CZ seeks dismissal of FTX’s $1.76B clawback lawsuit in Delaware
Changpeng “CZ” Zhao has asked a U.S. bankruptcy court to dismiss FTX’s $1.76 billion clawback lawsuit, claiming the court lacks jurisdiction over a foreign resident involved in offshore transactions. The request was filed on Aug 4 in the Delaware bankruptcy…...
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Tron Records $1.4 Billion In Profit-Taking—Glassnode Reveals Who’s Behind It
On-chain analytics firm Glassnode has revealed the Tron (TRX) cohort that has been responsible for the latest profit-taking event on the network. Tron Has Just Seen Its Largest Profit-Taking Wave In Months In a new thread on X, Glassnode has discussed about the profit-taking spree that has just occurred...
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SEC Commissioner Peirce Urges Lawmakers To Protect Crypto Privacy Rights, Open-Source Developers
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has called for the protection of crypto privacy rights and open-source development ahead of the crucial verdict of the Tornado Cash co-founder’s trial. In Defense Of Crypto Privacy, Developers On Monday, SEC Commissioner Hester Peirce defended the crypto privacy sector,...
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OpenAI could reach $500 billion valuation in new stock deal for staff
OpenAI’s potential valuation surge highlights the intensifying competition for AI talent and the strategic maneuvers shaping tech industry dynamics. The post OpenAI could reach $500 billion valuation in new stock deal for staff appeared first on Crypto Briefing....
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DOGE Sheds 5% as Volume Quadruples, Testing Key Support Zones
Meme coin DOGE extended its slide on Monday, falling through support levels and triggering fresh selling interest as broader market risk appetite collapsed. What to Know Dogecoin fell 5% over the 24-hour session from August 4 at 21:00 to August 5 at 20:00, declining from $0.21 to $0.20. The...
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China Warns Worldcoin-Style Iris Scanning a National Security Threat
China’s Ministry of State Security (MSS) is warning of a national security threat posed by the misuse of biometric data, singling out foreign companies that incentivize iris scans with cryptocurrency, in what appears to be a thinly veiled reference to Worldcoin via a post on its official WeChat account....
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XRP Prints Lower Highs, Volume Spikes to 169M in Sharp Reversal
Traders brace for continued downside as resistance caps at $3.04 and $2.93 floor emerges following 169M volume flush. What to Know XRP fell 4.2% during the 24-hour session ending August 6 at 02:00, retreating from $3.06 to $2.93 in a volume-driven breakdown. The session’s high of $3.08 was hit...
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Tom Lee Believes Strategy Could Become The Biggest Company If Bitcoin Hits $1 Million: Michael Saylor Is ‘Changing The Reality’ Of The Stock Market
Financial analyst Tom Lee predicted Tuesday that Michael Saylor-led Strategy Inc. (NASDAQ:MSTR) could become the largest company in the stock market, especially if Bitcoin (CRYPTO: BTC) hits $1 million. MSTR stock tumbled in Tuesday’s session. Track it now here. Strategy: The New Exxon Mobil? During an interaction with podcaster...
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Jupiter launches private beta for Jupiter Lend
Jupiter has launched the private beta of Jupiter Lend, its long-awaited decentralized lending platform built on Solana. The rollout, announced Aug. 6, is available to users who joined the early access waitlist, with a full public release scheduled later this…...
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What caused Base blockchain’s 33-minute network outage?
Base, Coinbase’s Ethereum layer-2 blockchain, experienced a 33-minute network outage on Aug. 5 after a faulty sequencer transition halted block production. A bug in Conductor, an OP (OP) Stack component that oversees Base’s high-availability sequencer cluster, was the root cause…...
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