SBF Wants Retrial; Treasure Leaving Arbitrum

️ On today's Top Picks:

Crypto News

• ⭐️ FTX Founder Sam Bankman-Fried appeals fraud conviction; requests new trial accusing case judge of being unfairly biased.

• ⭐️ Coinbase launches $cbBTC, an ERC20 token backed 1:1 by Bitcoin held by Coinbase.

• Trump-associated Project World Liberty Finance to launch on September 16th.

• ⭐️ Treasure proposes migration from Arbitrum $ARB to ZKsync $ZK; to launch L2 on ZK Stack.

• Grayscale announces Grayscale $XRP Trust; also launches Grayscale $SUI Trust.

• US Diplomats have pressured Nigerian officials to release Binance executive Tigran Gambaryan since June.

• Jesse Spiro joins Tether as Head of Government Affairs; previously at PayPal & Chainalysis.

• Kraken demands jury trial to defend its position in US SEC lawsuit.

• US Judge rules CFTC exceeded authority in blocking Kalshi’s election contracts.

• eToro settles with US SEC for $1.5m; to offer only select set of crypto & sell other crypto over next 180 days.

Alpha

• UniSat launches iOS App on the Apple App Store.

• SatLayer launches Epoch 2 & raises caps; adds support for Bitlayer & Lorenzo Protocol $stBTC.

• Base launches commemorative $cbBTC Is Onchain NFT mint.

• Karak adds support for Lombard $LBTC.

• Jumper launches Jumper x Sei campaign on Galxe.

• Squid launches Squid 2.0 with a brand-new interface & more.

Airdrops

• Solayer - Future of Solana-based Restaking by Earndrop.

• ICYMI Jumper Airdrop Strategy by Earndrop.

• Puffer Finance announces 1.5% of the Mind Network token supply is allocated to the Puffer community.

• LogX announces $LOGX TGE coming on September 24th.

• ICYMI Weekly Airdrop News by Earndrop.

Finance News

• Swift to build solutions interlinking fiat currencies with different forms of tokenized assets.

• ⭐️ MicroStrategy $MSTR buys 18.3k Bitcoin for ~$1.1b; holds 244.8k Bitcoin worth $9.45b.

• Marathon Digital $MARA adds more Bitcoin to its holdings; holds 26.2k Bitcoin worth $1.5b.

• Ark Invest buys $8.4m of Coinbase $COIN shares; previously bought $21.8m of Coinbase shares in early August.

• US Government has spent $1 Trillion on interest payments for its national debt this year.

• Mastercard $MA to buy cyber-defense firm Recorded Future for $2.65b.

Security and Exploits

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

• ICYMI SlowMist Weekly Crypto Security Report highlights ~$30m in total losses.

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

• Fuse raises $12m in Strategic funding led by Multicoin Capital.

• INFINIT raises $6m in funding led by Electric Capital, Mirana Ventures, & Hashed.

• Wingbits raises $3.5m in Seed funding led by Borderless Capital & Tribe Capital.

• Titan raises $2.5m in Pre-Seed funding led by Round13 Digital Asset Fund.

• GasHawk raises $1.6m in Pre-Seed funding.

• Eigenpie raises an undisclosed amount in Seed & Strategic funding.

• Gradient Network raises an undisclosed amount in funding.

• OpenEden raises an undisclosed amount in Strategic funding from Binance Labs.

• Titan Network raises an undisclosed amount in Seed funding led by Arrington XRP Capital.

• Open Forest Protocol raises an undisclosed amount in Seed funding led by Übermorgen Ventures.

• Derive raises an undisclosed amount in Angel funding.

The Degen Farmer