Exchanges, Infra & Regulation Updates
🤖 Coinbase: AI now writes 46% of its codebase
📉 ETH exchange reserves drop to 3-year low
🪙 Anchorage launches institutional Starknet staking
📉 WLFI token dumps -40% despite $47M burn
🧠 Wintermute vs SEC: “Tokens ≠ securities”
⛓️ 1Money…
The SEC released its rulemaking agenda for the coming months on Thursday
The agenda includes potential proposals on:
- How digital assets are offered and sold, with possible exemptions and safe harbors
- Clarifying how broker-dealer rules apply to crypto
- Allowing crypto…
📉 Markets are pricing in a 97.6% chance of a #FED rate cut.
What it could mean:
Cheaper credit
Liquidity boost for risk assets
Tailwind for #Bitcoin & equities
#FED#BTC
JUST IN: • 220M $BGB ($1.09B) has been burned
Another 220M ($1.09B) moved to a new wallet for locking.
This comes as Bitget x Morph announce a strategic partnership:
- $BGB becomes Morph’s gas + governance token
- Burn mechanism tied to Morph network activity
- Supply to be…
JUST IN: @Grayscale debuts $ETCO.
Grayscale® Ethereum Covered Call ETF aims to generate current income, with a secondary objective of capturing returns linked to Ether.
Oracle provider @redstone_defi has acquired @CredoraNetwork, an on-chain credit rating platform backed by Coinbase Ventures and S&P.
Rebranded as Credora by RedStone, the combined service will deliver transparent credit ratings for DeFi strategies.
$HYPE (@HyperliquidX) just posted its highest monthly revenue ever in August:
- $106M revenue, up 23% from July’s $86.6M
- Driven by nearly $400B in perpetual contract volume
🚨 A user of @VenusProtocol lost ~$27M in crypto after falling victim to a phishing scam.
The attacker tricked the victim into approving a malicious transaction, giving control of their assets to wallet 0x7fd8...202a.
REMEMBER: A USER, NOT VENUS. $XVS
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