PayPal’s New Stablecoin and the ‘2 Wolves’ Inside Crypto https://www.coindesk.com/consensus-magazine/2023/08/08/paypals-new-stablecoin-and-the-2-wolves-inside-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, DOJ Says The U.S. Department of Justice still plans to argue that Sam Bankman-Fried conducted an "illegal campaign finance" scheme when it goes to trial in October, prosecutors said Tuesday, two weeks after sa... https://www.coindesk.com/policy/2023/08/08/sam-bankman-fried-will-still-face-campaign-finance-related-charge-doj-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cathie Wood and Mike Novogratz Are Both Bullish on Spot Bitcoin ETF Approvals Ark Invest CEO Cathie Wood and Galaxy Digital CEO Mike Novogratz are both optimistic about the imminent approval of a spot bitcoin ETF. https://www.coindesk.com/markets/2023/08/08/cathie-wood-and-mike-novogratz-are-both-bullish-on-spot-bitcoin-etf-approvals/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Brevan Howard Backs Crypto Infrastructure Startup Puffer in $5.5M Round The seed round for the liquid staking startup was co-led by Lemniscap and Lightspeed Faction. https://www.coindesk.com/business/2023/08/08/brevan-howard-backs-crypto-infrastructure-startup-puffer-in-55m-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Paxos Has Other 'White Label' Stablecoin Opportunities in the Works in Addition to PayPal USD Crypto infrastructure provider Paxos Trust is already working on other stablecoin projects similar to PayPal’s new PYUSD, said Paxos’ head of strategy Walter Hessert on CoinDesk TV on Tuesday. https://www.coindesk.com/business/2023/08/08/paxos-has-other-white-label-stablecoin-opportunities-in-the-works-in-addition-to-paypal-usd/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Where Will Bitcoin Mining Be After the Halving? https://www.coindesk.com/consensus-magazine/2023/08/08/where-will-bitcoin-mining-be-after-the-halving/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Blockchain Security Firm Forta Upgrades Its Scam Detector to Battle Growing Crypto Fraud Hundreds of millions of dollars have been lost to scams and exploits in July alone. https://www.coindesk.com/tech/2023/08/08/blockchain-security-firm-forta-upgrades-its-scam-detector-to-battle-growing-crypto-fraud/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Receives License to Offer Bitcoin, Digital Asset Services in El Salvador The crypto exchange said it now holds licenses to operate in 18 countries. https://www.coindesk.com/business/2023/08/08/binance-receives-license-to-offer-bitcoin-digital-asset-services-in-el-salvador/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan The world's largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings. https://www.coindesk.com/business/2023/08/08/bitmain-anchorage-expected-to-take-equity-in-bitcoin-miner-core-scientific-as-part-of-bankruptcy-plan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Multicoin Backer L1 Digital Raises $152M for Second Crypto VC Fund The Swiss advisor makes direct investments in crypto projects and also backs early-stage crypto investment firms. https://www.coindesk.com/business/2023/08/08/multicoin-backer-l1-digital-raises-152m-for-second-crypto-vc-fund/?utm_medium=referral&utm_source=rss&utm_campaign=headlines