Daily Crypto News for August 7, 2024

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Today's topics:
-SEC criticizes Coinbase subpoena
-Coinbase's legal battle with SEC
-Arbitrum's STIP program results
-Initia's acquisition announcement
-BOJ rate hike impacts Ethereum
-Bitcoin's delayed 'gilded years'
-Ronin Network's ETH return update
-Starknet Foundation leadership change

-https://decrypt.co/243280/sec-coinbases-subpoena-millions-of-documents-waste-of-time?utm_source=tldrcrypto)The
-https://threadreaderapp.com/thread/1820523746396184614.html?utm_source=tldrcrypto)Arbitrum's
-https://threadreaderapp.com/thread/1820866934659018905.html?utm_source=tldrcrypto)Initia
-https://threadreaderapp.com/thread/1820283967049965909.html?utm_source=tldrcrypto)A
-https://www.bloomberg.com/news/newsletters/2024-08-06/bitcoin-s-digital-gilded-years-are-a-way-off-yet?&utm_source=tldrcrypto)The
-https://threadreaderapp.com/thread/1820846361945792751.html?utm_source=tldrcrypto)The
-https://www.theblock.co/post/309786/starknet-foundation-ceo-diego-oliva-steps-down?utm_source=tldrcrypto)Starknet