Bitcoin is up slightly at $41,532
Ethereum is up .5% at $3,026
and Binance Coin is up slightly at $423

The Sandbox up 19%
Near Protocol, up 18%
Decentraland up 16%

Tx. Senator Ted Cruz buys Bitcoin in recent downturn

Disney seeks Business Development Manager with experience in NFTs

IMX slides as GameStop sells 15M tokens. ($42M)

Senator Pat Toomey cautions over digital Yuan

Nike sues StockX over NFTs

Links:

• DISNEY jobs
• IMX token tumbles as GameStop dumps $42 million from Immutable X grant
• Toomey to Yellen on Digital Yuan
• MetaBirkins Creator Says He Received a Cease & Desist from Hermès, Claims Fair Use - The Fashion Law
• Nike and Hermès File Lawsuits for Trademark Infringement as Fashion Collides With NFTs
• Sen. Ted Cruz discloses a bitcoin purchase worth up to $50,000

Bitcoin is up 1% at $43,296
Ethereum is up 1% at $3,319
and Binance Coin up 1% at $474

Fantom, up 20%
The Sandbox up 15%
Celo up 15%

Bitcoin’s bounce back to 43k has liquidated 82M of Short traders positions.

Senate Banking Committee hearing — with promises of Fed report on crypto 'within weeks', and soft alignment on digital dollar.

Legal defense fund for Bitcoin developers.

Links:

• Zack Voell on Twitter: "an email to the bitcoin dev mailing list from @jack explaining the Bitcoin Legal Defense Fund https://t.co/y1XY3XG0IR" / Twitter
• Bitcoin Liquidations-Bitcoin Liquidations Chart-Bitcoin liquidations live-bitmex rekt-Coinglass
• Powell says delayed Fed report on digital currencies will be released 'within weeks'

Bitcoin is down .5% at $49,299
Ethereum is down .5% at $4,213
and Binance Coin is down .5% at $573

Terra, up 27%
Gala up 20%
Polygon up 16%

BitMart was exploited for over $150M

SEC chairperson Gary Gensler coy in response to Senator Pat Toomey’s follow-up questions.

FTX CEO Sam Bankman-Fried is looking to raise a total of $1.5 billion for FTX.US.

Links:

• Crypto exchange BitMart confirms hack resulting in loss of $150 million in crypto
• Gensler hedges on classifying cryptocurrencies as securities in response to Senator's questions
• FTX to Seek $1.5B in New Funding Round at $32B Valuation: Report

Bitcoin is down 1% at $42,474
Ethereum is down 1% at $2,906
and Cardano is down 1.5% at $2.34

Harmony up 25%
Fantom up 22%
Tezos up 20%

Pat Toomey, senator in Pennsylvania called china’s crackdown on crypto "a big opportunity for the U.S".

Sparkpool, The world's largest Ethereum mining pool has said it will stop providing services to miners based in mainland China

FTX is preparing for a HQ move from long-standing Hong Kong to the Bahamas

FTX signed long-term sponsorship deals with the F1 team Mercedes-AMG Petronas.

Coach and GQ China are setting up to launch NFTs on Ethereum via ZK rollups.

Links:

• FTX signs sponsorship deal with top F1 team Mercedes-AMG Petronas
• Senator Pat Toomey on Twitter: "China’s authoritarian crackdown on crypto, including #Bitcoin, is a big opportunity for the U.S. It’s also a reminder of our huge structural advantage over China." / Twitter
• SBF on Twitter: "1) We're really excited to be setting up @FTX_Official's headquarters in The Bahamas! a) The Bahamas is one of the few places to set up a comprehensive framework for crypto; FTX is registered b) The Bahamas has emerged from COVID lively, safe, and without quarantine" / Twitter
• The world's largest Ethereum mining pool says it will no longer serve Chinese miners
• Coach and GQ China Arm to Launch NFTs on Ethereum — CoinDesk

Bitcoin is up slightly at $47,494
Ethereum is up 1% at $3,164
and Cardano is up 1.5% at 2.72

Arweave up 23%
Solana up 21%
Terra up 17%

Pat Toomey wants your ideas: submissions@banking.senate.gov.

India’s security watchdog is launching a DLT system for monitoring financial instruments

Coinbase is hiring Kate Rouch from Facebook for CMO.

Ether options daily trading volume have surpassed Bitcoin’s for the first time on Deribit.

Links:

• Toomey Requests Feedback on Clarifying Laws Around Cryptocurrency and Blockchain Technologies | United States Committee on Banking, Housing, and Urban Affairs
• Kate Rouch Joins Coinbase as Chief Marketing Officer | by Coinbase | Aug, 2021 | The Coinbase Blog
• SEBI | SEBI issues Circular on “Security and Covenant Monitoring using Distributed Ledger Technology”
• ETH options trading volume surpassed that of bitcoin's for the first time on Deribit