Last week we reported on the “insider trading” Court Case lowered upon a former Coinbase employee and some of his family and friends. The important part of this case are the 9 tokens now believed to be securities. On August 3 a few days after Solana community members reported yet another hack, Slope.Finance has been named the reason for the breach. The “official statement” gives no reason for the “draining of community members wallets” only that they are working on finding out why the breach happened. The original “FORK” of the 2nd biggest Crypto in the world has gone up by more than 174% in the last month. On the heals of one of the biggest stories in crypto in 2022, Ethereum’s move from POW to POS (Proof of Work vs Proof of Stake) means new life for ETC which will remain a POW coin. As reported on in Coinbase’s Medium Post on Aug 4th. BlackRock is the largest investment management firm in the world to the tune of over 10 Trillion in assets. They are the biggest player in the world doing what they do and they influence all markets. The two companies (Aladdin and Coinbase Prime) will focus on delivering products and access to big institutional investors. Michael Saylor the BTC evangelist and creator of the firm MicroStrategy is stepping away from his CEO duties after 33 years at the helm.

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