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Sotheby's to sell CryptoPunk and Beeple NFT at digital auction

The online event will occur at 7 pm UTC and end on Aug. 22. 

US gov’t $590M Silk Road Bitcoin transfer to Coinbase unlikely to be sold — Analyst

The government could also be looking to custody or trade the Bitcoin, based on a recent partnership with Coinbase Prime.

EigenLayer TVL hits $12.9B, climbs 11% in one week — IntoTheBlock

EigenLayer leads the restaking sector with a $12.9 billion TVL, driven by AVS rewards and growing interest in Ethereum-based restaking.

Multiple arrests made in $14.4M Holograph hack investigation

While the suspects’ names remain undisclosed, the arrests mark a significant step toward justice for the victims of the Holograph hack.

Malaysian kidnappers abducted Chinese man for $1M USDT: Report

Six Malaysian nationals, including a couple, have been charged with kidnapping a Chinese citizen and demanding a ransom of $1 million in USDT.

Bitcoin sell pressure may break $56K support as options expiry looms

The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16.

US gov’t Bitcoin sale ‘doesn’t affect anything’ as analyst blames bears

Governments divesting themselves of their BTC is a non-event, but Bitcoin bears make sure that the market feels the heat regardless, analysis says.

Nigerian crypto wallets tied to protests evade government freeze efforts

The discrepancies between the government’s claims and the blockchain data highlight the tense dynamic between digital finance and state authorities.

Tokenized US Treasurys expected to surpass $3B by end of 2024

Increased crypto adoption and high treasury yields could push tokenized US Treasurys toward a $3 billion market cap by the end of 2024.

Boomer says ETH fundamentals at all-time high, price is ‘lagging’

Ether’s current price doesn’t reflect the true performance of the network’s fundamentals in recent times, according to an investment manager.

Iran is giving $24 to anyone who dobs in illegal crypto miners

The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.

Two-thirds of institutional Bitcoin ETF holders held or bought more in Q2

44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,” according to Bitwise’s investment chief.

Crypto influencers on notice after FTC bans fake likes and followers

New rules from the FTC mean crypto influencers will face stiff fines for fake followers and likes, while celebrity testimonials are also in the firing line.

Fed rate cuts are not a sure thing — What does this mean for Bitcoin?

A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks.

USDC to embrace tap-and-go payments after Apple opens up NFC

United States stablecoin giant Circle says tap to pay functionally for USDC will be coming “soon” to iPhones.

DeFi rises again as Aave hits new ATH in weekly borrowers

Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth.

Australian regulator claims 58% of crypto ads on Facebook are scams

Australia’s competition watchdog cited preliminary research that found more than half of the crypto ads on the platform breach Meta’s policies or involve scams.

Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC

Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency.

Senator Chuck Schumer pledges pro-crypto laws if Harris is president

Speaking at the Crypto4Harris event, the majority senate leader says he will make it his goal to introduce pro-crypto legislation by the end of this year if Kamala Harris is elected president.

Ethereum gas fees: Too low or too high? No one can decide

Critics who have a problem with volatile gas prices — on Ethereum or elsewhere — have the wrong vision for the future of crypto.

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