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Polygon’s mainnet upgrade is scheduled for Sept. 4, 2024, transitioning its native token from MATIC to POL following community approval.
After the upgrade, POL will replace MATIC as the primary token for gas fees and staking.
A testnet migration launched on July 17 before the mainnet upgrade.
https://www.theblock.co/post/306023/polygon-plans-to-migrate-matic-to-pol-token-on-sept-4
HashKey Global and Bitget will list zkLink (ZKL) on July 22d, 12:00 UTC
Moreover, HashKey Global has announced the 5th project on HashKey Launchpool - zkLink (ZKL).
Launchpool Token Rewards: 530,000 ZKL
Launchpool Period: July 22, 2024, 12:00 UTC – July 25, 2024, 12:00 UTC
Minimum Locking Amount: 0.003 ETH
Maximum Locking Amount: 2 ETH
Website: https://zk.link/
https://x.com/hashkey_global/status/1813484805365068045
https://x.com/bitgetglobal/status/1813544212937244908
https://support.global.hashkey.com/hc/en-us/articles/14968382552860-Introducing-5th-HashKey-Launchpool-zkLink-ZKL-Lock-ETH-to-Earn-from-530-000-ZKL-Prize-Pool
The Indian Exchange WazirX was hacked
More than $230M of assets have been abnormally transferred from the WazirX wallet to the wallet "0x04b2".
https://x.com/lookonchain/status/1813836615598604627
BlockFi will commence first interim crypto distributions through Coinbase in July 2024.
https://x.com/blockfi/status/1813611800426086431
9 ETH ETF issuers announce their fees
https://x.com/jseyff/status/1813693107214717181
Financial services and banking giant State Street Corp. is exploring creating its own stablecoin.
https://www.bloomberg.com/news/articles/2024-07-17/state-street-said-to-explore-creating-stablecoin-deposit-token
Grayscale launches Grayscale Decentralized AI Fund. Available to eligible accredited investors.
https://x.com/Grayscale/status/1813568719395930615
Arthur Hayes announces the Maelstrom Fund Bitcoin Developer Grant Program.
Grants are issued for 12 months and payments are made monthly in BTC, USDC or USDT.
Grants can range from $50,000 up to $150,000 per developer.
https://maelstrom.fund/bitcoin-grant-program/
https://x.com/cryptohayes/status/1813474055879635288
💧 Bitcoin Sidechains with Potential TGE in 2024 by Funds Raised
👉 https://dropstab.com/tab/bitcoin-sidechains-w3mvxxtk0m
Dr Craig Steven Wright was found by the High Court of England and Wales to have been dishonest in his claims to have been the person behind the pseudonym Satoshi Nakamoto (the creator of Bitcoin).
https://craigwright.net/
FTX and CFTC agreed to $12.7 billion settlement following months of negotiations
https://www.theblock.co/post/305687/ftx-and-cftc-agree-to-12-7-billion-settlement-following-months-of-negotiations
Users on Blast can now bridge between Blast and Ethereum Mainnet twice as fast as before — the bridge period has been reduced from 14 days to 7 days.
Blast also changed its username from @Blast_L2 to @blast.
https://x.com/blast/status/1813272949191024824
The crypto market is growing
BTC Dominance - 53.55%
Market Cap - $2.42T
BTC - $65,740 (+1.49%)
ETH - $3,485.41 (+0.44%)
BNB - $579.7 (+0.02%)
ZRO - $4.25 (+5.46%)
ZK - $0.1751 (+0.3%)
STRK - $0.634 (+1.5%)
WLD - $2.82 (+22.56%)
https://dropstab.com
According to Cyvers Alerts, suspicious transactions occurred in the cross-chain transaction aggregator LI FI, and users are advised to revoke relevant authorizations. So far, more than $8 million of user funds have been affected, most of which are stablecoins. The attacker is converting USDC and USDT into ETH.
https://x.com/wublockchain/status/1813197923062325747
https://x.com/cyversalerts/status/1813189059449102352
Vitalik Buterin: „My hot take re "too much investment in infra": there's too much investment in *some kinds of infra* and not enough in others, and what's actually going on is, people want to invest in "the casino" but still feel good about themselves, so they invest in the subset of infra that gets spillover profits from the casino.“
https://warpcast.com/vitalik.eth/0xbf4d0a3a
Bybit Launchpool has introduced ZKL, the utility token of zkLink
Event Period: Jul 22, 2024, 12:00 UTC – Jul 29, 2024, 12:00 UTC
On Bybit Launchpool, you can stake ZKL, USDT or MNT to earn ZKL tokens.
