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Consensys announced it has acquired Wallet Guard, a security tool for protecting digital assets and data from theft, scams and fraud.
The acquisition aims to integrate Wallet Guard’s security features into MetaMask to improve user protection within Web3.
https://cointelegraph.com/news/consensys-acquires-wallet-guard-enhance-metamask-security
Symbiotic increased its restaking pools
https://app.symbiotic.fi/restake/
💧 Upcoming TGE in Q3 with Highest Social Performance
👉 https://dropstab.com/tab/upcoming-tge-in-q3-2024-2dlz5yhx0l
Blast has announced Phase 2 details
10 Billion BLAST has been allocated for Phase 2 rewards.
50% of Phase 2 rewards (5 Billion BLAST) are allocated to Blast Points.
50% of Phase 2 rewards (5 Billion BLAST) are allocated to Blast Gold.
Users can earn Blast Points based on ETH, WETH, USDB and BLAST (pending BLIP-2 Progress Council vote) balances.
To accelerate and reward users for the adoption of the Blast App, users that have installed the App will earn Golden Tickets based on their ETH, WETH, USDB and BLAST (pending BLIP-2 Progress Council vote) balances.
The Blast Foundation expects that 12 months will be required to accomplish that goal.
https://blog.blast.io/phase-2-users/
In the next months, FTX will distribute $16b in cash to its customers.
https://x.com/thedefinvestor/status/1808048763136589981
The theoretical launch date of the ETH-ETF is 15 July
https://x.com/NateGeraci/status/1808296291140600095
Bittensor reported that a certain number of Bittensor wallets are under attack
The team suspended the network for 24 hours.
https://discord.com/channels/1086368192521318472/1086369857135714304/1257827875948855356
Ethereum Foundation email hacked to promote Lido staking phishing scam
The foundation’s investigation led to the conclusion that no victims lost cryptocurrency from the attack.
https://cointelegraph.com/news/ethereum-foundation-email-hacked-fake-lido-staking-phishing-scam
The crypto market is down
BTC Dominance - 52.69%
Market Cap - $2.28T
BTC - $61,051.43 (-3.37%)
ETH - $3,361.99 (-2.84%)
BNB - $569.4 (-1.68%)
ZRO - $3.97 (+3.98%)
ZK - $0.1833 (+1.92%)
STRK - $0.636 (-0.98%)
WLD - $2.19 (-4.9%)
W - $0.364 (-2.79%)
https://dropstab.com
Sentient, an open-source artificial intelligence development platform with Polygon co-founder Sandeep Nailwal as one of its core contributors, has raised $85 million in a seed funding round.
Peter Thiel's Founders Fund, Pantera Capital and Framework Ventures co-led the round.
Other investors in the round included Ethereal Ventures, Robot Ventures, Symbolic Capital, Delphi Ventures, Hack VC, Arrington Capital, HashKey Capital, Canonical Crypto and Foresight Ventures.
https://www.theblock.co/post/302983/peter-thiel-founders-fund-sentient-funding-ai-polygon
Crypto-friendly Evolve Bank and Trust has admitted that it has known about ‘unauthorized activity’ — specifically the theft of 33 terabytes of user data — for the past month despite only notifying end users about the breach last week.
The data leak, which has been attributed to Russia-based ransomware group Lockbit, reportedly includes personal details belonging to Bitfinex users.
https://protos.com/evolve-bank-leak-has-personal-data-of-bitfinex-copper-banking-nomad-users/
💧 Top 10 Point Farming Protocols by TVL Growth Last Week
👉 https://dropstab.com/tab/tvl-gainers-point-farming-f9rxr8owe8
Pendle TVL fell 40% in 2 days (from $6.2bn to $3.7bn)
https://defillama.com/protocol/pendle#information
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation, the parent company behind a crypto-friendly bank that allegedly helped facilitate fraud at defunct exchange FTX.
