🇺🇸 The FED hiked interest rates by 75bps as expected. Chairman Powell appeared “dovish” saying that there will be a point where the FED will slow hikes in order to assess their impact on the economy which bolstered confidence and renewed interest in risk assets.
💱 Paradigm saw large ETH call flies printing with a strike range of 2800 to 5500 on the Dec expiry. The 3000 call has almost double the open interest of any other ETH strike (~300k out of the ~360k OI in the Dec maturity) according to their trading team.
🥷 Attacker stole ~$1.1m after a successful governance attack on the Audius music platform while ~4.5m were taken from the Teddy Doge project in apparent rug pull.
💰 VC firm Variant has raised $450m to invest in web3 | Crypto Lender CKST announced it has successfully closed their seed funding round | Unstoppable Domains has raised $65m reaching the ‘unicorn’ status with a $1 valuation.
🚨 The US Treasury Department is investigating Crypto Exchange Kraken over the possible violation of sanctions allowing users in Iran to trade digital assets.
💻 Etherum: the Goerli/Prater testnet deployment should occur next week. It is the last step before the transition to the much anticipated PoS.
👑 Today in 1830, Liberals led by the Marquis de Lafayette seized Paris in opposition to the king’s restrictions on citizens’ rights.
📅 NBS manufacturing PMI in China (31-July), ISM manufacturing PMI in the US (01-Aug), ISM non-manufacturing PMI in the US (03-Aug) and BoE Interest Rate Decision (04-Aug).