Nearly half of all corporate political contributions in the 2024 election cycle came from cryptocurrency companies
Public Citizen’s report, which was based on data provided by government transparency group OpenSecrets, found that, so far, 48% of corporate election spending has come from crypto companies like Ripple and Coinbase. That’s $119 million out of a total of $248 million.
https://www.coindesk.com/policy/2024/08/21/nearly-half-of-all-corporate-election-spending-in-2024-cycle-comes-from-crypto-companies-study-finds/
The crypto market is neutral
BTC Dominance - 55.48%
Market Cap - $2.15T
BTC - $60,530.73 (+2.22%)
ETH - $2,614.79 (+0.95%)
BNB - $569.6 (+1.22%)
SOL - $141.67 (-0.49%)
XRP - $0.5981 (+0.41%)
TON - $6.59 (-0.41%)
ZRO - $3.54 (+5.14%)
https://dropstab.com
MtGox has already made repayments in Bitcoin and Bitcoin Cash to over 19,000 out of 24,000 creditors.
https://www.mtgox.com/img/pdf/20240821_e8dbec0c-1fd8-42b5-b0d9-0b98ab42587c_announcement_en.pdf
SunPump has formed an Ecosystem Partnership with DWF Labs.
https://x.com/sunpumpmeme/status/1826229380512944197
Kresko has announced the shutdown
▫️ Withdraw or Migrate Assets by September 10, 2024
▫️ krAssets and KISS: Convert to non-Kresko assets such as USDC, ETH, etc
▫️Migrate your assets to Kopio: Retain your KREDITS in the new protocol.
▫️ Discord Support Available Until: September 20, 2024 (Friday)
▫️Withdrawals After September 20, 2024: Using Kopio frontend
https://x.com/kreskoxyz/status/1826184093786055156
Xterio, a web3 game developer and publisher, has announced Xter TGE, points Dashboard, and NFT collections rewards
In the coming weeks, it’ll roll out its Points Dashboard, where you can track all Xterio Ecosystem Points earned across events like Meet your Anima, Arena, Forge, and more.
https://x.com/XterioGames/status/1825936463923753453
A whale lost 55.47M DAI in a phishing attack
The whale carelessly signed an unknown transaction 13 hours ago, setting the owner of his 55.47M DAI in Maker to the phishing address"0x0000db5c...41e70000".
When he later tried to withdraw 55.47M DAI, the transaction failed due to the owner change.
The phishing attacker set the owner to a newly created address"0x5D4b" and withdrew the 54.47M DAI.
The attacker has exchanged 27.5M DAI for 10,625 ETH currently.
https://x.com/lookonchain/status/1826161475049894198
Second Solana ETF Approved in Brazil
The product will be launched by Brazil-based asset manager Hashdex in partnership with local investment bank BTG Pactual.
https://www.coindesk.com/business/2024/08/20/second-solana-etf-approved-in-brazil/
Tether minted $1 billion USDT on the Ethereum network
https://whale-alert.io/transaction/ethereum/0xc0b134704edb80cfea822f8c6c47e2424fb7e8635a6f25e25c252646c1fecbfc
Binance has announced the 57th project on Binance Launchpool — Dogs (DOGS).
Users will be able to stake their BNB and FDUSD into separate pools to farm DOGS tokens over three days, with farming starting from 2024-08-23 00:00 UTC.
Binance will then list DOGS at 2024-08-26 12:00 UTC and open trading with DOGS/USDT, DOGS/BNB, DOGS/FDUSD and DOGS/TRY trading pairs.
https://www.binance.com/en/support/articles/fc967d5825774984829b96943a42fadf
Tether minted $1 billion USDT on the Tron network
https://tronscan.org/#/transaction/178456f93bb073218320112d2e6b4601f85a6e1617cf117c40633f722c16daf5
All the forced selling of Bitcoin is behind us. Bitcoin really hits its stride here, so we're buyers, says VanEck's Head of Digital Assets.
https://x.com/BTC_Archive/status/1825655718764003464
Spot ETF Flow on 19.08: BTC-ETF +$61.98M, ETH-ETF -$13.52M
https://sosovalue.com/assets/etf/us-btc-spot
SEC talks with ETF issuers over concerns of Solana being a security preceded Cboe removing
https://www.theblock.co/post/311937/sec-talks-etf-issuers-concerns-solana-security-source
Vice President Kamala Harris will back measures to help grow digital assets, a policy adviser to her campaign said, highlighting efforts to court an emerging cryptocurrency industry expanding its political influence.
