Aave Debates Coinbase’s Upcoming $cbBTC

️ On today's Top Picks:

Crypto News

• ⭐️ Former Alameda CEO Caroline Ellison to face sentencing on Sep 24th; Ellison’s attorneys ask for no jail time.

• PayPal & Venmo launch support for Ethereum Name Service $ENS domains.

• Paxos to launch products on Arbitrum $ARB; currently live on Ethereum, Polygon & Solana.

• Nansen acquires stakewithus, a non-custodial staking service provider.

• Tether, TRON & TRM Labs establish T3 Financial Crime Unit to combat illicit activity with $USDT on TRON.

• US CFTC partners with several organizations to fight against crypto pig butchering scams.

• tZero becomes second US-compliant digital assets securities firm; joins controversial firm Prometheum as one of two.

Alpha

• ⭐️ Base teases upcoming launch of $cbBTC; AAVE proposal sparks debate.

• Karak launches Phase 2 of Keystone Testnet, the final phase before Mainnet.

• Zora opens its mobile app to everyone.

• Blackwing sunsets Testnet; Mainnet announcement coming soon.

• Stani posts, "Lens is entering a new chapter..."

• Guild launches exclusive anniversary 3 Years of Guild NFT.

• September - November Roadmap Calendar by LayerGG.

Airdrops

• Jumper Airdrop Strategy by Earndrop.

• EigenLayer Early Contributors have until Sep 13th to verify eligibility for Season 2 Stakedrop.

• ICYMI Weekly Airdrop News by Earndrop.

• New Airdrop Campaigns by CryptoRank.

• ICYMI LogX introduces $LOGX token; 12% set for Airdrop Season 1 & 40% set for future community rewards.

Finance News

• ⭐️ US Inflation falls to 2.5%, lower than expectations.

• Core Scientific $CORZ eyes $25-$30b valuation with new AI data center contracts.

• CleanSpark $CLSK to buy 7 Bitcoin mining facilities for $27.5m

• Metaplanet buys additional $2m of Bitcoin $BTC; total holdings now worth ~$26m.

• Standard Chartered begins offering custody services for digital assets in the UAE.

• BRICS confirms 159 participants will adopt new payment system.

• OpenAI in talks to raise $6.5b at a valuation of $150b.

• K Bank files for IPO with up to $732m raise & $3.7b valuation; would be the biggest South Korean listing in ~3 years.

• TD Bank ordered to pay $28m by US CFPB for misreporting consumer credit data.

• GameStop $GME reports better-than-expected Q2 earnings, but sales dropped more than 30%.

Security and Exploits

• ⭐️ Indodax exploited for ~$20m; the website is currently inaccessible as team conducts maintenance.

• Microsoft releases Windows security updates patching 4 zero-days & 79 vulnerabilities.

Token Unlocks

• Aptos / 11.31m $APT / ~$71m / SEP 11
• IOnet / 2.11m $IO / ~$3m / SEP 11
• Cyber / 886.12k $CYBER / ~$3m / SEP 13
• Render / 760.57k $RENDER / ~$4m / SEP 14
• Axie Infinity / 815.63k $AXS / ~$4m / SEP 14
⭐️• Starknet / 64m $STRK / ~$26m / SEP 15
• Ethena / 14.89m $ENA / ~$3m / SEP 15
• Arbitrum / 92.65m $ARB / ~$49m / SEP 16

Funding

• Huma Finance raises $38m in Series A & Liquidity funding.

• PIN AI raises $10m in Pre-Seed funding.

• Castile raises $8m in funding led by SevenX Ventures.

• Moku raises $5.35m in funding led by Sky Mavis & a16z Games.

• Fountain raises $3.5m in Seed funding.

• Ammalgam raises $2.5m in Seed funding led by Faction & Framework Ventures.

• t1 Protocol raises $2.5m in Pre-Seed funding

• Hyberbridge raises $2.5m in funding from the Web3 Foundation & Scytale Digital.

• Vibes raises $2m in Pre-Seed & Angel funding.

• Carrot raises $600k in Pre-Seed funding.

• Cork Protocol raises an undisclosed amount in Pre-Seed funding.

• Blum raises an undisclosed amount in funding from Binance Labs.

• BSX raises an undisclosed amount in funding from HTX Ventures.

• MyShell raises an undisclosed amount in funding from 071labs.

The Degen Farmer