EddieJayonCrypto

 16 Sep 24

tl;dr

• Coinbase, a16z, and OpenSea launch a $6 million legal defense fund to support NFT creators against SEC actions.• Catizen token launch faces backlash due to revised airdrop criteria, with players expressing dissatisfaction and accusing developers of unfair practices.• Former ARK Invest analyst pred...

• Coinbase, a16z, and OpenSea launch a $6 million legal defense fund to support NFT creators against SEC actions.
• Catizen token launch faces backlash due to revised airdrop criteria, with players expressing dissatisfaction and accusing developers of unfair practices.
• Former ARK Invest analyst predicts a $10 trillion market cap for digital assets, with enthusiasm surrounding lesser-known ecosystems like Move.
• Wall Street's influence and Fed rate cut speculations drive Bitcoin price down, while traditional indices like the Nasdaq and S&P 500 rise.
• Circle accused of profiting from stolen funds linked to the North Korean Lazarus Group, raising concerns over the use of crypto in illicit activities.
• Shibarium, the Layer-2 solution for Shiba Inu, receives a major upgrade, enhancing security, scalability, and transaction efficiency.
• Singapore investigates unauthorized sales of Worldcoin accounts, suspecting a breach of the Payment Services Act and data protection regulations.
• Circle and Sony partner to bring bridged USDC to Sony's Soneium blockchain, further integrating stablecoins into digital ecosystems.
• Bitwise CIO supports meme coin ETFs as a secure option for meme token investments, with a focus on Dogecoin and Shiba Inu despite recent market declines.

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