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FTX's portfolio liquidation is unlikely to shake the market significantly, as noted by Coinbase in their latest weekly report.
They cited multiple reasons supporting this claim.
1. Weekly Sell Limits: Initially, liquidations are capped at $50 million per week for digital assets. This limit will gradually increase to $100 million in subsequent weeks. Any permanent increase to a maximum limit of $200 million requires approval from two committees representing FTX debtors.
2. Insider-Affiliated Tokens: Stricter controls govern the sale of “insider-affiliated” tokens, necessitating a 10-day advance notice to the same committees.
3. Locked Holdings: A significant portion of FTX’s SOL holdings, along with some other tokens, are locked until approximately 2025 due to token vesting schedules, limiting their availability for sale.
4. Hedging Measures: FTX has the option to hedge its sales of BTC, ETH, and other debtor-identified assets through an investment advisor, contingent on prior committee approval. These precautions ensure a measured and controlled approach to asset liquidation. 
After the announcement that MakerDAO intends to roll out a new version of its platform on Solana, Anatoly Yakovenko suggested this shouldn't be viewed as a challenge to Ethereum. In his perspective, MakerDAO's move accentuates the merits of open-source solutions rather than the superiority of one blockchain over another, especially given Ethereum's pivotal role in research for numerous developers. "Ethereum is awesome. Solana wasn’t built in a vacuum, and tons and tons of things that make Solana special were built based on Ethereum’s r&d," commented the Solana co-founder. Meanwhile, Ethereum co-founder Vitalik Buterin has sold all his MKR tokens for 353 ETH. 
On August 30, Judge Katherine Polk Failla delivered a significant ruling on a case brought forth by Uniswap users who alleged they lost funds due to scam tokens on the platform. She stated that ETH and Bitcoin qualify as crypto commodities, a pivotal factor in her decision to close the Uniswap case.J udge was not persuaded by arguments suggesting Uniswap token sales were subject to the Exchange Act. Failla is also the judge overseeing the SEC’s case against Coinbase. 
After the market crash on August 18, analyst Andrew Kang adopted a bullish stance. He opened long positions on Bitcoin (BTC), Ethereum (ETH), and Arbitrum (ARB). However, this decision resulted in a significant loss.
Due to his use of extremely high leverage, which reached up to 100x, Kang's positions became vulnerable and were liquidated not once, but as many as fourteen times.
These successive liquidations caused Kang to lose approximately $432,000 in a single day. This incident highlights the risks associated with trading and employing high leverage, especially during periods of intense market volatility. 
MetaMask Portfolio now lets users cash out crypto to fiat currencies like USD, EUR, and GBP. Users can quickly convert crypto to fiat, sending it directly to preferred destinations like bank accounts or PayPal.
Instead of relying on one provider, MetaMask aggregates multiple vetted providers, presenting real-time conversion options.
Currently, this feature supports ETH on Ethereum Mainnet in the US, UK, and parts of Europe. Expansion plans include more regions and layer 2 network gas tokens. Hackers managed to drain 6000 ETH, 3.9 million USDT, 1.1 million USDC, and 900,000 DAI from the company's address.
Tongue-in-cheek, one might say Drake was responsible for the audit.
UPD: Hacken has disclosed that an initial cyber theft of $20.69 million was executed on the Ethereum network, which was followed by subsequent heist amounting to $25.6 million across the BSC and Polygon networks.
The project's team has not yet commented on the breach.
The only information available is a Telegram channel update, indicating technical maintenance for the withdrawal of ETH, USDT, and ERC20 tokens. 
In October 2022, a user purchased NFT BAYC #8585 for 777 ETH but recently sold it for 153 ETH, experiencing a loss of over 80% of the original value. This NFT is considered very unique due to the rare fur and gold crown features. The new owner, on the other hand, boasts of his new acquisition, though he already has a wide variety of NFTs in fifteen different collections. 
The Exactly Protocol has suffered a hacking attack. Running on the Optimism blockchain, this lending DeFi platform was targeted by malefactors who stole over 4300 ETH, totaling approximately $7.3 million.
Both BlockSec and Beosin security agencies have corroborated the theft. The hackers reportedly found and exploited a weak point in the platform's smart contracts, although the finer details are still under wraps.
UPD: The team at Exactly Protocol would declare a $700,000 reward for any leads on the hacker, should they not receive a response from the malefactor by the end of August 22nd.
"You can return the funds, minus a 10% fee to you, without worries about us coming after you," the Exactly team conveyed in their message.