Blog Post

RSS3 Weekly Update August 8 - August 16 Y23CW30

☀️ Good Morning!
Crypto exchange Binance late on Monday filed for a protective court order against the U.S. Securities and Exchange Commission, saying the regulator's requests for information were "over broad" and "unduly burdensome."

BAM Trading, Binance U.S.' operating company, and BAM Management in a court filing in the US District Court of Columbia said the group had already provided sufficient information to the regulator.

🔥 Weekly Digests

  • US judge sends FTX’s SBF to jail over witness tampering (CNBC)
  • FTX founder SBF was charged with using over $100M in stolen customer funds to make campaign donations ahead of the 2022 midterm elections. SBF is heading to a Brooklyn jail notorious for its poor conditions (RT)
  • Bankrupt crypto lender Celsius Network won court approval to poll users on its proposal to restart as a user-owned company and redistribute ~$2B worth of Ethereum and Bitcoin (BBG)

🤖 Product Announcements + Reminders

  • Did you use the RSS3 ChatGPT Web3 Activity plugin yet? Learn more about it here.

📚 Some Numbers

$RSS3 Statistics (as of August 16 2023)

Market Cap$ 46.2M
24h Volume / Market Cap ratio0.039
7d Low / 7d High$0.1052 /$0.1081

Market DeFi Index

Crypto prices were down slightly at -3.41%. The market's Fear & Greed Index is at a 47, showing neutrality in prices in Q2.

🧐 Bitcoin (BTC) and Ethereum (ETH) were down -5.58% and -6.41%, respectively, in the past seven days. There has been a general dip in the crypto market

Source: Research

RSS3 Network Metrics (as of August 16, 2023)

Total API Calls267.2M
Total Open Web Activities488.9M
Last 7-Days Active Personas31.9K

🎉 Product Update

  • RSS3 officially supports Base 🟡 We're proud to be supporting one of the largest Ethereum L2s, incubated by Coinbase. Read the full announcement here.

🧚‍♀️ Marketing Update

  • RSS3 is officially listed on Bithumb! We're excited to be included in one of the top digital asset platforms in Korea 🇰🇷 More information listing and airdrp event can be found here 📈

Stay tuned for more updates and keep the good vibes flowing!

📭 Til next week!

RSS3 Team

💡 RSS3 is an information dissemination protocol designed to achieve free, efficient, and secure information flow on the Open Web. We bridge Web3 to AI, search, social media, and beyond.

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#Weekly Update