Bitcoin, Cardano Face Losses Before Fed’s Jackson Hole Meeting: Markets Wrap

“Hawkish commentary from the Fed could bring some volatility to the stock as well as crypto markets,” BKCoin Capital’s Kevin Kang said. “After Bitcoin briefly hit above $50,000 for the first time in three months, which closed May’s CME futures gap, there has been a lot of bullish optimism in the market.”

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Data Decoded: Layer 2s (Arbitrum and Optimism)

Research

Our newest Dune Dashboard tracks KPIs related to Layer 2s, specifically Optimism and Arbitrum, related to economics, user activity, and bridge flows.

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Strike launched a new feature for US users to send bitcoin to Nigeria, Ghana and Kenya instantly and for minimal fees

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FTX exchange NFTs show blank images, while direct links now point to the bankruptcy page

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$50 million is just the beginning — Celsius owes more than $4.7 billion in total

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Rikesh Thapa was arrested in California for allegedly swindling $1 million from the company to fund his lavish lifestyle

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It is unclear how long the investigation has been going on, or whether Bankman-Fried has committed any wrongdoing in relation to the matter

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Seed and early-stage crypto startups drew heavier checks this year than in 2021, according to Pitchbook