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Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K

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ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 COIN shares for $5.4 million.

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Coin Market

Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg

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Strike will remain a standalone company after the proposed three-way merger was scrapped, while Twenty One Capital and Elektron continue discussions, Bloomberg reported.

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Coin Market

Morpho launches fixed-rate lending protocol on Base

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Morpho Midnight introduces fixed rates and defined maturities alongside Morpho Blue’s variable-rate lending markets.

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Coin Market

Robinhood-backed DEX Arcus expands with tokenized assets, perps

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Arcus, built by the dYdX team, adds tokenized stocks and perpetual futures on Robinhood Chain as platforms compete to bring traditional assets onchain.

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