The 55 million HOOD shares owned by Bankman-Fried and fellow FTX co-founder Gary Wang through Emergent Fidelity Technologies. Source: https://www.coindesk.com/business/2023/09/01/robinhood-to-buy-back-sam-bankman-frieds-6057m-stock/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Usage has shown a low correlation with crypto exchange volumes, which suggests that significant stablecoin transaction volumes are likely being used for non-speculative purposes, the report said. Source: https://www.coindesk.com/markets/2023/09/01/stablecoins-can-provide-an-escape-from-high-inflation-currencies-brevan-howard-digital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The market cap of BiLira’s TRYB token has increased more than 300% to $136.10 million, the second-highest among non-U.S. dollar-pegged stablecoins. Source: https://www.coindesk.com/markets/2023/09/01/lira-backed-tryb-token-becomes-worlds-second-largest-non-dollar-pegged-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.” …

Less than half of the fund’s investments will be in bitcoin (BTC) and ether (ETH), the two largest cryptocurrencies, with the aim of diversifying allocations to smaller cap assets. …

Network activity has started to chug along since an earlier glitch was solved last weekend. Source: https://www.coindesk.com/tech/2023/09/01/shibarium-crosses-600k-unique-wallets-as-shib-whale-moves-38m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

OKX, one of the biggest crypto exchanges by trading volume, is planning to enter India to explore potential Web3 applications. Source: https://www.coindesk.com/business/2023/09/01/okx-planning-web3-foray-into-india-chief-marketing-officer-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Going by technology theorist Carlota Perez’s research, “RWAs” may be the next phase of substantive crypto development. Source: https://www.coindesk.com/consensus-magazine/2023/08/31/the-trillion-dollar-crypto-opportunity-real-world-asset-tokenization/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Securities and Exchange Commission (SEC) delayed making a decision on any bitcoin exchange-traded fund applications filed earlier this year. Source: https://www.coindesk.com/policy/2023/08/31/after-grayscale-victory-sec-kicks-the-can-on-latest-bitcoin-etf-applications/?utm_medium=referral&utm_source=rss&utm_campaign=headlines