Planet Noon News | August 6
2 hours ago

1. CZ requested the dismissal of FTX Trust’s $1.76 billion lawsuit, claiming the US court had no jurisdiction;

2. Cumberland and Abraxas_Capital have withdrawn over 46,000 ETH cumulatively;

3. BitBridge transforms into a Bitcoin reserve company and plans to launch Bitcoin-based loan products;

4. ABCDE founder Du Jun: Ethereum is expected to rise to $20,000;

5. The Ethereum Foundation announced an update on its expansion progress: the mainnet gas limit has been increased to 45 million, moving towards a higher expansion goal.

6. A whale deposited 1.25 billion PUMP tokens into Kraken, potentially resulting in a loss of nearly $1 million.

7. Arkham: ETFs recently sold BTC, while Bitcoin Treasury companies continued to increase their holdings;

8. Galaxy Digital unstaked 250,000 SOL and transferred them to Binance, valued at approximately $40.7 million.

9. Bitcoin spot ETFs saw a total net outflow of $196 million yesterday, marking the fourth consecutive day of net outflows.

10. Pendle launches the Boros platform, supporting on-chain funding rate trading and hedging.

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Planet Noon News | August 6
BitBridge Transforms into Bitcoin Reserve Company, Plans to Launch Bitcoin-Based Loan Products