In the past 24 hours, long positions worth ~$587 million were liquidated.
https://www.coinglass.com/LiquidationData
Pavel Durov: „Hamster Kombat has become the latest Internet phenomenon everyone's talking about. 239 million people have signed up for this Telegram mini app in just 3 months.
It took Hamster only 73 days to reach 100 million monthly users. Each day, 4-5 million new users join Hamster Kombat, making it the fastest-growing digital service in the world.
As I said a few months back, a new wave of mini apps on Telegram is coming, and Hamster Kombat is now leading the pack. Its amazing growth shows the viral potential of the Telegram mini app platform.
Soon, Hamster’s team will mint its token on TON, introducing the benefits of blockchain to hundreds of millions of people. A new era is arriving, and we are witnessing its arrival in real time.“
/channel/durov/307
Justin Sun: “I am willing to negotiate with the German government to purchase all BTC off-market in order to minimize the impact on the market.”
https://x.com/justinsuntron/status/1808828661401072092
Aptos introduced Aptos Connect, which allows you to connect to Web3 services based on Aptos using mail
https://x.com/Aptos/status/1808538379514195994
Galxe is migrating the Galxe (GAL) token to Gravity (G)
G is the native token on Gravity and the utility token for both Gravity and the Galxe ecosystem.
Initial Total Supply: 12,000,000,000 G
The migration portal will be available to all users on July 9th, 2024.
The new G tokens will be sent to your wallet at a 1:60 GAL to G ratio.
https://blog.galxe.com/introducing-g-one-token-two-ecosystems-306fee047256
Top 300 losers in 24h: ZRO (-16%), W (-13%), FTM (-12%), BEAM (-12%), WIF (-11%).
https://dropstab.com/insights/top-performance
DWF Labs has launched a $20 million Cloudbreak Fund to support promising projects in Chinese-speaking regions.
The fund will back initiatives in GameFi, SocialFi, meme coins, and layer-1/layer-2 infrastructure, providing financial and strategic resources.
https://x.com/DWFLabs/status/1808680930888069549
https://www.coindesk.com/tech/2024/06/27/protocol-village/
The crypto market is down
BTC Dominance - 52.97%
Market Cap - $2.20T
BTC - $59,019.98 (-3.15%)
ETH - $3,224.79 (-4.02%)
BNB - $540.1 (-5.37%)
ZRO - $3.41 (-12.17%)
ZK - $0.1754 (-2.45%)
STRK - $0.603 (-4.37%)
WLD - $2.21 (+1.41%)
W - $0.3161 (-11.57%)
https://dropstab.com
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
💧 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
Mt.Gox transferred 47,229 BTC (~$2.7bn) to a new address
https://platform.arkhamintelligence.com/explorer/entity/mt-gox
The crypto market is down
BTC Dominance - 54.03%
Market Cap - $2.02T
BTC - $55,365.98 (-6.26%)
ETH - $2,914.03 (-10.12%)
BNB - $469.3 (-13.1%)
ZRO - $2.8 (-18.61%)
ZK - $0.1337 (-20.34%)
STRK - $0.472 (-22.86%)
W - $0.241 (-24.81%)
ARB - $0.591 (-20.23%)
https://dropstab.com
Binance will make an announcement on July 14.
https://x.com/binance/status/1808833307011936517
Mt Gox wallets make small bitcoin moves, including to recipient exchange Bitbank
https://www.theblock.co/post/303517/mt-gox-wallets-make-small-bitcoin-moves-including-to-recipient-exchange-bitbank-shows-arkham
The German government again transferred 1,300 BTC ($74.7 million) to exchanges
https://platform.arkhamintelligence.com/explorer/entity/germany
Symbiotic TVL has surpassed $1bn
https://defillama.com/protocol/symbiotic#information
Andrew Kang: „Most market participants are not appreciating the significance of a potential loss of a 4-month range on Bitcoin
The closest parallel we can draw is to that of the range of May 2021 where we also came off a parabolic rally of BTC and alts
$50B+ of crypto leverage here is similarly at near an ATH (chart does not include CME which is higher), but compounded by the fact that in this scenario we have ranged even longer (18 weeks vs 13), and we have not had extreme washouts yet while we had a few in the middle of the 2020-2021 bull market
It's likely that my initial estimates of low $50ks were too conservative and we see a more extreme reset to $40ks. Such an pullback would be quite damaging to the market and likely require a few months of chop/downtrend (recovery period) before a reversal of an upward trend would be possible“
https://x.com/Rewkang/status/1808545114622677300
Bitwise has filed an amended S-1 form for an Ethereum exchange-traded fund several days ahead of its July 8 deadline.
https://www.theblock.co/post/303425/ethereum-etfs-could-come-as-soon-as-next-week-as-bitwise-files-amended-s-1-early
Renzo Protocol is now live on Pendle
https://x.com/renzoprotocol/status/1808335001278152851
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