1. ZKL Pool
Total Rewards: 2,100,000 ZKL
Minimum Staking Amount: 500 ZKL
Maximum Staking Amount: 100,000 ZKL
2. MNT Pool
Total Rewards: 1,400,000 ZKL
Minimum Staking Amount: 100 MNT
Maximum Staking Amount: 5,000 MNT
3. USDT Pool
Total Rewards: 3,500,000 ZKL
Minimum Staking Amount: 100 USDT
Maximum Staking Amount: 2,000 USDT
Listing: Jul 22, 2024, 12:00 UTC
https://announcements.bybit.com/en/article/bybit-launchpool-stake-zkl-usdt-or-mnt-to-earn-a-share-of-7-000-000-zkl--blt6f7b522f003b07b3/
LayerZero has introduced its Provisional Bounty Hunting Sybil List
Bounty hunters can review this provisional list until 00:00 UTC on July 21st.
Final distribution will occur by the end of day Tuesday, July 23rd.
https://commonwealth.im/layerzero/discussion/24015-provisional-bounty-hunting-sybil-list
https://x.com/LayerZero_Fndn/status/1813837272992629118
DeBank introduced a checker that allows you to check your wallet to see if it is on sybil lists.
https://debank.com/sybil
Mark Cuban: Keep that in mind as you consider what happens if because of geopolitical uncertainty and the decline of the dollar as the reserve currency, BTC becomes a “safe haven” globally. Which means that BTC could be what countries and all of us look to buy as a means to protect our savings.
https://x.com/mcuban/status/1813591281970348264
Vitalik Buterin introduced an article opposing the choose of politicians based on their attitude towards crypto.
https://vitalik.eth.limo/general/2024/07/17/procrypto.html
The crypto market is down
BTC Dominance - 53.45%
Market Cap - $2.39T
BTC - $64,802 (-1.36%)
ETH - $3,426.89 (-1.64%)
BNB - $573.8 (-1.05%)
ZRO - $4.1 (-3.24%)
ZK - $0.172 (-2.06%)
STRK - $0.602 (-5.62%)
WLD - $2.86 (+1.57%)
https://dropstab.com
SEC Commissioner Hester Peirce says Ethereum ETF staking "always open for reconsideration as far as I'm concerned" in new Coinage interview
https://x.com/coinage_media/status/1813539741851365812
Tether reached a capitalization of $113 billion
https://x.com/paoloardoino/status/1813250598491365684
Donald Trump plans to launch the 4th NFT collection and develop cryptocurrencies
https://www.bloomberg.com/features/2024-trump-interview-transcript/
Daily total net inflow into the spot Bitcoin ETF were ~$422m on 16 July.
https://sosovalue.com/assets/etf/us-btc-spot
Deribit will launch BTC and ETH options early in time for the Nov. 8 election
https://x.com/DeribitExchange/status/1813228883409273046
Worldcoin Foundation said that the unlock schedule for 80% of the WLD held by TFH’s team members and investors is being extended from 3 to 5 years.
The WLD token was up more than 22% to $2.81.
https://www.theblock.co/post/305632/worldcoin-token-jumps-20-with-unlock-for-early-contributors-starting-next-week-period-extended
Coinbase, Ripple, a16z plan to send representatives to the Republican National Convention (RNC) and, later, the Democratic National Convention (DNC).
https://cryptoslate.com/coinbase-ripple-a16z-to-attend-republican-and-democratic-national-conventions/
Kraken received BTC from Mt.Gox.
It will distribute funds within 7-14 days.
https://x.com/News_Of_Alpha/status/1813167748115292467
Mt. Gox moved 95,870 Bitcoin worth $6 billion to unknown addresses.
https://x.com/bitcoinmagazine/status/1813128308747272580