CoinDesk 20 Performance Update: UNI Gains 6.3% as Nearly All Index Constituents Trade Higher Bitcoin Cash was also among the top performers, gaining 2.9% since Wednesday.

Kraken Picks Optimism for New Layer-2 Network, Joining Coinbase’s Base on ‘Superchain’ The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023.

Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.

FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus The firing of the firm’s co-founder and its CFO in July triggered a wave of departures.

Government Lawyers Defend Nishad Singh Saying He Provided ‘Substantial Assistance’ in FTX Investigation Prosecutors in the case against former FTX executive Nishad Singh have asked the sentencing judge to take into account the “substantial assistance” and “exemplary cooperation” Singh provided to the government in its investigations into FTX when considering his sentence.

Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022.

Bitcoin Retakes $67K, Dollar Index Rally Stalls as Beige Book Supports Fed Rate Cuts The rally in the DXY stalled after the Beige Book report, paving the way for BTC recovery

Institution Takes $25M Hedge Bet on Derive’s Bitcoin Options Market as U.S. Election Looms The institution set up a multi-legged strategy in Derive’s onchain options market, generating $25 million in volume.

Number of Bitcoin Whales Jumps to Highest Since January 2021 Whale Entities are clusters of crypto wallet addresses held by a single network participant holding least 1,000 BTC.

Citibank Debanked Ripple’s Brad Garlinghouse Due to Crypto, Exec Says The chief of Ripple, Brad Garlinghouse, recounted his own brush with the U.S. government’s pressure on banks to be wary of digital assets, saying Citi dumped him.

Trump Polymarket Odds Briefly Dip After His No. 2 Bull Adds Bet on Harris The former president’s probability of retaking the White House slid to 59% Wednesday before rebounding.

Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff Cryptocurrencies weren’t spared as stocks, bonds, gold and oil all declined on Wednesday.

Crypto Traders Apparently Spam Truth Terminal into Pumping Coin Associated with Brian Armstrong’s Dog

The Protocol: Justin Sun, Bitcoin Mempool Sniping, XRP for Harris, Inspirational Women This week’s issue could not be more chock-full of blockchain content. We clarify Tron founder Justin Sun’s role in the WBTC project, bring you excerpts from the new crypto book “Lessons Learned” and highlight inspirational women of Web3 and AI. PLUS a photo from the stage at Cosmoverse.

Protocol Village: Domain Network D3 Global Partners With Identity Digital to Tokenize Domains

Scroll’s Token Declines 32% as Whales Scoop Up Airdrop After more than a year of hype and expectation, layer-2 network Scroll’s governance token launch is beginning to fall short of expectations after being plagued by token allocation issues.

Tokenized Treasuries: A Game-Changer for Collateral in Crypto Markets Tokenizing U.S. Treasuries and using them as collateral in crypto markets presents a significant opportunity to merge the best aspects of traditional finance with the innovation of DeFi, says Carlos Domingo.

How a Small Crypto Investment Can Improve Your Portfolio A well-balanced portfolio that includes cryptocurrencies like bitcoin or ether has the potential to offer superior returns and a higher Sharpe ratio compared to traditional portfolios made up solely of equities, bonds, or other assets, says Timothy Burgess.

The Fed Is the Wrong Regulator for Stablecoins The U.S. central bank would be conflicted, because stablecoins compete with the Fed’s payments infrastructure and with potential CBDCs.

Peter Todd, Bitcoin Developer Named as Satoshi Nakamoto in HBO Documentary, Goes Into Hiding Core developer Peter Todd was revealed as Nakamoto in the documentary shot by Cullen Hoback. Todd, however, denied being Nakamoto in a previous email to CoinDesk.