CONTENT
On-chain: A new wallet received $1.48B in ETH from Kraken’s hot wallet, ownership remains unclear.
Fed: Governor Waller signals support for a 25 bps rate cut at September’s FOMC.
ETFs: 21Shares files with the SEC to launch a spot SEI ETF.
Legal: Former FTX law firm Fenwick & West moves to dismiss fraud-assistance allegations.
Stablecoins: Frax founder Sam to also serve as CTO of Stable, a blockchain backed by Tether’s investment.
WRITER’S INTRO

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