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Price analysis 8/9: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

Bitcoin's sharp recovery to $30,000 proves that bulls are buying BTC and altcoins at lower support levels.

Binance drops majority of USD Coin reserves — Latest USDC news

This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with.

Is fully decentralized blockchain gaming even possible?

A ragtag group of communists and ZK-rollup fans are working tirelessly to make blockchain games composable and fully on-chain. It’s not easy.

USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users.

Paypal USD: Boon for Ethereum but not decentralization, says community

Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC.

China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express

Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.

Bitcoin funds see weekly outflows of $111M, most since March: CoinShares

Solana bucked the trend, with its $9.5 million in inflows taking the top spot over the past week.

Price analysis 8/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

Bitcoin’s failure to rebound off strong support may open further downside as bears may be tempted to sell.

Decentralized asset management system launches for Arbitrum, Optimism

Valio has launched publicly, allowing investors to back money managers through a decentralized process.

DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s crypto trading: Hodler’s Digest, July 30 – Aug. 5

Curve Finance’s dramatic exploit exposes DeFi, DoJ concerns of a run on Binance, and Hong Kong debuts retail crypto trading.

Curve-Vyper exploit: The whole story so far

Curve Finance pools were targeted by hackers in a reentrancy attack on July 30, sending shockwaves across the DeFi ecosystem. Cointelegraph compiled the week's events.

CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined

Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit.

Price analysis 8/4: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

Bitcoin continues to range trade, and altcoin traders are starting to view BTC’s price consolidation as a positive sign for the rest of the crypto market.

Girl Gone Crypto thinks ‘BREAKING’ crypto news tweets are boring: Hall of Flame

Girl Gone Crypto has amassed a huge following on Twitter thanks to her interesting and unique take on crypto news.

Matter Labs CEO vehemently denies copy-pasting code from Polygon Zero

Matter Labs CEO Alex Gluchowski said that the allegations were unfounded, misleading and disappointing.

Ether ETF applications flood the SEC as ProShares files the 11th

ProShares has filed for an equal weight Bitcoin and Ether ETF, marking the 11th Ether ETF application in less than seven days.

Polygon Zero accuses Matter Labs’ developers of plagiarism

Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution.

Base launches mainnet bridge UI for end users, sets Aug. 9 for official launch

Coinbase’s Base network began onboarding end users through a bridge UI, and the team announced Aug. 9 as the platform's official launch date.

Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take

Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on Gods Unchained.

Aave Chan founder proposes buying $2M CRV from Curve founder

The proposal drew mixed reactions from the community where some criticized the strategy for buying more CRV even as others are looking to shed exposure.

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