cryptobriefing
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Bitcoin jumps 1.1% as Powell signals Fed policy adjustment
Key Takeaways Bitcoin rose 1.1% after Fed Chair Powell hinted at policy adjustment at Jackson Hole. Polymarket bets on a…
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Russia plans to set up crypto exchanges to support global trade
Key Takeaways Russia plans to establish crypto exchanges in Moscow and St Petersburg to support international trade. The exchanges will…
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AAVE soars 50% as tokenomics upgrade nears
Key Takeaways AAVE proposes eliminating the safety module and redirecting protocol revenue to stablecoin stakers. Aave currently holds a 70%…
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Fetch.ai opens new AI lab in San Francisco, commits $10M per year to support startups
Key Takeaways Fetch.ai has launched an Innovation Lab in San Francisco with a $10 million annual funding pledge. The lab…
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Kraken operator loses case in Australia over margin trading product
Key Takeaways Bit Trade failed to comply with design and distribution obligations for its margin trading product. ASIC plans to…
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US Bitcoin ETFs extend inflow streak as BlackRock reels in $75 million
Key Takeaways BlackRock’s US Bitcoin ETFs gained $75 million in new inflows on August 22. US spot Bitcoin ETFs have…
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Sony is launching an Ethereum L2 called Soneium to ‘realize the open internet’
Image modified from photo by Shubham Dhage on Unsplash, rendered from Figma. Key Takeaways Sony’s new blockchain, Soneium, is built…
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World’s second-largest development bank AIIB raises $300M in first blockchain-based digital bond issuance
Key Takeaways AIIB’s debut digital bond, backed by blockchain, matures in 2027. Citi and BMO act as dealers and facilitators…
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SunPump tops Pump.fun in 24-hour memecoin revenue
Key Takeaways SunPump generated $567,000 in revenue from 7,531 memecoins on a single day. SunPump’s daily earnings surpassed PumpFun’s by…
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Grayscale rolls out Avalanche trust product
Key Takeaways Grayscale’s Avalanche Trust offers exposure to the AVAX token, enhancing its crypto product range. The AVAX token is…
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