https://www.bloomberg.com/news/articles/2024-08-21/harris-supports-policies-to-expand-crypto-industry-aide-says
Injective has introduced some chain stats “Average Block Time Amongst Layer 1s”
Recent performance upgrades have slashed block times down to just 0.65 seconds on average.
https://x.com/injective/status/1826272946769539160
Vitalik Buterin: “I have been told that I need to "do less philosophizing and do more ethereum bullposting". Hence, here is an ethereum bullpost, courtesy of stable diffusion 3 inpainting + gimp.”
https://x.com/VitalikButerin/status/1826253901240431083
Tether announced plans for the addition of a new stablecoin that is pegged to the United Arab Emirates Dirham (AED).
Set to be launched in collaboration with UAE’s multi-billion dollar tech conglomerate, Phoenix Group PLC, and with support from Green Acorn Investments Ltd.
https://x.com/Tether_to/status/1826207852781830373
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Topaz, the blockchain explorer for Aptos, will cease operations.
https://x.com/TopazMarket/status/1826068121310093725
CZ and Binance face new lawsuit for alleged laundering of stolen crypto
In an Aug. 16 class action complaint filed in the U.S. District Court for the Western District of Washington, Seattle, the plaintiffs allege their crypto was stolen, and those funds were sent to Binance by the thieves to “remove the connection between the ledger and their digital assets,” making them untraceable.
https://cointelegraph.com/news/binance-cz-face-new-class-action-lawsuit-seattle
Mt Gox has moved 784M of BTC to a new address
https://platform.arkhamintelligence.com/explorer/tx/20548196d6169a8d9999a83ba42b5a749f2d80d23a536888f2017c26a3ee9aa4
The crypto market correction
BTC Dominance - 55.25%
Market Cap - $2.12T
BTC - $59,268.54 (-2.34%)
ETH - $2,588.55 (-2.78%)
BNB - $563.3 (-0.86%)
SOL - $142.41 (-2.14%)
XRP - $0.5968 (-1.84%)
ZRO - $3.37 (-3.07%)
TON - $6.63 (-2.9%)
https://dropstab.com
Clearpool has unveiled Ozean — the first blockchain for RWA yield built on and supported by Optimism
CPOOL will power the Ozean ecosystem with a new staking mechanism to reward stakers.
https://x.com/ClearpoolFin/status/1825880491196821806
Grass: „As we gear up for the airdrop, please make sure you have linked your preferred wallet to your Grass account. After August 23rd, you won’t be able to change your linked wallet until after the airdrop. If you haven’t linked your wallet yet, you will still be able to do so!“
https://x.com/getgrass_io/status/1825620962789789918
Babylon Bitcoin Staking Mainnet Launch
▫️It plans to launch the first phase of its main network on Aug. 22, at ~12:45 UTC.
▫️During Phase-1, every stake is set with a maximum staking time (i.e., the time-lock in the Bitcoin staking script) of 64,000 Bitcoin blocks , which is approximately 15 months.
▫️There will be an on-chain unbonding period of 1008 Bitcoin blocks (roughly 7 days and defined in the unbonding Bitcoin script), after which the stake will expire and become available for withdrawal.
▫️FCFS
▫️There will be an initial total staking cap of 1,000 bitcoins
▫️Minimum stake: 0.005 bitcoins
▫️Maximum stake: 0.05 bitcoins
Website: https://babylonlabs.io/
X: https://x.com/babylonlabs_io
https://babylonlabs.io/blog/babylon-bitcoin-staking-mainnet-launch-phase-1
Base will launch Basenames
When Basenames launch, all names will be listed via Dutch auction with prices decreasing over 36 hours.
This will give everyone a fair shot at securing a name they love and prevent bots from snatching them up.
https://x.com/base/status/1825619708093362321
Donald Trump says he would offer Elon Musk a cabinet or advisory role if elected President.
https://x.com/WatcherGuru/status/1825635663779344537
Kamala Harris likely to nominate Gary Gensler as Treasury Secretary if elected
https://washingtonreporter.news/editorial/scoop-kamala-harris-likely-to-nominate-gary-gensler-as-treasury-secretary-if-elected-senate-sources/