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
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
Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.Source
Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market
The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.Source
Terra Website Compromised; Developers Warn Against Phishing Scam
Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers.Source
BNB Chain Exploiter Liquidated for $30M on Venus Protocol
This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly.Source
First Mover Americas: Bitcoin Trades Flat; Vitalik Transfers $1M Ether to Coinbase
The latest price moves in bitcoin (BTC) and crypto markets in context for August 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week’s Slide
The ether-bitcoin ratio rose more than 2% past week in a gain that’s inconsistent with its record of taking losses during bouts of risk aversion.Source