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Core Scientific debtors petition bankruptcy court to approve new president

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The debtors appointed Adam Sullivan, a managing director at investment banking firm XMS Capital Partners, to assume the role of president amid the firm’s bankruptcy proceedings.

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Coin Market

Ethereum Foundation names 2 ‘must ship’ EIPs for Hegotá upgrade

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Ethereum’s Hegotá upgrade will center on FOCIL and Frame Transactions as developers weigh dozens of other proposed changes for inclusion.

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Joe Biden’s son to launch memecoin, will send to TRUMP holders: WSJ

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Hunter Biden will reportedly distribute 200 million of the LAPTOP token to his substack subscribers, members of a mailing list and investors in President Donald Trump’s memecoin.

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Coin Market

Bitcoin fund flows show investors trading Fed rate path, not exiting market: CoinShares

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Bitcoin’s struggle to break $80,000 comes as markets price in a growing chance of a September rate hike, putting monetary conditions back in focus.

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