🔥🚀 Bitcoin Crashes, Coinbase's $25M Scandal & Brevis' ZK Breakthrough: Crypto's Wild Ride

NEWS
📉 Bitcoin Plummets: Major Market Selloff and Recession Fears

Bitcoin hit its lowest price since February, with the market seeing over 20% declines in a major selloff. This reaction stems from Jump Crypto's massive asset liquidation, rising chances of a Kamala Harris presidency, a sharp decline in Japan's stock market, and recession fears. ETHE investors are also selling their positions in the Grayscale trust.
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NEWS
⚠️ Coinbase Accused of Breaking Campaign Finance Laws in $25M Donation

Public Citizen and Molly White have filed a complaint with the Federal Elections Committee (FEC) alleging that Coinbase violated campaign finance laws. They claim Coinbase donated $25 million to the pro-crypto Fairshake Super PAC while negotiating government contracts with the DOJ. The complaint argues that Coinbase, working with the US Marshal Service, is breaching "pay-to-play" laws.
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NEWS
🔐 Brevis Unveiled: ZK Coprocessor for Enhanced Smart Contracts and Proofs

Brevis is a ZK coprocessor secured by EigenLayer, enabling smart contracts to access historic on-chain data. It supports features such as intent-based liquidity management, loyalty trading programs, and account reputation for dapps. With its decentralized prover network and Brevis coChain, Brevis ensures efficient and trust-minimized ZK-proof validation.
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