The Daily Flight🦉

• Markets Extend Pullback As Bitcoin Drops Under $113K

  Stocks & crypto both see downward corrections as prices fall from recent highs

• Average Home Prices In The U.S. Continue To Skyrocket

  The average income required to buy a median-priced home is now $114K/year

• China’s Stock Market Jumps To New Local Highs

  The Shanghai Composite Index has now hit it’s highest price in over a decade

• U.S. Congress Calls To Remove Property Taxes

  Congresswoman Marjorie Taylor Greene is now looking to end property taxes

• Wyoming Becomes First U.S. State To Launch A Stablecoin

  The Frontier Stable Token (FRNT) is now live on seven different blockchains

• Senior White House Official Joins Tether

  Former Director of Digital Assets, Bo Hines, joins Tether as a strategic advisor

• Nakamoto Announces $679M Purchase of Bitcoin

  The latest Bitcoin treasury has bought 5,744 BTC after finalizing recent merger

• Chamath Palihapitiya Launches New $250M SPAC

  American Exceptionalism will invest in DeFi, energy production, AI, & defense

• SharpLink Gaming Adds $667M ETH To Treasury

  SBET recently bought another 143K ETH to bring their total holdings over $3B

• Bullish Receives $1.15B of IPO Proceeds Through Stablecoins

  Bullish show $1.15B of IPO funding came from stablecoins, with most on Solana

• Solana Passes Test of 100K Transactions Per Second

  Solana sees 25x normal speed after a recent test on mainnet to improve TPS

• Illinois Governor Passes New Bills on Crypto Oversight

  Two new bills have been signed by JB Pritzker amid response to “crypto bros”

• OpenSea Adds New Feature For Buying NFTs

  OpenSea users can now purchase NFTs on Ethereum while paying in Solana

• SoFi Partners With Lightspark For International Bitcoin Payments

  SoFi will now use Bitcoin as a way for users to send money directly from the app

• SkyBridge Capital Looks To Tokenize $300M on Avalanche

  Anthony Scaramucci & SkyBridge will now tokenize fund assets to put on AVAX

• Aura Brings Leverage Trading To U.S. Treasuries

  The platform will offer up to 100x leverage on different duration treasury bonds

• Google Becomes Top Shareholder in TeraWulf Bitcoin Miner

  Google leans further into crypto as they acquire 14% in TeraWulf BTC Miner

• Pump Fun Regains Marketshare With Highest Revenue in Six Months

  Pump fun’s weekly revenue climbed to $13.48M after rebound in market share

• Robinhood Announces Spot Listing For SUI

  Robinhood reveals latest crypto listing as $SUI is now available for trading

• SEC Invites Early-Stage Crypto Project To Chicago

  Hester Pierce says projects can meet the SEC in Chicago on September 15th

• Monad Celebrates Top Crypto Accounts on X

  Roughly 5K accounts on X are now eligible to claim their very own Monad Card

• CyberKongz Introduce $KONG Token

  CyberKongz replace $BANANA with $KONG as their new token on Ethereum

• Pudgy Penguins Reveal New Licensing Opportunity

  Holders can submit applications to be featured on Swiss luxury brand, PURU

⬇️ Help us stay ad-free & share below! ⬇️