The Protocol: Memecoin Trading Is Suddenly Trump.fun

Blockchain has gone even more ridiculous than usual over the past week, with headlines focused on Trump-themed memecoins and the Solana-based launchpad Pump.fun. PLUS: Ethereum developers tee up revamp of the EVM programming environment.Source

U.S. Moves $600M of Silk Road Bitcoin to Coinbase Prime, but Not Necessarily to Sell

Bitcoin’s price remained flat around $59,000, while its swift decline from $61,000 earlier today happened before the transaction.Source

Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering

The Latin American country’s agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products.Source

Digital Assets Infrastructure Provider Parfin Raises $10M in Series A Funding

The company plans to reach $16 million by the end of a second closing.Source

Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token

Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain “restaking” scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem.Source

Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright

The broker upgraded the bitcoin miner’s shares to buy from sell and raised its price target on the stock to $13.50 from $7.50.Source

CoinDesk 20 Performance Update: RNDR and SOL Propel Index to a 1.3% Increase

Render climbs 3.3% while Solana adds 3.0%, helping drive the index upward.Source

Thailand’s PM Removed, But Crypto Policies Likely to Remain ‘Largely’ Unaffected in Political Uncertainty

Thailand Prime Minister Srettha Thavisin’s shock removal from office by a court on Wednesday may not impact crypto rules in the nation, even if some policy implementations may be affected, experts told CoinDesk.Source

Sahara AI, Blockchain Project Tackling Copyright and Privacy, Raises $43M

The large funding round was led by Pantera Capital, Binance Labs and Polychain Capital and included participation from Samsung, Matrix Partners, Foresight Ventures and others.Source

U.S. CPI Rose 0.2% in July, Matching Expectations

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