04 Sep 2023
August 2023 - Digital Assets Monthly Roundup
- Contagion spread across DeFi after Curve is hit with a $116m exploit that has cascading effects across the sector.
- Bitcoin and Ether prices collapse to quarterly lows due to continued hawkishness from the Fed and fragile market dynamics.
- Grayscale win court appeal against SEC on their spot ETF approval, momentarily pushing prices back up 8% before retracing as excitement wanes.