Featured Author, Invest 101

Crypto market highlights 13 Aug

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Crypto Market Highlights

  • Euler Finance completed 29 audit reports for its “v2” relaunch, resolving all security issues; a $1.2 million post-audit bug bounty found no medium or higher severity issues.
  • Aleph Zero launched its Ethereum-compatible layer-2 solution on its mainnet, integrating with zero-knowledge privacy tools and using a Substrate-based WASM layer 1 as its Data Availability Layer.
  • Marathon Digital Holdings announced a $250 million offering of convertible senior notes due in 2031, with the possibility of selling an additional $37.5 million based on market conditions.
  • Institutional Investors ceased stablecoin accumulation over the past two days, leading to a drop in Bitcoin’s price below a key psychological level.
  • US Spot Ether ETFs: Recorded their first positive net inflows since launch, with $104.8 million in net inflows for the week starting Aug. 5.