The SEC said Silvergate had agreed to pay a $50 million civil penalty “without admitting or denying the allegations”.
https://cointelegraph.com/news/sec-silvergate-bank-ftx-lawsuit-securities-fraud
U.S. Marshals Service chooses Coinbase to safeguard, trade its large cap digital assets portfolio
https://www.coinbase.com/en-gb/blog/u-s-marshals-service-chooses-coinbase-to-safeguard-trade-its-large-cap
The correction continues.
BTC: $60.4K, ETH $3.3K.
https://dropstab.com/
SlowMist has introduced 2024 Q2 MistTrack Stolen Funds Analysis
In Q2 2024, the MistTrack Team received a total of 467 stolen fund reports. The team assisted 18 victims in freezing approximately $20.66 million in funds across 13 platforms.
The most common causes of theft in Q2 2024 are as follows:
1. Private Key Leaks
2. Phishing
3. Fraud
https://slowmist.medium.com/slowmist-2024-q2-misttrack-stolen-funds-analysis-a95a893cf125
Animoca Brands will become a market maker and validator for Gala Games
https://x.com/GoGalaGames/status/1808345169571516580
UAE Real Estate Giant MAG Partners with MANTRA to Tokenize $500 Million in Real Estate Assets
- MANTRA and MAG will collaborate to democratize access to luxury UAE real estate using secure, yield-bearing vault products backed by MANTRA’s L1 technology
- MAG has delivered over $5 billion in real estate assets
- Launch of an over-collateralized vault backed by a $75 million mansion at the Ritz-Carlton Residences by Keturah Reserve
- Already partnered with Zand Bank, UAE’s regulated bank to work on tokenization together
https://x.com/MANTRA_Chain/status/1808404434877403196
https://www.coindesk.com/business/2024/07/03/mantra-to-tokenize-500m-real-estate-assets-for-uae-builder-mag-group/
Arthur Hayes has introduced a new article “Zoom Out”.
https://cryptohayes.substack.com/p/zoom-out
Vitalik Buterin: Prediction markets and Community Notes are becoming the two flagship social epistemic technologies of the 2020s.
Elon Musk also agreed with Vitalik.
https://x.com/elonmusk/status/1808169246783840507
S&P 500 ends above 5,500 level for the first time in history
https://www.tradingview.com/symbols/SPX/
Arkham: “This article was written in February, when Sun held ~$1.4B in his public wallets. He now holds ~$1B.”
https://x.com/ArkhamIntel/status/1808177011199758354
Clearpool has launched on Base — enabling institutional access to onchain credit.
Portofino Technologies has pioneered the inaugural Credit Vault on Base.
https://x.com/ClearpoolFin/status/1808127764589076762
💧 Top 5 Currently Live Incentivized Testnets
👉 https://dropstab.com/tab/incentivized-testnets-6hieidff0b
Co-founder of Manta Network: As the founder of the previous largest (non-DOT) TVL and market cap/FDV project in the Polkadot ecosystem, I have to say that we do not want to engage with the Polkadot ecosystem and team at all. It is a highly toxic ecosystem that lacks any real value for web3, and it does not focus on users or adoption at all. We are simply too busy to disclose the many facts about the discrimination we have faced as Asian founders in this ecosystem (which is a sentiment shared by all Asian founders).
https://x.com/victorJi15/status/1808074873589424493
Bitcoin ETFs have net inflows for 5 days
https://sosovalue.com/assets/etf/us-btc-spot
A GameStop investor who sued Keith ‘Roaring Kitty’ Gill over alleged securities fraud has dropped his lawsuit just three days after filing it.
https://cointelegraph.com/news/roaring-kitty-fraud-lawsuit-gamestop-investor-dropped-three-days
Circle became the first global stablecoin issuer to secure an Electronic Money Institution (EMI) license, a prerequisite to offering dollar- and euro-pegged crypto tokens in the European Union (EU) under the Markets in Crypto Assets (MiCA) regulatory framework.
https://www.coindesk.com/business/2024/07/01/stablecoin-issuer-circle-snags-mica-compliant-emi-license-for-europe/
Grayscale introduced Grayscale Research Top 20 for Q3 2024
https://www.grayscale.com/research/market-commentary/grayscale-research-insights-crypto-sectors-in-q3-2024