Aug 17: Shibarium Mainnet Glitch, SEI Tanks w/ Airdrop, Crypto Laundering Bust
Shib developers deploy Layer 2 Shibarium on the Ethereum mainnet, aiming to enhance scalability. Over $1.7 million worth of Ethereum is trapped in the Shibarium Layer 2 network. SEI price drops by 31% as users begin claiming the airdrop. Singapore authorities bust a $735 million alleged money laundering case involving cryptocurrencies. Bitcoin and Ethereum exhibit lower volatility than oil, according to Kaiko research. Aave's stablecoin GHO trades below its intended dollar peg, raising questions about its stability. Bitcoin hits an all-time high in Argentina following Javier Milei's…
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