Short term, fixed rate loans can now work in harmony with Aave and Compound’s “ultimate liquidity” model. Source: https://www.coindesk.com/business/2023/08/01/defi-platform-term-finance-brings-fixed-rate-lending-to-ethereum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. District Judge Rakoff rejected a previous judge’s distinction between institutional sales and sales to retail investors on crypto exchanges, the report noted. Source: https://www.coindesk.com/markets/2023/08/01/ripple-ruling-rebuke-complicates-coinbases-defense-against-the-sec-berenberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether’s price appears overvalued compared to Ethereum’s dwindling revenues, one analyst said. Source: https://www.coindesk.com/markets/2023/08/01/ether-options-market-shows-bias-for-price-weakness-over-6-months/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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

Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan. Source: https://www.coindesk.com/tech/2023/08/01/tron-founder-justin-sun-alleviates-curve-finances-looming-bad-debt-situation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission. Source: https://www.coindesk.com/policy/2023/08/01/binance-japan-starts-onboarding-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

There’s no conclusive evidence that Sam Bankman-Fried has anything to do with BALD, but on-chain data shows its deployer contract has interacted with Alameda wallets. Source: https://www.coindesk.com/markets/2023/08/01/bald-token-rugpull-may-have-links-to-sam-bankman-frieds-alameda-data-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Traders pile into short positions in the perpetual futures market as potential liquidation of founder’s crypto borrowing may destabilise the broader decentralized finance ecosystem. Source: https://www.coindesk.com/markets/2023/08/01/curves-crv-token-hits-8-month-low-as-open-interest-jumps-to-100m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase’s Layer 2 blockchain has another problem on its hands. Source: https://www.coindesk.com/business/2023/08/01/leetswap-halts-trading-after-630k-drained-from-liquidity-pairs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Curve Founder Michael Egorov’s $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale …