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Latest from Nelson Wang
Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say
State regulators say Abra held tens of millions of dollars' worth of assets on now bankrupt platforms.

Crypto Trading Volumes Drop in Q2 to Yearly Lows
Bitcoin, the world’s largest cryptocurrency, lost the most market share of trading volume in the second quarter of this year.

Wallet Linked to Curve Founder Repays $1.3M to Aave Amid CRV Token Decline
Lending protocol Aave DAO has already been recommended to “freeze” millions worth of CRV tokens.

DeFi Platform EigenLayer Rolls Out Restaking Protocol on Ethereum Mainnet
EigenLayer's developers raised $64.5 million in a series of investment rounds.

U.S. Judge Rebuffs SEC Request for Binance.US Asset Freeze for Now
The federal judge ordered the Securities and Exchange Commission and Binance lawyers to keep negotiating about limits on the company, reporting back to her by Thursday.

U.S. Treasury Examining How Using Digital Dollars Could Be Kept Private
As the Treasury Department studies a possible central bank digital currency, senior official Graham Steele says the effort is looking at privacy, but is also wary of CBDC run risks.

Bitcoin Miners Transfer $174M Worth of Coins to Exchanges in Two Weeks
The 14-day average of miner transfers to exchanges has increased sharply to 489.26 BTC, the highest since March 2021, according to Glassnode.

Polygon Takes Wraps Off Version 2.0
The protocol calls its latest version “the value layer of the Internet.”

Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive
Only the miners with the lowest energy costs and most efficient equipment will survive the once-every-four-years event.

Coinbase Shares Drop 10% Following SEC’s Suit Against Binance
Bitcoin (BTC) dropped below the $26,000 mark, while the shares of bitcoin mining stocks fell as well.
