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🗞 Catch up on the news over the last 24 hours!

⚡️ Ethereum co-founder Vitalik Buterin and developer Anders Elowsson introduced EIP-7999, a proposal to establish a unified multidimensional fee market.

🚨 A user lost $3.05M to phishing scam just 6 hours ago after signing malicious transaction, according to ScamSniffer.

🚨 OpenAI is considering for secondary share sale at $500B valuation for current and former employees, up from the previous $300B, per Bloomberg.

🇺🇸 ETF FLOWS: Around $196.2M of $BTC were sold and $73.3M of $ETH were bought on Aug. 5.

🇯🇵 Japan’s $214B SBI Holdings has filed to launch $BTC and $XRP ETFs.

🇨🇳 China warns eye-scanning crypto projects could threaten personal privacy and national security.

🇦🇪 Laser Digital secures Dubai’s first OTC crypto options license for institutions.

🇺🇸 Trump teams up with OpenAI to deploy ChatGPT in federal agencies for $1 each, Fox reports.

🔥 Marex becomes the first clearing firm to team up with JPMorgan, enabling 24/7 blockchain settlements.

🚨 Roman Storm was found guilty of running an unlicensed money transfer business.

🇨🇳 China tests stablecoins, raising concerns over capital outflows and U.S. dollar dominance.

🔥 Asset manager Parataxis Holdings to raise up to $640M for its Bitcoin Treasury Strategy through an SPAC merge with SilverBox Corp IV.

🇭🇰 Hong-Kong's asset manager Trivest Advisors disclosed owning over $90M of BlackRock's Bitcoin ETF shares.

Read more: ct.com

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