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BitMart CEO Calls Accusations Fabricated as Users Report Frozen Withdrawals
- BitMart CEO Sheldon Lee calls withdrawal accusations fabricated rumors on X.
- Users demand verifiable reserves and a repayment plan by August 19.
- Former staff say last month's salaries and compensation remain unpaid.
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The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans
- Micropayments died since the 1990s on cognition, not technology.
- x402 removes the human, not the friction, from the decision.
- Average x402 payment is 32 cents, not a fraction of a cent.
Vitalik Buterin Wants to Copy Bitcoin Design to Hyperscale Ethereum
- Vitalik Buterin says Bitcoiners deserve credit for Ethereum's proposed scaling strategy.
- Every Ethereum account stays in the network's memory forever, making nodes heavier to run.
- Copying Bitcoin's coin tracking would cut that storage load by roughly 99%.
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BASECAT Meme Coin Jumps 2,000%: Here’s What’s Driving the Rally
- A new meme coin BASECAT jumped more than 2,000% in the past 24 hours.
- The Base token now carries a $17.2 million market value on thin liquidity.
- Liquidity stands at $539,700 while BASECAT counts 10,200 holders.
Solana ETF Inflows Surge 70x to Best Week Since May, But There’s a Catch
- Solana ETFs pulled in $10.26 million last week, 70 times the prior week's total.
- Bitwise and Morgan Stanley funds produced almost the entire Solana ETF weekly inflow.
- Bitcoin ETFs shed $389.7 million over the same week as Solana funds gained.
Why Is The Crypto Market Up Today?
- Record global equity inflows lifted stocks, and the risk-on mood reached crypto
- Last week's $390M Bitcoin ETF outflow faded on Friday, and Monday opened green
- TOTAL must reclaim $2.18 trillion to open $2.22 trillion and beyond
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
Berkshire Piles $17 Billion More into Google: Why Is Michael Burry Worried?
- Berkshire Hathaway added $17 billion in Alphabet shares last quarter.
- Michael Burry says Greg Abel lacks Buffett's patience for big bets.
- Berkshire stock fell 3% despite its first buybacks in two years.
