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Daily Crypto News

Aug 7: Elon Musk's Robs Handles, Bitcoin Trends, 8% Stablecoin APY

15 min • 7 augusti 2023

Huobi's stablecoin reserves decline amidst reports of executive arrests, the fusion of fashion and crypto in Copenhagen Fashion Week's Drest game, and the soaring stablecoin deposits in MakerDAO. Additionally, get insights into the closure of nearly 100 crypto funds this year, legal battles involving crypto lender Celsius, and the hopeful return of assets in the aftermath of the Curve hack. Tune in for a comprehensive update on the latest crypto trends and developments!


#CryptoNews #ElonMusk #Bitcoin #Stablecoins #Ethereum #CryptoTrends #Cryptocurrency #SEC #FashionWeek #CryptoFunds #CurveHack

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News Links 👇

https://decrypt.co/151461/elon-musk-twitter-x-crypto-token-denial


https://decrypt.co/151561/long-term-bitcoin-holder-metric-hits-new-all-time-high


https://www.theblock.co/post/243310/tether-bitcoin-11th-largest-holder


https://www.theblock.co/post/243213/bitcoin-stays-stagnant-ahead-of-pending-sec-spot-etf-decisions


https://www.theblock.co/post/243514/ethereum-mystery-burn


https://www.coindesk.com/markets/2023/08/07/huobis-stablecoin-reserves-down-30-amid-reports-of-executive-arrests/


https://decrypt.co/151520/copenhagen-fashion-week-drest-game


https://decrypt.co/151557/stablecoin-deposits-maker-soar-dai-interest-rates-hit-8


https://www.theblock.co/post/243303/almost-100-crypto-funds-have-closed-this-year-report


https://www.reuters.com/legal/founder-bankrupt-crypto-lender-celsius-must-face-ny-fraud-lawsuit-2023-08-04/


https://www.coindesk.com/markets/2023/08/04/looter-behind-61m-curve-hack-starts-returning-assets-raising-hope-for-recovery/


https://www.theblock.co/post/243513/lido-july-2023-tvl-adoption


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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! 


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