BNB Token Stumbles to 1-Year Low Amid Mounting Scrutiny Over Binance

BNB, formerly known as Binance Coin, dropped to as low as $204, lowest since late June 2022.Source

Meet Botto, the AI-Artist That Mints Its Own NFTs

Botto is part AI, part human community, part DAO, and part experiment on the way to artistic singularity. Jeff Wilser meets its creator, Mario Klingemann.Source

Privacy Mixer Tornado Cash Is an Entity, Judge Says

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Crypto Exchange EDX Markets Taps Anchorage as Custody Provider

Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.Source

Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second

Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and OptimismSource

Starkware to Open-Source ‘Magic Wand’ of Its Zero-Knowledge Cryptography Next Week

The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco.Source

FedNow Is a Reminder That Payments Aren’t Crypto’s Differentiator

Existing payments systems are hard to beat, but there may be niches where blockchain companies can play, says EY’s Paul Brody.Source

Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in Bitcoin

A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing shows.Source

Sam Bankman-Fried Due Back in Court as He Asks for Daily Releases

Sam Bankman-Fried will have five and a half hours with his attorneys, minus any time spent being arraigned yet again Tuesday on his latest indictment, which folded campaign finance allegations into existing charges.Source

Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains

The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.Source