TL;DR

• Coinbase is gearing up to launch Gravity (G) trading on August 13, Eastern Time.

• Trump’s latest post on X reads: Make America Great Again.

• Optimism is working on creating a native interoperable system for Layer 2 blockchains.

• There's a 48% chance that the Federal Reserve will reduce interest rates by 50 basis points in September.

• Russia now mandates that bloggers and Telegram channel owners with over 10,000 subscribers must register with Roskomnadzor.

• Germany's state-owned bank KfW is set to introduce digital bonds utilizing blockchain technology.

• The U.S. SEC has charged NovaTech and its principal with a $650 million cryptocurrency fraud.

• The US SEC sent letters to venture capital firms like a16z and USV concerning issues with Uniswap.

Demex

Join the Biggest Cosmos Trading Competition on Demex

Grab Your 7 Day Free Trial

You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!

No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

Gravity Trading Is About to Drop: Coinbase's Latest Launch

Brace yourselves, crypto enthusiasts! Coinbase is set to unleash Gravity (G) trading on August 13, Eastern Time. If you’ve been feeling weightless in the crypto market, this might just pull you back down to earth—or send you flying to the moon. Whether it’s a new star in the trading universe or just another rock in space, only time will tell. But one thing’s for sure: the hype is real, and the countdown has begun. Get ready to strap in and see where Gravity takes you.

Trump’s Back on X: Same Old Tune, New Platform

In classic Trump fashion, his latest post on X (formerly known as Twitter, but who’s keeping track?) reads: "Make America Great Again." It’s like hearing your favorite old song on a new radio station—it’s familiar, catchy, and you already know all the words. Whether you’re singing along or reaching for the mute button, Trump’s got the social media game on lock. Love him or hate him, you’ve got to admit: the man knows how to keep his brand consistent.

Optimism's New Project: Making Layer 2 Blockchains Play Nice

Optimism is cooking up something special for Layer 2 blockchains: a native interoperable system. In simpler terms, they’re trying to get these blockchains to stop acting like moody teenagers and actually work together. If successful, this could mean faster transactions, lower fees, and fewer headaches for everyone involved. It’s like trying to organize a group project in college—except this time, everyone actually wants to pass. Let’s see if Optimism can bring the harmony we all need.

Newsletter Bitcoin

Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.

Flip a Coin: Fed's 50/50 Shot at Cutting Interest Rates

Place your bets, folks! There’s a 48% chance that the Federal Reserve will cut interest rates by 50 basis points in September. That’s basically the economic equivalent of flipping a coin and hoping it lands on “cheaper loans.” While the markets are biting their nails, you can sit back and enjoy the suspense. Will the Fed play it safe or roll the dice? Either way, the decision could have big ripple effects, so keep your eyes on the prize.

Russia’s New Rule: Register or Recoil

Attention all bloggers and Telegram channel owners in Russia: if you’ve got over 10,000 subscribers, you’re now required to register with Roskomnadzor. Think of it as joining an exclusive club—except instead of cool perks, you get to deal with government oversight. This new mandate is Russia’s latest attempt to keep tabs on online influencers, making sure no one gets too popular without official permission. So, if you’re on the cusp of going viral in Russia, it might be time to start filling out some paperwork.

Germany’s KfW Bank Goes Digital: Blockchain Bonds Are Here

Germany’s state-owned bank KfW is taking a leap into the future by launching digital bonds using blockchain technology. It’s like the old-school bond market got a shiny new upgrade. Imagine trading bonds as easily as you send Bitcoin—that’s the dream KfW is trying to make a reality. While some might be skeptical, others are already lining up to see what the fuss is about. Either way, this move is sure to shake up the financial scene in Deutschland.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

SEC vs. NovaTech: The $650 Million Crypto Fraud Showdown

The U.S. SEC is back in action, this time charging NovaTech and its principal with a whopping $650 million cryptocurrency fraud. It’s like watching a crime drama unfold—except instead of stolen jewels, it’s digital assets on the line. The SEC isn’t messing around, and NovaTech is about to find out the hard way. If you’ve ever wondered what happens when the crypto wild west meets the law, here’s your front-row seat to the drama.

Uniswap in the Spotlight: SEC Sends Letters to VC Giants

The US SEC is turning up the heat on Uniswap, sending letters to major venture capital firms like a16z and USV. It’s like getting a pop quiz from the toughest professor in school—you know it’s coming, but you’re still not ready. The SEC’s scrutiny could mean big changes for Uniswap and the DeFi space, so keep your eyes peeled. Will the VCs have the right answers, or is detention on the horizon?

Brazil’s Crypto Conundrum: What’s the Deal with Digital Assets?

Brazil’s Deputy Minister of Finance has admitted what we’ve all been thinking: there’s no clear understanding of why people are so obsessed with crypto assets. It’s like trying to figure out why everyone suddenly started baking sourdough during the pandemic—there’s definitely a reason, but it’s a bit of a mystery. As Brazil tries to get a grip on the crypto craze, the rest of us can only watch and wonder: what’s next for digital assets in the land of samba and sunshine?

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform