokenization innovation as the first Asian crypto service provider to join with over 100 financial institutions, including Goldman Sachs and JPMorgan.
・The plaintiffs allege that Tether acted in response to an informal U.S.
・law-enforcement request more than three months before a seizure warrant was issued.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.
・Ondo says existing US securities laws can accommodate perpetual futures tied to individual stocks as regulators look to bring more derivatives activity onshore.
・Full Sail is shutting down after an attacker removed about $91,000 from three vaults during a security incident linked to oracle provider Switchboard.
・The plaintiffs didn’t dispute their involvement in the pig butchering scam, but claimed that Tether did not have the authority to freeze the $42 million at the time.
・Thailand adopted a crypto Travel Rule requiring digital asset operators to verify control of self-custodial wallets and retain transaction data for five years.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・Tokenization is not just about increasing access to tokens, whatever they may represent, but a fundamental shift in how value is created, owned, financed and moved, argues Solana Foundation’s Lily Liu.
・Spot XRP funds have logged 11 straight sessions of inflows, while Q2 filings show Goldman Sachs, Jane Street and Millennium among their biggest professional holders.