DeSantis Accuses Biden of ‘War on Bitcoin,’ Vows to Stop It if Elected President

Presidential candidate and Florida Governor Ron DeSantis (R-Fla.) called out the Biden Administration for its “war” on bitcoin and cryptocurrencies and said that he will end it should he become President.Source

As Litecoin Halving Approaches, Founder Touts Silver Collector Cards Loaded With ‘Digital Silver’

Litecoin’s third “halving event” – a programmed 50% reduction in the pace of new issuance of the cryptocurrency – is expected on Wednesday.Source

Curve Debacle Triggers Transaction Frenzy, Sending Ethereum ‘MEV’ Rewards to Record High

On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day.Source

Digital Currency Group Appoints Mark Shifke as Chief Financial Officer

Shifke fills the gap left when Michael Kraines stepped down as CFO in April.Source

DCG Says It Sees Resolving Genesis Chapter 11 Bankruptcy Soon

Digital Currency Group comments on the restructuring in an investor letter.Source

DYdX Proposal to Slash Token Issuance Wins Early Support

In theory, this could boost the price of DYDX, based on the basics of supply and demand.Source

Coinbase’s New Base Blockchain Gobbled Up $68M in Ether, and It’s Not Even Officially Live Yet

Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge.Source

Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles

Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts of the Curve system. Several stablecoin pools on the platform — used for pricing and liquidity on a number of different DeFi services — have been drained by hackers so far.Source

Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read

Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.Source

Sam Bankman-Fried’s Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ

Sam Bankman-Fried’s repeated efforts to contact witnesses and influence their testimony shows that “no combination of conditions will reasonably assure the safety of the community,” prosecutors said in a written filing calling for his bond to be revoked.Source