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Hodler's Digest: Sam Bankman-Fried's Incarceration, Tornado Cash's Turmoil, and a $3B BTC Whale - Aug. 20-26

Hodler’s Digest: Sam Bankman-Fried’s Incarceration, Tornado Cash’s Turmoil, and a $3B BTC Whale – Aug. 20-26

– Co-founders of crypto mixer Tornado Cash charged with money laundering and sanctions violations by U.S. officials.

– FTX founder Sam Bankman-Fried facing difficulties in prison, living on limited resources.

– Mysterious Bitcoin wallet that accrued $3 billion in three months identified as Robinhood: Jump Trading Custody.

– Parent company of Prime Trust reports losing $8 million in TerraUSD investments.

– Pepe whale takes advantage of dip in price, buys $529,000 worth of tokens.

– Bitcoin is at $26,040, Ether at $1,653, and XRP at $0.52 at the end of the week.

– Top altcoin gainers of the week include Bone ShibaSwap, Sui, and Toncoin.

– Top altcoin losers of the week include Pepe, XDC Network, and ApeCoin.

– Memorable quotations from Pantera Capital, Jensen Huang, Mike Kanovitz, John Deaton, Neal Mohan, and Aydin Kilic.

– Prediction of the week: Bitcoin needs to reclaim the 20-week exponential moving average to regain its bullish status.

– Chinese official sentenced to life in prison for Bitcoin mining and corruption.

– FBI flags six Bitcoin wallets linked to North Korea’s Lazarus Group.

– Former OpenSea manager sentenced to three months in prison for insider trading.

– Discussion on the potential of Ordinals and recursive inscriptions to enhance the Bitcoin network.

– Highlights from AI Eye, including the importance of being nice to ChatGPT for better results.

– NFT Collector features Giant Swan’s VR dreamscapes and the race to the bottom for NFT royalties on OpenSea.

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