Multiple countries, including Indonesia and Brazil, are now exploring the creation of strategic Bitcoin reserves to strengthen economic resilience and modernize financial infrastructure. Summary Bitcoin Indonesia met with the Vice President’s office to present proposals outlining a Bitcoin reserve strategy.Brazil’s Congress will hold a public hearing on Aug. 20 to debate a bill allowing Bitcoin to be held in national reserves. Will Indonesia establish a strategic Bit

Jupiter has launched the private beta of Jupiter Lend, its long-awaited decentralized lending platform built on Solana. Summary Jupiter Lend private beta went live Aug. 6 with caps, limited assets, and safety-first rollout.Offers 95% LTV, near-zero liquidation penalties, and simple yield vaults.Public launch later in August with more features, vaults, and incentives. The rollout, announced Aug. 6, is available to users who joined the early access waitlist, with a fu

Changpeng “CZ” Zhao has asked a U.S. bankruptcy court to dismiss FTX’s $1.76 billion clawback lawsuit, claiming the court lacks jurisdiction over a foreign resident involved in offshore transactions. Summary CZ seeks dismissal of FTX’s $1.76B clawback suit, citing lack of U.S. jurisdiction.The disputed 2021 share deal involved offshore entities and foreign transfers.Motion claims U.S. bankruptcy law doesn’t apply; ruling is still pending. The request was filed on Au

Base, Coinbase’s Ethereum layer-2 blockchain, experienced a 33-minute network outage on Aug. 5 after a faulty sequencer transition halted block production. Summary Base’s block production paused for 33 minutes on August 5 due to a misconfigured sequencer.The outage was resolved manually, with infrastructure upgrades now underway.Other recent outages include Hyperliquid and TON, showing scalability scaling risks. A bug in Conductor, an OP (OP) Stack component that ove

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